World News

BUNKER PRICES: G20-VLSFO Index Advances for First Session in Three

Ship & Bunker's G20-VLSFO Index rose by $3.50/mt to $642.50/mt on Thursday, having dropped to the lowest level since January 23 the previous day.

10 May 2024

Oil Traders Suddenly Optimistic Over China But Prices Capped By Demand Worries

Meanwhile, oil sands output is more robust than initially thought.

9 May 2024

Weekly Vessel Scrapping Report 2024: Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 2 – May 8, 2024.

9 May 2024

Why Do Ships Need a Class Notation for Drop in Biofuel Bunkers?

Stamatis Fradelos, vice president for regulatory affairs at ABS, sets out the purpose of their biofuel notation for Ship & Bunker.

9 May 2024

GCMD and NYK Line Launch Six-Month Biofuel Bunker Trial

The organisations will seek to understand the impact of the blend on engine performance and the operation of onboard systems.

9 May 2024

Seatrium Signs Maritime Decarbonisation Deal With ABS

The firms will seek to develop and commercialise green retrofit products and services including carbon capture, air lubrication and wind-assisted propulsion.

9 May 2024

BUNKER PRICES: G20-VLSFO Index Drops for Second Session

Ship & Bunker's G20-VLSFO Index fell to the lowest level since January 23 on Wednesday.

9 May 2024

Oil Stays Range Bound As Dismal Demand Projections Are Disclosed

Meanwhile, the Israel/Hamas war continues losing influence among traders.

9 May 2024

Finnlines Targets Fleet-Wide 7% Bunker Savings

With graphene-based hull coating.

8 May 2024

ClassNK Releases New Alternative Fuels Insight Report

The free-to-access 67 page report, ClassNK Alternative Fuels Insight, is available now.

8 May 2024

DNV Sees Ammonia Bunker Demand at 2.3 Million MT/Year in 2030

The firm has published a white paper setting out its research on the availability of green and blue ammonia in 2030 to 2050.

8 May 2024

Oceanly Launches New EU-ETS Compliance Service

The Oceanly Performance service will allow shipping companies to monitor, report and verif.y their carbon emissions under the EU-ETS regulations

8 May 2024

SodaFlexx Offers Scrubber Conversions to Hybrid Models as Response to Open-Loop Bans

SodaFlexx's system can be used to convert existing open-loop scrubbers to run as hybrid models, the company tells Ship & Bunker.

8 May 2024

Majority of Scrubber Investments have Already Reached Break Even: New Study

Within five years after installation, more than 95% of the ships with the most common scrubber systems reach break even.

8 May 2024

BUNKER PRICES: G20-VLSFO Index Drops to 15-Week Low

Ship & Bunker's G20-VLSFO Index sank to the lowest level since January 24 on Tuesday.

8 May 2024

Bunker Holding Signs Green Methanol Supply Deal

The firm has signed an agreement with SyntexNRG Inc to develop and produce renewable methanol at the ports where Bunker Holding has physical supply operations around the world.

7 May 2024

BUNKER PRICES: G20-VLSFO Index Advances for Second Day

Ship & Bunker's G20-VLSFO Index rose by $0.50/mt to $646/mt on Monday, reaching the highest level since May 1.

7 May 2024

No Israel/Hamas Ceasefire Concerns Traders, Oil Ekes Out Gains

Meanwhile, the Saudis gamble on the possibility of increased demand.

6 May 2024

Stolt Tankers: To Correct CII Ratings We Consume More fuel and Produce More Carbon Emissions

This is the opposite of what the IMO intended, writes Stolt Tankers' Managing Director, Maren Schroeder.

6 May 2024

40% More Bunker Fuel Per Journey Because of Red Sea Diversions: Maersk

Maersk says it has needed to lengthen voyages even further as the range capability of Houthi attacks increases.

6 May 2024