ExxonMobil has developed a new addition to its MobilGard cylinder oil range that is specifically formulated for use with both 0.1% and 0.5% sulphur fuels as well as LNG.

LNG for fuel lobby group SEA\LNG is planning a direct response to the Climate Bonds Initiative (CBI following its move to exclude LNG-related shipping initiatives from accessing green bond finance.

Bibby Marine Services has provided further details of its WaveMaster Zero C R&D project which has just been awarded funding from the MarRI-UK collaborative initiative between British industry and academia.

Japan has launched the country’s first LNG bunkering vessel at the Sakaide Works of Kawasaki Heavy Industries.

NATO Support & Procurement Agency has awarded Crowley Solutions, a provider of energy, maritime, technology and supply chain services for the US government, a multi-year contract for global fuels services consulting.

With oil market volatility at an all-time high, even exceeding the volatility of equity markets, supply and demand shocks have sent bunker prices collapsing at the fastest rate since the 2008 global financial crisis.

At least 20 container line sailings between Asia -Europe/US East Coast have diverted to going via the Cape of Good Hope rather than the Suez Canal, according to analyst Alphaliner.

Marine fuel prices have dropped significantly this week with the low sulphur grade nearing below $200 per metric tonne (pmt), narrowing its price differential with the high sulphur grade.

The Singapore authorities have sought to reassure businesses that there is “no serious impact” on the bunkering and oil trading sectors from the bankruptcy filing of major local player Hin Leong Trading.

The world’s largest ship refuelling hub – Singapore – has given to new bunker supplier licenses as volumes rise in the first quarter despite the COVID-19 pandemic.