World News

OPEC's Ramp-Up Rattles Market As Analysts Brace For Tariffs Tuesday

Still, bullish signs - including one from China - persist.

4 Mar 2025

LNG Leads Alt-Vessel Orderbook in February with 33 New Orders: DNV

Of the 34 alternative-fuelled vessels ordered in February, 33 were LNG-capable.

3 Mar 2025

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

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $576.50/mt on Friday, having reached its lowest level since December 25 the previous day.

3 Mar 2025

Norwegian Firm Halts Bunker Supply to US Navy Over Ukraine Policy

Aure-based Haltbakk Bunkers will no longer provide fuel to US forces in Norway.

2 Mar 2025

Trump Spat With Ukraine Contributes To Worst Monthly Oil Losses Since September

However, some analysts think the peace deal collapse could benefit Russian oil.

1 Mar 2025

Lauritzen Bulkers CEO Steps Down After Six Months in Role

Martin Egvang is stepping down as Lauritzen Bulkers CEO with immediate effect.

28 Feb 2025

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

Ship & Bunker's G20-VLSFO Index lost $6/mt to $576/mt on Thursday, reaching its lowest level since December 25.

28 Feb 2025

Biofuel Quality Issues Largely Tied to Fuel Oil Content, Not Bio Component: LR

Lloyd's Register discusses the quality performance of biofuel bunker blends seen so far.

28 Feb 2025

Modec Join Forces with Samsung for FPSO Onboard Carbon Capture

The duo seeks to install onboard carbon capture system on a FPSO vessel.

28 Feb 2025

US Bunker Prices Expected to Rise as Trump Indicates Delayed Tariffs on Canada, Mexico to Go Ahead

Scheduled to enter effect on March 4, US refiners will either need to pay the tariffs or replace Canadian and Mexican crude with alternative product.

28 Feb 2025

China May Challenge US Proposed Vessel Fees at WTO

The US has proposed service fees of up to $1.5 million on vessels of Chinese origin calling at US ports.

28 Feb 2025

Trump Again Sways Oil Trading, Crude Rises Over 2% On Chevron's Venezuela Ouster

But the Russia/Ukraine peace talks continue to cap gains.

27 Feb 2025

Weekly Vessel Scrapping Report 2025: Week 8

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 20 – February 26, 2025.

27 Feb 2025

US Ports Face 'Major Congestion and Delays' if Fees Imposed on Chinese Vessel Calls

The Trump Administration has announced a plan to impose a $1 million fee for every US port visit by a Chinese-operated vessel.

27 Feb 2025

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

Ship & Bunker's G20-VLSFO Index lost $5.50/mt to $582/mt on Wednesday, reaching its lowest level since January 1.

27 Feb 2025

Shell Predicts LNG Bunker Demand to Reach 16 Million Mt/Year by 2030

Shell projects LNG bunker demand to reach 16 million mt by the decade's end, with container ships accounting for a significant share of the growth.

27 Feb 2025

"Knee Jerk" Response To Stock Build Causes More Losses For Crude, Demand Increase Ignored

Meanwhile, analysts anticipate imminent peace between Russia and Ukraine.

27 Feb 2025

Alternative Marine Fuels: Are We There Yet?

Attendees at Argus Media's Future Fuels forum doubt maritime's ability to reach net-zero by 2050, but the market is taking shape nevertheless.

26 Feb 2025

Buyers Alliance ZEMBA Issues Tender to Procure E-Fuels

ZEMBA, made up of global companies such as online giant Amazon, has issued a tender to procure e-fuels for its shipping needs.

26 Feb 2025

WinGD Methanol Engine to Power Large Boxship

WinGD has delivered a dual-fuel methanol engine to a shipyard for installation on a 16,000 TEU container ship.

26 Feb 2025