News & Features

March, 2025
Date	Headline	Image
Sat22Mar	Trump Sanctions Against Iran Gain Traction, Oil Headed For Second Weekly Rise Meanwhile, India dependence on crude imports grows.
Fri21Mar	Mitsubishi Wins Order for Three Methanol-Fuelled Vessels from Toyota The three ro-ro vessels will be built in Japan, with deliveries scheduled for 2028.
Fri21Mar	TFG Marine to Operate Methanol Bunker Vessel in Singapore Next Month The bunker delivery vessel can carry methanol, biofuel blends and conventional marine fuels.
Fri21Mar	Vinssen's Fuel Cell System Gets Class Approval Type approval from RINA will help accelerate the development of fuel cell systems for maritime applications.
Fri21Mar	Methane Group MAMII Urges EU to Align FuelEU with IMO Methane Rules The IMO is expected to adopt guidelines for measuring methane slip from engines at the MEPC meeting in April.
Fri21Mar	Peninsula Appoints Head of Business Development in Gibraltar The new head of business development has worked for Peninsula since November 2002.
Fri21Mar	StormGeo Hires Bunker Customer Success Manager in Oslo The new hire previously worked for ZeroNorth from November 2022 to this month.
Fri21Mar	ElbOil Expands Into China With New Office The firm's new representative office in Shanghai will seek to work with customers and suppliers in China and explore new business opportunities.
Fri21Mar	BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Jumps Ship & Bunker's G20-VLSFO Index was little changed at $549/mt on Thursday, having reached its lowest level since September 2021 the previous day.
Fri21Mar	Gasum Expects FuelEU to Drive Bio-LNG Demand in 2025 Gasum's LNG bunker sales volumes rose by 41% in 2024.

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21Mar

1Hafnia to Launch New Digital Bunkering Platform

The platform seeks to collect data already being gathered in one place to give as much visibility as possible on the fuels being bunkered, a Studio 30 50 representative tells Ship & Bunker.
19Mar

2Maersk Sees LNG as Cheapest Fuel Option Under Proposed Standards at IMO

Maersk argues that the proposed GHG fuel standard gives LNG a financial edge over other alternative fuels.
21Mar

3Peninsula Appoints Head of Business Development in Gibraltar

The new head of business development has worked for Peninsula since November 2002.
20Mar

4Bunker Holding Hires Internal Pricing Desk Trader From KPI OceanConnect

The new hire previously worked for Bunker Holding subsidiary KPI OceanConnect in London and Rotterdam.
19Mar

5Cockett Saw Profits Decline in 2024 While Revenues Jumped

Revenues climbed by 25.3% on the year while profits slipped by 31.5% with lower oil prices, according to co-owner Grindrod.
17Mar

6PROMOTED: Xmar Introduces 90-Day Credit Terms to Support SMEs in the Bunker Industry

This move is designed to provide much-needed financial flexibility to small and medium-sized enterprises (SMEs) in the maritime sector, addressing the liquidity challenges that often hinder their operations.
20Mar

7Weekly Vessel Scrapping Report 2025: Week 11

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 13 – March 19, 2025.
21Mar

8ElbOil Expands Into China With New Office

The firm's new representative office in Shanghai will seek to work with customers and suppliers in China and explore new business opportunities.
20Mar

9Hapag-Lloyd Bunker Use Rose 19% in 2024 on Red Sea Diversions

The company bunkered about 195,000 mt of biofuel blends in 2024, down from 213,000 mt in 2023.
19Mar

10PRIO Notes Growing Biofuel Bunker Demand in Portugal

The company delivered B30 biofuel in two separate bunker operations in Portugal.

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