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Economics

Singapore September bunker sales steady at 4.26 M tons

Singapore's marine fuel sales, also known as bunker sales, were steady in September month-on-month as vessel calls and container throughput were little changed.

Russia-China oil and gas cooperation in focus as Putin visits Xi

Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.

BASF started up expanded ethylene oxide and derivatives complex at its Verbund site in Antwerp

In line with its customer-focused corporate strategy, BASF has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium.

Maersk and Hyundai Heavy Industries launch first of 12 methanol powered container ships

The first in a new series of 12 methanol-enabled container ships achieved its launching and undocking milestone.

Damen wins class and flag states approval in principle for future methanol-fueled workboats

Starting in the summer of 2022 and working closely from the outset with classification society Bureau Veritas, Damen has developed and gained approval in principle for designs of methanol-powered compact vessels.

The Methanol Institute welcomes Royal Caribbean Group

The Methanol Institute is pleased to welcome Royal Caribbean Group as our newest member with their recent announcement that the 5th ship ordered in their Celebrity Cruises’ Edge-series will be powered by Wärtsilä 46 methanol-capable engines.

FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation

FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.

GE Aerospace fuels expert: SAF is here to stay

Review various roadmaps for the aviation industry to reach a target of net zero CO2 emissions by 2050, and you’ll find one thing in common: SAF is a linchpin for getting there.

Boeing, NASA, United Airlines to test SAF benefits with air-to-air flights

In a collaboration to strengthen sustainability in aviation, Boeing is partnering with NASA and United Airlines for in-flight testing to measure how SAF affects contrails and non-carbon emissions, in addition to reducing the fuel's life cycle climate impact.

European airlines say sustainable fuel targets may mean higher fares, consolidation

European airline chiefs said the industry needs to make more money and may consolidate further to pay for sustainability targets, a trend likely to lead to higher fares for passengers on top of rising demand for air travel.

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