World News

China Refinery Reductions Contribute To A 5% Weekly Loss For Oil

Analysts also fear the Fed won't cut rates in December.

15 Nov 2024

Hapag-Lloyd Bunker Consumption Jumps by 17.5% in First Nine Months of 2024

The firm's January-September bunker consumption totaled 3.5 million mt, up from 3 million mt a year earlier.

15 Nov 2024

One Month Left to Apply for IBIA Board Election

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

15 Nov 2024

COSCO Ammonia-Fuelled Gas Carrier Design Wins Classification Society Approvals

The development of the 50,000 m3 dual-fuelled ammonia/LPG carrier design means the company now has involvement in LNG, methanol and ammonia as alternative bunker fuels.

15 Nov 2024

Lloyd's Register Highlights Changes to IMO Fuel Oil Sampling Guidelines

The IMO updated the guidelines for compliance verification with MARPOL Annex VI and SOLAS Chapter II-2 in July.

15 Nov 2024

BUNKER PRICES: G20-VLSFO Index Slips to 17-Month Low

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $1/mt to $584/mt on Thursday, reaching the lowest level since June 2023.

15 Nov 2024

Bunker Holding Signs COP29 Call to Action on Zero-Emission Fuels

The company is committing to supporting investments in infrastructure for green hydrogen-derived fuels and to establishing safe bunkering protocols and community readiness.

15 Nov 2024

Crude Flat On Speculation That China's Oil Demand May Have Peaked

The IEA says China's post-Covid pent-up demand now complete.

14 Nov 2024

Weekly Vessel Scrapping Report 2024: Week 45

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 7 – November 13, 2024.

14 Nov 2024

Alfa Laval to Help Develop Europe's Largest Biofuel Facility

The facility is set to produce 500,000 mt/year of sustainable aviation fuel and renewable diesel.

14 Nov 2024

INTERVIEW: Opsealog Sees Potential for 10-12% Bunker Consumption Cuts in Offshore Segment

A trial of the company's services delivered 45-50 mtCO2e reduction per vessel per month to a maritime services firm earlier this year, Opsealog's Arnaud Dianoux tells Ship & Bunker.

14 Nov 2024

Ammonia Bunker Market May Take 8-10 Years to Develop: Star Bulk

The firm is a supporter of the alternative fuel, but believes several key areas will need to be developed for it to become widely used, Star Bulk COO Nicos Rescos tells Ship & Bunker.

14 Nov 2024

Evergreen Mulls Order of 11 Methanol-Fuelled Megamax Boxships: Report

The company has reached out to six shipbuilding firms to make offers for the order.

14 Nov 2024

New LNG-Fuelled Wallenius Marine Ship Prepares for Maiden Voyage

The 6,500 car equivalent unit Way Forward has arrived at the Port of Emden for its maiden voyage.

14 Nov 2024

Banking Group NatWest Bans WhatsApp for Business Use

The concern is that WhatsApp and other services can be used for conversations without the normal scrutiny that would cover conversations over work email or similar monitored services.

14 Nov 2024

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

Ship & Bunker's G20-VLSFO Index lost $3/mt to the lowest level since October 29 on Wednesday.

14 Nov 2024

Oil Rangebound Despite Stock Draw And Iran Bracing For Trump Presidency

A strong U.S. dollar capped gains on Wednesday.

13 Nov 2024

Korean Players, Liberian Registry to Develop Ship-to-Ship Ammonia Bunkering Guidelines

Ammonia currently lacks relevant guidelines, highlighting the urgent need for the partnership's research, the group says.

13 Nov 2024

Fairfield Chemical Carriers Takes Deliver of Third LNG-Fuelled Ship

The company took delivery of the 26,000 DWT LNG dual-fuel vessel Fairchem Prestige on November 12.

13 Nov 2024

Shipping Lagging Behind on Decarbonisation Goals: Report

UCL/UMAS study tracks rising GHG emissions and slowing carbon intensity reductions in international shipping between 2018 to 2022.

13 Nov 2024