World News

Iran's Vow To Strike Israel Causes Oil To Jump Over 4%

Analysts predict war will boost prices even before supply disruptions start.

1 Aug 2024

World Shipping Council Submits Updated Green Balance Mechanism Proposal to IMO

The mechanism is designed to make green bunker fuels competitive on price with conventional bunkers.

31 Jul 2024

HSFO Retains Position as Top Bunker Grade at Rotterdam in Q2

Red Sea diversions kept HSFO deliveries higher than VLSFO at Rotterdam in Q2, while LNG sales jumped to a new record.

31 Jul 2024

Baseblue Hires Bunker Trader in Cyprus

The new hire previously worked for Burgess from December 2022 to December 2023 as first mate on a private superyacht.

31 Jul 2024

BUNKER PRICES: G20-VLSFO Index Drops to Near Seven-Week Low

Ship & Bunker's G20-VLSFO Index dropped by $5.50/mt to the lowest level since June 12 on Tuesday.

31 Jul 2024

PROMOTED: Cepsa's Second-Generation (2G) Biofuel Bunkers are Meeting Demand for Lower Carbon Fuels

Energy firm Cepsa is meeting the shipping industry's developing demand for lower carbon fuels by producing and supplying second-generation (2G) biofuel blends as part of its 2050 decarbonization strategy.

31 Jul 2024 · CEPSA

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

Ship & Bunker's G20-VLSFO Index dropped by $3/mt to the lowest level since June 17 on Monday.

30 Jul 2024

Israel's Wrath Fails To Sway Traders, Oil Continues Its Decline

Crude markets are mired in "risk-off" sentiment, says FGE.

30 Jul 2024

Marine Fuels Salary Survey

In conjunction with Imperium Commodity Search, we are preparing the latest Marine Fuels Salary Survey report and we would very much welcome your input.

29 Jul 2024

Sonan Bunkers Receives £50 Million Funding Package From HSBC

The money will in part go towards setting up physical supply operations in the Mediterranean, among other expansion plans.

29 Jul 2024

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

Ship & Bunker's G20-VLSFO Index climbed by $2.50/mt to $624.50/mt on Friday, having reached the lowest level since June 17 the previous day.

29 Jul 2024

China Prompts A Retreat Back To Bearish Territory For Oil Traders, And Another Week Of Losses

Meanwhile, the perception continues that an Israeli/Hamas ceasefire is near.

27 Jul 2024

World Kinect Q2 Marine Profits Drop to Lowest Since 2021 on Reduced Volatility

Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021.

26 Jul 2024

BUNKER PRICES: G20-VLSFO Index Drops for Fourth Day

Ship & Bunker's G20-VLSFO Index dropped by $1/mt to the lowest level since June 17 on Thursday.

26 Jul 2024

Oil Rises As Analysts Suppress Demand Fears Due To Conflicting Data

But a dearth of evidence supports the optimism on otherl fronts.

25 Jul 2024

Weekly Vessel Scrapping Report 2024: Week 29

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 18 – July 24, 2024.

25 Jul 2024

ABS Issues Guidance on Ammonia Bunkering

The firm's Ammonia Bunkering: Technical and Operational Advisory seeks to provide the maritime industry with a better understanding of the challenges involved with using the alternative fuel.

25 Jul 2024

BUNKER PRICES: G20-VLSFO Index Drops for Third Day

Ship & Bunker's G20-VLSFO Index dropped by $3/mt to the lowest level since June 17 on Wednesday.

25 Jul 2024

BUNKER JOBS: Bunker Firm Seeks Korean-Speaking Trader in Singapore

The company is looking for candidates with at least one year of experience in the Asian bunker industry, as well as fluent Korean.

25 Jul 2024

BUNKER JOBS: Open Bunker Trader Roles in Dubai, Singapore, Greece and London

Maritime Recruitment Company Ltd is recruiting for bunker trader roles in Dubai, Singapore, Greece and London, Vernon Jayanathan tells Ship & Bunker.

25 Jul 2024