krogragg

Category: Bunkering

  • 3,200 ships caught up in Hormuz paralysis

    3,200 ships caught up in Hormuz paralysis VLCC freight surged to extraordinary theoretical levels on Monday as the war between Iran and the US‑Israel coalition roiled shipping in the Persian Gulf, with some 3,200 vessels stuck in the region. The benchmark TD3C from the Middle East to China was quoted at $423,700 a day, up…

  • GSX Energy firms up LNG bunker pair in China

    GSX Energy firms up LNG bunker pair in China GSX Energy has firmed up an order for two additional LNG bunkering vessels at China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE), lifting its series at the yard to four ships. GSX Energy was formed in October 2025 as a joint venture between Sabrina Chao-…

  • Galveston LNG Bunker Port teams up with TOTE to build Jones Act bunker fleet

    Galveston LNG Bunker Port teams up with TOTE to build Jones Act bunker fleet Texas-based Galveston LNG Bunker Port (GLBP) has struck a strategic partnership with TOTE Services to develop and operate a fleet of dedicated Jones Act LNG bunker vessels for the US Gulf Coast. Under a newly signed heads of agreement, GLBP and…

  • Uni-Fuels eyes further growth amid rising bunker market complexity

    Uni-Fuels eyes further growth amid rising bunker market complexity Singapore-based marine fuel supplier Uni-Fuels has announced the next phase of its global expansion strategy, focused on scaling operations across key maritime markets. This will build on Uni-Fuels’ expansion to Dubai, Shanghai, and Limassol in 2025, and provide the strategic framework for additional office openings and…

  • Auckland port heads to Turkey for bunker tanker newbuild

    Auckland port heads to Turkey for bunker tanker newbuild Port of Auckland in New Zealand is moving deeper into the bunkering business with a newbuild tanker designed to support the shift toward cleaner marine fuels. Its bunkering arm, Seafuels, has signed a NZD50m ($29m) shipbuilding contract for a vessel capable of supplying biodiesel and methanol,…

  • World Fuel supplies Norwegian Viva with waste-based biofuels in Greece

    World Fuel supplies Norwegian Viva with waste-based biofuels in Greece Norwegian Cruise Line Holdings has carried out one of the first commercial biofuel bunkerings for a cruise vessel in Greece, with Norwegian Viva receiving a waste-based marine fuel blend in Piraeus. Coordinated by Miami, Fla.-headquartered World Fuel, in collaboration with Greek supplier EKO, the delivery…

  • Samsung Heavy to build Amogy ammonia power systems

    Samsung Heavy to build Amogy ammonia power systems US ammonia power specialist Amogy has teamed up with Samsung Heavy Industries (SHI) in a multi-year strategic partnership to manufacture its ammonia-to-power systems in South Korea. Under the agreement, SHI will set up a dedicated facility to produce and test Amogy’s systems for both maritime and land-based…

  • ‘Ambition is not yet reaching the fixture desk’: RightShip warns of reward deficit for responsible owners

    ‘Ambition is not yet reaching the fixture desk’: RightShip warns of reward deficit for responsible owners A new 37-page report published today by vetting specialist RightShip makes clear the growing frustration among owners who invest in safer, greener operations yet see little commercial recognition for it, with just 27% of charterers polled saying they offer…

  • Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek

    Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-neutrality goals. The post…

  • StormGeo launches NextGen Bunker Management

    StormGeo launches NextGen Bunker Management Oslo, Norway-headquartered StormGeo, a leading provider of weather intelligence and maritime decision-support solutions, has launched its NextGen Bunker Management platform — calling it “a major step forward in digitalizing and optimizing bunker planning and procurement for the global shipping industry.” Built to enable commercial operators to optimize every stage of…

  • Why realism, not rhetoric, will drive shipping’s path to net zero

    Why realism, not rhetoric, will drive shipping’s path to net zero Philippos Ioulianou, managing director of EmissionLink, writes for Splash today. The decision by the International Maritime Organization to delay the Net-Zero Framework by a year has exposed deep divisions. What should have been a coordinated global effort toward decarbonisation has resulted in paralysis at…

