World News

INSIGHT: How to Cope With FuelEU Maritime

Glander International Bunkering discusses how the shipping industry is approaching compliance with the FuelEU Maritime regulation.

14 Jan 2025 · Glander International Bunkering

BUNKER PRICES: G20-VLSFO Index Jumps to 12-Week High

Ship & Bunker's G20-VLSFO Index gained $12/mt to its highest level since October 24 on Monday.

14 Jan 2025

MOL Joins Consortium to Develop Green Shipping Corridor in Europe

MOL has joined a consortium led by energy firm Madoqua aiming to develop a green shipping corridor linking Portugal with northern Europe.

14 Jan 2025

Oil Reaches Four-Month High On Russian Sanctions As Trump Effect Looms

Analysts are now focused on how the next U.S. president will handle foreign affairs.

14 Jan 2025

Carnival to Add Bunker-Saving Air Lubrication Systems to Two More Cruise Ships

Silverstream will install the systems on two LNG-fuelled 180,000 GT cruise ships due for delivery in 2027 and 2028.

13 Jan 2025

EPS Partners With SulNOx to Improve Bunker Fuel Efficiency

SulNOx claims the additive can deliver up to 5% of fuel savings with HSFO and B30 bio blends.

13 Jan 2025

Korean Shipbuilder Receives AiP for Ammonia-Fuelled Carrier

The American Bureau of Shipping (ABS) has granted approval in principle for an ammonia-fuelled carrier developed by South Korea's K Shipbuilding & Marine Engineering.

13 Jan 2025

UK-Led Coalition Calls for IMO Action on Falsely Flagged Ships

The UK and several other countries have proposed to the International Maritime Organization to develop guidelines to prevent fraudulent activities in ship registration.

13 Jan 2025

BUNKER PRICES: G20-VLSFO Index Jumps to Two-Month High

Ship & Bunker's G20-VLSFO Index gained $5/mt to its highest level since November 8 on Friday.

13 Jan 2025

MOL to Charter LNG Carrier to TotalEnergies

Japanese shipping firm Mitsui OSK Lines (MOL) will charter the newly build LNG carrier to TotalEnergies for a multi-year period.

13 Jan 2025

BUNKER JOBS: Maersk Seeks Senior Fuel Trader in New York

The company is looking for candidates with at least five years of physical oil trading experience, and preferably familiarity with biofuels, methanol or LNG.

13 Jan 2025

New Sanction On Russia Cause Crude Prices To Surge By Over 3%

Freezing weather also caused traders to rethink demand.

10 Jan 2025

Neste and Bayer Partner to Develop Biofuel Feedstock in the US

Both companies will collaborate to increase the production of winter canola and explore its utilisation as a feedstock for biofuels.

10 Jan 2025

Over 500 Alternative-Fuelled Vessels Ordered in 2024

LNG newbuild orders accounted for a significant share, taking up about 51% of the alternative-fuelled orderbook in 2024.

10 Jan 2025

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

Ship & Bunker's G20-VLSFO Index lost $1/mt to $591.50/mt on Thursday, having reached reaching its highest level since November 11 the previous day.

10 Jan 2025

Island Petroleum Appoints Chief Commercial Officer

Cyprus-based Elena Christodoulidou has been appointed to the role of chief commercial officer of Island Petroleum as of this month.

10 Jan 2025

Van Oord Receives Methanol-Ready Offshore Installation Vessel

Dutch marine contractor Van Oord has taken delivery of a methanol-ready offshore installation vessel from China.

10 Jan 2025

Container Freight Rates Poised to Drop as US Strike Averted: Report

With strikes at ports along the US East and Gulf Coasts currently called off, ocean container freight rates are anticipated to fall.

10 Jan 2025

"Algorithmic" Traders Cause Gains For Oil As Sentiment Remains Bullish

One expert expects a return to traditional supply/demand trading soon.

9 Jan 2025

Weekly Vessel Scrapping Report 2025: Week 1

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 2 2025 – January 8, 2025.

9 Jan 2025