World News

Weekly Vessel Scrapping Report 2024: Week 50

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 12 – December 18, 2024.

19 Dec 2024

WinGD Runs Methanol-Fuelled X-DF-M Engine at Full Load for First Time

The engine will be installed on the fourth of a series of 16,000 TEU container vessels being built for COSCO Shipping Lines.

19 Dec 2024

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

Ship & Bunker's G20-VLSFO Index lost $1.50/mt to $575.50/mt on Wednesday, reaching its lowest level since December 13.

19 Dec 2024

ICS Appoints New Secretary General

The ICS board has appointed Thomas A Kazakos to take over from Guy Platten as secretary general in June 2025.

19 Dec 2024

Oil Muted On Fed Cuts As Fitch Predicts Crude At $70 Per Barrel For 2025

Meanwhile, futures are headed for the narrowest annual price range since 2019.

19 Dec 2024

Orion Bunkers Mark 20th Anniversary as Physical Supplier

The company is known for its physical supply in the Pakistan bunkering market.

18 Dec 2024

VPS Hires Americas Managing Director

Laino was previously global head of environmental solutions at BGC Group in New York.

18 Dec 2024

Anemoi Completes Largest Wind-Assisted Propulsion Project to Date

The firm has completed the installation of five 35m rotor sails on board the very large ore carrier Sohar Max.

18 Dec 2024

NYK Strikes Carbon Offset Deal for Bunker Fuel

Energy firm ENEOS will buy credits from a US plant that starts operating next year.

18 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 Tuesday, having reached the highest level since December 5 the previous day.

18 Dec 2024

More Bullish Signs Ignored as China-Obsessed Traders Cause More Losses For Oil

Solid economic numbers from the U.S., Europe, fail to impress.

17 Dec 2024

FuelEU Maritime - Is It Too Late to Act?

Ossi Mettälä, product manager at NAPA Shipping Solutions, discusses the upcoming FuelEU Maritime regulation and how the shipping industry can respond.

17 Dec 2024 · Ossi Mettälä, product manager, NAPA Shipping Solutions

Wartsila to Equip Vitol LNG Bunker Vessel With its Systems Technology

Ship is being built at a Chinese shipyard.

17 Dec 2024

Vitol Takes Commanding Stake in Danish Tech Firm

That can produce oil products from waste plastic.

17 Dec 2024

BUNKER JOBS: DFDS Seeks Decarbonisation Project Manager in Denmark

The company is looking for candidates with at least three years of project management experience, as well as professional experience in shipping or logistics.

17 Dec 2024

BUNKER PRICES: G20-VLSFO Index Jumps to Near Two-Week High

Ship & Bunker's G20-VLSFO Index gained $2/mt to $577.50/mt on Monday, reaching the highest level since December 5.

17 Dec 2024

Oil Reverses Course Yet Again On Troubling China Consumer Spending

Last week's key bullish drivers failed to dent the investment gloom.

16 Dec 2024

Metis Joins Forces With Nereus Digital Bunkers on Marine Fuel Digitalisation

The two companies plan to integrate their services to help shipping firms optimise their bunkering processes.

16 Dec 2024

Matson Completes Third Boxship Retrofit to LNG Propulsion

The 3,220 TEU Kaimana Hila is now back in service following its LNG retrofit and the installation of a bunker-saving bow windshield.

16 Dec 2024

BUNKER PRICES: G20-VLSFO Index Climbs for Third Session

Ship & Bunker's G20-VLSFO Index gained $1/mt to $575.50/mt on Friday, reaching the highest level since December 5.

16 Dec 2024