World News

Minerva Bunkering Hires Trader in Canaries From Peninsula

The new hire previously worked for Peninsula in Gibraltar from September 2022 to this month.

27 Aug 2024

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

Ship & Bunker's G20-VLSFO Index gained $8/mt to the highest level since August 18 on Monday.

27 Aug 2024

Amid Analytical Demand Concerns, Libya Outage Causes Oil To Skyrocket

Meanwhile, Exxon says 2050 Net Zero goals won't be achieved.

26 Aug 2024

MTF Releases New Report on Developmeing Liquefied Hydrogen Bunkering Systems

"With the current lack of international standards covering bunkering of liquefied hydrogen, these guidelines are especially important," says Norwegian Maritime Authority's Alf Tore Sørheim.

26 Aug 2024

Wärtsilä, Eidesvik Partner on World's First Ammonia-Fuelled PSV

The conversion of Viking Energy is slated for early 2026 with the vessel anticipated to enter into service later in H1 2026.

26 Aug 2024

VIEWPOINT: Bunker Firms Should Cast A Wider Net When Hiring Traders

Vernon Jayanathan, director of Maritime Recruitment Company Ltd, discusses hiring practices among bunker companies.

26 Aug 2024

BUNKER PRICES: G20-VLSFO Index Jumps to Four-Day High

Ship & Bunker's G20-VLSFO Index gained $6/mt to the highest level since August 19 on Friday.

26 Aug 2024

BUNKER JOBS: Baseblue Seeks Trader in Cyprus

The company is looking for candidates with experience in commercial sales, a degree in a business-related field and excellent English.

26 Aug 2024

Fed Agrees To Cut Rates And Oil Jumps - But Weekly Loss Incurred Anyway

Meanwhile, geopolitical tensions and ceasefire talks all but forgotten on Friday.

23 Aug 2024

X-Press Feeders Launches Second Methanol-Fuelled Shipping Route

The company's new Green Baltic X-Press (GBX) route will operate between Rotterdam, Antwerp-Bruges, Klaipeda and Riga.

23 Aug 2024

Exxon Marks 10 Years of HDME 50 ECA Fuel Sales

The firm has sold more than 3.25 million mt of the fuel over the past 10 years.

23 Aug 2024

BUNKER PRICES: G20-VLSFO Index Resumes Decline

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $609.50/mt on Thursday, having risen by the same amount the previous day.

23 Aug 2024

Weekly Vessel Scrapping Report 2024: Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 15 – August 21, 2024.

22 Aug 2024

Bahri Takes on Nine Scrubber-Equipped VLCCs

The firm will acquire the nine vessels from Greece's Capital Maritime and Trading Corporation for about $1 billion.

22 Aug 2024

Methanol Institute Wins Consultative Status at IMO

The organisation plans to use its presence at the IMO to work more closely with member states on regulatory frameworks for low-carbon fuels.

22 Aug 2024

Vitol Fleet to Meet IMO 2030 Emissions Target Early

The firm has been conducting a dry-docking programme since 2022 to maximise the fuel efficiency of its fleet.

22 Aug 2024

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

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $610/mt on Wednesday, having reached the lowest level since August 8 the previous day.

22 Aug 2024

Stolt Tankers Vessel Takes on B100 Biofuel for First Time

The company's barge Stolt Main took on the B100 fuel last week.

22 Aug 2024

Greek Tanker Left Adrift After Series of Red Sea Attacks

The Suezmax tanker Sounion came under attack three times on Wednesday morning.

22 Aug 2024

Gaza Hopes Overshadowed By Dismal U.S. Jobs Revision; Oil Extends Losses

One analyst believes the success of the ceasefire talks is slim.

21 Aug 2024