World News

Maersk Bunker Consumption Jumps to Highest Since 2018

The firm's Q2 consumption was up by 17.7% on the year, by 2.4% from Q1 and the highest level since Q3 2018.

7 Aug 2024

BUNKER PRICES: G20-VLSFO Index Drops for Third Session

Ship & Bunker's G20-VLSFO Index lost $4/mt to the lowest level since June 6 on Tuesday.

7 Aug 2024

Shipbroker SSY Hires Head of Alternative Fuel Solutions From Wärtsilä

The new hire had previously worked for Wärtsilä since December 2011.

6 Aug 2024

Bunker Supplier Osprey Energy Wins ISCC Certification

The firm has received ISCC certification for a trading firm with storage.

6 Aug 2024

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

Ship & Bunker's G20-VLSFO Index lost $13/mt to the lowest level since June 10 on Monday.

6 Aug 2024

Oil Drops On Recession Fears As Israel Braces For All-Out Iranian Attack

Meanwhile, the Saudis up Arab Light prices on strong Asian demand.

5 Aug 2024

Weekly Vessel Scrapping Report 2024: Week 30

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 25 – July 31, 2024.

5 Aug 2024

Shipergy Launches Singapore Operation

The firm's new Singapore managing director will focus on sales and procurement across Asia-Pacific, CEO Daniel Rose tells Ship & Bunker.

5 Aug 2024

OCI Global Upbeat on Future Marine Methanol Sales

Posts first half-year profit on slightly lower revenue for the period.

5 Aug 2024

GRM Sees Hedging Opportunity in Brent Crude Prices Below $80

GRM sees prices below $80/bl as an opportunity for buyers to hedge their exposure for the coming year.

5 Aug 2024

BUNKER PRICES: G20-VLSFO Index Drops for First in Three Sessions

Ship & Bunker's G20-VLSFO Index lost $4/mt to $621/mt on Friday, having reached the highest level since July 23 the previous day.

5 Aug 2024

Crude Futures Drop Further Amid Wider Sell-Off on Global Economic Concerns

Asian stock markets dropped sharply on Monday morning after weak jobs data from the US on Friday prompted concerns of a potential recession.

5 Aug 2024

Middle East Hostilities Eclipsed By Dismal World Economic News, Crude Plummets

A new phase of intensified hostilities was shrugged off by traders.

2 Aug 2024

Trafigura Hires Low-Carbon Fuels Business Developer From BP

The new hire had previously worked for BP since September 2005.

2 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 July 23 on Thursday.

2 Aug 2024

Peninsula Appoints Physical Supply Trader in Gibraltar

The new physical supply trader has worked for the company since June 2020.

2 Aug 2024

XPower Trading Hires New Bunker Trader

The new hire previously worked for Peninsula in Copenhagen.

1 Aug 2024

SEA-LNG Predicts Elimination of Methane Slip by End of Decade

2-stroke diesel cycle engines have 'effectively eliminated slip already', while for 4-stroke engines the issue has already been diminished considerably. according to SEA-LNG.

1 Aug 2024

Finnlines Mulls EUR 500 million Investment in Decarbonising Fleet

The new investment would follow its EUR 500 million Green Newbuilding Programme, which was completed in February after the delivery of five new vessels with energy-saving technologies.

1 Aug 2024

BUNKER PRICES: G20-VLSFO Index Rallies as Crude Surges

Ship & Bunker's G20-VLSFO Index gained $1/mt to $617/mt on Wednesday, in its first daily advance since July 26.

1 Aug 2024