World News

March, 2025
Date	Headline	Image
Fri28Mar	Oil Down For The Day But Up For The Week On Trump's Get Tough Policies All eyes are now focused on tariffs coming into effect April 2.
Fri28Mar	ISCC Raises Concern Over Possible EU Suspension of Its Certification ISCC said it is aware that discussions are going on in the EU to suspend its certification recognition for waste-based biofuels.
Fri28Mar	RINA Approves SRC's Methanol Superstorage for Ships The methanol superstorage offers up to 85% larger storage tank capacity compared to conventional tanks.
Fri28Mar	China's Opposition to Carbon Levy Sets Stage for Tense IMO Talks China, South Africa and Brazil are expected to hold firm against a carbon levy at the upcoming series of IMO meetings.
Fri28Mar	BUNKER PRICES: G20-VLSFO Index Advances for Fifth Day Ship & Bunker's G20-VLSFO Index gained $1.50/mt to its highest level since March 5 on Thursday.
Fri28Mar	Dual-Fuel Vessels Must Carefully Manage VLSFO to Avoid Deterioration: Gard Gard says that dual-fuel vessels risk VLSFO degradation if left unused too long, raising operational and legal challenges.
Thu27Mar	INTERCARGO Urges Practical Climate Rules as IMO Talks Enter Crucial Phase The dry bulk group urges IMO members not to overcomplicate mid-term measures.
Thu27Mar	BUNKER PRICES: G20-VLSFO Index Rises to Three-Week High Ship & Bunker's G20-VLSFO Index gained $1/mt to its highest level since March 5 on Wednesday.
Thu27Mar	Wind Power Can Reduce Ship's Bunker Consumption by 12% Annually: Study Seas At Risk urges policymakers to support wind power as a cost-effective solution for reducing emissions.

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23Apr

1IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?

Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
24Apr

2South Korea Encourages Shift to Mass Flow Meters for Bunker Measurement

Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker.
24Apr

3FincoEnergies Expands Maritime Reach with Stake in Dutch Bunker Firm

FincoEnergies has partially acquired the business operations of bunker supplier Oliehandel Klaas de Boer.
24Apr

4VPS: Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?

Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
24Apr

5Minerva Deploys Floating Storage at Jeddah to Boost Red Sea Bunkering

The 113,000 m3 capacity floating storage unit will store VLSFO, HSFO and MGO.
18Apr

6IMO 2028: How Much Will 'Surplus Units' Cost?

Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
24Apr

7Weekly Vessel Scrapping Report 2025: Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 17 – April 23, 2025.
22Apr

8IMO Pushes Ahead with Carbon Capture Framework

Carbon capture's profitability under the IMO 2028 deal will depend upon the system used and how the carbon is disposed of, a Value Maritime representative tells Ship & Bunker.
21Apr

9COSCO Criticises US Port Fees for Distorting Fair Competition

Chinese shipping firm COSCO says US port fees on Chinese vessels threaten the normal functioning of global shipping.
25Apr

10Axpo Expands Spanish LNG Bunkering with First Supply in Algeciras

The firm bunkered an MSC boxship with 5,000 m3 of LNG in Algeciras, the largest Spanish port.

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