World News

MEPC81: ICS Welcomes Progress on Flat Rate Contribution per GHGt

Will hope to iron out concerns before next meeting in six months' time.

25 Mar 2024

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

Ship & Bunker's G20-VLSFO Index slipped to the lowest level since March 14 on Friday.

25 Mar 2024

Oil Ends The Week Lower As Hopes For Ceasefire Fade

Meanwhile, fears of elevated Russian hostility heat up.

22 Mar 2024

MEPC81: IMO Approves New ECAs for Canadian and Norwegian Arctic Waters

The new ECAs were approved at the UN body's MEPC meeting in London this week, and are up for adoption at the next meeting in October.

22 Mar 2024

MEPC81: IMO Moves One Step Closer to Global Bunker GHG Taxation

The UN body's Marine Environment Protection Committee met in London this week, with further work on its decarbonisation plans high on the agenda.

22 Mar 2024

LR Discusses Obstacles to Uptake of Ammonia and Methanol Bunkers

Classification society Lloyd's Register has published two new reports discussing some of the potential obstacles to the wider uptake of ammonia and methanol as alternative marine fuels.

22 Mar 2024

Russia and China Make Deal With Houthi Movement for Safe Red Sea Passage: Report

The deal involves Russia and China providing political support to the Houthi movement.

22 Mar 2024

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

Ship & Bunker's G20-VLSFO Index fell to the lowest level since March 15 on Thursday.

22 Mar 2024

Itochu Corp and U-Ming Plan Ammonia-Fuelled Ships

The two firms have signed a memorandum of understanding setting out their plans for collaboration on ammonia-fuelled shipping.

22 Mar 2024

Zero44 Launches FuelEU Maritime Compliance Tool

The company's FuelEU Maritime Calculator sets out the financial impact of the regulation for shipping firms.

22 Mar 2024

BUNKER JOBS: Bitoil Group Seeks Sales Manager in Cyprus

The company is looking for candidates with fluent English and at least three years of sales experience.

22 Mar 2024

Oil Extends Losses On Perception Of Weak Demand, UN Ceasefire Bid

Meanwhile, ING sees significant tightening later in 2024.

21 Mar 2024

REM Offshore Orders Methanol-Fuelled Ship

The firm has signed a deal with Myklebust Verst for the construction of the energy subsea construction vessel, with delivery due in 2026.

21 Mar 2024

EU Regulations to Leave Fossil Bunkers at Price Parity With Alternatives by 2035: Wärtsilä

The firm has published a new report on how regulation will affect future prices for marine fuels.

21 Mar 2024

Weekly Vessel Scrapping Report 2024: Week 11

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 14 – March 20, 2024.

21 Mar 2024

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

Ship & Bunker's G20-VLSFO Index fell by $1/mt to $671/mt on Wednesday, having reached the highest level since November 22 on Tuesday.

21 Mar 2024

Bearish Fed Concerns Trump Bullish Demand Predictions, Oil Settles Lower

TD Securities thinks trading could resume a downward trajectory.

20 Mar 2024

Hapag-Lloyd's Biofuel Blend Consumption Nearly Doubled in 2023

Hapag-Lloyd is likely to have been the largest buyer of biofuel blends in Rotterdam last year.

20 Mar 2024

INSIGHT: Supporting Shipping's Decarbonisation Towards a Carbon-Free Future

Dr Olivier Denizart, technical manager at Lubmarine, shares some of the key findings on Lubmarine's latest R&D projects on future fuels including experiments on an ammonia-fuelled engine.

20 Mar 2024 · Dr Olivier Denizart, Lubmarine

BUNKER PRICES: G20-VLSFO Index Climbs for Fifth Session

Ship & Bunker's G20-VLSFO Index advanced to the highest level since November 22 on Tuesday.

20 Mar 2024