World News

Cement Carrier to Take on Norsepower Rotor Sail

Norsepower will equip the new Baltrader cement carrier Cemcommander with a 24m x 4m rotor sail in the summer of this year.

23 Feb 2024

World Kinect Sees Quarterly Recovery in Marine Profits and Volumes in Q4

Taking 2023 as a whole, marine income sank by 47% to $82.3 million, while volumes dropped by 12% to 16.8 million mt.

23 Feb 2024

Missile Attack Boosts Oil Prices As Trading Reaches Upper End Of 2024 Range

Meanwhile, OPEC is credited for keeping the market slightly undersupplied.

22 Feb 2024

Weekly Vessel Scrapping Report 2024: Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 15 – February 21, 2024.

22 Feb 2024

EPS Orders Bound4Blue Suction Sails for Tanker

The firm expects the system to deliver an energy consumption cut of about 10%, subject to routing.

22 Feb 2024

Container Line Scrubber Savings Reach $13 Billion

The container segment saved $3.6 billion last year alone from its use of scrubbers.

22 Feb 2024

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

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

22 Feb 2024

Oil Rises As Traders Ignore Massive U.S. Stockpile Build, Favour Fujairah Draw

Meanwhile, Brent at $88 later this year is predicted.

22 Feb 2024

Galveston LNG Bunker Port Joins SEA-LNG

GLBP -- a joint venture between Seapath Group and Pilot LNG -- is seeking to use its membership to access LNG pathway research and networking opportunities.

21 Feb 2024

Equipment Firms and Shipyard Strike Deal to Facilitate Take up of Methanol Bunker Fuel

By creating a one-stop shop based at the shipyard.

21 Feb 2024

Confusing Market Signals Cause Oil Prices To Dip

But Bloomberg believes a robust outlook has been overlooked.

20 Feb 2024

Former Bergen Bunkers CEO Retires After 25 Years With Company

Sveinung Juvsett has retired from the company, having stepped down as CEO last year.

20 Feb 2024

BUNKER PRICES: G20-VLSFO Index Advances for Ninth Session

Ship & Bunker's G20-VLSFO Index gained $1/mt to $666/mt on Monday, remaining at the highest level since January 31.

20 Feb 2024

UK Reports New Drone Attack Off Yemen

A ship was hit by a drone 60 nautical miles north of Djibouti at the entrance to the Red Sea at about 6:20 PM UTC on Monday.

20 Feb 2024

Glander International Bunkering Signs AI-Based Bunker Optimisation Deal With Asyad Shipping

Under the deal Glander will provide an AI-based propulsion system, a digitalised bunker procurement solution and comprehensive bunker management to the shipping company.

20 Feb 2024

Bullish And Bearish News Ensures Oil Will Remain Rangebound, Says Analyst

Meanwhile, China reignites hopes for an economic recovery.

19 Feb 2024

'Very Promising Results' Reported from EverLoNG Carbon Capture Trial

A prototype EverLoNG SBCC prototype carbon capture system was installed on board the TotalEnergies-chartered ship Seapeak Arwa in September.

19 Feb 2024

Cargo Ship at Risk of Sinking After Houthi Attack: Report

The 32,200 DWT Belize-flagged general cargo vessel Rubymar was attacked on Sunday evening at the entrance to the Red Sea.

19 Feb 2024

BUNKER PRICES: G20-VLSFO Index Climbs for Eighth Session

Ship & Bunker's G20-VLSFO Index gained $4/mt to $665/mt on Friday, remaining at the highest level since January 31.

19 Feb 2024

Oil "Waddles" Upward As Geopolitical Tensions Cause Mild Concerns

Meanwhile, Russia makes good on its pledge to cut supplies.

16 Feb 2024