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World Fuel’s marine gross profit surges 86% as bunker price volatility drives Q1 results
Higher bunker prices and volatility propel World Fuel to a strong first quarter, prompting upgraded full-year guidance. |
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Axpo completes first ship-to-ship bio-LNG bunkering at Barcelona
Swiss energy company supplies bio-LNG to MOL's car carrier Lapis Ace at Spanish port. |
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Island Oil appoints Dimitris Mertikas as head of international trading in Dubai
Bunker firm says hire will strengthen its trading capabilities and knowledge of the Middle Eastern and Greek markets. |
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LNG and biofuels seen as most viable near-term options, ICS Barometer finds
Geopolitical instability emerges as shipping’s defining risk in ICS report. |
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Zhoushan ship exports nearly double in five months amid decarbonisation push
China's Zhoushan reports 93.7% surge in ship exports driven by rising demand for more advanced and environmentally friendly vessels. |
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PIL names two 13,000-teu LNG dual-fuel vessels at Shanghai shipyard
Two newbuilds are equipped to operate on LNG as well as low-sulphur fuel oil. |
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Contract signed to build methanol-ready deepwater installation vessel
Chinese shipbuilder CIMC Raffles to construct vessel for Solstad-SBM joint venture. |
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Verde Marine Energy completes its first B100 biofuel bunkering in ARA region
Supplier delivers B100 advanced FAME to Vertom vessel. |
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Bureau Veritas classes CMA CGM’s first 24,000-teu LNG dual-fuel mega boxship built by Yangzi Xinfu
BV highlights work carried out during design, construction and commissioning of new new ultra-large container vessel. |
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Shipping and aviation bodies urge EU to redirect ETS revenues into sustainable fuels
ECSA and A4E say more than €11bn in annual ETS contributions must fund decarbonisation efforts. |
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| Tallink achieves Q3 growth despite rise in bunker costs [News & Insights] |
| LNG Gorskaya in UK tie-up to attract bunker project financing [News & Insights] |
| Kriogaz starts supplying LNG to Europe's bunker market [News & Insights] |
| Design project aims to cut fuel costs by 15% [News & Insights] |
| New tool calculates the effect of LNG quality on engine knock [News & Insights] |
| Turbine plant cuts fuel consumption by 15% [News & Insights] |
| BC Ferries' second LNG-powered vessel sets sail for Canada [News & Insights] |
| IBIA elects new board members [News & Insights] |