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ThyssenKrupp Develops New Lithium-Ion Batteries for Submarines

Oct 23, 2018

The providers of naval vessels, surface ships and submarines ThyssenKrupp Marine Systems of Germany has developed a new type of lithium-ion battery system for submarines together with Saft, a manufacturer of advanced battery systems for industry…

Arkas Bunkering, Sumitomo Corporation in LNG Bunkering Deal

Oct 21, 2018

Arkas Bunkering have signed a protocol with Japan-based Sumitomo Corporation for the use of liquefied natural gas (LNG) as bunker fuel in Turkish and nearby seas. As environmentally-friendly buildings, vessels and fuels have become more popular than ever…

Trident Alliance calls for Adoption of Non-Compliant Fuel Carriage Ban

Oct 09, 2018

Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations in the interest of the environment, called for adoption without delay of IMO carriage ban for fuel with sulphur content over 0.5%, as a…

Singapore Funds Green Marine Fuel Program

Oct 03, 2018

Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative marine fuels such as biofuels and methanol. Senior Minister of State…

ExxonMobil Readies IMO 2020 Compliant Fuel

Oct 03, 2018

ExxonMobil said that all its International Maritime Organization (IMO) compliant 0.5% sulfur bunker fuels developed to date are residual grades.The oil giant  has also announced specification details and confirmed that the formulations are all compatible with each other…

How Refiners Plan to Grapple With Fuel Oil Output After 2020

Oct 01, 2018

High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing its use in the global shipping fleet, a Reuters survey showed…

dena Launches Global Alliance Power Fuels

Sep 26, 2018

The Deutsche Energie-Agentur (dena) – the German Energy Agency – and partners from industry have launched the Global Alliance Power Fuels. The aim of this international alliance is to open up global markets for synthetic fuels based on renewable energy sources…

MSC to Introduce Global Fuel Surcharge

Sep 24, 2018

Improving the environmental performance of the container shipping supply chain is a common goal shared by shipping lines, shippers, freight forwarders and non-vessel operating common carriers, as well as governments, regulators, and the public around the world…

Eidesvik Offshore, Wärtsilä Norway and DNV GL Celebrate FellowSHIP

Aug 03, 2018

Project partners Eidesvik Offshore, Wärtsilä Norway and DNV GL have announced the closure of the FellowSHIP research project. The cooperation has explored the use of battery, hybrid and fuel cell technology in the maritime industry for over 15 years…

ABB to Equip High-spec Vessel for Largest Offshore Wind Farm

May 30, 2018

ABB technology allowing integration of batteries receives major vote of confidence as Louis Dreyfus Armateurs orders second wind farm service vessel featuring a wide scope of ABB’s solutions.Maritime transportation group Louis Dreyfus Armateurs…

Zero Emission Ships: Comparing Fuel Choices

May 16, 2018

There's a new report out from the Sustainable Shipping Initiative (SSI) -- authorted by Lloyds Register (LR) and University Maritime Advisory Services (UMAS) -- that examines different fuel options and costs as increasingly the world's oceangoing fleet is pushed toward decarbonization…

Singapore's Bunker Market Rallies

Apr 25, 2018

The Singapore fuel oil market has rallied this week as inventories have dropped at the same time that some supplies in the region do not meet the standards for use as shipping fuel, further reducing the amount of supply available, five trade sources said…

Britain: Biofuel Targets Will Reduce Diesel Reliance

Apr 13, 2018

British biofuel targets coming into force this weekend will double the use of renewable fuels in the UK transport sector in 15 years and reduce reliance on imported diesel, the government said on Friday. The new targets, which take effect on April 15…

S.Korea Fuel Oil Imports Soar

Mar 14, 2018

South Korea's move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utilities burn the dirty feedstock to meet power demand…

Sweden to Invest $18 million in Northvolt Battery Plant

Feb 05, 2018

Sweden will invest 146 million crowns ($18 million) in a multibillion-euro project to build Europe's biggest battery cell plant in the north of the country, its Energy Agency said on Monday. Swedish company Northvolt, whose CEO Peter Carlsson used to work for Tesla…

Current News

ConocoPhillips Misses Quarterly Profit Estimates

ConocoPhillips Misses Quarterly Profit Estimates

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Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

Russia Shipping Oil to North Korea Above UN Mandated Levels

Russia Shipping Oil to North Korea Above UN Mandated Levels

Yinson Completes $1.3B Financing for Agogo FPSO

Yinson Completes $1.3B Financing for Agogo FPSO

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

BP Suspends Production at Azerbaijani Platform for Maintenance Works

BP Suspends Production at Azerbaijani Platform for Maintenance Works

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