World News

BUNKER PRICES: G20-VLSFO Index Slips for First in Four Sessions

Ship & Bunker's G20-VLSFO Index lost $2/mt to $672.50/mt on Wednesday, in its first daily decline since November 9.

16 Nov 2023

FEATURE: Researcher Warns of Hidden Emissions Caused by Ramp-Up of Alternative Fuels

A recently published academic paper warns more emissions-intensive feedstocks may start creeping into alternative fuel supply chains.

16 Nov 2023

Oil Plummets On Renewed Concerns Over Stock Builds, Rate Hikes

However, numbers suggest demand fears are overblown.

15 Nov 2023

Wärtsilä Launches First 4-Stroke Ammonia-Fuelled Engine

Viridis Bulk Carriers is planned to be the first shipowner taking on the new system, targeting the signing of a contract early next year.

15 Nov 2023

Bunker One Signs Deal to Market Bunker-Saving Catalyst to Shipping Customers

Purify Fuel's nanO2 fuel combustion catalyst can reportedly save ships 5.9-6.4% in bunker consumption.

15 Nov 2023

EU-ETS Could Cost Shipping Firms Half as Much as Bunkers: Yara

EUA purchases for shipping companies are set to become a significant cost, according to Yara Marine Technologies.

15 Nov 2023

Fuel to be Removed From Stranded Russian Tanker

But rescue attempts hampered by bad weather.

15 Nov 2023

Israel Conflict Halts Container Line's Mediterranean Service

The Chinese owner of four 2,518 TEU boxships in Kalypso di Navigazione's Asia-Med loop has blocked calls to Israel until further notice.

15 Nov 2023

BUNKER PRICES: G20-VLSFO Index Climbs for Third Consecutive Session

Ship & Bunker's G20-VLSFO Index reached the highest level since November 6 on Tuesday.

15 Nov 2023

Bunker Holding Seeks to Join Methanol Market

The company recently participated -- as yet unsuccessfully -- in two tenders launched by shipping companies seeking green methanol deals, Bunker Holding's Carlos Torres tells Ship & Bunker.

15 Nov 2023

Little Change for Oil After Mixed Signals From IEA

The Agency warns of a 60% reduction in demand next year.

14 Nov 2023

IBIA CONVENTION: Investment for New Bunker Fuels Seen Driving Consolidation

The costs involved in getting into alternative fuel supply could drive a consolidation of the bunker industry, according to DNV's Martin Wold.

14 Nov 2023

Israeli Maritime Trade Made More Costly by Conflict

Ports have avoided attack but shipping routes are deemed risky.

14 Nov 2023

MSC Cruises Orders LNG-fuelled Duo

With option on further order.

14 Nov 2023

INTERVIEW: ZeroNorth Bunker Now Covers a Fifth of All Marine Fuel Sales

ZeroNorth Bunker's Kenneth Juhls tells Ship & Bunker the firm is aiming to break even next year after a period of rapid growth through acquisitions.

14 Nov 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since November 7 on Monday.

14 Nov 2023

CEO of LNG Bunker Supplier Avenir LNG Steps Down

Peter Mackey is stepping down as CEO and will remain with the company until the end of the first quarter of 2024 during the leadership transition.

14 Nov 2023

ZeroNorth Consolidates Bunker Services Into Six Core Products

The firm is consolidating all of its marine fuels offerings into six core products under the ZeroNorth Bunker brand after a series of acquisitions in recent years.

14 Nov 2023

OPEC Optimism Boosts Trading Morale, Oil Gains Over 1%

But disagreement abounds about whether this is a rally or a blip.

14 Nov 2023

IBIA CONVENTION: Cockett CEO Sees CII Regulation Raising Bunker Use for Some Ships

"It creates a lot of complexity on the operational side, but it also has a real-life impact," Cockett's Cem Saral said at the IBIA convention last week.

13 Nov 2023