World News

Norwegian Firms Plan to Order Six Ammonia-Fuelled Bulkers

The firms plan to develop the design for a new 63,000 DWT dry bulk carrier, with Pherousa then going on to order up to six of the vessels and OSM Thome managing them.

22 Aug 2023

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

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

22 Aug 2023

Traders Waver Yet Again On China, Oil Extends Losing Streak

Meanwhile, analysts disagree on the market's health moving forward.

22 Aug 2023

First Methanol-Fuelled X-Press Feeders Boxship Launches

The dual-fuelled boxship Eco Maestro launched on Thursday, and will now undergo .machinery tests for the next few months

21 Aug 2023

IBIA on Mass Flow Meters: 'The Benefits Have Been Proven'

IBIA's Asia regional manager Siti Noraini Zaini sets out the industry body's position on MFMs, arguing international bunker ports will need to consider introducing them to remain relevant.

21 Aug 2023

BUNKER PRICES: G20-VLSFO Index Advances for First in Six Sessions

Ship & Bunker's G20-VLSFO Index rose by $1.50/mt to $654.50/mt on Friday, in its first daily gain since August 10.

21 Aug 2023

Oil's Two Month Winning Streak Ends Amid Heightened Fears Of Demand Decline

But once again, an equal amount of analyst think demand will be sustained.

19 Aug 2023

10% Bunker Saving Expected for Cargill Bulker Installing Rotor Sail System

Tufton Investment Management's 82,000 DWT Kamsarmax bulker the TR Lady has been retrofitted with three 5*24 m rotor sails from Anemoi Marine Technologies.

18 Aug 2023

Why Do VLSFOs Still Require Quality Considerations?

Steve Bee, group commercial director at testing and decarbonisation advisory firm VPS, discusses the current state of play with VLSFO quality.

18 Aug 2023

BUNKER PRICES: G20-VLSFO Index Drops for Third Day

Ship & Bunker's G20-VLSFO Index fell by $3.50/mt to $653/mt on Thursday, remaining at the lowest level since August 8.

18 Aug 2023

Analysts Forecast Everything From $100 Oil To Huge Surpluses As Prices Gain Minimally

Meanwhile, traders find sudden confidence in potential China rebound.

17 Aug 2023

Weekly Vessel Scrapping Report 2023: Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 10 – August 16, 2023.

17 Aug 2023

IBIA Hires Former IMO Emissions Chief as IMO Representative

Former IMO head of air pollution and energy efficiency Edmund Hughes will take on the role from September 1, an IBIA representative tells Ship & Bunker.

17 Aug 2023

Air Lubrication Firm Silverstream Hires CCO From Kongsberg Maritime

Alistair Mackenzie has joined the company as chief commercial officer.

17 Aug 2023

NYK Works on Ammonia Bunkering Boom

The firm has signed a deal with cargo handling equipment company TB Global Technologies to develop the device for transferring ammonia as a bunker fuel between ships.

17 Aug 2023

Odfjell to Install Suction Sails on Chemical Tanker

The vessel will be the first tanker to take on Bound4Blue's eSAIL system.

17 Aug 2023

BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low

Ship & Bunker's G20-VLSFO Index reached the lowest level since August 8 on Wednesday.

17 Aug 2023

Oil Continues Downward As China Concerns Continue Upward

Meanwhile, a huge U.S. inventory draw is dismissed as reactive.

16 Aug 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since August 9 on Tuesday.

16 Aug 2023

Euronav Expands VLCC Fleet

The firm has agreed to buy one new VLCC, with the option to take a second within the next two months.

16 Aug 2023