World News

Moscow Ceasefire Rejection By U.S. Propels Oil Prices Upward

OPEC's bullish demand outlook also supported oil on Tuesday.

13 Feb 2024

VPS: Fuel Quality in Emergency Equipment

Wolf Rehder, area manager for Germany at VPS, discusses how fuel quality issues can affect emergency equipment.

13 Feb 2024 · Wolf Rehder, VPS Area Manager Germany

BUNKER PRICES: G20-VLSFO Index Advances for Fourth Session

Ship & Bunker's G20-VLSFO Index gained $1/mt to $658/mt on Monday, remaining at the highest level since February 1.

13 Feb 2024

Cavotec Signs $5.7 Million Container Ship Shore Power Retrofit Deal

The company will retrofit a major European shipping line's vessels with shore power equipment throughout the course of this year.

13 Feb 2024

Core Power Hires US Nuclear Regulation Expert in Washington

The new hire was previously chief of staff at the US Nuclear Regulatory Commission.

13 Feb 2024

New Airbus Ro-Ro Vessels to Take on Norsepower Rotor Sails

The ships, being built by France's Louis Dreyfus Armateurs, will each be equipped with six 35 m rotor sails.

13 Feb 2024

Oil Stuck In A Rut As Pundits Disagree On Market Conditions

Meanwhile, the Saudis aim to sell more of Aramco.

12 Feb 2024

Houthi Missile Attack Hits Bulker Shipping Corn to Iran: Report

The ship was the Star Iris, carrying a corn cargo from Brazil to Iran.

12 Feb 2024

Used Oils and Agricultural Waste Make Viable Bunker Fuel

According to research published by a UK university

12 Feb 2024

BUNKER PRICES: G20-VLSFO Index Climbs to One-Week High

Ship & Bunker's G20-VLSFO Index jumped to the highest level since February 1 on Friday.

12 Feb 2024

New Missile Attack on Commercial Ship Reported Off Yemen

The incident happened 40 nautical miles south of Al Mukha at the entrance to the Red Sea at about 0:35 AM UTC on Monday.

12 Feb 2024

Middle East Causes Weekly Gain For Oil, But Market Needs "Major Bullish Headlines"

Meanwhile, Venezuela may become another source of geopolitical tension.

9 Feb 2024

EMSA Publishes Biofuel Bunkering Safety Study

The study examines safety aspects including flashpoint, toxicity and cold flow properties.

9 Feb 2024

Global VLSFO Off-Spec Rate Sank in 2023: Verifuel

About 1.5% of the VLSFO samples analysed by Verifuel in the fourth quarter of 2023 were found to be off-specification.

9 Feb 2024

BUNKER PRICES: G20-VLSFO Index Advances to One-Week High

Ship & Bunker's G20-VLSFO Index rose to the highest level since February 2 on Thursday.

9 Feb 2024

Smyril Line Orders Two Methanol-Ready Ro-Ro Cargo Vessels

The ships are due to enter service in the North Atlantic in 2026.

9 Feb 2024

World Shipping Council Calls for Increased EU Alternative Bunker Fuel Production

The proposed target will necessitate national governments within the EU committing to raise alternative fuel production levels, according to the WSC.

9 Feb 2024

Interactive Report: Taking the Long Way Around - Ships Divert From the Panama Canal

S&P Global Commodity Insights looks at how how ship operators must decide between weeks-long wait times or take longer alternative routes that could pass through war-torn waters.

8 Feb 2024 · S&P Global Commodity Insights

Weekly Vessel Scrapping Report 2024: Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 1 – February 7, 2024.

8 Feb 2024

"Delusional" Ceasefire Proposal Boosts Oil - But Prices Remain Rangebound

Meanwhile, Moller-Maersk chief says hazards in the Red Sea are worsening.

8 Feb 2024