World News

Tanker on Fire After Baab al-Mandab Missile Attack

The missile came from a Houthi-controlled area of Yemen.

12 Dec 2023

OPEC Skepticism Prevails As Oil Prices Eke Out Minimal Gains

But one analyst dismisses demand concerns by citing history.

12 Dec 2023

Malik Supply Hires Bunker Trader for Greenlandic Department

The new hire previously served as global category manager for freight and logistics at Wrist Ship Supply.

11 Dec 2023

COP28: Singapore, LA Deepen Decarbonisation Ties

With partnership announcement on green corridor strategy.

11 Dec 2023

French Warship Targeted by Drones in Red Sea

Two drones approached the French Navy frigate Languedoc in the Red Sea from the direction of Yemen on Saturday night.

11 Dec 2023

BUNKER PRICES: G20-VSLFO Index Sinks for Sixth Day

Ship & Bunker's G20-VLSFO Index dropped to the lowest level since July 26 on Friday.

11 Dec 2023

Yemen's Houthis to Target All Ships Heading to Israel

The group plans to target all ships heading for Israeli ports, regardless of the nationality of their owners.

10 Dec 2023

Oil Logs 7th Weekly Decline As Friday Recovery Pummelled By Demand Concerns

Promising U.S. data was also offset by pessimism over China.

9 Dec 2023

Maersk's Next Methanol-Fuelled Boxship to Join Market in January

The naming ceremony for the 16,000 TEU boxship will be held at its shipyard in South Korea in late January, after which it will join the company's AE7 Asia-Europe service.

8 Dec 2023

Euronav Orders Third Ammonia-Ready VLCC

The firm has added a third VLCC to its order of two ammonia-ready vessels made earlier this year from Qingdao Beihai in China.

8 Dec 2023

Maersk Adds Emergency Risk Surcharge to Israel Container Shipments

The company will add an emergency risk surcharge of $50 per 20-foot container and $100 per 40- and 45-foot container to all new shipments to Israel from January 8.

8 Dec 2023

COP28: Pacific International Lines and DP World Plan Biofuel Bunker Collaboration

Over the longer term, the companies plan to explore the use of other alternative fuels including synthetic LNG, green methanol and green ammonia.

8 Dec 2023

BUNKER PRICES: G20-VLSFO Index Drops to Four-Month Low

Ship & Bunker's G20-VLSFO Index sank with crude futures to the lowest level since July 27 on Thursday.

8 Dec 2023

Weekly Vessel Scrapping Report 2023: Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 30 – December 6, 2023.

7 Dec 2023

INSIGHT: Are We About to Hit an Alternative Credit Squeeze?

Paul Hardy of brokerage NSI discusses the impact on bunker markets of the Eu-ETS and growth in biofuel supply.

7 Dec 2023

BUNKER PRICES: G20-VLSFO Index Sinks for Fourth Session

Ship & Bunker's G20-VLSFO Index sank to the lowest level since July 31 on Wednesday.

7 Dec 2023

CMA CGM Shifts Boxship Order From Methanol Propulsion to LNG

The firm's September order of eight 9,200 TEU container ships from Shanghai Waigaoquao Shipbuilding will now come with LNG propulsion rather than methanol.

7 Dec 2023

UK MTO Warns of Drone Incident Off Yemen

UK Maritime Trade Operations (UK MTO) has reported an incident involving a drone off the western coast of Yemen on Wednesday.

6 Dec 2023

MAN Sees Wave of Methanol-Fuelled Ship Orders

The company has signed a deal with Japan's Tsuneishi Shipbuilding for three methanol main engines for three 81,200 DWT bulkers on order for shipping firm J Lauritzen.

6 Dec 2023

GCMD: We May Need Carbon Price in $300s/MT to Make Alternative Bunkers Attractive

GCMD CEO Lynn Loo suggests both a high carbon price and a sharp drop in alternative fuel costs will be needed to spur maritime decarbonisation.

6 Dec 2023