World News

May, 2024
Date	Headline	Image
Wed15May	Stena Line Plans Two More Ferry Methanol Retrofits The company is working with classification society Lloyd's Register to retrofit the ro-ro vessels Stena Superfast VII and Stena Superfast VIII to dual-fuel propulsion.
Wed15May	Scan Global and Hapag-Lloyd Sign Multi-Million-Dollar Biofuel Deal The deal sets out plans to integrate biofuels into the two companies' shipping operations.
Wed15May	Bergen Bunkers Wins ISCC Certification for Biofuel Trading The company has been awarded both ISCC EU and ISCC+ certifications as of May 8.
Wed15May	MOL Sees Up to 17% Bunker Savings From Wind-Powered Coal Carrier The system reduced daily fuel consumption by up to 17%, and by 5-8% per voyage on average.
Wed15May	Methanol Institute COO Steps Down Chris Chatterton has announced his departure from the Methanol Institute.
Wed15May	BUNKER PRICES: G20-VLSFO Index Slips for Second Day Ship & Bunker's G20-VLSFO Index fell by $0.50/mt to $639.50/mt on Tuesday, adding to the previous session's $5.50/mt drop.
Wed15May	Hapag-Lloyd Bunker Consumption Gains 12.6% on Year on Red Sea Diversions The company consumed a total of 1.2 million mt of fuel in the first three months of 2024, up by 12.6% from the same period a year earlier.
Tue14May	PROMOTED: Track Commodity Trade Flows Even During Volatile Times Hidden trade flows, unexpected global market events, geopolitics, and regulations can instantly affect trade flows and market fundamentals.
Tue14May	Report Sees Zero-Emission Marine Fuels Creating 4 Million Jobs by 2050 The report sees the jobs emerging in renewable energy generation, hydrogen production and e-fuel production.
Tue14May	StormGeo Teams Up With ClassNK on Marine Emissions Data Under the deal users of StormGeo's s-Insight platform will be able to share their validated emissions data to ClassNK via API.

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16May

1Oilmar Bunker Sales Reach 1 Million Mt/Year

The company is targeting 30-50% growth from this level of traded volumes in 2024, and in Q1 already saw 35% growth from the same period a year earlier, an Oilmar representative tells Ship & Bunker.
16May

2Container Lines Count the Cost of EU-ETS Compliance

The first real data are starting to emerge on the cost paid by the container industry for shipping's inclusion in the European Union's emissions trading system.
16May

3Bunker Holding Launches Carbon Insetting

The firm has completed its first blockchain-enabled carbon insetting operation in partnership with 123Carbon and Bureau Veritas.
16May

4Banle Energy Makes First Bunker Sale in Mauritius

The firm made its first sale in Port Louis -- also its first entry into Africa -- on May 13.
14May

5NTSB All But Rules Out Bad Bunker Fuel as Cause of Dali Collision with Baltimore Bridge

Preliminary report did not draw any final conclusions on what caused the incident, but "test results did not identify any concerns related to the quality of the fuel."
16May

6ISO 8217:2024 - Publication of New Bunker Fuel Specs With VLSFO and Biofuel Grades Is Imminent

The ISO 8217 specifications last had a new full version published in 2017.
17May

7INSIGHT: RFNBOs as a Long-Term Compliance Option

Sooner or later, the shipping industry will need to be using synthetic LNG, synthetic methanol or synthetic ammonia as its primary energy source.
13May

8Monjasa Adds HSFO Capacity in UK in Response to Rising Demand

Rising HSFO demand has prompted Monjasa to dedicate more delivery capacity to it, NWE Trading Director Jeppe Hjort Ebbesen tells Ship & Bunker.
16May

9PROMOTED: Why Bridge is the Right Tool for Today's Bunker Industry

Bridge is designed to unclutter and safeguard the bunker procurement process; it is not designed to replace the intrinsic human aspects that remain at the core of the industry.
13May

10Know Your Counterparty: Brazilian Bunker Supplier Raizen

Raizen is a not only the second largest fuel distributor in Brazil, but have several international operations.

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