World News

Tuesday Sees Another Session of Oil Losses

China's economy was said to be the driving factor.

15 Aug 2023

BUNKER PRICES: G20-VLSFO Index Holds Steady as Oil Slips

Ship & Bunker's G20-VLSFO Index was little changed at $662.50/mt on Monday, remaining near a six-month high reached late last week.

15 Aug 2023

Oil Dips on China Pessimism As Analysts Differ On Upcoming Trading Trends

One expert thinks a return to $100 oil is entirely possible.

14 Aug 2023

BUNKER PRICES: G20-VLSFO Index Retreats From Six-Month High

Ship & Bunker's G20-VLSFO Index fell by $5/mt to $662.50/mt on Friday, having reached the highest level since February 16 on Thursday.

14 Aug 2023

China Overtakes Greece as Largest Shipowning Nation

China now controls 249.2 million GT of tonnage, compared with Greece's 249 million GT.

14 Aug 2023

Oil Logs 7th Straight Weekly Gain But One Analyst Thinks The Rally Has Stalled

Meanwhile, international groups see huge demand ahead.

11 Aug 2023

Australian Strike May Prompt Surge in LNG Bunker Prices

European gas markets jumped on Wednesday after workers at Woodside Energy Group and Chevron's LNG facilities in Australia voted to strike.

11 Aug 2023

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

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

11 Aug 2023

Monjasa Sells Controlling Stake in Consultancy RelateIT

The firm has sold the 70% stake to Nordic software developer Twoday, a company spokesman tells Ship & Bunker.

11 Aug 2023

Weekly Vessel Scrapping Report 2023: Week 31

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 3 – August 9, 2023.

10 Aug 2023

Stolt-Nielsen Appoints New CEO

Niels G Stolt-Nielsen will step down as CEO after 25 years at the helm as of September 1.

10 Aug 2023

International Seaways Orders Two New Scrubber-Fitted LNG-Ready Tanks

The company has ordered the dual-fuel-ready LR1 tankers from K Shipbuilding Co in South Korea for delivery in the second half of 2025.

10 Aug 2023

Titan Converts LNG Carriers to Bunker Delivery Vessels

The Titan Unikum was converted at the Metalships & Docks shipyard in Spain, while the Titan Vision was converted at the PaxOcean shipyard in Indonesia.

10 Aug 2023

BUNKER PRICES: G20-VLSFO Index Advances

Ship & Bunker's G20-VLSFO Index rose by $5/mt to $657/mt on Wednesday, having slipped by $5.50/mt the previous day.

10 Aug 2023

Tightness Returns To The Spotlight As Oil Briefly Touches Multi-Month Highs

Meanwhile,the Black Sea tensions may dictate trading ahead.

9 Aug 2023

Cargill Signs Three-Year Deal With Vessel Optimisation Firm ZeroNorth

ZeroNorth will become Cargill's primary software provide for vessel and voyage optimisation under the three-year deal.

9 Aug 2023

COSCO Takes Delivery of Scrubber-Fitted 24,188 TEU Boxship

The delivery underlines the ongoing prominence of HSFO in the bunker market as some of the world's largest container ships are delivered with scrubber systems.

9 Aug 2023

DB Schenker to Cut Carbon Emissions Through Hapag-Lloyd's Use of Biofuels

The firm plans to claim about 3,000 mt of CO2 equivalent emissions avoidance through the service, based on 1,000 mt of pure biofuel use.

9 Aug 2023

BUNKER PRICES: G20-VLSFO Index Slips for First Session in Three

Ship & Bunker's G20-VLSFO Index reached the lowest level since August 3 on Tuesday.

9 Aug 2023

Viswa Group Hires Regional Survey Manager in Rotterdam

Martin Speksnijder has joined the firm as regional manager surveys in Rotterdam as of last month.

9 Aug 2023