Category: ship&bunker

LNG Leads Alt-Vessel Orderbook in February with 33 New Orders: DNV Of the 34 alternative-fuelled vessels ordered in February, 33 were LNG-capable. Go to ship&bunker

Core Power Urges UK to Include Nuclear Propulsion in Clean Maritime Plan Core Power asserts that the UK is well-positioned to lead in the design, construction, regulation, financing, and provision of marine insurance for nuclear-powered vessels. Go to ship&bunker

Southern Indian Port Takes Lead in Methanol Bunkering Push V.O Chidambaranar Port in Tamil Nadu, Southern India, has selected green methanol as part of its bunker fuel mix. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Rises for First in Six Sessions Ship & Bunker’s G20-VLSFO Index gained $0.50/mt to $576.50/mt on Friday, having reached its lowest level since December 25 the previous day. Go to ship&bunker

Biofuel Bunkered for the First Time in Thailand A total of 470 mt of B24-VLSFO was supplied to NYK’s vessel by Bangchak Sriracha at Laem Chabang Port. Go to ship&bunker

Maersk’s New Dual-Fuel Vessel Can Sail 23,000 Nautical Miles on Methanol The vessel is equipped with two tanks capable of storing 16,000 m3 of methanol, allowing it to sail up to 23,000 nautical miles on pure methanol. Go to ship&bunker

Norwegian Firm Halts Bunker Supply to US Navy Over Ukraine Policy Aure-based Haltbakk Bunkers will no longer provide fuel to US forces in Norway. Go to ship&bunker

Trump Spat With Ukraine Contributes To Worst Monthly Oil Losses Since September However, some analysts think the peace deal collapse could benefit Russian oil. Go to ship&bunker

Lauritzen Bulkers CEO Steps Down After Six Months in Role Martin Egvang is stepping down as Lauritzen Bulkers CEO with immediate effect. Go to ship&bunker

Tanker Crew Member Injured in Suspected Armed Robbery in Singapore Strait A crew member onboard the chemical tanker Basset was injured after an unauthorised boarding incident occurred in the Singapore Strait. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to Lowest Since December Ship & Bunker’s G20-VLSFO Index lost $6/mt to $576/mt on Thursday, reaching its lowest level since December 25. Go to ship&bunker

EPS Secures Funding for Two LNG-Fuelled Boxships EPS signed the vessels’ financing agreement with SPDP Financial Leasing in Shanghai. Go to ship&bunker

President Trump Indicates Delayed Tariffs on Canada and Mexico to Go Ahead as Planned The new US tariffs are now scheduled to enter effect on March 4. Go to ship&bunker

China May Challenge US Proposed Vessel Fees at WTO The US has proposed service fees of up to $1.5 million on vessels of Chinese origin calling at US ports. Go to ship&bunker

K Line Takes Delivery of LNG-Fuelled Car Carrier The LNG-fuelled vessel is capable of carrying 6,900 vehicles. Go to ship&bunker

Finland’s P2X Solutions Gets Funding for Green Shipping Fuels Project P2X Solutions has won funding of €60 million from Business Finland to develop a renewable hydrogen and e-methanol plant in Finland. Go to ship&bunker

Trump Again Sways Oil Trading, Crude Rises Over 2% On Chevron’s Venezuela Ouster But the Russia/Ukraine peace talks continue to cap gains. Go to ship&bunker

Furetank Sees FuelEU Maritime Driving Bio-LNG Adoption Furetank’s tanker vessel Fure Viken recently bunkered 200 mt of ISCC certified bio-LNG in Norway. Go to ship&bunker

“Knee Jerk” Response To Stock Build Causes More Losses For Crude, Demand Increase Ignored Meanwhile, analysts anticipate imminent peace between Russia and Ukraine. Go to ship&bunker

Alternative Marine Fuels: Are We There Yet? Attendees at Argus Media’s Future Fuels forum doubt maritime’s ability to reach net-zero by 2050, but the market is taking shape nevertheless. Go to ship&bunker

