World News

Bunker Firms Should Not Underestimate Value of Third Party Knowledge, Credit Insurance

"Certainty and sustainability of cover provide peace of mind not just to you and your credit team, but to your bankers as well," says Adrian Jones, Senior Underwriter at Markel.

2 Oct 2024

Oil Skyrockets As Iran's Missile Attack Against Israel Begins

Analysts weigh in on potential outcomes, ramifications.

1 Oct 2024

Crude Futures Jump as US Warns of Iranian Missile Strike on Israel

ICE December Brent futures traded at $73.34/bl as of 3:20 PM in London, up by $1.64/bl from Monday's close.

1 Oct 2024

Orim Energy Hires Global Fuel Oil Book Leader to Operate From New Geneva Office

The new hire was formerly a senior fuel oil trader for Litasco in Geneva and the Middle East.

1 Oct 2024

Rise in Shipping Traffic Prompts Mauritius to Protect Part of Coastline

Change of status should come into force next year

1 Oct 2024

VPS: Is Your Vessel Fully Protected From the Dangers of Poor-Quality Fuel?

Steve Bee, group commercial director of VPS, discusses how to avoid fuel quality problems affecting your ship.

1 Oct 2024

BUNKER PRICES: G20-VLSFO Index Climbs for First in Four Sessions

Ship & Bunker's G20-VLSFO Index gained $1/mt to $592/mt on Monday, having reached the lowest level since September 19 the previous session.

1 Oct 2024

UK Reports New Ship Attack in Red Sea

The ship came under attack about 64 nautical miles north-west of Al Hudaydah at 1:40 AM UTC on Tuesday.

1 Oct 2024

MSC to Add Surcharge for FuelEU Maritime Compliance From 2025

MSC expects its customers to contribute towards its FuelEU Maritime compliance costs, as they did for the IMO 2020 transition and the EU emissions trading system.

30 Sep 2024

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

Ship & Bunker's G20-VLSFO Index lost $6.50/mt to the lowest level since September 19 on Friday.

30 Sep 2024

Israeli Targets Yemeni Ports for Airstrikes

Israeli aircraft attacked the ports of Ras Isa and Hodeidah on Sunday.

30 Sep 2024

Oil Logs More Weekly Losses As Bearish Sentiment Plumbs New Depths

Even rising Middle East tensions proved imperious to the gloom.

27 Sep 2024

Universal GHG Contribution by Ships 'Remains Firmly on the Table': ICS

ICS an update on the week's discussions following this week's meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships at the IMO's headquarters in London.

27 Sep 2024

New LNG Bunker Barge Heading for ARA Hub

The 8,000 m3 Energy Stockholm left the RMK Marine shipyard on September 13 and is on its way to Northwest Europe.

27 Sep 2024

BUNKER JOBS: Seaspan Corp Seeks Alt Fuels Standards Manager in Vancouver

The company is looking for candidates with at least three years of experience in a similar role at a shipping company.

27 Sep 2024

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

Ship & Bunker's G20-VLSFO Index lost $9/mt to the lowest level since September 19 on Thursday.

27 Sep 2024

Weekly Vessel Scrapping Report 2024: Week 38

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 19 – September 25, 2024.

26 Sep 2024

Impending Saudi Output Increase Spooks Traders, Oil Sheds 2%

Meanwhile, Russia rejects bearish prognostications and predicts big global rise in demand.

26 Sep 2024

Methanol Bunker Demand to Receive Boost From EU Regulations

The combination of the EU's emissions trading system and its FuelEU Maritime regulation will help to deliver a level playing-field for bio- and e-methanol, according to a new study prepared for the Methanol Institute.

26 Sep 2024

Nereus Digital Bunkers Launches New Marine Fuels Marketplace Service

The firm's new digitalised marketplace brings together the key stakeholders in a bunker transaction, including physical suppliers, traders and brokers.

26 Sep 2024