World News

Gemini Cooperation Approved But Will Need 'Rigorous Monitoring': FMC

The FMC has allowed the deal to take effect from this week.

10 Sep 2024

MSC to Set Up New East/West Network From Next Year

The new network, replacing the current 2M VSA agreement MSC has with Maersk, will launch from February 2025.

9 Sep 2024

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

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to the lowest level since August 22 on Friday.

9 Sep 2024

OCI Global to Sell Methanol Business to Methanex

The firm has signed a deal to sell the business to Methanex for $2.05 billion.

9 Sep 2024

Worst Weekly Drop For Oil In 11 Months As Bearish Sentiment Hijacks Crude Market

Citigroup Inc. thinks Brent could dip to the $60s next year.

6 Sep 2024

Beaches Closed in Gran Canaria After Bunker Spill

A bunker spill was reported from the refuelling of the Akhisar at Las Palmas on Wednesday night.

6 Sep 2024

Biofuels Took Up 0.1% of Bunker Holding's Sales in 2023/24

Very low-carbon fuels took up 0.1% of the energy content of the company's sales in the 2023/24 financial year.

6 Sep 2024

Wind-Assisted Propulsion in Small Vessels Nearly Doubled in Past Year: IWSA

There are currently more than 12 traditional sail cargo vessels below 500 GT in size.

6 Sep 2024

Further Work Needed on Methanol Bunker Fire Safety: Survitec

The company has published a white paper on methanol fire safety after carrying out a study earlier this year.

6 Sep 2024

VeriFuel Participates in First LNG Bunkering Operation

The operation took place in Shanghai last week.

6 Sep 2024

BUNKER PRICES: G20-VLSFO Index Little Changed Despite Decline in Crude

Ship & Bunker's G20-VLSFO Index was little changed at $616/mt on Thursday, having reached the lowest level since August 23 the previous day.

6 Sep 2024

BUNKER JOBS: Baseblue Seeks Key Account Manager in Europe

The company is looking for candidates with three to five years of experience in bunker trading and fluent English.

6 Sep 2024

Drawdowns Cause Oil To Jump, But Lower Demand Is Imminent, Analyst Warns

Meanwhile, OPEC delays output increases for two months.

5 Sep 2024

Legal Fight Over New Bunker Firm in US

The firm regards the suit as 'completely baseless', an Ankora Fuels representative tells Ship & Bunker.

5 Sep 2024

Weekly Vessel Scrapping Report 2024: Week 35

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 29 – September 4, 2024.

5 Sep 2024

INSIGHT: A Proactive Approach to Making Green Fuels Cost-Effective

Engineering firm Wärtsilä sets out its viewpoint on how the shipping industry can ease into its decarbonisation goals.

5 Sep 2024 · Wärtsilä

Methanol-Fuelled Tugs Take on Auramarine Fuel Supply System

Turkey's Sanmar Shipyards has selected Auramarine to supply the methanol supply systems for two new large tugs to be owned by KOTUG Canada.

5 Sep 2024

New Bunker Trader FLEX Commodities Hires Derivatives and Research Manager

The new hire previously worked as an associate derivatives trader for Oilmar.

5 Sep 2024

Toyota Ships to Use Emissions Capture Service at Berth at Long Beach

STAX Engineering has signed a deal with Toyota to provide an emissions capture and control service from next year.

5 Sep 2024

Headway Technology Showcases Decarbonisation Solutions at SMM 2024

Kechao Lu, director of strategy and development at Headway, spoke at the Shipowners Forum Germany 2024 event at the start of the week.

5 Sep 2024