World News

Weekly Vessel Scrapping Report 2023: Week 39

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 28 – October 4, 2023.

5 Oct 2023

Oil Nosedives As JP Morgan Warns That "Demand Destruction Has Begun"

Meanwhile, OPEC decides to maintain its extended output cutbacks.

4 Oct 2023

Oil Ekes Out Gains Amid Higher Dollar And Concern Over OPEC Policy

Meanwhile, Iraq offers 30 oil and gas projects for international bid.

3 Oct 2023

Bunker Holding Group Boosts Biofuel Bunker Avails to 80+ Ports

Announcement comes ahead of Europe's EU ETS rules becoming applicable to the maritime industry from January 1, 2024.

3 Oct 2023

Shell Deploys New Caribbean-Based LNG Bunker Barge

Newbuild bunker tanker New Frontier 2 is in Jamaica.

3 Oct 2023

Oil Plummets On Sudden Fears Of Rising Stockpiles

Ironically, a massive amount of U.S. capacity is going offline between now and year-end.

2 Oct 2023

World's First Zero-Emission Fishing Vessel to Use Batteries, Hydrogen Fuel Cell System

Vessel will play a pivotal role in showcasing the feasibility, efficiency, and environmental benefits of fuel cells within the maritime industry, says Corvus Energy.

2 Oct 2023

Shipergy Hires Head of Credit and Compliance From Delta Energy

Chris Morgan has joined the company as head of credit and compliance as of this week, he tells Ship & Bunker.

2 Oct 2023

ANALYSIS: What is Driving the Narrowing of Global High/Low Sulfur Bunker Prices?

Global scrubber spreads, hovering near record lows for most of the summer, are expected to remain narrow for at least the next few months.

2 Oct 2023

Oil Rises Almost 30% For The Quarter, But Analysts Say The Commodity Is Overbought

Meanwhile, experts disagree on where prices will head in the near term.

29 Sep 2023

Airbus Takes on Bound4Blue Suction Sails for Ro-Ro Cargo Vessel

The company has signed a deal to equip its chartered vessel the Ville de Bordeaux, owned by Louis Dreyfus Armateurs, with three eSAIL suction sails.

29 Sep 2023

Norway's Skarv Shipping Orders Four Ammonia- and Methanol-Ready Multipurpose Vessels

The company has signed a deal with Huanghai Shipbuilding in China for four of the 7,000 DWT vessels, with the option for four more.

29 Sep 2023

New WinGD Ammonia-Fuelled Engine Gains Lloyd's Register Approval

The first engine in the series, the 52-bore X52DF-A, will be available from Q4 of next year and will be suitable for vessels including gas carriers and bulkers.

29 Sep 2023

Sea-LNG Warns of 'Colour Blindness' Over Methanol Bunkers

Sea-LNG's Peter Keller warns the shipping industry to keep an eye on the environmental credentials of the methanol being produced for use as bunkers.

29 Sep 2023

BUNKER PRICES: G20-VLSFO Index Jumps to Eight-Month High

Ship & Bunker's G20-VLSFO Index reached the highest level since February 1 on Thursday.

29 Sep 2023

Demand Destruction Again Influences Crude Trading, Prices Decline

Meanwhile, Saudi Arabia could upset near-term price prognostications.

28 Sep 2023

Weekly Vessel Scrapping Report 2023: Week 38

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 21 – September 27, 2023.

28 Sep 2023

CMA CGM Orders Eight More Methanol-Fuelled Boxships: Report

The order takes the French firm's total orderbook of methanol-fuelled vessels to 32 ships, or 409,600 TEU of capacity, representing 11.7% of the container line's capacity in its current fleet.

28 Sep 2023

TotalEnergies Renews ISCC Certification for Biofuel Bunker Supply

The firm has renewed its ISCC EU sustainability certification for biofuel supply in Singapore and Geneva.

28 Sep 2023

Two New Shore Power Facilities at Port of Kiel

The port inaugurated a 50/60 Hz connection for cruise ships and ferries and a 50 Hz one for ferries over the weekend.

28 Sep 2023