World News

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

FEATURED: Fast-Paced Strategies in the Race to Carbon-Neutral Shipping

The race is now on for the industry to find ways of cutting its carbon footprint.

20 Mar 2024 · Glander International Bunkering

Hapag-Lloyd Expects to Take on Synthetic LNG Bunkers From 2026

The company consumed a total of 22,769 mt of fossil LNG bunkers last year, up from 4,582 mt the previous year.

19 Mar 2024

IMO Opens Regional Office in Fiji

The facility will be the IMO's seventh regional presence office.

19 Mar 2024

VPS: Mitigating Risks in Sustainable Vessel Operations With VPS APS

VPS senior technical manager Harun Rashid discusses how to avoid engine damage from unstable marine fuels.

19 Mar 2024

MEPC81: Safety Highlighted at Ammonia Bunker Fuel Trial Presentation

Results from MPA, Fortescue ammonia trial shared in lunchtime session.

19 Mar 2024

BUNKER PRICES: G20-VLSFO Index Jumps to Four-Month High

Ship & Bunker's G20-VLSFO Index jumped to the highest level since November 23 on Monday.

19 Mar 2024

DNV Hires Senior Researcher in Maritime Nuclear Team

Ole Christen Reistad has joined the company as a senior researcher in Norway as of March 1.

19 Mar 2024

FEATURED: Which Shipping Fuels are Fit For 55?

The impact of fuel choices on allowance exposure under the EU Emissions Trading System and penalties under FuelEU Maritime requires careful consideration.

19 Mar 2024 · Lloyd’s Register

Oil Now Overbought As Focus Settles On Better Than Expected Performance From China

Meanwhile, record volumes of Russian crude are heading to China.

18 Mar 2024

Shipping Firm Erik Thun Signs Synthetic LNG Bunker Deal

The company has signed a letter of intent with methane technology firm Electrochaea to enter negotiations on the offtake of synthetic LNG.

18 Mar 2024

Container Line ONE Completes First EUA Transaction for EU-ETS Compliance

The firm has opened a trading account on the Union Registry and made its first EUA purchase last month from BNP Paribas.

18 Mar 2024

StormGeo Completes Climatempo Acquisition

StormGeo had taken a 51% stake in the firm in 2019, increased that position to 89.66% in 2023 and now owns 100% of the company.

18 Mar 2024

Indian Navy Recovers Bulker and Crew From Pirates After Three Months

The INS Kolkata rescued the 45,000 DWT Ruen and its 17 crew members on the evening of March 16.

18 Mar 2024

BUNKER PRICES: G20-VLSFO Index Advances for Third Session

Ship & Bunker's G20-VLSFO Index rose by $1.50/mt to $666/mt on Friday, remaining at the highest level since March 5.

18 Mar 2024

Oil Rises Over 3% But Traders Still Daunted By Bullish/Bearish Signals

Meanwhile, a new survey reveals pragmatic sentiment moving forward.

15 Mar 2024

Momentum Builds for IMO GHG Fuel Standard and Carbon Levy

The UN body's GHG working group met this week ahead of next week's meeting of the Marine Environment Protection Committee.

15 Mar 2024

Hapag-Lloyd Sees Potential Return to Red Sea in Q2

Hapag-Lloyd CEO Rolf Habben Jansen discussed the Red Sea situation in an earnings call on Thursday.

15 Mar 2024

BUNKER PRICES: G20-VLSFO Index Rises to Two-Week High

Ship & Bunker's G20-VLSFO Index jumped to the highest level since March 5 on Thursday.

15 Mar 2024

BUNKER JOBS: Global Bunkering Seeks Bunker Trader in Cyprus

The company is looking for candidates with a good understanding of the bunker industry and previous experience in the oil or energy sectors.

15 Mar 2024