World News

Cosco Shipping Energy Transportation Orders 6 Methanol Fuelled Tankers

The crude oil tankers comprise of three Aframax, two Panamax and one MR tanker.

4 Jan 2024

Glander International Bunkering Appoints Head of Offshore

Danni Gregersen will be responsible for shaping the firm's offshore division, and overseeing performance and growth of its teams across the globe.

4 Jan 2024

Traders Give Oil A 3% Boost Over Concerns Of Temporary Oilfield Shutdown

Meanwhile, expectations remain for a drop in interest rates.

3 Jan 2024

Include NOx in Mediterranean ECA, Say NGOs

High levels of air pollution in ports around the Med prompt calls for nitrogen oxide to form part of already agreed MEDECA regulation.

3 Jan 2024

Missiles Fired in Red Sea Area

Latest action in high-risk Red Sea area resulted in no damage to shipping.

3 Jan 2024

BUNKER PRICES: G20-VLSFO Index Slips to Two-Week Low

Ship & Bunker's G20-VLSFO Index dropped to the lowest level since December 20 on Tuesday.

3 Jan 2024

Oil Starts The New Year Down As Analysts Disagree On Red Sea Severity

Meanwhile, Chevron announces a $4 billion impairment.

2 Jan 2024

Three Explosions Reported Near Ship in Red Sea

The incident happened about 33 nautical miles east of Assab in Eritrea at about 6:50 PM UTC on Tuesday.

2 Jan 2024

Maersk Halts All Red Sea Transits 'Until Further Notice'

The company is pausing Red Sea transits indefinitely while it assesses the security situation.

2 Jan 2024

Synergy Asia Bunkering Opens New Office in Cambodia

The new office will be involved in marine fuel and lubricant supply as well as other services.

2 Jan 2024

EU-ETS Rules for Shipping Come Into Effect Today

From January 1, 2023 the marine shipping industry is part of the European Union's Emissions Trading System.

1 Jan 2024

Maersk Pauses Red Sea Voyages for 48 Hours After Attacks

The company plans to hold off on Red Sea transits for 48 hours after one of its boxships came under attack twice over the weekend.

31 Dec 2023

Maersk Ship Attacked for Second Time in Red Sea

The 15,282 TEU Maersk Hangzhou was fired upon by four small boats from Houthi-controlled areas of Yemen after a missile attack a few hours earlier.

31 Dec 2023

Maersk Ship Hit by Missile in Red Sea

The missile hit the 15,282 TEU Maersk Hangzhou at about 8:30 PM local time on Saturday.

31 Dec 2023

Island Oil Wins ISCC Certification for Biofuel Bunker Supply

Two companies in the group -- trading arm Island Oil Ltd and physical supplier Island Petroleum Ltd -- have attained the ISCC EU certification.

29 Dec 2023

BUNKER PRICES: G20-VLSFO Index Declines

Ship & Bunker's G20-VLSFO Index lost $1.50/mt to $642/mt on Thursday, having risen by $6/mt the previous day.

29 Dec 2023

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

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

28 Dec 2023

Container Line Hapag-Lloyd to Continue Avoiding Red Sea and Suez

The company announced the decision in a note to customers on Wednesday.

28 Dec 2023

Oil Declines With Emerging Red Sea Optimism, But Critics Wary Of Circumstances

Meanwhile, U.S. crude inventories continue to build.

27 Dec 2023

BUNKER PRICES: G20-VLSFO Index Slips to Three-Day Low

Ship & Bunker's G20-VLSFO Index slipped to the lowest level since December 21 on Tuesday.

27 Dec 2023