World News

Have Your Say: Is it OK to Use WhatsApp in Bunker Deals?

The bunker industry is starting to divide in its attitudes on the use of the messaging service to conclude its deals.

24 Oct 2024

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

Ship & Bunker's G20-VLSFO Index gained $5/mt to the highest level since October 15 on Wednesday.

24 Oct 2024

Oil Drops On Stock Build, But Middle East Hostilities Cause Open Options Contracts To Soar

Meanwhile, efforts continue to bring about a ceasefire.

24 Oct 2024

BUNKER PRICES: G20-VLSFO Index Advances for First Session in Seven

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to $603.50/mt on Tuesday, having reached the lowest level since October 1 the previous day.

23 Oct 2024

BP Head of LNG Trading to Step Down

Jonty Shepard will step down as COO for LNG and leave the company at the end of the year.

23 Oct 2024

XMAR Launches Pilot Phase of New Online Bunker Trading Platform

The XMAR platform will connect users with more than 1,500 verified suppliers at more than 500 ports.

22 Oct 2024

Majority of Older Tankers Are Involved in 'Grey Fleet' Trades: Gibsons

About 63% of tankers built in 2009 or before and above 25,000 DWT in size are now in the grey fleet as of the past six months of data.

22 Oct 2024

Drax Group Awards £1 Million Funding to Wind-Assisted Propulsion Firm

Smart Green Shipping will use the investment, matched by a grant from the UK government's Clean Maritime Demonstration Competition, to install a lightweight retractable windsail on board a ship.

22 Oct 2024

BUNKER PRICES: G20-VLSFO Index Drops for Sixth Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $0.50/mt to $602/mt on Monday, remaining at the lowest level since October 1.

22 Oct 2024

'Backward Step' of Scrubbers Bans Creates Uncertainty for Shipping Decarbonization Investments: CSA

Scrubbers have been promoted and subsidized by IMO member states for years; withrdawing that support understandably raises concerns over new investments in decarbonization technologies.

22 Oct 2024

VIEWPOINT: Sweden's Scrubber Ban in Danger of Becoming an Own Goal

Our message to other countries and ports: do your own risk assessment in your own waters.

22 Oct 2024 · Clean Shipping Alliance (CSA)

Sentiment Swings And Oil Gains As Israel Steps Up Counter-Offensive

Meanwhile, bullish sentiment is expressed for ailing China.

21 Oct 2024

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

Ship & Bunker's G20-VLSFO Index lost $2.50/mt to the lowest level since October 1 on Friday.

21 Oct 2024

Oil Sinks To An 8% Weekly Low As China, Israel, Continue To Exert Analytical Influence

Also, oil explorers' spending growth has shrunk of late.

18 Oct 2024

Armada Technologies Signs Air Lubrication Deal With Gibdock Shipyard

The two companies have signed a memorandum of understanding setting out plans to install air lubrication systems on ships serviced by Gibdock.

18 Oct 2024

BUNKER PRICES: G20-VLSFO Index Slips for Fourth Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $605/mt on Thursday, remaining at the lowest level since October 3.

18 Oct 2024

Oil Slumps Despite Drawdown, As Resistance To Israel/Iran Hostilities Baffles Analyst

China's vague new housing policy also contributed to bearish sentiment.

17 Oct 2024

Weekly Vessel Scrapping Report 2024: Week 41

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 10 – October 16, 2024.

17 Oct 2024

Titan Questions Shell's Green Credentials in Ordering Conventionally-Fuelled Tankers

Shell has reportedly ordered 10 conventionally-fuelled product tankers equipped with scrubbers.

17 Oct 2024

BUNKER PRICES: G20-VLSFO Index Drops for Third Day

Ship & Bunker's G20-VLSFO Index lost $3/mt to $605.50/mt on Wednesday, remaining at the lowest level since October 3.

17 Oct 2024