World News

Oil Traders Reverse Course As U.S. Stock Draw Rekindles Supply Concerns

Meanwhile, analysts think the crude market will remain rangebound in 2024.

24 Jan 2024

ABS Provides Guidance on Use of Biofuel Bunker Blends

The organisation's guidance provides background information and guidance for the use of biofuels for class, EU and IMO requirements, as well as a summary of the considerations when transitioning to using the alternative fuels.

24 Jan 2024

'Wait and See' Attitude Will Not Deliver Progress on Decarbonisation: MOL

MOL CEO Takeshi Hashimoto spoke on a decarbonisation panel session at the World Economic Forum in Davos last week.

24 Jan 2024

Shipergy Signs Strategic Partnership With General Index

Under the deal Shipergy will provide daily pricing data for marine fuels to General Index, and in return will be able to provide General Index's benchmarks to customers through its platform.

24 Jan 2024

TotalEnergies LNG Bunker Barge Completes its Hundredth Operation

In southern French port of Marseilles.

24 Jan 2024

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

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

24 Jan 2024

US Targets Two Anti-Ship Missiles Aimed at Southern Red Sea

The US carried out the strikes at about 2:30 AM Sanaa time on Wednesday.

24 Jan 2024

Oil Down As Traders Seek Clarity On Market Conditions

Meanwhile, the U.S. reports a record-breaking mergers and acquisitions year.

23 Jan 2024

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

Ship & Bunker's G20-VLSFO Index rose to the highest level since January 5 on Monday.

23 Jan 2024

US Denies Houthi Attack on Military Cargo Ship in Gulf of Aden

Yemen's Houthi movement had said on Monday that it had targeted the cargo vessel Ocean Jazz, which has been used in the past by the US military, with a missile attack.

23 Jan 2024

Concerns Over Ukraine Drone Strike Send Oil Prices Upward

Meanwhile, the Saudi export more and produce less crude.

22 Jan 2024

EUAs for EU-ETS Compliance Drop Below €60/mt CO2e

The price of EUAs has dropped by more than €17/mt CO2e since the end of 2023.

22 Jan 2024

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

Ship & Bunker's G20-VLSFO Index rose to the highest level since January 8 on Friday.

22 Jan 2024

US Calls Off Search for Two Navy SEALs Reported Missing in Gulf of Aden

The SEALs were reported missing on January 11 and are now presumed to have died.

22 Jan 2024

Oil Dips, Traders Viewed As Needing A Steady Fix Of Geopolitical Drama

Meanwhile, indicators continue to show tightness and strong demand.

19 Jan 2024

Peninsula Sees Red Sea Crisis Boosting Canaries and Med Bunker Demand

These ports are likely to benefit once extra demand in Africa outpaces local availability, according to Peninsula CEO John Bassadone.

19 Jan 2024

BUNKER PRICES: G20-VLSFO Index Slips for Fourth Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $623/mt on Thursday, remaining at the lowest level since January 11.

19 Jan 2024

Oil Rebounds On Sudden Demand Optimism, Abating Red Sea Concerns

Meanwhile, Russia's oil export revenues decline.

18 Jan 2024

INSIGHT: The Bunker Industry's Evolving Cybersecurity Challenge

Glander CFO David Varghese shares his views on how the bunker industry can improve its practices around cybersecurity.

18 Jan 2024 · David Varghese, CFO, Glander International Bunkering

Weekly Vessel Scrapping Report 2024: Week 2

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 11 – January 17, 2024.

18 Jan 2024