  • IMO fails to agree Net-Zero Framework, pushes talks to 2026

    IMO fails to agree Net-Zero Framework, pushes talks to 2026 Negotiations at the International Maritime Organization (IMO) have broken down without agreement on the Net-Zero Framework, leaving the shipping industry facing another year of uncertainty over how its decarbonisation will be regulated. Delegates at the Marine Environment Protection Committee’s extraordinary session in London voted to…

  • Too close to call: IMO’s make-or-break vote to define shipping’s decarbonisation path

    Too close to call: IMO’s make-or-break vote to define shipping’s decarbonisation path The global shipping industry will find out today its green future with one of the most contentious Marine Environment Protection Committee (MEPC) meetings drawing to a close this evening at the London headquarters of the International Maritime Organization (IMO) and the vote on…

  • Lloyd’s Register issues first roadmap for nuclear-powered shipping

    Lloyd’s Register issues first roadmap for nuclear-powered shipping British class society Lloyd’s Register (LR) has published new guidance on the use of nuclear energy in commercial shipping, offering what it calls the first comprehensive roadmap for the safe and responsible integration of nuclear power into the maritime sector. The document, Navigating Nuclear Energy in Maritime,…

  • Sogestran orders two new bunker tankers in China

    Sogestran orders two new bunker tankers in China France’s Sogestran Group is upgrading its bunker tanker fleet with an order for two new vessels at China Merchants Industry Yangzhou Dingheng Shipyard. The deal, which extends a long-standing partnership between its subsidiary Maritima with Petroineos in southern France, covers 4,500 cu m newbuilds set to replace…

  • IMO’s green dream meets America’s red line

    IMO’s green dream meets America’s red line While the majority of opening statements at yesterday’s opening of the latest Marine Environment Protection Committee (MEPC) were broadly in favour of the International Maritime Organization’s (IMO) Net-Zero Framework (NZF), the US delegation stood out once again for its outspoken opposition to the proposed green legislation. The American…

  • Carbon costs hit shipping balance sheets as $50bn era looms

    Carbon costs hit shipping balance sheets as $50bn era looms Carbon pricing in shipping is no longer an abstract regulatory concept — it’s a growing commercial cost that is reshaping balance sheets across the maritime value chain. In 2025, emissions trading under the EU ETS alone is expected to add more than $6bn in costs…

  • Purus joins LNG bunker rush with Shell-backed newbuild pair

    Purus joins LNG bunker rush with Shell-backed newbuild pair Purus Marine has ordered two LNG bunker vessels in China, marking its entry into the rapidly expanding market. The Singapore-based outfit, with over 70 ships across clean energy and offshore segments, will see the 18,900 cu m dual-fuel newbuilds constructed at Nantong CIMC Sinopacific Offshore &…

  • ExxonMobil steps into LNG bunkering with Avenir and Evalend newbuilds

    ExxonMobil steps into LNG bunkering with Avenir and Evalend newbuilds ExxonMobil has moved to enter the LNG marine bunkering market with two purpose-built vessels, as it looks to expand its portfolio of lower-emission marine fuels. The US energy major will begin operations in 2027, deploying two LNG bunker ships — one chartered from Avenir LNG…

  • British university sets out to turn seawater into ship fuel

    British university sets out to turn seawater into ship fuel London’s Brunel University is teaming up with startup Genuine H2 to pilot a system that splits seawater into hydrogen onboard ships. The concept is to feed seawater through electrolyzers, extract pure hydrogen, store it on ship, then use it as a clean-burning fuel. Brunel’s project…

  • MOL’s 98% methane slip cut hands LNG a lifeline ahead of key IMO showdown

    MOL’s 98% methane slip cut hands LNG a lifeline ahead of key IMO showdown Japan’s Mitsui OSK Lines (MOL) has achieved a 98% reduction in methane slip during sea trials — a leap that could reshape the emissions profile of LNG-fuelled tonnage ahead of next week’s Marine Environment Protection Committee meeting at the International Maritime…

  • Molgas takes full control of Titan Clean Fuels

    Molgas takes full control of Titan Clean Fuels Molgas Energy Group has completed the full acquisition of Amsterdam-based Titan Energy Holding, parent company of Titan Clean Fuels, creating one of Europe’s largest integrated downstream LNG and bio-LNG players. The Madrid-headquartered company, backed by infrastructure investor InfraVia, said the transaction marks a key step in its…