Buyers Alliance ZEMBA Issues Tender to Procure E-Fuels ZEMBA, made up of global companies such as online giant Amazon, has issued a tender to procure e-fuels for its shipping needs. Go to ship&bunker

WinGD Methanol Engine to Power Large Boxship WinGD has delivered a dual-fuel methanol engine to a shipyard for installation on a 16,000 TEU container ship. Go to ship&bunker

Norsepower Partners with Syroco to Enhance Wind Propulsion in Shipping The two companies aim to optimise wind-assisted propulsion system performance by integrating rotor sail technology with advanced digital solutions. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops for Third Day Ship & Bunker’s G20-VLSFO Index lost $3.50/mt to $587.50/mt on Tuesday, reaching its lowest level since January 7. Go to ship&bunker

Deltamarin to Design Upsized Dual-Fuel Vessels for Wallenius Wilhelmsen Deltamarin will develop the design for the upsized vehicle carriers, which will see their capacity increased from 9,300 to approximately 12,100 CEUs. Go to ship&bunker

Pertamina International Shipping CEO Arrested in Indonesia: Report Pertamina International Shipping CEO Yoki Firnandi, as well as Riva Siahaan, president director of the state-owned firm’s sales arm, were among seven people arrested on Monday in relation to an oil-market investigation. Go to ship&bunker

Stena Line Methanol-Ready Vessel Set to Start Operations in 2026 The vessel will be fitted with rotor sails and batteries and will also be capable of connecting to shore power. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to Seven-Week Low Ship & Bunker’s G20-VLSFO Index lost $5/mt to its lowest level since January 7 on Monday. Go to ship&bunker

Hong Kong to Host IBIA Annual Convention 2025 IBIA Executive Director Alexander Prokopakis announced the decision at the organisation’s annual dinner in London on Monday. Go to ship&bunker

IBIA Chairman Hails 10% Increase in Membership The industry body has seen growth in both the size of its membership and the diversity of the market participants it represents, Chairman Constantinos Capetanakis said at its annual dinner on Monday. Go to ship&bunker

Copenhagen Infrastructure Partners Develops Ammonia Bunkering Manual The manual provides a framework to ensure safe and efficient ammonia bunkering operations. Go to ship&bunker

Fratelli Cosulich Marks First B100 Biofuel Delivery in Singapore Fratelli Cosulich, in collaboration with its partners, bunkered a bulk carrier with B100 marine biofuel for the first time in Singapore. Go to ship&bunker

UniBarge Granted Methanol Bunkering License at ARA Hub The company’s barge recently supplied methanol to a boxship at the Delta Barge Feeder terminal in Rotterdam. Go to ship&bunker

Singapore’s PIL Takes Delivery of Third LNG-Fuelled Boxship Pacific International Lines has received its third dual-fuel LNG vessel. Go to ship&bunker

Tony Odak Leaves Stone Oil to Head up Marine Operations for Sunoco “I know it was the right fit moving forward with this team and organization, as we grow out the marine fuel business,” he tells Ship & Bunker. Go to ship&bunker

New Singapore-Based Fintech 129Knots Seeks to Improve Credit Access for Marine Industry The new firm, 129Knots, has been launched with a $10 million investment led by bunker firm Sing Fuels and a $500 million deal pipeline, co-founder Mahesh Kumar tells Ship & Bunker. Go to ship&bunker

Israel Vowing Revenge Against Hamas Ignored By Traders, Oil Sheds $2 Debatable Russian/Ukraine peace progress also contribute to “risk-off” tone. Go to ship&bunker

Green Marine Sets Out Need for More Training on Methanol Bunkers The firm is hosting a training session on methanol bunkering in Rotterdam next month in partnership with IBIA and Vopak. Go to ship&bunker

