World News

Methane Slip is Growing Decarbonisation Threat for Shipping: VPS

VPS Decarbonisation Advisor Emilian Buksak discusses the methane slip issue in relation to using LNG as an alternative marine fuel.

26 Feb 2025 · Emilian Buksak, VPS Decarbonisation Advisor

Bulker Fleet Facing Speed Decline Amid Ageing Tonnage

Veson Nautical says a two-tier market has emerged with older slower vessels, and newer vessels steaming faster.

26 Feb 2025

BUNKER JOBS: Minerva Seeks Bunker Operator in Canary Islands

The company is looking for candidates with at least two years of relevant industry experience and an understanding of technical shipping and maritime terminology.

26 Feb 2025

Norsepower Partners with Syroco to Enhance Wind Propulsion in Shipping

The two companies aim to optimise wind-assisted propulsion system performance by integrating rotor sail technology with advanced digital solutions.

26 Feb 2025

BUNKER PRICES: G20-VLSFO Index Drops for Third Day

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to $587.50/mt on Tuesday, reaching its lowest level since January 7.

26 Feb 2025

Oil Plummets As Tariff Concerns - And Pessimism - Suddenly Surge

But the fears seem triggered largely by sentiment, not numbers.

25 Feb 2025

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

Ship & Bunker's G20-VLSFO Index lost $5/mt to its lowest level since January 7 on Monday.

25 Feb 2025

IBIA Chairman Hails 10% Increase in Membership

The industry body has seen growth in both the size of its membership and the diversity of the market participants it represents, Chairman Constantinos Capetanakis said at its annual dinner on Monday.

25 Feb 2025

Copenhagen Infrastructure Partners Develops Ammonia Bunkering Manual

The manual provides a framework to ensure safe and efficient ammonia bunkering operations.

25 Feb 2025

Oil Up On Fresh Iranian Sanctions, But Market Trajectory Too "Foggy" To Predict

Growing prospects for Russia/Ukraine peace are keeping prices rangebound.

25 Feb 2025

Asmira's Mustafa Aslan, Reseaworld's Valeria Sessa Elected to IBIA Board

Nine candidates stood for the two seats, which come with a three-year term.

24 Feb 2025

ICS Flags Lack of Clarity on GHG Fuel Standard at IMO

The ICS warns that IMO member states remain at odds over the proposed GHG fuel standard, leaving key details hanging in the balance.

24 Feb 2025

BUNKER PRICES: G20-VLSFO Index Slips for First in Three Sessions

Ship & Bunker's G20-VLSFO Index lost $2/mt to $596/mt on Friday, having reached its highest level since February 12 the previous day.

24 Feb 2025

World Kinect Bunker Sales Volumes Drop to Lowest in at Least Ten Years

The firm saw bunker volumes of 16.6 million mt last year, down by 1.5% on the year and the lowest annual total since public data begins in 2015.

24 Feb 2025

Hawks Group Saw 550,000 Mt of Bunker Sales in 2024

The company is now consolidating its back-to-back bunker and cargo trading under the name The Hawks DMCC.

24 Feb 2025

Tony Odak Leaves Stone Oil to Head up Marine Operations for Sunoco

"I know it was the right fit moving forward with this team and organization, as we grow out the marine fuel business," he tells Ship & Bunker.

24 Feb 2025

New Singapore-Based Fintech 129Knots Seeks to Improve Credit Access for Marine Industry

The new firm, 129Knots, has been launched with a $10 million investment led by bunker firm Sing Fuels and a $500 million deal pipeline, co-founder Mahesh Kumar tells Ship & Bunker.

24 Feb 2025

Israel Vowing Revenge Against Hamas Ignored By Traders, Oil Sheds $2

Debatable Russian/Ukraine peace progress also contribute to "risk-off" tone.

21 Feb 2025

Green Marine Sets Out Need for More Training on Methanol Bunkers

The firm is hosting a training session on methanol bunkering in Rotterdam next month in partnership with IBIA and Vopak.

21 Feb 2025

BUNKER PRICES: G20-VLSFO Index Rises for Second Day

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to $598/mt on Thursday, reaching its highest level since February 12.

21 Feb 2025