World News

IMO MEPC Meeting Must Bring Regulation Clarity to Drive Green Fuel Production: IBIA

Investors in decarbonisation projects will be waiting for more clarity on regulations before committing to new activity, IBIA's Edmund Hughes tells Ship & Bunker.

18 Sep 2024

BUNKER PRICES: G20-VLSFO Index Slips for Second Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $590.50/mt on Tuesday, adding to the previous session's $2/mt fall of the same size.

18 Sep 2024

Oil Extends Gains As Outages Persist In Gulf Of Mexico

Meanwhile, South Sudan oil exports could resume soon.

17 Sep 2024

LNG Carrier Joins UN Methane Monitoring Body

Seapeak first shipping company to do so.

17 Sep 2024

VPS Announces Winners of Offshore Segment Decarbonisation Campaign

Over the 90-day campaign, 12 companies in the offshore segment competed to see which could deliver the largest CO2 emission savings.

17 Sep 2024

Upcoming Event to Showcase MFA's 'Sleeves Rolled Up' Approach to Solving Bunker Industry Challenges

"While we are expecting to see many MFA members and partners in attendance, our event is open to all in the industry," says MFA Chairman Robert Thompson.

17 Sep 2024

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

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $591/mt on Monday, paring the previous session's $2/mt gain.

17 Sep 2024

Wärtsilä to Optimise 37 Royal Caribbean Ships' Engine Performance

The two companies have signed a five-year lifecycle agreement for the engineering firm to optimise the performance, reliability and availability of the ships' engines.

16 Sep 2024

TotalEnergies Makes Japanese Hydrogen Investment Move

With fund getting behind developing the hydrogen value chain.

16 Sep 2024

Bunker Firm Shipergy Appoints Director of Operations

The new director has worked for Shipergy since June 2022.

16 Sep 2024

Norden to Use 100% Biofuel on Australia-Netherlands Bulker Voyage

The company has signed a deal with mining firm BHP to pay for the use of biofuel on the voyage.

16 Sep 2024

Malik Group Appoints New CFO

The new hire was previously CFO of construction technology firm Trackunit.

16 Sep 2024

Salvage Plan Under Way for Burning Tanker in Red Sea

Tugs connected to the stricken tanker Sounion on Saturday in order to move it to a safer location.

16 Sep 2024

BUNKER PRICES: G20-VLSFO Index Climbs for Second Session

Ship & Bunker's G20-VLSFO Index gained $2/mt to $591.50/mt on Friday, adding to the previous day's advance of the same size.

16 Sep 2024

Oil Dips As Brent's Paper Market Is "Net Short" For First Time In History

The rising U.S. rig count also played into demand fears.

13 Sep 2024

Fuel and Shipping Industry Bodies Launch Green Fuels Initiative

The Clean Maritime Fuels Platform will focus on policies and tools to support the production and uptake of green fuels in Europe.

13 Sep 2024

MOL and Chevron to Install Wind System on LNG Carrier

The new LNG carrier, chartered by Chevron, will have a Wind Challenger hard sail system installed before its delivery in 2026.

13 Sep 2024

New Salvage Plan for Burning Tanker Sounion in Red Sea

A previous salvage plan was abandoned earlier this month, but a new plan is set to be put into action in the next few days.

13 Sep 2024

DSV Signs Deal to Acquire Schenker

The EUR 14.3 billion deal could make DSV the world's largest freight forwarder.

13 Sep 2024

BUNKER PRICES: G20-VLSFO Index Advances for First in Nine Sessions

Ship & Bunker's G20-VLSFO Index gained $2/mt to $589.50/mt on Thursday, having reached the lowest level since June 2023 the previous day.

13 Sep 2024