World News

13 New Countries Back Carbon Levy at IMO Meeting

An increasing number of IMO member states are now backing the inclusion of a carbon levy as part of the organisation's mid-term measures to reduce GHG emissions.

21 Feb 2025

Panama's President Orders Withdrawal of VT Group's Bunker Barge Operator Licence

President Jose Raul Mulino has said a decision to extend the licence of VT to 2029 is being cancelled.

21 Feb 2025

Russia, Stock Draw Cause Third Straight Day Of Gains For Oil

But the market is far from bullish, say analysts.

20 Feb 2025

EU New Sanctions to Crack Down on Russia's Shadow Fleet

The EU has agreed on a 16th package of sanctions on Russia, which will target Russia's shadow fleet.

20 Feb 2025

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

Ship & Bunker's G20-VLSFO Index gained $2/mt to its highest level since February 12 on Wednesday.

20 Feb 2025

IMO Moves Forward with Alternative Fuel Training Guidelines for Seafarers

The maritime watchdog has developed interim guidelines for training seafarers working on ships powered by alternative marine fuels and new technologies.

20 Feb 2025

Weekly Vessel Scrapping Report 2025: Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 13 – February 19, 2025.

20 Feb 2025

Oil Ekes Out Minimal Gains As Traders Undecided About Bullish Drivers

Meanwhile, data shows Russia adept at circumnavigating sanctions.

20 Feb 2025

INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms

Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.

19 Feb 2025

BUNKER JOBS: Open Roles in UAE, US, Turkey, Germany and UK

Maritime Recruitment Company Ltd is seeking candidates for open roles in the UAE, US, Turkey, Germany and UK, Vernon Jayanathan tells Ship & Bunker.

19 Feb 2025

CMA CGM Announces New Route Passing Through Red Sea

The move potentially signals a more relaxed attitude to the risk of Houthi attacks after the ceasefire in Gaza.

19 Feb 2025

BUNKER PRICES: G20-VLSFO Index Drops for Second Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $594.50/mt on Tuesday, reaching its lowest level since February 13.

19 Feb 2025

Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping

Skuld says cashew nutshell liquid biofuels can cause serious problems to the vessel's engine components.

19 Feb 2025

MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher

2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.

19 Feb 2025

Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage

Meanwhile, Saudi crude exports drop in September in line with OPEC cuts.

18 Feb 2025

VPS: 2024 Marine Bunker Fuels Review

Steve Bee of VPS Group discusses the developments in marine fuel quality in 2024.

18 Feb 2025

VPS Hires Chief Financial Officer

Netherlands-based Frans van Helden has joined VPS as CFO as of this month.

18 Feb 2025

BUNKER PRICES: G20-VLSFO Index Slips Despite Rise in Crude

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $595/mt on Monday, paring the previous session's $2/mt gain.

18 Feb 2025

Trump-Led Peace Talks, Caspian Drone Strikes Cause Mild Uptick For Oil

Still, analysts are gloomy about impending market conditions.

18 Feb 2025

INTERVIEW: Eitzen launches Christiania Energy in Denmark

Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.

17 Feb 2025