The US Federal Open Market Committee (FOMC) has increased its key interest rate by 0.25 percentage points to the range of 3.75-4%, marking the first hike since 2023. Brent has retreated following the ...

Bunker prices in the Europe and Africa region have dropped, while prompt fuel availability is tight off Malta. Changes on the day to 09.00 GMT today: VLSFO prices down in Durban ($29/mt), Gibraltar ...

Classification society American Bureau of Shipping (ABS) has approved the concept design of a 22,000-cbm LNG bunkering vessel developed by Hanwha Power, part of South Korean conglomerate Hanwha Group.

Belgian shipping firm Exmar has taken delivery of a new LPG dual-fuel gas carrier for its French subsidiary, Exmar France. IMAGE: LPG dual-fuel gas carrier, Mottaret. Exmar France The 41,000-cbm ...

US-based startup Demeter Energy plans to build a 100,000 mt/year bio-methanol production plant at the Port of Manatee (SeaPort Manatee) in Florida. SeaPort Manatee is a deepwater port at the entrance ...

Prices across conventional grades in East of Suez ports have moved higher, while bunkering at Zhoushan’s outer anchorages has ...

The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to ...

Green group Transport & Environment (T&E), another signatory, counted 69 e-fuel projects in Europe that could supply the shipping sector, only six of them operational. T&E said allowing this ...

Fuel availability in Hamburg is normal, with five days’ notice recommended for delivery of any grade, a trader told ENGINE.

LNG bunker sales remained broadly stable at 59,000 mt in August. However, cumulative LNG sales for the first eight months of the year reached nearly 436,000 mt, up from 353,000 mt a year earlier.

The front-month ICE Brent contract has inched $0.01/bbl lower on the day, to trade at $107.90/bbl at 09.00 GMT. Brent crude’s price has continued to trade close to $110/bbl as Middle East supply ...

Under the agreement, Navigator Nova and Navigator Prominence will be retrofitted with Everllence’s ethane dual-fuel engines. The conversions will be carried out by COSCO Shipping Heavy Industries ...