The American Bureau of Shipping (ABS) has granted approval in principle for an ammonia-fuelled carrier developed by South Korea's K Shipbuilding & Marine Engineering.

Korean medium-sized shipbuilding company K shipbuilding has successfully developed a medium-sized chemical product carrier powered by ammonia dual fuel, Chosun Biz reports.

Crude trading this week ended with a bang on Friday, with prices rising over 3 percent due to Washington imposing fresh sanctions against Russia for its ongoing hostilities against Ukraine.

Bunkerspot provides news, in-depth analysis, expert comment and price indications for the global marine fuels industry ...

On the 10th, K shipbuilding noted that it received the Approval In Principle (AIP) for the ammonia dual-fuel medium-sized ...