World News

Crude Futures Sink on Prospect of Increased Middle East Output

The prospect of increased output from Libya and Saudi Arabia brought a drop in crude futures on Thursday morning.

26 Sep 2024

BUNKER PRICES: G20-VLSFO Index Slips for First Session in Five

Ship & Bunker's G20-VLSFO Index lost $2.50/mt to $606.50/mt on Wednesday, having reached the highest level since September 6 the previous day.

26 Sep 2024

LNG Bunker Supplier Titan Hires Client Manager From GoodFuels

The new hire previously worked for biofuels firm GoodFuels from April 2021 to this month.

26 Sep 2024

Time is Now to Get ISCC Certified to Supply Biofuel Bunkers: Envirosense

The implications of not being ISCC certified could be substantial, including loss of trade and clients, says Jack Symonds, Associate Director at Envirosense.

26 Sep 2024

Oil Resumes Downward Plunge As Bearish Stance Seems Impervious To Market Developments

Meanwhile, Wells Fargo predicts depressed prices for oil in 2025.

25 Sep 2024

INSIGHT: Engine Performance is Key to Emissions Abatement

Matthias Winkler of fuel analysis firm CMT discusses ways shipowners can improve efficiency by paying closer attention to engine performance.

25 Sep 2024 · Matthias Winkler, CM Technologies

VPS: What Offshore Vessel Owners Need to Know About the New EU Regulations

VPS sets out its guidance on upcoming changes to EU regulations for the offshore segment.

25 Sep 2024

Oilmar Hires Global Head of Trading in Dubai

The new manager was previously a senior commodity market manager for EY in London.

25 Sep 2024

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

Ship & Bunker's G20-VLSFO Index gained $6/mt to the highest level since September 6 on Tuesday.

25 Sep 2024

John T Essberger Orders Two Methanol-Fuelled Chemical Tankers

The deal includes the option for four more vessels of the same type.

25 Sep 2024

Vertex Energy Files for Bankruptcy

The firm has arranged an $80 million debtor-in-possession financing facility to fund a restructuring process and allow it to continue normal operations in the meantime.

25 Sep 2024

Biggest Chinese Stimulus Since Pandemic Galvanizes Traders, Oil Rises 2%

Meanwhile, analysts argue about global oil demand rates.

24 Sep 2024

US Navy Seeks Tanker in Middle East After Oiler Runs Aground: Report

The USNS Big Horn ran aground and partially flooded off the coast of Oman on Monday.

24 Sep 2024

Delta Corp to Merge With US-Listed Kaival Brands

The merger is expected to be completed in the fourth quarter of this year.

24 Sep 2024

Three Container Ships Take on Carbon Capture-Ready Scrubbers From Wartsila

Wartsila will carry out additional design and engineering work to ensure the vessels are suitable for carbon capture system installations at a later date.

24 Sep 2024

Trafigura Appoints New CEO

Richard Holtum will take on the role of CEO as of January 1.

24 Sep 2024

New Bunkering Technologies Feature in MoU Signed by Shenzhen, Long Beach Ports

Agreement establishes framework to accelerate the decarbonisation of maritime trade in the Pacific Rim.

24 Sep 2024

BUNKER PRICES: G20-VLSFO Index Advances for Third Session

Ship & Bunker's G20-VLSFO Index gained $4.50/mt to the highest level since September 9 on Monday.

24 Sep 2024

BUNKER JOBS: Bitoil Group Seeks Bunker Trader in Cyprus

The company is looking for candidates with three to five years of experience in B2B sales, fluent English and preferably Greek or Russian.

24 Sep 2024

Oil Falls On Troubling Euro Zone Business Contraction, China Worries

But geopolitical tensions remain a lagging factor in trading motivation.

24 Sep 2024