World News

Oil Incurs Sharp Weekly Loss On Trump-Driven Volatility

However, data suggests Canada's oil industry isn't buying his tariff threats.

8 Mar 2025

BUNKER PRICES: G20-VLSFO Index Drops for Fourth Day

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to $555.50/mt on Thursday, reaching its lowest level since September 2021.

7 Mar 2025

LR Sees Rising LNG Retrofit Demand but Warns of Shipyard Capacity Shortage

More shipowners are turning towards LNG retrofit solutions amid concerns of availability of other alternatives marine fuels.

7 Mar 2025

Weekly Vessel Scrapping Report 2025: Week 9

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 27 – March 5, 2025.

6 Mar 2025

Singapore Moves Towards B30 as Default Biofuel Blend

New rules from the MPA may shift Singapore's market to taking B30 as its most popular biofuel blend, local sources tell Ship & Bunker.

6 Mar 2025

Almost 50 Boxships of Hapag-Lloyd Run on Biofuel Blends and Bio-LNG

Out of the 300 container ships in its fleet, up to 50 of them are already using biofuel blends and bio-LNG.

6 Mar 2025

John T Essberger Exercises Contract Option for Two More Methanol-Ready Tankers

This takes the order tally of John T Essberger for chemical tankers to four.

6 Mar 2025

BUNKER PRICES: G20-VLSFO Index Nears Four-Year Low

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

6 Mar 2025

Trump Tariffs, U.S. Stock Build Contribute To Another Plunge In Oil Prices

But one analyst says bearish sentiment is way out of line with fundamentals reality.

6 Mar 2025

CMA CGM Takes Delivery of First Dual-Fuel Methanol Boxship

The vessel will be deployed on CMA CGM's Asia to Middle East route.

5 Mar 2025

BUNKER JOBS: Shipergy Seeks Marine Energy Trader

The role could be based in Shipergy offices in Singapore, Dubai, Athens or London, or alternatively be on a fully-remote basis from any location worldwide.

5 Mar 2025

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

Ship & Bunker's G20-VLSFO Index lost $8.50/mt to its lowest level since August 2021 on Tuesday.

5 Mar 2025

Market Share of World's Largest Bunker Companies Slipped in 2024

Ship & Bunker's Top Ten Bunker Companies for 2025 report shows the sales volumes of the top firms gained 2.2% to about 119.8 million mt last year.

5 Mar 2025

MOL Completes First LNG Bunkering in West North America with Seaspan

MOL became the first Japanese shipping firm to bunker its car carrier with LNG in Western North America.

5 Mar 2025

US Formally Designates Houthi Movement as Terrorist Organisation

The designation is being made over the movement's activities threatening the security of American citizens and personnel in the Middle East, the safety of its regional partners and the stability of global maritime trade.

4 Mar 2025

IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty

Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.

4 Mar 2025

China Hits Back with Up to 15% Tariffs on US Agricultural Imports

The tariffs will take effect on March 10, but will not apply to US goods shipped before March 10 and arriving in China by April 12.

4 Mar 2025

BUNKER PRICES: G20-VLSFO Index Drops to 10-Week Low

Ship & Bunker's G20-VLSFO Index lost $3/mt to $573.50/mt on Monday, reaching its lowest level since December 23.

4 Mar 2025

LR Grants Approval to Corvus Energy's Marine Battery System

The battery system is designed for hybrid-electric and fully electric applications, making it ideal for ferries, yachts and canal boats.

4 Mar 2025

Echandia Wins $20 Million Funding to Scale Up Marine Battery Production

The funding will allow Echandia to increase its production capacity for marine batteries.

4 Mar 2025