World News

IMO Pushes Ahead with Carbon Capture Framework
IMO 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.
22 Apr 2025
BUNKER PRICES: G20-VLSFO Index Drops for First Session in Three as Crude Declines
BUNKER PRICES: G20-VLSFO Index Drops for First Session in Three as Crude Declines
Ship & Bunker's G20-VLSFO Index dropped with crude futures on Monday.
22 Apr 2025
Possible Iran/U.S. Nuclear Deal Causes A 2% Drop In Oil
Possible Iran/U.S. Nuclear Deal Causes A 2% Drop In Oil
Meanwhile, Donald Trump continues to dominate a bearish market.
21 Apr 2025
515 Alt-Fuel Ships and Counting: Is the Bunker Industry Ready?
515 Alt-Fuel Ships and Counting: Is the Bunker Industry Ready?
Glander International Bunkering discusses the bunker industry's readiness for the energy transition.
21 Apr 2025 · Glander International Bunkering
Houthi Capabilities Hit as Iran Pulls Navy from Red Sea: Reports
Houthi Capabilities Hit as Iran Pulls Navy from Red Sea: Reports
The move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region.
21 Apr 2025
WSC Urges Constructive Alternatives to USTR's Port Fee Plan
WSC Urges Constructive Alternatives to USTR's Port Fee Plan
World Shipping Council (WSC) says port fees on Chinese vessels could undermine US trade interests.
21 Apr 2025
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $6/mt to $529.50/mt on Friday, reaching its highest level since April 7.
21 Apr 2025
IMO 2028: How Much Will 'Surplus Units' Cost?
IMO 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.
18 Apr 2025
New LNG Carrier Joins QatarEnergy's Fleet
New LNG Carrier Joins QatarEnergy's Fleet
The LNG carrier features dual-fuel LNG engines from WinGD.
18 Apr 2025
US Softens Port Fee Stance on Chinese Vessels Amid Industry Pressure
US Softens Port Fee Stance on Chinese Vessels Amid Industry Pressure
The initial 180-day grace period grants temporary reprieve before charges begin in October.
18 Apr 2025
BUNKER PRICES: G20-VLSFO Index Rises With Crude
BUNKER PRICES: G20-VLSFO Index Rises With Crude
Ship & Bunker's G20-VLSFO Index gained $2.50/mt to $523.50/mt on Thursday, paring the previous day's $3/mt decline.
18 Apr 2025
Weekly Vessel Scrapping Report 2025: Week 15
Weekly Vessel Scrapping Report 2025: Week 15
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 10 – April 16, 2025.
17 Apr 2025
Banle Group Posts $3.87 Million Loss in 2024 as Expansion Squeezes Margins
Banle Group Posts $3.87 Million Loss in 2024 as Expansion Squeezes Margins
The company recorded a 600% increase in biofuel bunker sales in 2024.
17 Apr 2025
Dry Bulk Ship Orders Down 26% as Economic Uncertainty Looms
Dry Bulk Ship Orders Down 26% as Economic Uncertainty Looms
A combination of factors is driving the slowdown, including elevated newbuild prices, the cost premium for dual-fuel vessels, and lingering questions over future fuel technologies and regulations.
17 Apr 2025
BUNKER PRICES: G20-VLSFO Index Slips for First in Five Sessions
BUNKER PRICES: G20-VLSFO Index Slips for First in Five Sessions
Ship & Bunker's G20-VLSFO Index lost $3/mt to $521/mt on Wednesday, having reached its highest level since April 8 the previous day.
17 Apr 2025
CMA CGM's New LNG Boxship Equipped with 18,600 m3 Fuel Tanks
CMA CGM's New LNG Boxship Equipped with 18,600 m3 Fuel Tanks
The vessel is equipped with dual-fuel engines from WinGD.
17 Apr 2025
Crude Climbs To Two-Week High On New Trump Sanctions Of Iranian Oil
Crude Climbs To Two-Week High On New Trump Sanctions Of Iranian Oil
The sanctions precede a second round of Washington/Tehran nuclear negotiations.
16 Apr 2025
VPS: A New Legislative Measure for the Decarbonisation of Shipping
VPS: A New Legislative Measure for the Decarbonisation of Shipping
Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal.
16 Apr 2025 · Steve Bee – VPS Group Marketing & Strategic Projects Director & Emilian Buksak – VPS Decarbonisation Advisor
INSIGHT: FuelEU Maritime Means Shipowners Cannot Afford to Wait on Alternative Fuels
INSIGHT: FuelEU Maritime Means Shipowners Cannot Afford to Wait on Alternative Fuels
Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
16 Apr 2025 · Maria Angeles Lopez, Decarbonisation Manager, Peninsula
LR-Led Coalition Plans Nuclear Ships for Remote Areas
LR-Led Coalition Plans Nuclear Ships for Remote Areas
These nuclear-powered ships will be capable of operating for 8-10 years without refuelling.
16 Apr 2025