World News

Chile's Agunsa Targets Bunker Sales Expansion in Europe and Africa

The firm recently hired Emilce Iglesias from Minerva Bunkering as its senior trader in Las Palmas with a view to increasing sales in the area, an Agunsa source tells Ship & Bunker.

15 Sep 2023

Pricing Platform ENGINE Launches New Bunker Trading Firm

ENGINE X will be a separate entity, a company source tells Ship & Bunker. ENGINE was originally part of Navig8 Group before being spun off.

15 Sep 2023

BUNKER PRICES: G20-VLSFO Index Advances to Seven-Month High

Ship & Bunker's G20-VLSFO Index reached the highest level since February 13 on Thursday.

15 Sep 2023

LISW23: Incoming IMO Secretary General Vows to Address CII Concerns

"We are hearing you loud and clear," Arsenio Dominguez responded to CII criticism at a London International Shipping Week event.

15 Sep 2023

Oil Makes Strong Rebound As Supply Tightness Indicators Grow

But next week's Fed rate hike decision could prove disruptive.

14 Sep 2023

Weekly Vessel Scrapping Report 2023: Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 7 – September 13, 2023.

14 Sep 2023

New Methanol-Fuelled Boxship Laura Maersk Completes Naming Ceremony

The 2,100 TEU vessel has been named Laura Maersk, in memory of Peter Mærsk Møller's first steamship the Laura in 1886.

14 Sep 2023

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Ship & Bunker's G20-VLSFO Index reached the highest level since February 15 on Wednesday.

14 Sep 2023

LISW23: 'Shipping Isn't Going to Get to Choose What Our Future Fuel Is'

Karrie Trauth, SVP for maritime and shipping at Shell, addressed the future of the shipping industry's energy requirements in a panel session at the London International Shipping Week headline conference on Wednesday.

14 Sep 2023

New Maersk-Backed Firm Plans 3 Million MT/Year of Methanol Production

The company has hired Brian Davis, formerly chief commercial officer at Marathon Petroleum, as its CEO.

14 Sep 2023

Oil Loses Steam As "Surprise" Inventory Build Puzzles Analysts

But the consensus continues to be tight supplies and high demand moving forward.

13 Sep 2023

Ursula von der Leyen Highlights Methanol-Fuelled Shipping in State of the EU Address

Von der Leyen has been named as godmother of the new Maersk feeder vessel, and is scheduled to appear at the ship's naming ceremony in Copenhagen on Thursday.

13 Sep 2023

Methane Emissions Abatement Sea Trial Set for LNG Carrier

To reduce methane slip in older marine engines.

13 Sep 2023

Wärtsilä to Supply Propulsion Systems for Methanol-Fuelled Stena Line RoRo Vessels

The vessels are under construction at the China Merchants Jinling shipyard, and will be deployed upon delivery in the Irish Sea.

13 Sep 2023

Wilhelmsen Ship Management to Manage Three Avenir LNG Bunker Vessels

The two companies have signed a deal handing over the management of the Avenir Achievement, Avenir Ascension and Avenir Aspiration.

13 Sep 2023

LISW23: IMO's Kitack Lim Sees GHG Strategy Deal as Greatest Achievement

Lim was speaking at the opening of the London International Shipping Week headline conference at the IMO headquarters in the UK capital on Wednesday.

13 Sep 2023

New Maersk Methanol-Fuelled Feeder Vessel to Bunker Every Five Weeks at Rotterdam

AP Moller-Maersk's new 2,100 TEU dual-fuelled feeder vessel arrived at Copenhagen on Wednesday morning.

13 Sep 2023

BUNKER PRICES: G20-VLSFO Index Advances to Seven-Month High

Ship & Bunker's G20-VLSFO Index reached the highest level since February 16 on Tuesday.

13 Sep 2023

OPEC Inspires More Gains For Oil, But Rally May Be Short Lived

Tuesday ended with news of a substantial U.S. stockpile build.

13 Sep 2023

BP CEO Bernard Looney to Step Down

Looney has worked for BP since 1991, and became CEO in July 2020.

12 Sep 2023