World News

Sea Crown Marine Services Appoints Bunker Trader in Dubai

Vinayak Kharmale has been appointed to the role of bunker trader for Sea Crown in Dubai as of this month.

31 Dec 2024

BUNKER JOBS: FLEX Commodities Seeks Junior Trader in Dubai

The company is looking for candidates with one to two years of bunker trading experience and preferably fluent Arabic or Mandarin.

31 Dec 2024

Traders Bet On Winter Freeze To Boost Demand, But Oil Prices Remain Flat

Meanwhile, analysts continue to discuss the Trump effect.

31 Dec 2024

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

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $577/mt on Friday, having reached its highest level since December 16 the previous session.

30 Dec 2024

Terpel's Eugenia Benavides Retires

Benavides first joined Terpel in August 1984, and has been a mainstay of bunker-industry events around the world as well as repeatedly being elected to serve on industry body IBIA's board.

30 Dec 2024

OPINION: It's Time to Solve Port Pollution

The marine industry's energy transition is not all about greenhouse gas emissions like carbon dioxide, says Dr. Andreas Bodén, CTO, PowerCell Group.

30 Dec 2024 · Dr. Andreas Bodén, CTO, PowerCell Group

Singapore: Oil Leak at Shell's Pulau Bokon Plant Stopped

However, Shell is still trying to locate the source of the leak.

30 Dec 2024

Oil Set For Yearly Loss Despite Late Resurgence Of Geopolitical Concerns

Israel and Russia are back on the radar of jittery oil traders.

27 Dec 2024

China's Multi Billion Dollar Stimulus Fails To Impress, Oil Prices Rudderless

Meanwhile, India's oil demand growth exceeds China's for the first time.

26 Dec 2024

Weekly Vessel Scrapping Report 2024: Week 51

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 19 – December 25, 2024.

26 Dec 2024

New LNG-Fuelled CMA CGM Boxship Makes Maiden Call

The 8,000 TEU CMA CGM Petra has made its maiden call and entered service.

24 Dec 2024

BUNKER PRICES: G20-VLSFO Index Advances for First in Five Days

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to $573.50/mt on Monday, having reached its lowest level since December 11 the previous session.

24 Dec 2024

More Forecasts For 2025 Surplus Cause More Declines In Crude Prices

But troubled Syria is in the midst of a supply squeeze.

24 Dec 2024

Bunker Holding Notes Increased Sales Volumes in 'Difficult But Interesting' 2024

The firm has increased its bunker volumes in 2024, according to CEO Keld Demant.

23 Dec 2024

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

Ship & Bunker's G20-VLSFO Index lost $2.50/mt to $572/mt on Friday, reaching its lowest level since December 11.

23 Dec 2024

MARKET SURVEY: Q3 Bunker Hub Demand Jumps by 4.7% on Year With Red Sea Diversions

2024's total is heading for a 3.4% gain from 2023 and the highest level since 2019, according to the latest market survey from Ship & Bunker and 2050 Marine Energy.

23 Dec 2024

Oil Drop 2.5% For The Week As Fed, China Worries Grow

But analysts differ on China's true demand outlook.

20 Dec 2024

MSC's Soren Toft Appointed New Chair of World Shipping Council

MSC CEO Soren Toft has been appointed as the new chair, starting a two-year term immediately.

20 Dec 2024

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

Ship & Bunker's G20-VLSFO Index lost $1/mt to $574.50/mt on Thursday, reaching its lowest level since December 12.

20 Dec 2024

Oil Continues To Sink On Chance Of Fed Freezing Cuts In 2025

But recent reports suggest the market is more resilient than investors may think.

19 Dec 2024