  • The great LNG scam: the IMO’s climate credibility is on the line

    The great LNG scam: the IMO’s climate credibility is on the line Elissama Menezes and Andrew Dumbrille, directors of Equal Routes, write for Splash ahead of this month’s crunch green vote at the International Maritime Organization. In the face of the upcoming International Maritime Organization. (IMO) Net-Zero Framework vote next month, we’re seeing a lot…

  • Keppel-led consortium to advance ammonia project on Jurong Island

    Keppel-led consortium to advance ammonia project on Jurong Island The Energy Market Authority of Singapore (EMA) and the Maritime and Port Authority of Singapore (MPA) have appointed the consortium led by asset manager and operator Keppel to conduct the next phase of the project to provide a low- or zero-carbon ammonia solution on Jurong Island…

  • China’s first ship-to-ship methanol bunkering completed

    China’s first ship-to-ship methanol bunkering completed COSCO Shipping Heavy Industry (Shanghai) (CHI Shanghai) has completed China’s first ship-to-ship methanol bunkering operation by a shipbuilding and repair enterprise at a shipyard’s berth, marking a major milestone in the nation’s adoption of alternative marine fuels. The post China’s first ship-to-ship methanol bunkering completed appeared first on Offshore…

  • UNCTAD warns shipping is entering a period of fragile growth and mounting uncertainty

    UNCTAD warns shipping is entering a period of fragile growth and mounting uncertainty Global shipping is entering a period of fragile growth, rising costs and mounting uncertainty, according to The Review of Maritime Transport 2025 released yesterday by UN Trade and Development (UNCTAD). After firm growth last year, seaborne trade is expected to stall in…

  • Don’t let the ships of the future run on deforestation

    Don’t let the ships of the future run on deforestation Anggi Putra Prayoga, forest campaigner at Forest Watch Indonesia, argues that allowing the use of food/feed-based biofuels in shipping at the IMO could have severe negative social and environmental impacts. Indonesia should serve as a stark warning to anyone considering biofuels as a sustainable clean…

  • EPC contract awarded for Galveston LNG Bunker Port development

    EPC contract awarded for Galveston LNG Bunker Port development Galveston LNG Bunker Port (GLBP) has selected NV5 LNG Engineering Services (NV5 LNG) as the engineering, procurement, and construction (EPC) contractor to build the new liquefied natural gas (LNG) terminal. The post EPC contract awarded for Galveston LNG Bunker Port development appeared first on Offshore Energy.…

  • Splash Wrap: Net zero dogfight erupts in London

    Splash Wrap: Net zero dogfight erupts in London The hundreds of events across the British capital that made up London International Shipping Week have served as a sounding board over the past few days for backers and opponents of the International Maritime Organization’s Net Zero Framework, due for a vote next month. The debate dominated…

  • UK to debut an electric shipping route

    UK to debut an electric shipping route NatPower Marine and Peel Ports Group are set to commence installation of shore power at Heysham port this month, with the first plug live in the initial phase and expansion to four across all berths, by 2026. This will enable all Heysham routes within the Irish Sea to…

  • New data clears biofuels for extended deployment

    New data clears biofuels for extended deployment The Global Centre for Maritime Decarbonisation (GCMD) has published results from its six-month Project LOTUS trial, showing that long-term use of biofuels on oceangoing ships can be done safely without hitting performance or costs. Launched with Japan’s Nippon Yusen Kaisha in May 2024, the project put a B24…

  • Shipping off track on 2030 fuel goals

    Shipping off track on 2030 fuel goals The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its kind, Progress towards shipping’s 2030…

  • ABS boss urges ‘timeout’ on IMO climate push

    ABS boss urges ‘timeout’ on IMO climate push With 28 days to go until the vital extraordinary session of the Marine Environment Protection Committee (MEPC) convenes at the London headquarters of the International Maritime Organization (IMO), the battle lines have been drawn sharply.  In a surprise intervention, Christopher Wiernicki, the departing chairman and CEO of…

  • Splash Wrap: From tankers to tech

    Splash Wrap: From tankers to tech Unquestionably, the big news this week came from Singapore, where BW-controlled Hafnia made a move for rival product tanker giant Torm. Hafnia is acquiring a 14.45% holding in its Danish rival from Oaktree Capital Management in a deal worth about $311.4m leading many analysts to speculate whether this is…