ABS Approves Design of Korean Nuclear-Powered Boxship ABS is also collaborating with the US Department of Energy to research the barriers to adopting advanced nuclear propulsion on commercial vessels. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Rises for Second Day Ship & Bunker’s G20-VLSFO Index gained $1.50/mt to $598/mt on Thursday, reaching its highest level since February 12. Go to ship&bunker

13 New Countries Back Carbon Levy at IMO Meeting An increasing number of IMO member states are now backing the inclusion of a carbon levy as part of the organisation’s mid-term measures to reduce GHG emissions. Go to ship&bunker

K Line and Rikkyo University Join Forces for Onboard Carbon Capture The Japanese duo aim to develop onboard carbon capture using advanced materials to maximise CO2 capture. Go to ship&bunker

Panama’s President Orders Withdrawal of VT Group’s Bunker Barge Operator Licence President Jose Raul Mulino has said a decision to extend the licence of VT to 2029 is being cancelled. Go to ship&bunker

Global Fuel Supply Launches New Physical Bunker Supply Operation in West Africa The company has chartered the 5,498 DWT tanker RLO Explorer to deliver fuels from Luanda anchorage in Angola. Go to ship&bunker

Equinor Taps Gasum for Bio-LNG to Power Norwegian Tugs Gasum will supply bio-LNG to two tugboats operated by Equinor in Norway. Go to ship&bunker

Chimbusco Pan Nation Executes Largest Biofuel Supply in Hong Kong Chimbusco Pan Nation Petro-Chemical supplied about 5,500 mt of B24-VLSFO to a container ship in Hong Kong. Go to ship&bunker

Fratelli Cosulich Opens New Office in South Korea South Korea is the 11th country in which the marine fuel supplier has set up a trading office. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Rises to One-Week High Ship & Bunker’s G20-VLSFO Index gained $2/mt to its highest level since February 12 on Wednesday. Go to ship&bunker

IMO Moves Forward with Alternative Fuel Training Guidelines for Seafarers The maritime watchdog has developed interim guidelines for training seafarers working on ships powered by alternative marine fuels and new technologies. Go to ship&bunker

Titan Enhances LNG Bunkering in Le Havre with Truck-to-Ship Deliveries Titan argues that while STS LNG bunkering is widely used, truck deliveries remain essential as they provide added flexibility for customers. Go to ship&bunker

Oil Ekes Out Minimal Gains As Traders Undecided About Bullish Drivers Meanwhile, data shows Russia adept at circumnavigating sanctions. Go to ship&bunker

Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping Skuld says cashew nutshell liquid biofuels can cause serious problems to the vessel’s engine components. Go to ship&bunker

BAR Technologies Sees Wind Power Gaining Ground in Mid-Sized Shipping The company reports a surge in interest from shipowners and operators of handymax bulkers, chemical tankers and general cargo vessels seeking wind-assisted propulsion solutions. Go to ship&bunker

MARKET SURVEY: Q4 Gain Sends 2024 Bunker Hub Demand 4% Higher 2024’s total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019. Go to ship&bunker

Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage Meanwhile, Saudi crude exports drop in September in line with OPEC cuts. Go to ship&bunker

VPS: 2024 Marine Bunker Fuels Review Steve Bee of VPS Group discusses the developments in marine fuel quality in 2024. Go to ship&bunker

Core Power Targets Mid-2030s for US Floating Nuclear Plant Debut Core Power says floating nuclear plants can be mass-produced and towed to customer locations without the need for complex site preparations. Go to ship&bunker

VPS Hires Chief Financial Officer Netherlands-based Frans van Helden has joined VPS as CFO as of this month. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Slips Despite Rise in Crude Ship & Bunker’s G20-VLSFO Index lost $0.50/mt to $595/mt on Monday, paring the previous session’s $2/mt gain. Go to ship&bunker

ONE and Yusen Logistics Partner for Biofuel-Powered Shipments By opting for biofuel-powered shipments, customers can help reduce their scope 3 GHG emissions. Go to ship&bunker

