November, 2023
Date Headline Image
Prices for two benchmarks are down considerably since September.
Oil On Track For Monthly Loss As Hostages Are Returned And OPEC Nears Compromise
The firm has signed a deal to acquire the Nautilus Labs technology platform.
Danelec Moves Into Vessel Optimisation With Nautilus Labs Platform Acquisition
The pumping system can deliver between 400-450 litres per minute, cutting bunkering time for a superyacht down to four hours from eight hours previously.
Yacht Bunker Supply Operation Launched at Barcelona's Marina Port Vell
The new hire was previously a bunker trader for Sougyo Marine Pte Ltd in Singapore from December 2021 to September of this year.
Engine X Hires Bunker Trader in Singapore
The service can reduce emissions by up to 15% by optimising ocean passage to eliminate the 'sail fast, then wait' problem that leaves vessels consuming bunkers while waiting unnecessarily at ports.
Blue Visby Ocean Passage Optimisation Solution Wins ClassNK Approval
The onboard trial of the systems will run for about six months from January 2024, and each of the two systems can save up to 5% in bunker consumption.
Singapore's ONE Tries Out Containerised Wind Propulsion Technology
The new hire had previously worked for Praxis Energy Agents from January 2011 to this month.
ElbOil Hires Senior Bunker Trader in Middle East
The system is expected to save the vessel about 8% in its bunker consumption and GHG emissions.
New Oil Tanker in China Takes on Rotor Sails
Ship & Bunker's G20-VLSFO Index lost $3.50/mt to $670/mt on Thursday, reaching the lowest level since November 20.
BUNKER PRICES: G20-VLSFO Index Slips for Second Day
Bearish sentiment was also stoked by mixed report on euro zone business activity.
Oil Extends Losses Despite Suggestion That OPEC Angst Is Overdone