  • Caravel and Celsius form LNG bunkering JV

    Caravel and Celsius form LNG bunkering JV The Caravel Group and Celsius Tankers have formed a joint venture to co-own and operate a new fleet of LNG bunkering vessels.  The joint venture has placed a firm order for two 20,000 cu m LNG bunker vessels at China Merchants Industry Holdings and China Merchants Heavy Industry…

  • Danish shipping group USTC pushes back against press attacks

    Danish shipping group USTC pushes back against press attacks United Shipping & Trading Company (USTC), the Danish shipping and logistics group owned by the Østergaard-Nielsen family, has filed a complaint with the Danish Press Council against the daily tabloid Ekstra Bladet, accusing it of breaching press ethics in its reporting on founder Torben Østergaard-Nielsen. The…

  • Japan delivers world’s first commercial ammonia-fuelled engine

    Japan delivers world’s first commercial ammonia-fuelled engine Japan Engine Corporation (J-ENG) has claimed a significant step in shipping’s decarbonisation drive with the completion of the world’s first full-scale commercial ammonia-fuelled engine. The seven-cylinder, 50 cm bore 7UEC50LSJA-HPSCR engine was finalised on August 30, following official test runs at J-ENG’s factory in Akashi under the supervision…

  • Egypt, Japan set sights on green marine fuels and industrial cooperation

    Egypt, Japan set sights on green marine fuels and industrial cooperation The General Authority for the Suez Canal Economic Zone (SCZONE) has held talks with […] The post Egypt, Japan set sights on green marine fuels and industrial cooperation appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Ammonia engine tests show 95% emission cut

    Ammonia engine tests show 95% emission cut Ammonia as a frontrunner in shipping’s fuel of the future stakes is very much back in the headlines with news of a first green ammonia bunkering operation concluded recently in China, and Japanese companies mapping out landmark ammonia bunkering ops in Singapore, the world’s largest bunkering hub, scheduled…

  • FuelEU surplus market gets first index

    FuelEU surplus market gets first index Digital compliance platform BetterSea has launched the first FuelEU Index, offering a benchmark for pricing and trading dynamics in the emerging FuelEU Maritime surplus market. The index is built on executed trades and active listings on the BetterSea platform, which has recorded over 41,700 tonnes of CO equivalent (t…

  • Shipping navigates net-zero waters without US support

    Shipping navigates net-zero waters without US support The US decision to go public on its offensive against the International Maritime Organization’s proposed net-zero framework has created considerable debate within the shipping community.  Various ministers within the Donald Trump administration issued a joint statement this week branding the plan a “global carbon tax on Americans” and…

  • Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done

    Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done Switzerland-headquartered renewable energy producer Axpo has wrapped up what it described as Spain’s first […] The post Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Envision Energy powers the world’s first green ammonia marine bunkering

    Envision Energy powers the world’s first green ammonia marine bunkering Shanghai-headquartered Envision Energy reports that green ammonia fuel produced at its green hydrogen and ammonia plant in Chifeng, China, has successfully powered what it claims as the world’s first green ammonia marine bunkering operation. The milestone event took place at COSCO Shipping Heavy Industry’s terminal…

  • CMA CGM and TotalEnergies set up LNG bunker venture at Europe’s busiest port

    CMA CGM and TotalEnergies set up LNG bunker venture at Europe’s busiest port French liner giant CMA CGM has teamed up with compatriot energy major TotalEnergies to form an LNG bunkering services joint venture at the port of Rotterdam. As part of the 50/50 JV, the two companies will co-own and operate a new 20,000…

  • Itochu orders world’s first ammonia bunkering vessel

    Itochu orders world’s first ammonia bunkering vessel Japanese trading giant Itochu Corporation is set to operate the world’s first ammonia bunkering vessel by September 2027. Itochu, via its Singapore bunkering subsidiary, has signed a shipbuilding contract for the construction of a 5,000 cu m ammonia bunkering vessel with Sasaki Shipbuilding and an agreement regarding the…

  • Splash Wrap: Red Sea attacks lead coverage

    Splash Wrap: Red Sea attacks lead coverage The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their first campaign against merchant shipping of the year, sinking two bulk carriers, killing at least three seafarers, wounding others, and reportedly kidnapping crew. A new…

