Archive News

October, 2024
Date	Headline	Image
Thu31Oct	Iran Vow To Strike Israel From Iraq "Jolts" Crude Prices Meanwhile, the U.S. elections continue to influence oil trading.
Thu31Oct	Weekly Vessel Scrapping Report 2024: Week 43 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 24 – October 30, 2024.
Thu31Oct	Turkey's Largest Container Terminal Adds Shore Power Facility The container ship MSC Oscar was the first to use the new shore power connection at the Asyaport terminal.
Thu31Oct	Shell Reports Expectations-Beating $6 Billion Profit in Q3 The firm saw adjusted earnings of $6.028 billion in Q3, down from $6.293 billion the previous quarter and from $6.224 billion a year earlier.
Thu31Oct	Ireland Mulls Joining Proposed Northeast Atlantic ECA The plan would be to establish an ECA around Greenland, Iceland, the Faroe Islands, Ireland and the west coasts of the UK, France, Spain and Portugal.
Thu31Oct	New Panama LNG Bunker Supplier Seeks to Gauge Demand Ahead of March 2025 Launch Panam LNG Bunkering has invited shipping firms to submit expressions of interest in LNG bunkering in Panama ahead of the launch of supply there in March 2025.
Thu31Oct	Ammonia Risks Are 'Major Safety Deterrents': Rio Tinto The timing remains uncertain for when the company will charter its first ammonia-fuelled ship.
Thu31Oct	BUNKER JOBS: Uni-Fuels Seeks Senior Bunker Trader in Singapore The company is looking for candidates with experience as a bunker trader and a performance-driven track record.
Thu31Oct	Trafigura Warns of Potential $1.1 Billion Loss From 'Serious Misconduct' in Mongolian Unit Individuals in the Mongolian business allegedly manipulated data and documents, resulting in inflated sums being paid by Trafigura, and deliberately concealed overdue receivables.
Thu31Oct	Bureau Veritas Sees Lack of Regulatory Clarity for Wind-Assisted Propulsion The firm has published a white paper on wind propulsion technologies, setting out how the systems work, the regulatory landscape, advantages and disadvantages and means of optimisation.
Thu31Oct	San Francisco Bay Ferry to Launch Zero-Emission Battery-Powered Service The organisation will launch a battery-electric service from the Harbor Bay Ferry Terminal in Alameda.
Thu31Oct	Global Fuel Supply Hires New Group CFO The new hire has been CFO of Henriks Consulting Group in Denmark since October 2022.
Thu31Oct	BUNKER PRICES: G20-VLSFO Index Jumps for First in Four Sessions Ship & Bunker's G20-VLSFO Index gained $5/mt to $589.50/mt on Wednesday, having reached the lowest level since June 2023 the previous day.
Thu31Oct	Monjasa Expands US Gulf Physical Supply Footprint The firm has chartered an additional tanker in the region, using it to set up supply in the offshore US Gulf market.
Thu31Oct	INTERVIEW: Will Regulation, Not Bunker Savings, Drive the Uptake of Digital Bunkering Platforms? Ship & Bunker talks to Julie Louise Nielsen, Global Head of Bunker Sales at StormGeo.
Wed30Oct	Oil Ekes Out Modest Gains, But U.S. Election Could "Whipsaw" Prices OPEC has also become a focus for jittery traders.
Wed30Oct	Only 3% of Global Ports Equipped for Shore Power The news comes at a time when many ports are looking to reduce emissions as part of wider efforts to decarbonize the maritime industry.
Wed30Oct	SINGAPORE: MPA Unveils Raft fo New Incentives for Uptake of Low and Zero Carbon Bunker Fuels, Tech New incentives effective for a period of two years from January 1, 2025 until December 31, 2027.
Wed30Oct	Klaveness Combination Carriers To Install its First Wind Assisted Propulsion System Two eSAIL suction wings from bound4blue to be installed on newbuilding set for delivery in Q3 2026.
Wed30Oct	South Korea Plans to Position Itself as World Leader for Eco-Bunker Fuels Comments follow news it has successfully conducted its first simultaneous operations (SIMOPs) of ship-to-ship methanol bunkering at Busan New Port.