FuelTrax has partnered with Topl to use Topl’s Blockchain-as-a-Service (BaaS) platform to meet the demand for greater transparency in energy trading operations.With blockchain integrated into EFMS products, each step in the energy trading process has an equivalent digital step…
As of August 1, 2021, Wilhelmsen will begin to take over sales, logistics and consulting for Klüber Lubrication’s maritime portfolio for its sea going vessels. Initially within European countries and Southeast Asia, followed by the rest of the world from October 2021…
In 2015 Stena Line converted the 240-m Stena Germanica to become the world’s first methanol powered ferry. Fast forward six years and the Swedish ferry company has achieved another world first, powering Stena Germanica with methanol recycled…
The United Nations shipping agency on Thursday adopted a ban on the use of heavy fuel oil in the Arctic region while green groups said the regulations contained loopholes which will allow many vessels to keep sailing without enough regulatory control…
Kongsberg Digital announce it has signed a partnership agreement with BunkerMetric that will see the BunkerPlanner application added to the Kognifai Marketplace.BunkerPlanner by BunkerMetric is a software tool supporting companies in buying bunker…
New rules that entered force at the start of 2020 to reduce sulphur emissions from ships are leading to significant hikes in vessel operational expenditure, members of theshipping industry say.Using low sulphur fuel oil (LSFO) can add as much as $20…
One of the United States' top oil export ports said it plans to build infrastructure for bunkering vessels fueled by liquefied natural gas (LNG).The Port of Corpus Christi Authority said it inked a memorandum of understanding (MOU) with Stabilis…
A new alliance will provide shipowners and operators with real-time price, location and availability data to reveal cost-effective bunker options.i4 Insight, creators of a platform that provides a single point of access for multiple data streams…
As the maritime industry embarks on 'the path to zero', it is widely acknowledged that there is currently not a 'silver bullet' solution, nor is it likely that a solution will emerge from a vaccum. Collaboration is the path forward, and efforts such as MethanQuest offer promise…
Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea…
Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe's largest green ammonia plant in Denmark as part of its ambition to shift to carbon-neutral ship fuel.The project, led by fund management firm Copenhagen Infrastructure Partners (CIP)…
China's exports of clean marine fuels rose in December to a record since shipments began a year ago, taking 2020 exports of the ship fuel to 15.45 million tonnes, customs data showed on January 20, 2021.Chinese oil refineries began exporting…
Drew Marine said it has signed an agreement with ExxonMobil Marine Lubricants to expand the availability of ExxonMobil’s range of high performance lubricants. Drew Marine’s global supply chain will help ensure the availability of Flagship grades…
As shipowners mull the pros and cons associated with new fuels to meet tightening emissions rules, Chevron Marine is finding that some ship owners that switched older engines to very low-sulfur fuel oil (VLSFO) are reporting build-up of red deposits on piston crowns and top edges…
Container shipping giant Mediterranean Shipping Company (MSC) said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss…