Marine Bunker
ABB launches AMXE Marine Motor to enhance vessel efficiency
ABB has launched the AMXE Marine Motor, a next-generation electric propulsion solution engineered to withstand the tough conditions at sea, including continuous exposure to corrosive saltwater and powerful ocean currents.
Moeve signs its largest marine biofuel supply agreement with Armas Trasmediterránea
Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 t to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026.
Mitsubishi Gas Chemical, Mitsui O.S.K. Lines receive delivery of dual-fuel methanol carrier from HD Hyundai Mipo
Mitsubishi Gas Chemical Co. Inc. (MGC) has announced that a dual-fuel methanol carrier chartered from Mitsui O.S.K. Lines Ltd. (MOL) on a long-term basis was delivered at the HD Hyundai Mipo shipyard on May 30.
ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0): Providing new information on cost simulations reflecting approval at MEPC 83
This report provides updated information on cost simulations reflecting the IMO’s mid-term GHG reduction measures approved at the 83rd session of the Marine Environment Protection Committee (MEPC 83) held in April 2025.
New Mediterranean IMO fuel rule helps bring more Doba crude to Europe
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulfur fuel oil (ULSFO) with a maximum sulfur content of 0.1%.
Hazer and KBR enter global deal to accelerate licensing and commercialization
Hazer Group Ltd. has entered into a binding alliance agreement with Kellogg Brown and Root LLC, a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.
First Japanese-developed and manufactured ammonia-fueled, two-stroke engine for maritime industry
Japan Engine Corp. (J-ENG) is developing a large, low-speed, ammonia-fueled, two-stroke engine under the “Green Innovation Fund Project: Next-generation Ship Development” of the New Energy and Industrial Technology Development Organization (NEDO).
UN shipping agency strikes deal on fuel emissions, CO2 fees
Countries at the U.N. shipping agency struck a deal on a global fuel emissions standard for the maritime sector that will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.
Fortescue, CMB.TECH sign agreement for ammonia-powered ore carrier
CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasizes the commitment of both companies to decarbonize the shipping industry.
Russia's Novatek plans condensate processing complex in Murmansk
Russian energy company Novatek plans to build a complex in Murmansk to process and ship stable gas condensate.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