  • World’s first hybrid solar-powered inland shipping vessel starts work

    World’s first hybrid solar-powered inland shipping vessel starts work Dutch solar innovator Wattlab and German inland shipping giant HGK Shipping have unveiled the world’s first inland vessel capable of using solar power for propulsion. The newly delivered Blue Marlin represents a major step forward in hybrid marine technology, showcasing how solar energy can be integrated…

  • Splash Wrap: Trump leads headlines in a calmer week for shipping

    Splash Wrap: Trump leads headlines in a calmer week for shipping Compared to almost every other week of 2025, from a shipping news/geopolitical point of view this week has been comparatively calm. Nevertheless, the word Trump featured in more Splash headlines than any other word once again. The big news at the start of the…

  • Hong Kong unveils new scheme to boost green marine fuel bunkering

    Hong Kong unveils new scheme to boost green marine fuel bunkering The Marine Department of the Hong Kong Special Administrative Region (HKSAR) has launched an incentive scheme for bunkering of green marine fuels. The post Hong Kong unveils new scheme to boost green marine fuel bunkering appeared first on Offshore Energy. Naida Hakirevic Prevljak Go…

  • BHP signs charters with COSCO for ammonia-powered newcastlemax newbuilds

    BHP signs charters with COSCO for ammonia-powered newcastlemax newbuilds BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia. BHP vice president of maritime and supply…

  • Norway’s Amon Maritime unveils ammonia-powered bulk carrier venture

    Norway’s Amon Maritime unveils ammonia-powered bulk carrier venture Norway’s Amon Maritime has set up a new company to order ammonia-fuelled bulk carriers backed by a state grant. Named Amon Bulk, the new venture will develop two vessel types — a capesize and a kamsarmax — using a NOK253m ($25m) award from energy transition agency Enova.…

  • The week in shipping: Iran dominates the headlines

    The week in shipping: Iran dominates the headlines Starting today, Splash will be bringing readers a weekly wrap to digest the important shipping news of the past few days. This complements Daily Splash, our free newsletter published Monday through Friday, as well as Splash Extra, our monthly digest. Conflict with Iran dominated the headlines in…

  • Pacific Basin signs methanol fuel deal with Towngas

    Pacific Basin signs methanol fuel deal with Towngas Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards. The deal outlines plans for Towngas…

  • Saudi prince launches bunker company

    Saudi prince launches bunker company Abdulaziz bin Turki Al Saud, a Saudi prince, has launched Eleven Energy, a new global bunkering company. Positioned to play a key role in supporting the Kingdom’s international energy ambitions, Eleven Energy will spearhead Saudi Arabia’s entry into the global bunker and marine fuels market, with a focus on innovation,…

  • Singapore’s Proteus teams with Symbio to bring automotive hydrogen fuel cell tech to shipping

    Singapore’s Proteus teams with Symbio to bring automotive hydrogen fuel cell tech to shipping A new hydrogen fuel cell system tailored for maritime applications has been unveiled by Singapore-based Proteus Energy in partnership with French hydrogen fuel cell specialist Symbio. The modular system, known as the Proteus Maritime Fuel Cell Solution, is intended for deployment…

  • Green ammonia is ready to scale – now it’s shipping’s move

    Green ammonia is ready to scale – now it’s shipping’s move As the IMO finalises global mandates for maritime decarbonisation, Alexander Tancock,  CEO of InterContinental Energy (ICE), discusses how the timing for green e-fuels couldn’t be better – and how it is now up to the shipping industry to commit. If we can’t deliver ammonia…

  • UN nuclear chief meets Greek shipping leaders to advance maritime nuclear propulsion

    UN nuclear chief meets Greek shipping leaders to advance maritime nuclear propulsion Rafael Mariano Grossi, director general of the International Atomic Energy Agency (IAEA), met with leading Greek shipowners on Thursday to explore the potential of nuclear-powered commercial vessels. The talks come as the UN agency launches ATLAS — Atomic Technology Licensed for Applications at…

