World News

Back To Bear Territory For Oil As Analysts Disagree On 2025 Market Trajectory

Trump still viewed as a catalyst for a bullish market moving forward.

7 Jan 2025

Berge Bulk and BHP Use 100% Biofuel in Trial Iron Ore Voyage

The firms used a B100 biodiesel product on boards the 206,300 DWT bulker's voyage moving iron ore from Australia to China last month.

6 Jan 2025

FEATURE: Increasing Complexity in 2025 to Favour Largest Bunker Firms

Regulations, sanctions and geopolitics, credit concerns and digitalisation will bring headaches to the bunker industry in 2025, with the largest firms best able to cope with them.

6 Jan 2025

BUNKER PRICES: G20-VLSFO Index Rises for Second Day

Ship & Bunker's G20-VLSFO Index gained $4.50/mt to its highest level since November 26 on Friday.

6 Jan 2025

Oil Extends Gains As Parts of Europe, U.S. Enter Deep Freeze

Meanwhile, the Trump presidency bodes well for oil investment.

3 Jan 2025

50% of Tonnage Ordered in 2024 Can Run on Alternative Fuels

The company noted 820 new vessel orders totalling 62.2 million GT capable of running on alternative fuels last year.

3 Jan 2025

Baseblue Hires Trader in Cyprus

The new hire was previously head of sales at Merideo Ltd in Cyprus.

3 Jan 2025

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

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $582.50/mt on Thursday, reaching its highest level since November 26.

3 Jan 2025

Pakistani Bunker Supplier MJM Energy Launches Petrocore Energy in UAE

Petrocore Energy LLC-FZ provides physical bunker fuel supply services at Pakistan's major ports, Karachi and Bin Qasim, as well as back-to-back trading at the UAE's major ports.

3 Jan 2025

Cautious Optimism Informs Oil Trading In First Session of 2025, Prices Up

Meanwhile, a swelling of U.S. stocks will likely soon be corrected, says Flynn.

2 Jan 2025

Weekly Vessel Scrapping Report 2024: Week 52

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 26 2024 – January 1, 2025.

2 Jan 2025

Singfar Group Orders Up to Four LNG Bunker Vessels: Report

The company has ordered two 20,000 m3 LNG bunker vessels from CSSC Guangzhou Wenchong Shipbuilding, with the option for two more.

2 Jan 2025

BUNKER PRICES: G20-VLSFO Holds Steady at One-Month High

Ship & Bunker's G20-VLSFO Index was little changed at $582/mt on Wednesday, having reached its highest level since November 26 the previous day.

2 Jan 2025

LNG Bunkers Dominate as Over 7% of Global Tonnage Now Dual-Fuel Capable

84% of today's alternatively fuelled tonnage is LNG dual-fuel, comprising 1,248 ships with a total capacity of 102.93 million GT.

1 Jan 2025

Annual Average Bunker Price at Key Hubs Mostly Flat in 2024

For 2024 key benchmark G20-VLSFO slipped just $12/mt, or 1%, to average $626/mt for the year compared to an average price of $638/mt in 2023.

1 Jan 2025

EU ETS Added $90/mt to EU Bunker Costs in 2024

But the final cost of EU ETS compliance for individual companies in 2024 may not be known until the end of September 2025.

1 Jan 2025

More Owners Mulling LNG-Powered Megamax Boxships: Report

LNG. File Image. Image Credit: Ship & Bunker

1 Jan 2025

Oil Ends 2024 On Second Annual Loss As Uncertainly Greets The New Year

Still, some experts believe chronic bearishness has been oversold.

31 Dec 2024

Evergreen Takes Delivery of Latest Scrubber-Fitted 15,000 TEU Boxship

Samsung Heavy Industries delivered the 15,372 TEU Ever Most last week.

31 Dec 2024

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

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to $578.50/mt on Monday, reaching its highest level since December 5.

31 Dec 2024