World News

COSCO and MAN See Potential to Retrofit up to 4,500 Ships to Alternative Fuels

COSCO and MAN team up to retrofit ships to run on alternative marine fuels.

11 Apr 2025

Rally Over Trump's Tariff Pause Ends As Crude Resumes Downward Plummet

But one lone analytical body insists cheap oil is a demand driver.

10 Apr 2025

Weekly Vessel Scrapping Report 2025: Week 14

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 3 – April 9, 2025.

10 Apr 2025

VPS: How Proactive Chemical Screening of Marine Fuel Can Save Thousands of Dollars

Steve Bee of VPS discusses the use of advanced testing methods to avoid fuel quality problems.

10 Apr 2025

BUNKER PRICES: G20-VLSFO Index Drops Further

Ship & Bunker's G20-VLSFO Index lost $9/mt to $515/mt on Wednesday, reaching its lowest level since August 2021.

10 Apr 2025

Oil Leaps Upward on Changes in Trump's Tariff Strategy

But analysts warn that this will harm demand anyway.

9 Apr 2025

US Skips IMO's MEPC 83 Meeting and Warns Against GHG Deal

A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'.

9 Apr 2025

Bureau Veritas Grants Approval to Hydrogen-Powered Vessel of LDA

The vessel aims for zero emissions during 95% of its operational time.

9 Apr 2025

China Raises Tariffs on US Imports to 84%

The rate will be increased to 84% from 34% previously as of the start of April 10.

9 Apr 2025

Brent Crude Futures Drop Below $60/Bl for First Time in Four Years

Front-month Brent futures last traded below $60/bl in February 2021.

9 Apr 2025

Monjasa 2024 Profits Slide But Remain Third-Largest in Firm's History

The company saw a net profit of $65 million in 2024, down from $109 million in 2023, while bunker volumes climbed to 6.8 million mt from 6.5 million mt a year earlier,

9 Apr 2025

BUNKER PRICES: G20-VLSFO Index Extends Downward Slide

Ship & Bunker's G20-VLSFO Index lost $6/mt to its lowest level since August 2021 on Tuesday.

9 Apr 2025

Oil Briefly Recovers As Energy Experts Reconsider Trump's Tariff Impact

But Russia doesn't share emerging positive sentiment from Canada.

8 Apr 2025

US Proceeds With Additional 50% Tariff on Imports From China

The new tariff rate goes into effect as of the start of April 9.

8 Apr 2025

LDC Ship Fitted with Bound4blue Sails to Cut Fuel Use by 10%

Bound4blue says the suction sails were installed within four days on the vessel.

8 Apr 2025

BUNKER PRICES: G20-VLSFO Index Drops to Lowest Since August 2021

Ship & Bunker's G20-VLSFO Index lost $18.50/mt to $530/mt on Monday, reaching its lowest level since August 2021.

8 Apr 2025

Pacific Nations Refuse to Drop Carbon Levy Demand at IMO

As pressure mounts at MEPC 83, Pacific nations are resisting compromise on a carbon levy, calling out diluted proposals and demanding measures grounded in science and climate justice.

8 Apr 2025

VPS: Turning Shipping's Regulatory Demands Into Operational and Commercial Advantages

Steve Bee and Emilian Buksak of VPS discuss how the shipping industry should approach the energy transition.

8 Apr 2025

Trump Tariff Tumult Causes More Oil Price Losses, With No End In Sight

Bank of America worries of oil demand plummeting by half this year.

8 Apr 2025

President Trump Threatens 50% Additional Tariff on Chinese Imports

A much higher tariff rate on imports from China is threatened to enter effect on April 9.

7 Apr 2025