World News

Oil Drops 2% As U.S. Credit Rating Downgrade Obliterates Bullish Sentiment

Meanwhile, data suggests the Russian price caps are ineffective.

2 Aug 2023

Bunker Margins for World Kinect, Previously Known as World Fuel Services, Sink to Lowest Level Since 2021

The firm sold 4.2 million mt of bunker fuel in Q2, its lowest total since the second quarter of 2020.

2 Aug 2023

Royal Den Hartogh Joins OCI HyFuels on Methanol Bunkering

The two firms recently bunkered a ship with an MD97 blend containing 97% methanol mixed with additives to give it diesel-like properties.

2 Aug 2023

Maersk Takes on Waste Heat Recovery Systems to Cut Bunker Bills

Hyundai Heavy Industries has ordered the systems from Climeon for six 17,200 TEU boxships under construction for Maersk in South Korea.

2 Aug 2023

Shipping Firm Norden Buys Stake in Biofuel Producer

MASH Makes's first biofuel product is in a late development stage, with trials expected on board Norden ships early next year.

2 Aug 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since April 17 on Tuesday, and the index is now on its longest rising streak since January.

2 Aug 2023

Oil Prices Dip, But Analytical Sentiment Is Bullish As Demand Remains Strong

Still, the commodity is viewed as being overbought.

1 Aug 2023

BUNKER JOBS: Hapag-Lloyd Seeks Green Fuels Business Development Manager

The company is looking for candidates with several years of experience in energy, bio and synthetic gas or green fuels projects and technologies.

1 Aug 2023

BUNKER PRICES: G20-VLSFO Index Climbs for Seventh Consecutive Session

Ship & Bunker's G20-VLSFO Index rose by $4.50/mt to $633.50/mt on Monday, remaining at the highest level since April 19.

1 Aug 2023

Wärtsilä to Supply Auxiliary Engines for Methanol-Fuelled CMA CGM Boxships

The 15,000 TEU vessels were ordered in the second quarter of this year, are being built at the Dalian Shipbuilding yard in China and will be CMA CGM's first ships to run on methanol.

1 Aug 2023

FEATURE: Why Has No-one Named the Source of the Latest Houston Bunker Contamination?

Ship & Bunker talks to fuel testing agencies, industry bodies, and port authorities for their take on who should be identifying the source of bad bunkers.

1 Aug 2023

Oil Ends Month With A Bang, Analysts Think Bullish Spirit May Endure

But Stratas Advisors warns of continued headwinds.

31 Jul 2023

BUNKER JOBS: Oilmar Seeks Bunker Traders Across Multiple Offices Worldwide

The company is looking for candidates with experience as a bunker trader managing a consistently profitable book.

31 Jul 2023

Maran Tankers Takes on Fourth LNG-Fuelled VLCC

The firm took delivery of the dual-fuelled 320,500 DWT tanker Maran Dione on July 27.

31 Jul 2023

BUNKER PRICES: G20-VLSFO Index Rises for Sixth Consecutive Session

Ship & Bunker's G20-VLSFO Index rose by $6.50/mt to $629/mt on Friday, remaining at the highest level since April 19.

31 Jul 2023

X-Press Feeders Secures Green Methanol Bunker Supply From OCI Global

Under the deal OCI Hyfuels will supply the shipping company with green methanol at Rotterdam from 2024.

28 Jul 2023

VPS Carries Out Quantity Survey on Singapore's First Methanol Bunkering

The firm was appointed by AP Moller-Maersk and Hong Lam Marine to oversee the bunkering of Maersk's new methanol-fuelled feeder vessel in Singapore on July 27.

28 Jul 2023

BUNKER PRICES: G20-VLSFO Index Rises for Fifth Consecutive Session

Ship & Bunker's G20-VLSFO Index reached the highest level since April 19 on Thursday.

28 Jul 2023

Oil Re-enters Overbought Territory As Traders Resume Worrying About Supply

Meanwhile, more bank rate hikes in Europe are overlooked.

27 Jul 2023

Weekly Vessel Scrapping Report 2023: Week 29

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 20 – July 26, 2023.

27 Jul 2023