World News

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

Ship & Bunker's G20-VLSFO Index dropped to the lowest level since April 2 on Tuesday.

10 Apr 2024

Port of Aarhus Seeks €37 Million EU Funding for Shore Power Connection

The application has been submitted alongside ones from the ports of Bremerhaven, Gothenburg, Stockholm, Hamburg and Oslo.

10 Apr 2024

Amogy and ITOCHU Corp Plan Onboard Ammonia-to-Power System for Ships

The two firms have signed a memorandum of understanding setting out plans to explore the potential application of Amogy's technology on ITOCHU's ships.

10 Apr 2024

Silverstream Retrofits LNG Carrier With Bunker-Saving Air Lubrication System

The system was installed in just 30 days on a 174,000 m3 LNG carrier owned by an oil major at Seatrium's Admiralty Yard in Singapore.

9 Apr 2024

Hapag-Lloyd Takes on Bio-LNG for First Time

Titan Clean Fuels and STX Group recently delivered 2,200 mt of bio-LNG to a Hapag-Lloyd ship at Rotterdam.

9 Apr 2024

Monjasa Reports Second-Highest Profits in Firm's History in 2023 as Volumes Climbed

The firm saw strong volumes gains in the Americas and Asia last year, offset by declines in Northwest Europe and the Mediterranean.

9 Apr 2024

Fratelli Cosulich Wins ISCC Certification in Middle East

The certification was awarded to Fratelli Cosulich Middle East DMCC in Dubai.

9 Apr 2024

BUNKER PRICES: G20-VLSFO Index Advances for Fifth Session

Ship & Bunker's G20-VLSFO Index advanced to the highest level since November 6 on Monday.

9 Apr 2024

Berge Bulk Expects 15% Lower Carbon Emissions From New Newcastlemax Vessel

The Newcastlemax vessel Berge Mauna Kea has now been delivered from Imabari Shipbuilding Co Ltd in Japan, taking Berge Bulk's fleet size to 89 ships.

9 Apr 2024

Oil Dips As Israel/Hamas Ceasefire Talks Reportedly "Deadlocked"

Meanwhile, Shell is said to be on the verge of fleeing the LSE.

8 Apr 2024

IBIA Chairman: Bunker Speculation Will Be Detrimental to Baltimore Bridge Collapse Investigation

IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker.

8 Apr 2024

VPS: Mitigating the Risks of Bad Bunkers

Steve Bee, Malcolm Cooper and Stanley George of testing firm VPS discuss bunker contamination and how its effects can be mitigated.

8 Apr 2024

BUNKER PRICES: G20-VLSFO Index Advances to Five-Month High

Ship & Bunker's G20-VLSFO Index rose to the highest level since November 21 on Friday.

8 Apr 2024

Bunker Demand at Key Global Hubs up 1.8% in 2023

Rise follows a rise in demand during Q4 of 2023, according to the latest market survey from Ship & Bunker and consultancy 2050 Marine Energy.

8 Apr 2024

Iran Seeking Vengeance On Israel Boosts Oil, Weekly Gain Exceeds 4%

Meanwhile, huge U.S. job increase is good for demand, bad for rate cuts.

5 Apr 2024

Interferry Seeks Carbon Tax Revenues for Shore Power Investments

The organisation wants to see the funds used to develop the onshore facilities that ships with shore power connections can connect to.

5 Apr 2024

X-Press Feeders Signs Green Shipping Corridor Agreements With Six European Ports

The firm has signed a memorandum of understanding with the six ports agreeing to collaborate on the provision of alternative fuels such as green methanol.

5 Apr 2024

Momentum for Methanol Fuel Ship Orders Continues in 2024 Q1

After lower overall orders for alternative-fuelled tonnage in March, Q1 saw a total of 35 methanol-fuelled vessel orders and 28 for LNG.

5 Apr 2024

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $674/mt on Thursday, remaining at the highest level since November 22.

5 Apr 2024

Oil Overbought As Market Hurtles Towards Supply Shortage

Meanwhile, the U.S. muscles its way to crude export prominence.

4 Apr 2024