World News

BUNKER JOBS: Bunker Traders and Leaders Wanted

A range of senior and junior roles are on offer despite recent difficulties in the market, Vernon Jayanathan tells Ship & Bunker.

14 May 2025

Trump and Strong Jobs Report Bring Another Round of Crude Gains

Deals signed with Saudis, possible deal with Iran soothed geopolitical tensions.

13 May 2025

Vitol and Grindrod Agree to 'Orderly Wind-Down' of Bunker Trader Cockett

The firm will no longer take on new business after more than 45 years in bunkering.

13 May 2025

BUNKER JOBS: BitOil Seeks Senior Bunker Trader in Cyprus

The ideal candidate will have a minimum of three years' experience in bunker sales, preferably with an existing portfolio of clients and suppliers.

13 May 2025

Cavotec Wins Shore Power Order Worth $9 Million from Container Firm

The firm will supply power systems for a new container vessel.

13 May 2025

BUNKER PRICES: G20-VLSFO Index Climbs to Five-Week High

Global VLSFO prices jumped at the start of the week.

13 May 2025

US-China Tariff Truce May Trigger Early Peak for Container Market

The 90-day easing of US-China tariffs will bring relief to businesses, but also short-term pressure on freight rates and longer-term uncertainty.

13 May 2025

US/China Deal Buoys Oil, But Market Still Mired In Bearish Sentiment

S&P predicts a major decline in U.S. crude production for 2026.

12 May 2025

Monjasa Reevaluates UAE LNG Bunkering on 'Unfavourable Market'

Monjasa's UAE LNG operation, launched at the start of 2025, is being reevaluated until more favourable market conditions emerge.

12 May 2025

Crude Futures Surge as US and China Cut Tariffs for 90 Days

The US will cut its tariffs on Chinese goods to 30% from 145% previously and China will cut its levies on US goods to 10% from 125% for the next 90 days.

12 May 2025

BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High

Global VLSFO prices jumped last week.

12 May 2025

Oil Achieves 4% Weekly Gain On Hope Of U.S./China Breakthrough

Even a slight thaw would be beneficial to demand, says experts.

9 May 2025

Berge Bulk Installs Carbon Capture System on Vessel

The carbon capture system was installed on a 63,000-dwt vessel by Value Maritime.

9 May 2025

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Global VLSFO prices have been rising for most of this week.

9 May 2025

Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta

Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.

9 May 2025

Flip-Flop Crude Prices Gain 3% on US/China Talks Enthusiasm

Meanwhile, global refiners report solid Q1 showings despite bearish market.

8 May 2025

Weekly Vessel Scrapping Report 2025: Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 1 – May 8, 2025.

8 May 2025

CMA CGM Keen to Make Full Return to Suez Canal Transits

Executives from CMA CGM and the Suez Canal Authority held talks this week to explore a full return to Suez Canal transits.

8 May 2025

Maersk Bunker Consumption Drops to Lowest Since Q4 2024

This drop came before much of the current trade uncertainty driven by volatile US trade policy, meaning further declines are likely in Q2's figures.

8 May 2025

GCMD and ADB Partner to Tackle Emissions Through Green Finance

This marked GCMD's first partnership with a multilateral development bank.

8 May 2025