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MOL unveils LNG carrier equipped with wind-assisted propulsion

Japanese shipping firm Mitsui O.S.K. Lines (MOL) has launched its wind-assisted propulsion system (WAPS)-equipped LNG carrier at Hanwha Ocean’s Geoje Shipyard in South Korea. The 174,000-cbm LNG ...
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First truck-to-ship LNG bunkering completed in Tenerife

Spanish supplier ESK physically delivered the LNG to the ferry, Mercedes Pinto, using two tanker trucks at Anaga Dock. This was the first LNG bunkering operation conducted by trucks in Tenerife, the ...
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EIA reports another draw in US crude oil stocks

Brent crude’s price has felt some upward pressure following the release of the US Energy Information Administration’s (EIA) weekly oil inventory report. Commercial US crude oil inventories decreased ...
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Singapore fuel oil stocks rise despite sharp decline in net imports

Singapore’s fuel oil inventories have risen above 20 million bbls, despite a 30% decline in net fuel oil imports so far this month. Fuel oil imports have fallen by 1.67 million bbls, while exports ...
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The Week in Alt Fuels: Can December deliver a breakthrough?

ISWG-GHG 23 meets on 23-27 November, followed by MEPC 85 on 30 November-3 December. If member states find enough common ground, or decide to put to a vote one of the amendment proposals already ...
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Singapore prices surge across all grades for third straight day

Singapore price changes on the day to 12.00 SGT (04.00 GMT) today: ...
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East of Suez Market Update 10 Sep

Prices in East of Suez ports have risen, and availability is tight for all grades across several Japanese ports. IMAGE: ...
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Americas Market Update 10 Sep

Brent crude’s price is trading above the $100/bbl mark for the first time in two months, as the global oil market continues to price in persistent geopolitical risk, with tensions between the US and ...
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Qatar accedes to MARPOL Annex VI

Qatar has acceded to MARPOL Annex VI, a move that will bind the Gulf state to global shipping emissions rules and give it ...
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Burando Energies completes first physical bunker delivery in Norway

The operation marks Burando Energies’ first physical bunker supply in Norway. The supplier will offer MGO, HVO and HVO/gasoil ...
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LNG bunker vessel fleet needs to more than double by 2030 - DNV

The global LNG bunker vessel fleet needs to expand to 165-208 vessels by 2030, up from roughly 70 vessels currently in operation, according to a new white paper from DNV. With only around 32 vessels ...
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Fujairah fuel oil inventories hit highest level since March

Changes in monthly average Fujairah stocks from August to September (so far): Heavy distillate and residual stocks up 1.70 million bbls to 5.63 million bbls Fujairah’s combined heavy distillate and ...