World News

BUNKER PRICES: G20-VLSFO Index Rises to One-Week High

Ship & Bunker's G20-VLSFO Index gained $1/mt to its highest level since April 8 on Tuesday.

16 Apr 2025

Oil Maintains Slump As Analysts Weigh Tariff Impacts

However, Trump's modifications to tariffs provided some support.

15 Apr 2025

MEPC 83: INTERCARGO Concerned About Complexity of IMO 2028 Measures

Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO.

15 Apr 2025

IMO 2028 Deal May Unlock Synthetic LNG Investment: SEA-LNG

The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels.

15 Apr 2025

IMO Clears Path for Greater Biofuel Use with New Guidance

The IMO has approved new guidance allowing bunker ships to carry higher biofuel blends, easing regulatory hurdles and supporting wider adoption of marine biofuels.

15 Apr 2025

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Ship & Bunker's G20-VLSFO Index gained $2/mt to $523/mt on Monday, reaching its highest level since April 8.

15 Apr 2025

ABS Grants Design Approval to Tritec Marine's LNG Bunker Vessel

The design features tanks made up of aluminium alloy, which is 30% lighter than traditional tanks.

15 Apr 2025

IMO 2028: How Much Is it Going to Cost?

Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.

15 Apr 2025

Oil Steadies As Gunvor Thinks Reaction To Trump Tariffs Was "Too Aggressive"

However, OPEC still sees demand reduction for this year and next.

14 Apr 2025

IBIA's Edmund Hughes: IMO 2028 Deal Likely to Be Adopted in October

While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative.

14 Apr 2025

VPS: How Fuel System Check Monitoring Will Reduce Risks, Save Time and Money

Steve Bee of VPS discusses how to avoid engine damage from cat fines.

14 Apr 2025

Mining Firm Fortescue to Charter Ammonia-Fuelled Ore Carrier

The firm has signed a deal with CMB.Tech subsidiary Bocimar to charter the 210,000 DWT bulker.

14 Apr 2025

IMO 2028 Deal Sparks Disappointment as Flat Levy Ditched

The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.

14 Apr 2025

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

Ship & Bunker's G20-VLSFO Index gained $3/mt to its highest level since April 8 on Friday.

14 Apr 2025

Oil Incurs Weekly Loss As Tariff Fatigue Stokes Bearish Sentiment

Meanwhile, the EIA lowers 2025's global oil demand estimate.

11 Apr 2025

IMO's MEPC Meeting Votes to Approve Decarbonisation Measure

The policy framework was approved in a plenary vote on Friday, and will be up for adoption at an extraordinary meeting of the MEPC in October.

11 Apr 2025

China Hikes Tariffs on US Goods to 125%, Declares Imports No Longer Viable

The new Chinese tariffs will come into force from Saturday.

11 Apr 2025

INTERVIEW: Monjasa Expects Resilient Profits in 2025 Despite Market Drop

While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker.

11 Apr 2025

IMO Backs Northeast Atlantic ECA, Poised to Be Largest by Area

This will be the largest emission control area (ECA) in terms of geographical size, covering the coastline from Portugal to Greenland.

11 Apr 2025

BUNKER PRICES: G20-VLSFO Index Rises for First in Six Sessions

Ship & Bunker's G20-VLSFO Index gained $3/mt to $518/mt on Thursday, having reached its lowest level since August 2021 the previous day.

11 Apr 2025