Gasum to Strengthen LNG Supply in NW Europe with New Bunker Vessel The 7,800 m3 vessel, owned by a joint venture between Gasum and Sirius Shipping, will be chartered by Gasum. Go to ship&bunker

Algeciras Completes First LNG Bunkering at Night in Inner Dock The bunkering of Baleària’s ferry was conducted at the berth of the Isla Verde Interior dock at night. Go to ship&bunker

Hapag-Lloyd Boxship Bunkers LNG at Malaysian Port The LNG-powered boxship was bunkered by MT Paolina Cosulich at the Malaysian Port of Tanjung Pelepas during the weekend. Go to ship&bunker

Oil Traders Bullish On Trump’s Russia/Ukraine Peace Efforts, Hopeful On Tariffs But Innes warns that peace is still theoretical, preventing any price freefall. Go to ship&bunker

NorthStandard to Use BetterSea’s FuelEU Compliance Platform The collaboration will enable members of NorthStandard to use BetterSea FuelEU Maritime compliance service. Go to ship&bunker

Container Line ONE Names Methanol/Ammonia Ready Boxship in Korea The 13,800 TEU capacity container ship was named ONE Sparkle at a ceremony in South Korea. Go to ship&bunker

ABS Sees No Net-Zero in Shipping Without Nuclear Power While nuclear energy has been used in naval vessels, its adoption in commercial shipping has been hindered by regulatory and safety concerns. Go to ship&bunker

Bunker Holding to Be Presented With Potential Acquisition Case Next Week The firm’s executive management team is set to be presented with a potential acquisition case next week, CEO Keld Demant tells Ship & Bunker. Go to ship&bunker

IBIA Takes on Alternative Fuels and MFMs in 2025 Training Programme IBIA’s 2025 training programme reflects the industry’s changing priorities in the era of decarbonisation and digitalisation. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to One-Month Low Ship & Bunker’s G20-VLSFO Index lost $8.50/mt to its lowest level since January 9 on Thursday. Go to ship&bunker

Austal Australasia Wins $170 Million Order for Swedish Hydrogen-Ready Ferry The construction of the ferry is set to begin next year, with delivery scheduled for mid-2028. Go to ship&bunker

Oil Declines On Possible Russia/Ukraine Peace, As Trump’s Tariffs Inspire Optimism Increasingly, analysts realize that the tariff threats are a negotiating tactic. Go to ship&bunker

US Aircraft Carrier Collides With Bulker in Mediterranean The Nimitz-class aircraft carrier USS Harry S. Truman and the bulker Besiktas M collided near Port Said at about 11:46 PM local time on Wednesday. Go to ship&bunker

Mitsui E&S Begins Testing of Ammonia Engine and Fuel Systems in Japan The company has started testing its ammonia engine and fuel systems in its Tamano Factory. Go to ship&bunker

Nations Controlling 70% of Global Shipping Tonnage Back Fuel Standard and Levy: Report This strong backing suggests that mid-term measures like the GHG fuel standard and carbon levy could win if put for a vote at IMO. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Declines for First in Three Sessions Ship & Bunker’s G20-VLSFO Index lost $1/mt to $602/mt on Wednesday, having reached its highest level since February 5 the previous day. Go to ship&bunker

Trump Causes Oil To Revert To Losses As End Of Russia/Ukraine War Is Discussed But brewing Israel/Hamas hostilities could mean a massive price upswing soon. Go to ship&bunker

Turkish Bunker Association to Hold Istanbul Bunker Conference in May Registration has now opened for the 9th Istanbul Bunker Conference. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Jumps to One-Week High Ship & Bunker’s G20-VLSFO Index gained $4/mt to its highest level since February 5 on Tuesday. Go to ship&bunker

Holland Shipyards Group Delivers Diesel-Electric Vessel The cable-laying vessel features a diesel-electric powertrain, with two 374 bkW electro motors. Go to ship&bunker