  • Case made for ammonia in the wake of IMO’s Net Zero Framework

    Case made for ammonia in the wake of IMO’s Net Zero Framework A new study from the UCL Energy Institute’s Shipping and Oceans Research Group and UMAS, commissioned by the Global Maritime Forum, concludes that the International Maritime Organization’s recently agreed Net Zero Framework (NZF) sends a strong market signal favouring ammonia dual-fuel ships—particularly from…

  • CPN performs ‘record-breaking’ B24 biofuel bunkering operation

    CPN performs ‘record-breaking’ B24 biofuel bunkering operation Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has achieved a new milestone by completing China’s largest B24 marine biofuel bunkering operation. The post CPN performs ‘record-breaking’ B24 biofuel bunkering operation appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz

  • KPI Ocean Connect names Dorthe Bendtsen CEO

    KPI Ocean Connect names Dorthe Bendtsen CEO London-headquartered KPI Ocean Connect, one of the world’s largest bunker trading companies, has named Dorthe Bendtsen as its CEO, after she assumed the role on an interim basis in December 2024. With nearly 150 employees in 15 offices worldwide, delivering 12 million tonnes of marine fuel to its…

  • World’s largest ECA to stretch from Portugal to Greenland

    World’s largest ECA to stretch from Portugal to Greenland At this week’s Marine Environmental Protection Committee (MEPC) meeting held at the International Maritime Organization (IMO), the world’s biggest emission control area (ECA) has been agreed upon.  The new Northeast Atlantic ECA, due by 2027, stretches along coastlines from Portugal to Greenland (see map below), joining…

  • CMA CGM sues Houston bunker supplier for $5m

    CMA CGM sues Houston bunker supplier for $5m French liner giant CMA CGM is suing GCC Supply & Trading for more than $5m at a court in Texas over an alleged case of contaminated bunkers dating back to 2023. CMA CGM claims 13 of its vessels were damaged when it took on VLSFO fuel at…

  • Depressed bunker sales point toward shakier world trade outlook

    Depressed bunker sales point toward shakier world trade outlook The tide has turned for bunker sales and prices, an indication that global seaborne trade is on shakier ground this year.  “Bunker prices tell the tale of a softening market,” broker BRS noted in a new report.  As of yesterday, 0.5% very low sulphur fuel oil…

  • Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done

    Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done Vopak Horizon Fujairah Limited, a UAE-based subsidiary of Dutch energy storage operator Vopak, recently […] The post Vopak marks ‘inaugural’ biofuel bunkering operation in the UAE as done appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Shipping central to EU’s new Clean Industrial Deal

    Shipping central to EU’s new Clean Industrial Deal The European Union has unveiled its Clean Industrial Deal that will prioritise the domestic production of renewable fuels for aviation and shipping, among a host of measures worth more than EUR100bn ($105m) designed to green many industry sectors. “The EU needs to secure access to such materials…

  • India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port

    India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port India’s Chidambaranar Port Trust, said to be the ‘third largest’ container terminal in the […] The post India’s ‘first’ port decarbonization pilot takes shape at Chidambaranar Port appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard

    SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard Hong Kong-based shipowner and leasing newcomer SeaKapital Holdings has placed an order for up […] The post SeaKapital taps into LNG bunker market with six-unit strong order at Chinese yard appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Unibarge clinches methanol bunker license for ‘key’ European ports

    Unibarge clinches methanol bunker license for ‘key’ European ports Unibarge, a Dutch-Swiss company specializing in inland tanker shipping, has secured a license to […] The post Unibarge clinches methanol bunker license for ‘key’ European ports appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • SeaKapital signs for LNG bunker newbuilds

    SeaKapital signs for LNG bunker newbuilds Hong Kong shipowner and leasing specialist SeaKapital Holdings has embarked on a newbuilding project in the LNG bunkering sector. The company, set up by two of Hong Kong’s well-known shipping names, Sabrina Chao (pictured) and Kenneth Lam, has contracted up to six vessels at Ningbo Xinle Shipbuilding in China.…

  • Cargill and Hafnia launch bunkering joint venture Seascale Energy

    Cargill and Hafnia launch bunkering joint venture Seascale Energy Cargill’s Ocean Transportation business and Singapore-headquartered tanker giant Hafnia, have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine Fuels and Hafnia’s Bunker Alliance. Seascale Energy will initially represent close to 7.5 million tonnes in bunkering volume and has…

