World News

Oil Ekes Out Gains But Brent Weakening Versus Other Benchmarks

Brent's premium to WTI has also contracted.

8 Aug 2023

Hafnia Orders First Methanol-Fuelled Tankers

The company and its joint-venture partner Socatra have ordered four 49,800 DWT dual-duelled MR tankers from Guanghzhou Shipyard International in China.

8 Aug 2023

Shipping Firm MOL to Become Impact Partner to Global Centre for Maritime Decarbonisation

The company will provide access to its vessels, operating data and evaluation reports to help with the GCMD's projects.

8 Aug 2023

Peninsula Tasks Windward With Improving Compliance Processes

Windward will apply AI-driven insights to improve Peninsula's screening and due diligence procedures.

8 Aug 2023

Total of 17 Bunker Suppliers Delivered Contaminated Fuel in Houston and Singapore: VPS

VPS is aware of a total of 17 suppliers that delivered the fuel to a total of 32 vessels, a company representative clarified to Ship & Bunker on Tuesday.

8 Aug 2023

BUNKER PRICES: G20-VLSFO Index Climbs for Second Day

Ship & Bunker's G20-VLSFO Index rose by $3/mt to $657.50/mt on Monday, remaining at the highest level since February 17.

8 Aug 2023

Oil Declines On Black Sea Tension As Demand Strength Grows

Russia and Saudi Arabia continue to be trusted to keep the market tight.

7 Aug 2023

Contaminated VLSFO in Houston Was Also Supplied in Singapore

Of the 14 vessels that reported damage after using the contaminated fuel, 12 were bunkered at Houston and two in Singapore.

7 Aug 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since February 17 on Friday.

7 Aug 2023

World Fuel Services Becomes Global Distributor for Infineum Bunker Additives

Infineum's marine fuel additives are used to raise fuel efficiency, cut emissions and improve onboard operability.

7 Aug 2023

BUNKER JOBS: Baseblue Seeks Junior Bunker Traders in Europe and Hong Kong

The company is looking for candidates with excellent written and spoken English, and preferably some sales experience and native proficiency in another language.

7 Aug 2023

Maersk Heads for Seven-Year Low in Bunker Consumption as Fuel Efficiency Improves

The latest data from Maersk add to evidence that conventional bunker demand may have peaked.

4 Aug 2023

BUNKER PRICES: G20-VLSFO Index Breaks Longest Rising Streak in 18 Months

Ship & Bunker's G20-VLSFO Index declined for the first time since July 20 on Thursday.

4 Aug 2023

Maersk Raises 2023 Earnings Forecast, But Expects Sharper Fall in Global Container Shipments

The firm saw a profit of $1.49 billion in the second quarter of 2023, down from an $8.62 billion profit a year earlier.

4 Aug 2023

Oil Prices Rebound After Saudis, Russia, Pledge To Limit Supply

Meanwhile, economic performance in two countries is deemed worse than expected.

3 Aug 2023

Weekly Vessel Scrapping Report 2023: Week 30

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 27 – August 2, 2023.

3 Aug 2023

World's Largest Shipping Firm Joins Sea-LNG

The firm intends to use its membership to collaborate on the long-term prospects of bio- and synthetic LNG.

3 Aug 2023

More Than 40 Ships to Have Wind-Assisted Propulsion Systems by End of 2023

By the end of 2023, more than 40 vessels will have the systems installed or on order, up from 20 at the end of last year.

3 Aug 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since March 7 on Wednesday, and is now on the longest rising streak since January 2022.

3 Aug 2023

DNV Reports 14 LNG-Fuelled and 48 Methanol-Fuelled Ship Orders in July

Methanol-fuelled ship orders outstripped orders of LNG-fuelled vessels for a third straight month in July.

3 Aug 2023