World News

"Rumour And Speculation" Cause Big Weekly Loss For Oil

Much faith is being placed on tentative Gaza talks.

2 Feb 2024

Yara Marine Technologies Acquired by Okapi Supply Trading Advisory

Geneva-based Okapi will use the acquisition to expand its maritime solutions portfolio.

2 Feb 2024

Hafnia Bunker Alliance Arranged Seven Biofuel Deliveries to Unigas in 2023

In total Hafnia has arranged between 10-15 biofuel stems for alliance members and its own fleet over the past three years, a company representative tells Ship & Bunker.

2 Feb 2024

Methanol-Fuelled Ship Orders More Than Double LNG in January: DNV

DNV's AFI platform noted a total of 23 orders of ships capable of running on methanol last month, versus ten for LNG.

2 Feb 2024

Bunker Firm Island Oil Announces New Expanded Board of Directors

The firm's board now consists of seven directors, with three executive members being appointed from within the group and a new non-executive member.

2 Feb 2024

BUNKER PRICES: G20-VLSFO Index Declines for First Session in Ten

Ship & Bunker's G20-VLSFO Index fell to the lowest level since January 26 on Thursday.

2 Feb 2024

Rising Trend in Fuel Pump Issues: 2023 Insights

In 2023, the maritime industry experienced a notable increase in fuel pump problems, according to Viswa Lab data.

1 Feb 2024

Weekly Vessel Scrapping Report 2024: Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 25 – January 31, 2024.

1 Feb 2024

New IMO Chief Discusses Bunker Industry's Readiness to Supply Low-Carbon Fuels

The UN body's revised GHG strategy should provide enough impetus for the industry to start shifting into alternative fuel supply, new IMO Secretary General Arsenio Dominguez tells Ship & Bunker.

1 Feb 2024

KPI OceanConnect Appoints Key Account Manager in London

The new manager has worked for the company since August 2019, serving previously as a bunker trader and operator in Rotterdam.

1 Feb 2024

SEA-LNG Disputes Methodology of LNG Bunker Methane Emissions Study

SEA-LNG released a press statement on Thursday saying the recent ICCT study 'suffers from a range of significant methodological limitations'.

1 Feb 2024

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

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

1 Feb 2024

China Fuels Crude Trading Woes, But Benchmarks Achieve Monthly Gains Anyway

Meanwhile, Middle East tensions are deemed unlikely to cause trading chaos.

31 Jan 2024

ZeroNorth Acquires Fleet Statistics Platform From Euronav

The Fleet Automatic Statistics and Tracking (FAST) platform collects high-frequency data in real time from sensors across Euronav's fleet.

31 Jan 2024

INTERVIEW: Baseblue Calls For Action Now on FuelEU Maritime Compliance

Dionysis Diamantopoulos, the new head of alternative fuels at Baseblue, sets out the firm's advice on how to cope with the upcoming FuelEU Maritime regulation.

31 Jan 2024

Hapag-Lloyd Saw Small Carried Volumes Gain in 2023 as Profits Slumped

The firm saw EBITDA of $4.8 billion last year, down by 15.6% on the year, while revenues dropped by 17% to $19.4 billion.

31 Jan 2024

Lloyd's Register to Work With Green Marine on Methanol-Fuelled Shipping

The two companies have formed a strategic partnership with a particular focus on training for shipping firms planning to build, retrofit or operate methanol-fuelled ships.

31 Jan 2024

Mixed Cargo Vessel Plans for 10% Energy Use Cut With Wind Propulsion System

Engineering firm Bound4Blue has been selected to install a 22m eSAIL on board the mixed cargo vessel Na Pae E Hiro.

31 Jan 2024

Multipurpose Vessel to Install Wind Propulsion System With UK Government Funding

GT Green Technologies has been awarded the grant to install a 20 m AirWing system on the 11,200 DWT ship Vectis Progress.

31 Jan 2024

BUNKER PRICES: G20-VLSFO Index Advances for Eighth Consecutive Session

Ship & Bunker's G20-VLSFO Index gained $1.50/mt to $665/mt on Tuesday, remaining at the highest level since November 24.

31 Jan 2024