  • Cargill, Hafnia set up new bunker company

    Cargill, Hafnia set up new bunker company Cargill Ocean Transportation, part of American agricultural products giant Cargill, and Singapore-based tanker shipping company Hafnia have decided to create Seascale Energy “to accelerate the transformation of marine fuel procurement services”. The post Cargill, Hafnia set up new bunker company appeared first on Offshore Energy. Naida Hakirevic Prevljak…

  • Sirius Shipping links up with Gasum for LNG bunker newbuild

    Sirius Shipping links up with Gasum for LNG bunker newbuild Sweden’s Sirius Shipping has partnered up with Finnish state-owned energy company Gasum for a new bio-LNG bunker vessel.. The 7,800 cu m vessel, jointly owned between the two companies, will be built at RMK Marine yard in Istanbul, Turkey, for delivery into Gasum charter in…

  • Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale

    Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale Brazil’s state-owned oil and gas titan Petrobras has tapped into the Asian bunker market, […] The post Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Evalend tied to HD Hyundai Mipo LNG bunker newbuilds

    Evalend tied to HD Hyundai Mipo LNG bunker newbuilds Greece’s Evalend Shipping has been linked to a newbuilding deal for four LNG bunkering vessels commissioned at the South Korean shipbuilder HD Hyundai Mipo. Multiple shipbroking outfits have named the Kriton Lendoudis-backed diversified owner behind the 18,000 cu m newbuilds booked at the yard in Ulsan…

  • South Korea’s H-Line taps domestic yard for LNG bunker vessel

    South Korea’s H-Line taps domestic yard for LNG bunker vessel South Korean owner H-Line Shipping has ordered an LNG bunkering vessel at domestic yard HJ Shipbuilding & Construction (HJSC). The contract covers an 18,000 cu m unit costing about KRW127bn ($87.6m) with no specified delivery date. H-Line’s fleet predominantly consists of capsize bulkers, but the…

  • HPC secures spot in ‘key’ project for maritime industry’s next decade

    HPC secures spot in ‘key’ project for maritime industry’s next decade Maritime consultancy HPC Hamburg Port Consulting (HPC) has been awarded a contract to manage project coordination and financial oversight for the Baltic Sea Region Programme 2021-2027 funded initiative “H2-Derivatives@BalticSeaPorts” (H2Deri@BSP). The post HPC secures spot in ‘key’ project for maritime industry’s next decade appeared…

  • MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024

    MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024 Sales of alternative bunker fuels exceeded one million tonnes for the first time to reach 1.34 million tonnes in 2024, the Maritime and Port Authority of Singapore (MPA) has revealed. The post MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024 appeared…

  • Global Energy and Towngas team up for methanol bunker supply

    Global Energy and Towngas team up for methanol bunker supply Singapore’s Global Energy Trading, part of Global Energy Group, and The Hong Kong and China Gas Company (Towngas) have signed a memorandum of understanding (MOU) to develop green methanol supply solutions for the shipping industry across Asia. Towngas has a methanol production plant in Ordos,…

  • Shipping readies to navigate new Trump era

    Shipping readies to navigate new Trump era Today marks the end of the Joe Biden administration in the US, one of the most profitable four-year periods for shipping. With the return of Donald Trump to the White House, the shipping industry has many questions about what the future of global trade holds, some of which…

  • TFG Marine forms bunkering joint venture in Oman

    TFG Marine forms bunkering joint venture in Oman TFG Marine, Trafigura’s bunker fuel supply business with John Fredriksen’s Frontline and Golden Ocean Group has established a joint venture with Oman Oil Marketing Company (OOMCO). The TFG-OOMCO jv will supply bunkers to vessels visiting Oman’s ports of Duqm, Muscat and Sohar. The deal follows the signing…

  • Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai

    Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai Danish marine fuels supplier Monjasa is strengthening its LNG bunkering business in the United Arab Emirates by chartering a dedicated floating storage unit. The company, which recently completed UAE’s first LNG bunkering via NYK’s chartered-in 5,000 cu m Green Zeebrugge is now bringing in…

  • Ane Maersk powers up with green methanol in Shanghai

    Ane Maersk powers up with green methanol in Shanghai Shanghai International Port Group’s (SIPG) bunkering ship Hai Gang Zhi Yuan has supplied 3,000 […] The post Ane Maersk powers up with green methanol in Shanghai appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Singfar lines up LNG bunker newbuilds in China

