World News

Weekly Vessel Scrapping Report 2024: Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 20 – June 26, 2024.

27 Jun 2024

VPS Launches Partnership With Blue Water Trade WInds

The two firms will work to integrate Blue Water Optimum Speed Services with VPS's suite of data-driven decarbonisation services.

27 Jun 2024

Cepsa Sees Room for Optimism on Biofuel Availability for FuelEU Maritime Compliance

Samir Fernandez, director of Cepsa Marine Fuel Solutions, sees the scale of biofuel demand from shipping leading to more supply.

27 Jun 2024

KPI OceanConnect Appoints Head of Risk and Supply

The new manager has worked for KPI OceanConnect and its predecessor company, KPI Bridge Oil, since February 2019.

27 Jun 2024

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

Ship & Bunker's G20-VLSFO Index gained $2/mt to the highest level since May 20 on Wednesday.

27 Jun 2024

GCMD to Work With OGCI on Maritime Decarbonisation

The two organisations have signed a two-year coalition partnership agreement.

27 Jun 2024

Stockpile Build Offsets Gaza Concerns, Oil Prices Rudderless

Mixed signals continue to keep oil prices rangebound.

26 Jun 2024

Bunker Holding Lost Around $125 Million From African Onshore Business PSTV Cargo

The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker.

26 Jun 2024

Hapag-Lloyd Signs Strategic Partnership Deal With ZeroNorth

The two companies will work on a new digital solution digitalising the end-to-end bunker planning and procurement process.

26 Jun 2024

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

Ship & Bunker's G20-VLSFO Index gained $6/mt to the highest level since May 21 on Tuesday.

26 Jun 2024

Dutch Firm Plans Superyacht With Hydrogen Fuel Cell

Engineering company MAN Cryo has been selected to provide the hydrogen fuel supply system for the 118.8 m yacht.

26 Jun 2024

Mixed Messages About U.S. Consumer Confidence Cause Oil To Retreat

However, analysts still think demand will outpace supply this year.

25 Jun 2024

Coffee Holding Cancels Planned Merger With Delta Corp

Coffee Holding has called off the merger after failing to secure approval from shareholders in a vote in April.

25 Jun 2024

Bunker Holding Pre-Tax Earnings Slumped by 43% in 2023/24

Revenue sank to $14.5 billion from $16.6 billion a year earlier.

25 Jun 2024

'Annus Horribilis' for Bunker Holding Parent Company USTC in 2023/2024

Bunker Holding's earnings were hit by the termination of cargo activities in Africa, its parent company said.

25 Jun 2024

BUNKER PRICES: G20-VLSFO Index Slips for First Session in Six

Ship & Bunker's G20-VLSFO Index lost $1/mt to $627.50/mt on Monday, having reaching the highest level since May 29 in the previous session.

25 Jun 2024

Demand Potential Debated After Oil Rebounds on Summer Driving Hopes, Weaker Dollar

Meanwhile, Canada changes import dynamics in U.S. western states.

24 Jun 2024

INSIGHT: Can a Green/Conventional Methanol Blend Be a Sound Transitional Fuel?

Eddy Van Bouwel of EvBo Consult discusses whether blends of conventional and green methanol make sense as a means of maritime decarbonisation.

24 Jun 2024 · Eddy Van Bouwel, EvBo Consult

MSC Cruises Carbon Intensity Cut by 6.5% in 2023

Last year's drop takes the company's total reduction in carbon intensity to 37.8% since 2008.

24 Jun 2024

BUNKER PRICES: G20-VLSFO Index Rises to Three-Week High

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to the highest level since May 29 on Friday.

24 Jun 2024