Aegean Marine Petroleum Network Inc. announced that its plan of reorganization became effective and it has emerged from the voluntary Chapter 11 restructuring commenced on November 6, 2018. The company will now operate as Minerva Bunkering, a leading global physical

20|20 Marine Energy and BunkerMetric announced that leading chemical tanker company, MOL Nordic Tankers A/S has extended its trial of the BunkerPlanner marine fuel analysis tool to its whole global fleet. This follows a successful pilot test conducted on five

The 2018 Annual Report shows 17% increase in sales volume reaching 4.1m tonnes of marine fuels and a positive net result of USD 5m. Coupled with the entry of new banking partners and closer relations with oil majors, the Monjasa

In 2018, Baleària carried 4,320,000 passengers (+11%) and 1,209,000 vehicles (17%) on its 23 routes with a total of 1,109,000 on its five international routes. “The foreign market now accounts for 22% of the Baleària group's overall figures,” explained its

Interest in gas as a marine fuel is on the rise in the shipping industry. DNV GL's most recent forecast predicts that by 2050 over 20 per cent of total shipping energy will be provided by LNG. In the shorter

Genoil Inc., the publicly traded clean technology engineering company for the energy industry, announced yesterday that it's Hydroconversion Upgrader (GHU®) has received an independent third-party witness from Lloyd's Register (LR) regarding the outcome of the demonstration of the desulphurisation process

VLCC
It was another bad week for owners, who saw rates continue to slide, with Unipec fixing 270,000mt at WS 46 to China, down 13 point. Going West, rates for 280,000mt to the US Gulf were assessed 1.5 points lower

LR has released a new airborne noise emission notation (ABN) and ShipRight procedure to meet increasing demand for a standard and methodology to control airborne noise emissions from ships.

The new notation defines a set of limit levels for airborne noise

With a planned effective date of January 1, 2020, the International Maritime Organization's (IMO) new regulations (IMO 2020) limit the sulfur content in marine fuels that ocean-going vessels use to 0.5% by weight, a reduction from the previous limit of

Genoil Inc., the publicly traded clean technology engineering company for the energy industry, announced today that it's Hydroconversion Upgrader (GHU®) has received an independent third-party witness from Lloyd's Register (LR) regarding the outcome of the demonstration of the desulphurisation process