World News

BUNKER PRICES: G20-VLSFO Index Advances for First Day in Four

Global VLSFO prices rallied on Friday, but look set to return to multi-year lows on Monday.

5 May 2025

Vard Delivers Hybrid Vessel Ahead of Schedule to Purus

The vessel is equipped with a battery-hybrid propulsion system, enabling it to operate on electric power for selected durations.

5 May 2025

Oil Suffers Monthly Loss as Trump's Tariffs Make Beijing Request Negotiations With U.S.

Meanwhile, OPEC accelerates talks to determine if output rate should increase.

2 May 2025

Australia's Incat Shipyard Launches World's Largest Battery-Powered Ship

It will operate between Buenos Aires and Uruguay for the South American ferry operator Buquebus.

2 May 2025

US Cracks Down on Firms Tied to Suspected Iranian Oil Shipments

The US has sanctioned seven companies and identified two tankers allegedly involved in the transport and trade of Iranian petroleum products.

2 May 2025

BUNKER PRICES: G20-VLSFO Index Drops to Three-Week Low

Ship & Bunker's G20-VLSFO Index lost $5/mt to its lowest level since April 10 on Thursday.

2 May 2025

Weekly Vessel Scrapping Report 2025: Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 24 – April 30, 2025.

2 May 2025

BUNKER PRICES: G20-VLSFO Index Sinks to Two-Week Low

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to its lowest level since April 16 on Wednesday.

1 May 2025

Hy2gen Secures $53 Million Funding for E-Fuels Projects

The funding will help the firm accelerate the development of shipping e-fuel projects.

1 May 2025

Oil Posts Worst Monthly Showing Since 2021 As Saudis Stir Bearish Sentiment

Meanwhile, the U.S. posts troubling economic data.

30 Apr 2025

LNG May Be Cheapest Option for IMO 2028 Compliance: Report

The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs.

30 Apr 2025

Singapore's ONE Bunker Consumption Up 9% on Red Sea Diversions

The firm expects lower profits for 2025 due to tariff concerns.

30 Apr 2025

BUNKER JOBS: Maersk Seeks Senior Fuel Trader in New York

The company is looking for candidates with at least five years of physical oil trading experience, preferably in fuel oil.

30 Apr 2025

Charter Market Could Benefit from Toned-Down USTR Fees

Milder US port fees on Chinese vessels could boost charter demand as carriers adjust fleets.

30 Apr 2025

BUNKER PRICES: G20-VLSFO Index Drops to Two-Week Low

Ship & Bunker's G20-VLSFO Index lost $4.50/mt to its lowest level since April 17 on Tuesday.

30 Apr 2025

FOBAS Bulletin: Chemical Contamination and Operational Problems, Istanbul

FOBAS has tested fuel samples from different vessels that have reported problems with fuel injection equipment seemingly caused by a substance sticking and seizing the jerk type fuel pumps.

29 Apr 2025

US Sanctions Three Vessels Over Alleged Ties to Houthis

The ships are accused of delivering cargo to ports under the control of Yemen's Houthi movement.

29 Apr 2025

BV Refines Classification Rules for Hydrogen-Fuelled Vessels

Bureau Veritas (BV) has updated its hydrogen classification rules with clearer safety and gas dispersion guidance.

29 Apr 2025

BUNKER PRICES: G20-VLSFO Index Rises to Three-Day High

Global VLSFO prices advanced at the start of the week.

29 Apr 2025

Oil Falls As Frustration Mounts Over U.S./China Tariff Talks

Traders are also uncertain about the success of the nuclear talks with Iran.

28 Apr 2025