World News

Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications

While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.

24 Jun 2024

Oil Notches Another Weekly Gain Despite Market Mired In Conflicting Sentiment

Meanwhile, geopolitical hostilities and tensions involving China could affect future trading.

22 Jun 2024

Mitsubishi Shipbuilding Receives Orders for Japan's First Methanol-Fuelled Ro-Ro Cargo Ships

The company has received orders from Toyofuji Shipping and Fukuju Shipping for two 15,570 GT methanol-fuelled ships.

21 Jun 2024

Amon Maritime Wins Enova Funding for Ammonia-Fuelled Gas Carriers

The firm has set up a new venture, Amon Gas, with plans to have two ammonia-fuelled gas carriers in operation by 2028.

21 Jun 2024

Four Union Maritime Tankers to Take on Norsepower Rotor Sails

The four 18,500 DWT chemical tankers will each be fitted with two rotor sails.

21 Jun 2024

Emanuele Grimaldi Re-Elected as ICS Chairman

Grimaldi was unanimously re-elected during the company's annual general meeting in Montreal this week.

21 Jun 2024

BUNKER PRICES: G20-VLSFO Index Rises for Fourth Day

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $627/mt on Thursday, reaching the highest level since May 30.

21 Jun 2024

Two More Methanol-Fuelled Maersk Boxships to Enter Service Over the Summer

Naming ceremonies will be held for the two new ships in Denmark and the US in August.

21 Jun 2024

INTERVIEW: Uptake of Wind Power Gathers Momentum, Approaches 'Critical Mass' as Maritime Decarbonisation Tech

After a spike in orders, IWSA Secretary General Gavin Allwright updates Ship & Bunker on the current prospects for wind-assisted propulsion technology in shipping.

21 Jun 2024

Weekly Vessel Scrapping Report 2024: Week 24

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 13 – June 19, 2024.

20 Jun 2024

Hydrogen-Fuelled Bulker Project Wins NOK 300 Million ENOVA Funding

The project has been set up to develop, build and operate five 6,000 DWT bulkers capable of running on hydrogen.

20 Jun 2024

Carnival Cruise Ship Takes on Air Lubrication System

Silverstream has signed a deal to equip a new Excel-class Carnival Cruise Line ship with one of its air lubrication systems.

20 Jun 2024

Oilmar COO Steps Down

Oimar's chief operating officer is stepping down at the end of this month.

20 Jun 2024

Baseblue Appoints Hong Kong-Based CFO

The new CFO has worked for Baseblue since 2012.

20 Jun 2024

VPS Launches Online Dashboard for Maress Summer Campaign

VPS has launched an online dashboard for its Maress Summer Campaign to find GHG emission savings among offshore vessels.

20 Jun 2024

Maersk Head of Sustainability Steps Down

The departing director had worked for Maersk since February 2008.

20 Jun 2024

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Ship & Bunker's G20-VLSFO Index gained $2.50/mt to $626.50/mt on Wednesday, reaching the highest level since May 30.

20 Jun 2024

International Seaways Seeks 5% Bunker Savings From Wärtsilä Propulsion Upgrades

Technol.ogy company Wärtsilä is set to retrofit the four MR tankers with its EnergoFlow and EnergoProFin propulsion systems

20 Jun 2024

More Crude Stockpile Builds Diffuse Resurgent Hopes For Bull Market Momentum

Analysts are divided on whether oil is overbought or headed for strong growth.

19 Jun 2024

Unifeeder Signs Fuel Efficiency Collaboration Deal With MPC Container Ships

The two companies plan jointly to invest in fuel efficiency retrofits on MPC vessels chartered by Unifeeder.

19 Jun 2024