World News

Oil Posts Rare Weekly Gain As Fears Switch From Global Glut To Worldwide Tightness

Meanwhile, analysts disagree radically on demand outlook moving ahead.

14 Dec 2024

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

Ship & Bunker's G20-VLSFO Index gained $3.50/mt to $574.50/mt on Thursday, reaching the highest level since December 5.

13 Dec 2024

Oil Flat As IEA Anticipates 2025 Surplus, Despite OPEC Cut Extensions

Meanwhile, Canada's oil giants will ramp up production in 2025.

12 Dec 2024

MSC Orders 10 More LNG-Powered Megamax Boxships: Report

If the latest reports are confirmed it would push MSCs orderbook over the 2 million TEU mark.

12 Dec 2024

CEO at Rotor Sail Firm Anemoi Steps Down, CFO Named as new CEO

Clare Urmston joined Anemoi in March 2020 and since April served as the company's Chief Financial & Operating Officer.

12 Dec 2024

Weekly Vessel Scrapping Report 2024: Week 49

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 5 – December 11, 2024.

12 Dec 2024

Last Chance for This Year's IBIA Board Nominations

IBIA is holding an election for two board seats to replace members whose term ends in March 2025.

12 Dec 2024

Oil Rises As Tight Supply Resulting From New Russian Sanctions Is Anticipated

Traders remain unfazed by separate bearish signals.

11 Dec 2024

BUNKER PRICES: G20-VLSFO Index Drops for Fourth Day

Ship & Bunker's G20-VLSFO Index lost $2.50/mt to the lowest level since September 2021 on Tuesday.

11 Dec 2024

VPS Works With GCMD on Sustainable Biofuel Tracing

The two organisations have published a paper on rapid forensic analysis of FAME-based biofuels.

11 Dec 2024

ANALYSIS: Bunker Price Outlook for 2025

Bunker prices will be lower in 2025, but overall costs will rise for those operating within European waters, according to the latest analysis by Ship & Bunker.

11 Dec 2024

PROMOTED: Moeve Stands Up For The Energy Transition In Maritime Transport With HVO 100

HVO 100 is a second-generation biofuel that can reduce CO₂ emissions by up to 90% compared to traditional fuels. That's why we encourage production to accelerate the energy transition.

11 Dec 2024 · Moeve

Oil Rises On Optimism For China - Despite Demand Possibly Peaking Next Year

Meanwhile, the EIA pivots from surplus to deficit predictions.

10 Dec 2024

Beyond Fuels and Technology: The Human Element in Maritime Decarbonisation

Dr Edmund Hughes, director of Green Marine Associates Ltd, discusses the increasingly complex regulatory environment for maritime decarbonisation.

10 Dec 2024 · Dr Edmund Hughes, Director, Green Marine Associates Ltd

Syrian Port Comes Under Fire: Report

Air defence installations, military storage facilities at port of Latakia targeted by Israel.

10 Dec 2024

BUNKER PRICES: G20-VLSFO Index Slips for Third Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to the lowest level since September 2021 on Monday.

10 Dec 2024

Oil Up On Syria Turmoil, China Bracing For Trump Takeover

But trading remains stubbornly rangebound despite bullish flags.

9 Dec 2024

Resorts World Cruises Drafts StormGeo for Bunker Planning

The two companies have launched a strategic collaboration.

9 Dec 2024

BUNKER JOBS: Silverstream Seeks Business Development Director in London

The company is looking for candidates with an engineering degree and experience in business development and sales in the maritime sector.

9 Dec 2024

Fuel Terminal in Ireland Comes Under new Management

Teeside's Px Group is to takeover the running of the Atlantic Fuel Supply Company's plant at Foynes on the Irish west coast.

9 Dec 2024