December, 2023
Date Headline Image
Fri08Dec
The company will add an emergency risk surcharge of $50 per 20-foot container and $100 per 40- and 45-foot container to all new shipments to Israel from January 8.
Maersk Adds Emergency Risk Surcharge to Israel Container Shipments
Fri08Dec
Over the longer term, the companies plan to explore the use of other alternative fuels including synthetic LNG, green methanol and green ammonia.
COP28: Pacific International Lines and DP World Plan Biofuel Bunker Collaboration
Fri08Dec
Ship & Bunker's G20-VLSFO Index sank with crude futures to the lowest level since July 27 on Thursday.
BUNKER PRICES: G20-VLSFO Index Drops to Four-Month Low
Thu07Dec
Paul Hardy of brokerage NSI discusses the impact on bunker markets of the Eu-ETS and growth in biofuel supply.
INSIGHT: Are We About to Hit an Alternative Credit Squeeze?
Thu07Dec
Ship & Bunker's G20-VLSFO Index sank to the lowest level since July 31 on Wednesday.
BUNKER PRICES: G20-VLSFO Index Sinks for Fourth Session
Thu07Dec
The firm's September order of eight 9,200 TEU container ships from Shanghai Waigaoquao Shipbuilding will now come with LNG propulsion rather than methanol.
CMA CGM Shifts Boxship Order From Methanol Propulsion to LNG
Wed06Dec
UK Maritime Trade Operations (UK MTO) has reported an incident involving a drone off the western coast of Yemen on Wednesday.
UK MTO Warns of Drone Incident Off Yemen
Wed06Dec
The company has signed a deal with Japan's Tsuneishi Shipbuilding for three methanol main engines for three 81,200 DWT bulkers on order for shipping firm J Lauritzen.
MAN Sees Wave of Methanol-Fuelled Ship Orders
Wed06Dec
GCMD CEO Lynn Loo suggests both a high carbon price and a sharp drop in alternative fuel costs will be needed to spur maritime decarbonisation.
GCMD: We May Need Carbon Price in $300s/MT to Make Alternative Bunkers Attractive
Wed06Dec
Ship & Bunker's G20-VLSFO Index dropped to the lowest level since August 1 on Tuesday.
BUNKER PRICES: G20-VLSFO Index Drops to Four-Month Low