Suez Canal Authority Expects Normalisation of Traffic From Late March: Report The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year. Go to ship&bunker

Aurora Marine Fuels Hires Trader in London Conor Kilgallon has joined the firm as a trader in London as of this month, an AMF representative tells Ship & Bunker. Go to ship&bunker

BUNKER JOBS: Med Petroleum Seeks Bunker Trader in Dubai The company is looking for candidates with experience in fuel trading and trading strategy, as well as an educational background in finance, economics, business or a related field. Go to ship&bunker

NYK Trials Biofuel on Coal Carrier in Japan Japanese shipping giant Nippon Yusen Kaisha (NYK) has completed a biofuel trial on a coal carrier. Go to ship&bunker

Oil Swings To The Upside Despite Trump Tariffs, Analysts Now Bullish About Prospects Increased industrial activity and mobility are cited as factors driving demand. Go to ship&bunker

IBIA Welcomes IMO Guidance Change on Carriage of Biofuel Bunkers The new guidance from the IMO allows for conventional bunker ships to carry biofuel blends of up to 30% by volume. Go to ship&bunker

Singapore: Leak Prompts Further Inspections at Coast Guard Bases Leak at Brani regional base saw 23 metric tonnes of diesel going into sea. Go to ship&bunker

Med Petroleum Appoints Bunker Trading Manager in Dubai Chantale Nasr has been appointed to the role of bunker trading manager for Med Petroleum in Dubai as of this month. Go to ship&bunker

Trump Administration to Impose 25% Tariffs on US Steel and Aluminium Imports The new levies will be on top of existing metals duties. Go to ship&bunker

India’s Kandla Port Teams Up with Bapu’s Shipping for Methanol Bunkering They seek to construct India’s first methanol bunkering barge. Go to ship&bunker

Sri Lanka’s Hambantota Port Adds HSFO Storage Capacity for Bunkering The Sri Lankan port has set up a new HSFO facility with 6,000 m3 of storage capacity. Go to ship&bunker

Nine Countries Join IMO’s Green Shipping Programme India and Mexico are among the nine countries that have been selected by IMO for its flagship technical cooperation programme. Go to ship&bunker

Oil Down For Third Straight Week As Flynn Credits Trump For Being Its “Biggest Influence” From tariffs to sanctions, Trump is writing there script “for the history books.” Go to ship&bunker

FOBAS Bulletin: Off-Spec Total Sediment Potential (TSP) Fuels in the ARA Region FOBAS has tested several samples from ARA with TSP results exceeding the ISO 8217 specification limit of 0.10% m/m. Go to ship&bunker

INTERVIEW: SEA-LNG Sees ‘The Game Just Starting’ on LNG Bunkering SEA-LNG still sees the current state of play as an early stage in LNG’s development, Chairman Peter Keller tells Ship & Bunker. Go to ship&bunker

Hyundai Mipo Begins Construction of Purus Ammonia-Ready Vessel The 45,000 m3 capacity gas carrier will be delivered by 2026. Go to ship&bunker

New Yacht Refuelling Service to Launch in Grenada Next Month A new in-berth fuelling system will enable superyachts to refuel at their dock at Port Louis Marina in Grenada starting in March. Go to ship&bunker

Paria Fuel Denies Third-Party Involvement in Jamaica Bunker Supply Deal Allegations that the fuel oil supplied by Petrojam to Paria will need to be imported from other regions are false, Paria said on Thursday. Go to ship&bunker

France Unveils Initiative to Support Shipping Decarbonisation The French government has issued a call for proposals to accelerate the development of low-carbon ships and technologies to support decarbonisation. Go to ship&bunker

Jones Act Support and US Shipbuilding Woes Take Center Stage at Hearing US Congressman Mike Ezell said that the rise in global shipbuilding has led to a decline in US shipbuilding capacity. Go to ship&bunker