| Year | $m | +/-($m) | +/-(%) |
| 2021 | 659.0 | +101.1 | +18.1 |
| 2020 | 557.9 | -16.1 | -2.8 |
| 2019 | 574.0 | +35.8 | +6.7 |
| 2018 | 538.2 | +137.1 | +34.2 |
| 2017 | 401.1 | -- | -- |
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Titan Clean Fuels completes first FuelEU Maritime pooling exercise with DNV verification
Pool included several hundred vessels, with LNG and biomethane helping balance compliance deficits. |
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ClassNK grants world-first approval for ammonia-fuelled bulk carrier with Type B fuel tanks
Japanese classification society issues AiP for Panamax design with tanks installed on exposed deck. |
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EmissionLink warns UK ETS preparations at risk amid Strait of Hormuz focus
Maritime emissions compliance provider says regulatory deadline cannot be delayed despite geopolitical disruptions. |
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FortisBC completes 10,000th LNG bunkering operation for marine vessels
Canadian utility reaches refuelling milestone as West Coast LNG marine fuel demand grows. |
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Bureau Veritas approves dual-fuel tanker designs for Australian coastal operations
SeaTech Solutions receives approval in principle for 80 m vessels designed to carry methanol and biofuels. |
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Japanese shipping firms secure government funding for Singapore ammonia bunkering trial
Sumitomo, K Line and NYK to demonstrate ship-to-ship ammonia fuel supply operations. |
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PIL and PSA launch Singapore’s first joint land-sea green shipping service
DNV-verified service allows shippers to reduce Scope 3 emissions through lower-carbon fuel allocation. |
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Baleària begins sea trials of dual-fuel catamaran Mercedes Pinto in Gijón
Third LNG-powered fast ferry expected for delivery in May, destined for Canary Islands routes. |
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Navios Partners takes delivery of dual-fuel-ready Aframax tanker
Nave Amaryllis is equipped with LNG and methanol readiness alongside shore power capability. |
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IBIA backs IMO as global shipping regulator ahead of MEPC 84
Marine fuel industry body supports joint shipping statement emphasising multi-stakeholder approach to decarbonisation. |
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| Norden completes first biofuel test voyage [News & Insights] |
| Maersk spent $1.5bn more on bunkers in 2021 [News & Insights] |
| Norden ups estimated 2020 scrubber costs [News & Insights] |
| Monjasa trainees graduate from Danish Shipping Academy [News & Insights] |
| GoodFuels now offering bio-fuel oil and bio-MGO [News & Insights] |
| Verifavia exceeds 1,000 ships under EU MRV assessment [News & Insights] |
| Norden's bunker costs fall by almost a quarter [News & Insights] |