    Singfar lines up LNG bunker newbuilds in China Singfar Group is set to expand its fleet with up to four LNG bunker vessel newbuilds. Newbuilding sources have linked the Singapore-based owner to a deal at CSSC Guangzhou Wenchong Shipbuilding for two 20,000 cu m units, with an option for an additional pair. No price tag…

  • Monjasa makes LNG bunkering move in the UAE

    Monjasa makes LNG bunkering move in the UAE Denmark-based bunker supplier Monjasa has brought in an LNG bunkering vessel on charter for deployment in the UAE. The company’s move into the LNG bunkering space has seen NYK’s 5,000 cu m Green Zeebrugge fixed for an undisclosed period in what Monjasa says was a response to…

  • Getting nuclear for maritime over the hump

    Getting nuclear for maritime over the hump Mikal Boe writes for Splash today on nuclear’s regulatory approval process. It’s 114 years since the first diesel powered ships set out to sea. That big diesel engine changed the world because diesel is more energy dense than what came before. It brought us immense improvements in energy…

  • FuelEU Maritime’s Impact on the specialised market

    FuelEU Maritime’s Impact on the specialised market Sudheer Vijapurapu, managing director of New Asia Shipbrokers and Risto Kariranta, CEO of the Ahti Pool, write for Splash today on January 1’s big new regional regulation hitting shipping. The demand dynamics for specialised products are distinct from those of other shipping sectors. Most causes are shared with…

  • Trading house STX Group buys Marine Olie for biofuels business growth

    Trading house STX Group buys Marine Olie for biofuels business growth Dutch environmental commodity trader STX Group has acquired compatriot trader of waste-based advanced feedstocks Marine Olie for an undisclosed sum. The Amsterdam-based firm said the move would bolster its position in the biofuels value chain and support the company’s aim of becoming a globally…

  • Hapag-Lloyd fixes methanol supplies out of China

    Hapag-Lloyd fixes methanol supplies out of China German liner Hapag-Lloyd has reached an agreement with Beijing-headquartered Goldwind for the delivery of 250,000 tonnes of green methanol per year. The green methanol will consist of a blend of bio- and e-methanol, ensuring greenhouse gas (GHG) emissions reduction of at least 70%, according to Hapag-Lloyd.  “As part…

  • Meta taps into Norden’s biofuel offering 

    Meta taps into Norden’s biofuel offering  Danish shipping giant Norden has sealed a deal with Mark Zuckerberg’s Meta for the use of sustainable fuels in its maritime supply chains. The owner of Facebook, which has set a goal of reaching net-zero emissions across its value chain in 2030, has signed up for the so-called Book…

  • Ship engines develop allergy to cashew nut fuel

    Ship engines develop allergy to cashew nut fuel Shipowners have been told to avoid selecting fuel made from cashew nutshells, a niche fuel that has been found to cause problems in engine rooms.  Bunker fuel tester CTI-Maritec has reported that several ships fuelling up in Singapore and Rotterdam have reported operational problems including fuel sludging,…

  • COSCO seals green methanol pact 

    COSCO seals green methanol pact  COSCO Shipping Group is stepping up its drive in the production of green methanol. China’s state-owned shipping behemoth has signed a memorandum of understanding with Thai conglomerate Charoen Pokphand Group (CP Group) and US trader Freepoint Commodities, described as a major milestone in accelerating the transition to sustainable fuels for…

  • Singapore court hands 17-year jail term to OK Lim 

    Singapore court hands 17-year jail term to OK Lim  Lim Oon Kuin, the founder of the defunct Singapore oil trader Hin Leong, was sentenced to 17-and-a-half years in prison for cheating top creditor HSBC and abetting forgery. The 82-year-old former oil trading and tanker tycoon, better known as OK Lim, faced three out of more…

  • Why nuclear propulsion will be better

    Why nuclear propulsion will be better Andrew Craig-Bennett looks at the hurdles shipping faces in order to embrace what he sees as a vital form of power in the years ahead. Let’s suppose that we were to have nuclear ships, in, say, 10 of 15 years’ time – how could they be owned, operated, managed…