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Specifications for 0.50% sulphur fuels and the PAS from ISO: IBIA explains

21/09/2019

IBIA has been getting queries from several members about when ISO specifications for fuels meeting the 0.50% sulphur limit will be available. Every time, IBIA has explained that:

1. Existing ISO 8217 specifications will still apply, and;
2. the Publicly Available

Joint development project to design LNG-fuelled VLCC

21/09/2019

Lloyd’s Register (LR) has signed an agreement for a joint development project (JDP) with China Merchants Energy Shipping Co., Ltd. (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry Co., Ltd. (DSIC), and GazTransport and Technigaz SA (GTT) to design

North American acceptance of LNG marine fuel emphasised with latest Wärtsilä LNG Cargo System order

20/09/2019

The technology group Wärtsilä will supply its LNG Cargo Handling System for a new 5400 m3 LNG bunker barge being built in the USA. This latest order further endorses Wärtsilä's leading position in LNG systems for the marine sector, and

South Korean port to slash passenger vessel emissions with ABB shore power

20/09/2019

ABB will install Port of Incheon's first shore-to-ship power solution, enabling passenger vessels to cut emissions, noise and vibrations at berth

ABB has secured the contract covering South Korea's commitment to sustainable shore-to-ship power, after a pilot scheme for passenger ships

Qatar Petroleum and Shell sign agreement to establish global LNG bunkering venture

19/09/2019

Qatar Petroleum and Shell subsidiaries signed a Shareholder Agreement today to establish a company that would provide global LNG bunkering services.

The agreement signed by Qatar Petroleum’s “Wave LNG Solutions” and “Shell Gas & Power Developments B.V.” paves the way for

IEA Says Market Well Supplied

19/09/2019

The International Energy Agency remains in regular contact with authorities in Saudi Arabia and other major producing and consuming countries, as well as industry, following Saturday’s attacks. We welcome the statement made by Saudi Energy Minister Prince Abdulaziz bin Salman

Study Underlines LNG Is The Most Commercially Viable Alternative Fuel For Shipping Today

18/09/2019

SEA\LNG released the findings of a new alternative fuels study today, which finds that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry. The study was conducted by Norway-based alternative fuel experts

Shanghai best-connected container port in the world and Rotterdam at the top of the European league

18/09/2019

Shanghai is the world’s best-connected container port, with Singapore in second place and Ningbo a distant 3rd place in the Port Liner Shipping Connectivity Index (Port LSCI) that has been developed jointly by MDS Transmodal and UNCTAD. The Port LSCI

Cargill and Maersk Tankers join forces in the Medium Range segment

17/09/2019

Cargill and Maersk Tankers announce a strategic partnership that will improve flexibility for customers and reduce fuel consumption and emissions, whilst having a positive impact on time-charter-equivalent earnings for partners. Cargill will enter its MR fleet into the existing Maersk

Oil Price Spike After Saudi Attack Likely Short-Lived

17/09/2019

In an update to clients after the biggest attack on oil infrastructure since the Gulf War, Bjørnar Tonhaugen, head of oil market research at Rystad Energy, made the following remarks:

“The bullish reaction in oil prices will likely be limited by

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