World News

Bunker Partner 2023 Profits Slump on Reduced Cargo Activity
Bunker Partner 2023 Profits Slump on Reduced Cargo Activity
The company's profit dropped to EUR 7.334 million in 2023 from EUR 36.54 million the previous year.
21 Aug 2024
BUNKER PRICES: G20-VLSFO Index Drops to Two-Week Low
BUNKER PRICES: G20-VLSFO Index Drops to Two-Week Low
Ship & Bunker's G20-VLSFO Index lost $6/mt to the lowest level since August 8 on Tuesday.
21 Aug 2024
Blind Faith In Questionable Progress Of Gaza Ceasefire Talks Causes Oil To Dip
Blind Faith In Questionable Progress Of Gaza Ceasefire Talks Causes Oil To Dip
Some analysts think traders are wrongly assuming that peace is a fait accompli.
20 Aug 2024
BUNKER PRICES: G20-VLSFO Index Drops for Fourth Day
BUNKER PRICES: G20-VLSFO Index Drops for Fourth Day
Ship & Bunker's G20-VLSFO Index of prices lost $4/mt to the lowest level since August 9 on Monday.
20 Aug 2024
Oil Plummets As Ukraine Incursion Could Replace Gaza In Swaying Trading Activity
Oil Plummets As Ukraine Incursion Could Replace Gaza In Swaying Trading Activity
Meanwhile, China's economic woes continue to pressure prices.
19 Aug 2024
USTC Publishes More Details on Losses From Bunker Holding Subsidiary's Shutdown
USTC Publishes More Details on Losses From Bunker Holding Subsidiary's Shutdown
A flood of Russian crude arriving in Africa made Bunker Holding's onshore trading unit PSTV Cargo uncompetitive.
19 Aug 2024
Pacific International Lines Orders Five New LNG-Fuelled Boxships
Pacific International Lines Orders Five New LNG-Fuelled Boxships
The new 13,000 TEU dual-fuelled ships will be delivered from the end of 2026 onwards from Hudong Zhonghua Shipyard in China.
19 Aug 2024
Accelleron to Acquire Voyage Optimisation Firm True North Marine
Accelleron to Acquire Voyage Optimisation Firm True North Marine
TNM currently provides its weather routing guidance and voyage optimisation services to about 800 ships.
19 Aug 2024
BUNKER PRICES: G20-VLSFO Index Drops to Four-Day Low
BUNKER PRICES: G20-VLSFO Index Drops to Four-Day Low
Ship & Bunker's G20-VLSFO Index lost $0.50/mt to the lowest level since August 12 on Friday.
19 Aug 2024
China's Woes Dominate Trading Fears, Oil Takes Another Nosedive
China's Woes Dominate Trading Fears, Oil Takes Another Nosedive
The commodity may remain rudderless until the U.S. Fed decides whether to cut rates.
17 Aug 2024
BUNKER PRICES: G20-VLSFO Index Drops to Three-Day Low
BUNKER PRICES: G20-VLSFO Index Drops to Three-Day Low
Ship & Bunker's G20-VLSFO Index lost $2.50/mt to the lowest level since August 12 on Thursday.
16 Aug 2024
UK Reports New Suspicious Approach in Red Sea
UK Reports New Suspicious Approach in Red Sea
The incident happened about 95 nautical miles north-east of Massawa, Eritrea at 11:10 UTC on Thursday.
16 Aug 2024
Oil Traders Reverse Sentiment As U.S. Demand Collapse Fears Are Proven Oversold - Again
Oil Traders Reverse Sentiment As U.S. Demand Collapse Fears Are Proven Oversold - Again
Meanwhile, Russian exports continue to thrive despite the sanctions.
15 Aug 2024
Nuclear Could Be a Decarbonisation Pathway in 10-15 Years: Maersk
Nuclear Could Be a Decarbonisation Pathway in 10-15 Years: Maersk
Maersk will join the study, which will look into the regulatory feasibility and frameworks that would need to be established for a nuclear container ship using a fourth-generation reactor to undertake cargo operations at a European port.
15 Aug 2024
Weekly Vessel Scrapping Report 2024: Week 32
Weekly Vessel Scrapping Report 2024: Week 32
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 8 – August 14, 2024.
15 Aug 2024
Green Ammonia Bunkering Planned at Stavanger
Green Ammonia Bunkering Planned at Stavanger
Iverson eFuels, St1 Norge and the Port of Stavanger have set up a partnership to set up ammonia bunkering at Risavika.
15 Aug 2024
BUNKER PRICES: G20-VLSFO Index Slips for First in Six Sessions
BUNKER PRICES: G20-VLSFO Index Slips for First in Six Sessions
Ship & Bunker's G20-VLSFO Index lost $2/mt to $622.50/mt on Wednesday, in its first daily decline since August 6.
15 Aug 2024
Peninsula Hires Senior Trading Executive in Europe
Peninsula Hires Senior Trading Executive in Europe
The new hire previously worked for Harvest Energy in Antwerp from February 2020 to this month.
15 Aug 2024
BUNKER JOBS: Bunker Holding Seeks Sustainability Certification Controller
BUNKER JOBS: Bunker Holding Seeks Sustainability Certification Controller
The company is looking for candidates with a financial background and fluent English.
15 Aug 2024
Oil Extends Losses On Demand Fixations, But Iran Threat Will Soon Return To Fore: Analyst
Oil Extends Losses On Demand Fixations, But Iran Threat Will Soon Return To Fore: Analyst
Meanwhile, hopes intensify for September interest rate cuts.
14 Aug 2024