World News

BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
Ship & Bunker's G20-VLSFO Index rose to the highest level since April 17 on Monday.
30 Apr 2024
New Cruise Ship Design Comes With LNG Bunkering and Up to 100% Wind Propulsion
New Cruise Ship Design Comes With LNG Bunkering and Up to 100% Wind Propulsion
The design comes with three rigid sails with tilting masts, which will be able to provide up to 100% of the vessels' propulsion needs in the right weather conditions.
30 Apr 2024
Oil Drops As Traders Turn Blind Eye To Israeli Air Strikes, Focus On Peace Talks
Oil Drops As Traders Turn Blind Eye To Israeli Air Strikes, Focus On Peace Talks
Meanwhile, anticipation regarding the Fed switches from cuts back to hikes.
29 Apr 2024
Hoegh Autoliners Doubles Biofuel Bunker Use in 2023
Hoegh Autoliners Doubles Biofuel Bunker Use in 2023
But biofuel "unlikely to become the long-term solution for decarbonising shipping" with its first zero carbon ammonia vessel "on the water in 2027".
29 Apr 2024
Red Sea Bunkering Reports Healthy Bunker Demand as Shipping Activity Gains 9% in April
Red Sea Bunkering Reports Healthy Bunker Demand as Shipping Activity Gains 9% in April
A decline in the frequency of Houthi attacks last month may have driven an increase in shipping activity around Djibouti, a Red Sea Bunkering representative tells Ship & Bunker.
29 Apr 2024
BUNKER PRICES: G20-VLSFO Index Rallies at End of Week
BUNKER PRICES: G20-VLSFO Index Rallies at End of Week
Ship & Bunker's G20-VLSFO Index rose by $2/mt to $664/mt on Friday, paring the decline since the previous week to $1/mt.
29 Apr 2024
TotalEnergies Appoints SVP of New Aviation and Marine Fuels Division
TotalEnergies Appoints SVP of New Aviation and Marine Fuels Division
The Singapore-based executive has worked for the company since 2003.
29 Apr 2024
IMO to Fund Shore Power Projects
IMO to Fund Shore Power Projects
Namibia, Mauritius, St Kitts and Nevis, and Trinidad and Tobago to receive funds to develop detailed technical proposals.
26 Apr 2024
Oil Ends Week With Modest Gains As Israel Strikes Lebanon
Oil Ends Week With Modest Gains As Israel Strikes Lebanon
But analysts remain largely unimpressed by the commodity's performance.
26 Apr 2024
WNTI Proposes Overhaul of Decades-Old IMO Nuclear-Powered Shipping Regulation
WNTI Proposes Overhaul of Decades-Old IMO Nuclear-Powered Shipping Regulation
The organisation has submitted a document to the UN body's Maritime Safety Committee setting out its position on the Code of Safety for Nuclear Merchant Ships, adopted in 1981.
26 Apr 2024
World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed
World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed
The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
26 Apr 2024
BUNKER PRICES: G20-VLSFO Index Drops for First Session in Three
BUNKER PRICES: G20-VLSFO Index Drops for First Session in Three
Ship & Bunker's G20-VLSFO Index fell by $2/mt to $662/mt on Thursday, erasing the previous day's $1.50/mt gain.
26 Apr 2024
US Sets National Goal of Zero-Emissions Freight Sector
US Sets National Goal of Zero-Emissions Freight Sector
Ships and ports included in $1.5 Billion package to support transition to zero-emissions.
25 Apr 2024
MPCC Gets Sustainable Finance Deal for Methanol Newbuilds
MPCC Gets Sustainable Finance Deal for Methanol Newbuilds
The box ships are set for delivery later this year.
25 Apr 2024
Marine Engine Maker Says it Falsified Fuel Consumption, Emissions Data for Decades
Marine Engine Maker Says it Falsified Fuel Consumption, Emissions Data for Decades
Government investigating after test results altered 'to make the fuel consumption data look better'.
25 Apr 2024
Weekly Vessel Scrapping Report 2024: Week 16
Weekly Vessel Scrapping Report 2024: Week 16
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 18 – April 24, 2024.
25 Apr 2024
Avenir LNG Orders Two 20,000 M3 LNG Bunker Delivery Vessels
Avenir LNG Orders Two 20,000 M3 LNG Bunker Delivery Vessels
The firm has ordered the 20,000 m3 ships from Nantong CIMC Sinopacific Offshore & Engineering Co.
25 Apr 2024
Global Q1 VLSFO Off-Spec Jumps to One-Year High: Verifuel
Global Q1 VLSFO Off-Spec Jumps to One-Year High: Verifuel
About 1.7% of the VLSFO samples analysed by Verifuel in Q1 were found to be off-specification, the company tells Ship & Bunker.
25 Apr 2024
Full-scale Testing for MAN Energy Ammonia Dual-fuel Unit to Start in July
Full-scale Testing for MAN Energy Ammonia Dual-fuel Unit to Start in July
Engine being built in Japan under licence.
25 Apr 2024
ARA Port Officials Meet VPS, TFG Marine, Metcore and IBIA to Discuss MFMs
ARA Port Officials Meet VPS, TFG Marine, Metcore and IBIA to Discuss MFMs
Officials from the Port of Rotterdam and Port of Antwerp-Bruges met representatives from VPS, TFG Marine, Metcore International and IBIA on Wednesday to discuss MFMs.
25 Apr 2024