World News

NGOs Call For IMO to Exclude Biofuels from Global Fuel Standard

Although these NGOs mostly oppose crop-based biofuels, the majority of biofuel bunkers supplied to shipping currently are derived from sustainable waste-based feedstocks.

17 Feb 2025

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

Ship & Bunker's G20-VLSFO Index gained $2/mt to $595.50/mt on Friday, having reached its lowest level since January 9 the previous day.

17 Feb 2025

CSC Urges IMO Member States to Align Levy and Fuel Standard with Revised CII

The Clean Shipping Coalition says GHG fuel standard and carbon levy should align with the revised CII.

17 Feb 2025

ICS Sees Growing Support from Member States for Carbon Levy at IMO

The International Chamber of Shipping (ICS) argues that a carbon levy provides the best means of shipping decarbonisation.

17 Feb 2025

Oil Traders Bullish On Trump's Russia/Ukraine Peace Efforts, Hopeful On Tariffs

But Innes warns that peace is still theoretical, preventing any price freefall.

15 Feb 2025

ABS Sees No Net-Zero in Shipping Without Nuclear Power

While nuclear energy has been used in naval vessels, its adoption in commercial shipping has been hindered by regulatory and safety concerns.

14 Feb 2025

Bunker Holding to Be Presented With Potential Acquisition Case Next Week

The firm's executive management team is set to be presented with a potential acquisition case next week, CEO Keld Demant tells Ship & Bunker.

14 Feb 2025

BUNKER JOBS: Maersk Seeks Fuel Traders in Singapore, New York and Copenhagen

The company is planning to hire a fuel trader in Singapore and senior fuel traders in New York and Copenhagen.

14 Feb 2025

Petrobras Makes First B24 Biofuel Sale in Asia

The Brazilian firm and Golden Island supplied a B24 biofuel blend to a vessel in Singapore earlier this month.

14 Feb 2025

IBIA Takes on Alternative Fuels and MFMs in 2025 Training Programme

As the industry looks to future fuels and MFMs, IBIA's task is to follow that development and adapt its training, IBIA's Claudia Beumer tells Ship & Bunker.

14 Feb 2025

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

Ship & Bunker's G20-VLSFO Index lost $8.50/mt to its lowest level since January 9 on Thursday.

14 Feb 2025

Oil Declines On Possible Russia/Ukraine Peace, As Trump's Tariffs Inspire Optimism

Increasingly, analysts realize that the tariff threats are a negotiating tactic.

13 Feb 2025

Weekly Vessel Scrapping Report 2025: Week 6

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 6 – February 12, 2025.

13 Feb 2025

MAN Energy Solutions Clinches LNG Engine Orders from Korean Shipyard

The German engine manufacturer has won orders for four dual-fuel LNG engines from South Korea's Hanwha Ocean.

13 Feb 2025

Nations Controlling 70% of Global Shipping Tonnage Back Fuel Standard and Levy: Report

This strong backing suggests that mid-term measures like the GHG fuel standard and carbon levy could win if put for a vote at IMO.

13 Feb 2025

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

Ship & Bunker's G20-VLSFO Index lost $1/mt to $602/mt on Wednesday, having reached its highest level since February 5 the previous day.

13 Feb 2025

Trump Causes Oil To Revert To Losses As End Of Russia/Ukraine War Is Discussed

But brewing Israel/Hamas hostilities could mean a massive price upswing soon.

13 Feb 2025

IMO Urges Greater Efforts for Domestic Shipping Decarbonisation

A new report from IMO emphasises the need for major investments in zero-emission technologies.

12 Feb 2025

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

Ship & Bunker's G20-VLSFO Index gained $4/mt to its highest level since February 5 on Tuesday.

12 Feb 2025

Suez Canal Authority Expects Normalisation of Traffic From Late March: Report

The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.

11 Feb 2025