World News

SIBCON 2024: Former IMO SG Sees 2040 GHG Target as Biggest Concern

The 2040 indicative checkpoint for GHGs goal will require much more work for the shipping industry to achieve, the IMO's secretary general emeritus tells Ship & Bunker.

14 Oct 2024

SIBCON 2024: New Bunker Trading Firm FLEX Commodities Hosts Launch Party

The Dubai-based company hosted the event at a bar in central Singapore on the evening of October 7 ahead of the opening of Sibcon the next day.

14 Oct 2024

Oil Trading Muted As The Effect Of Israeli Strike On Iran "Fading"

However, Gulf states are scrambling to dissuade the strike from happening.

12 Oct 2024

BUNKER PRICES: G20-VLSFO Index Advances

Ship & Bunker's G20-VLSFO Index gained $4/mt to $616.50/mt on Thursday, having reached the lowest level since October 3 the previous day.

11 Oct 2024

SIBCON 2024: Shipping Executive Casts Doubt on Usefulness of Carbon Capture

The technology's downsides may prove insurmountable in many cases, according to one shipping executive.

11 Oct 2024

SIBCON 2024: Minerva Sees Med ECA Driving Sharp Boost to Global MGO Demand

Minerva expects to see the Med ECA driving a 30% increase in global MGO demand and a 5% cut in fuel oil demand, CEO Tyler Baron tells Ship & Bunker.

11 Oct 2024

SIBCON 2024: Maersk Takes Methanol Bunkers at Six Locations

The ports in question are Ulsan, Shanghai, Singapore, Port Said, Rotterdam and Amsterdam, Maersk Oil Trading CEO Emma Mazhari tells Ship & Bunker.

11 Oct 2024

Weekly Vessel Scrapping Report 2024: Week 40

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 3 – October 9, 2024.

10 Oct 2024

SIBCON 2024: BP Backs Wider Rollout of Mass Flow Meters for Bunkering

The firm is in the process of calibrating the meters on its delivery fleet in Northwest Europe to bring them into service, a company representative tells Ship & Bunker.

10 Oct 2024

UK Reports New Ship Attack in Red Sea

The ship came under attack about 70 nautical miles south-west of Al Hudaydah at 00:10 AM UTC on Thursday.

10 Oct 2024

TotalEnergies Appoints Deputy Vice President of Aviation and Marine Fuels

The new deputy vice president has worked for TotalEnergies since January 1999.

10 Oct 2024

Shipergy Reports Tripling of Gross Profit in 2023/24 Financial Year

The firm sold roughly 350,000 mt of marine fuel across the year, CEO Daniel Rose tells Ship & Bunker.

10 Oct 2024

Oil Dips Despite Israel Stating Its Strike Against Iran Will Be "Especially Surprising"

Meanwhile, China continues to disappoint analysts.

10 Oct 2024

Bunker One to Launch LNG Bunker Physical Supply From January

The firm will add physical LNG and mass balanced LBM to its supply portfolio in Northwest Europe from January 2025.

9 Oct 2024

SIBCON 2024: TFG Marine to Roll Out E-BDNs Globally With ZeroNorth

The firm has signed a deal with ZeroNorth to bring e-BDNs to its customers in Singapore by the end of this year, and then roll the service out globally beyond that.

9 Oct 2024

SIBCON 2024: Carbon Capture Providers Waiting for IMO Regulatory Support

The industry is waiting for a revision of the IMO's CII regulation to take into account carbon capture systems' savings in GHG emissions, a carbon capture provider tells Ship & Bunker.

9 Oct 2024

SIBCON 2024: Singapore to Cut Frequency of Mandatory MFM Checks

The change will come in a revision to the SS 648 standard applicable from April 1, 2025, a source familiar with the situation tells Ship & Bunker.

9 Oct 2024

Burando Energies International Hires Commercial Manager in Netherlands

The new hire was previously commercial manager of Intercontinental Bunkering from November 2007 to this month.

9 Oct 2024

Buyers Should Take on Digital Platforms to Reduce Bunker Costs: AuctionConnect

Based on 1.3 million mt of bunker deals across an 18-month period, AuctionConnect estimates its service delivers bunker prices on average $7/mt lower than Platts benchmark prices.

8 Oct 2024

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $1/mt to the highest level since September 5 on Monday.

8 Oct 2024