World News

Rotterdam LNG Shifts From $2,900 Premium to VLSFO to $87 Discount in 11 Months

Ship & Bunker data show shipowners with LNG-fuelled tonnage in Northwest Europe are now seeing the biggest discount to VLSFO since April 2021.

21 Jul 2023

BUNKER PRICES: G20-VLSFO Index Declines

Ship & Bunker's G20-VLSFO Index fell by $0.50/mt to $595/mt on Thursday, having climbed by $3/mt the previous day.

21 Jul 2023

Shipping Firm Amisco Takes on Bunker-Saving Air Lubrication System

Damen Shipyards Group has signed a deal to fit an Amisco cargo vessel with its Damen Air Cavity System.

21 Jul 2023

Oil Ekes Out Gains But Babin Laments "Low-Conviction Trading Action"

Other analysts view upcoming oil trading as rudderless.

20 Jul 2023

Deal Struck to Transport Green Methanol Bunkers

Carbon Sink and Rose Cay Maritime have signed a memorandum of understanding seeking to increase green methanol production, transportation, bunkering and storage at ports.

20 Jul 2023

Weekly Vessel Scrapping Report 2023: Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 13 – July 19, 2023.

20 Jul 2023

Shipbroker Braemar Adds Fuel Oil Cargo Swaps Pricing to Services

Shipping clients using the Braemar Screen will now be able to access live derivatives pricing for fuel oil and gasoil across Europe and Singapore.

20 Jul 2023

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

Ship & Bunker's G20-VLSFO Index rose by $3/mt to $595.50/mt on Wednesday, having dropped by $4/mt the previous day.

20 Jul 2023

Profit Taking Blunts Oil Traders' Optimism Over Tightening Supplies

Analysts think the road to $80 oil "shouldn't be too hard."

19 Jul 2023

Gasum LNG Bunker Delivery Vessel Completes 600th Operation

The Coralius has delivered a total of 137,180 mt of LNG bunkers since its first operation in 2017.

19 Jul 2023

CMA CGM to Overtake Maersk as Second-Largest Container Line: Report

CMA CGM currently has the second-largest vessel orderbook, at 1.24 million TEU, compared to MSC's 1.49 million TEU.

19 Jul 2023

Quantity Discrepancies Seen in 39% of Bunker Deliveries: FuelTrust

The firm analysed bunker delivery data covering the years 2019 to 2022 and has published a new report on its findings.

19 Jul 2023

BUNKER JOBS: Vadero Shipping Seeks Second Officer for Methanol Bunker Tanker

The company is looking for EU-based candidates with experience in the bunker industry.

19 Jul 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since July 7 on Tuesday.

19 Jul 2023

Testing Firm VPS Hires Head of Sustainable Fuels

The new hire was previously a technical director at Vickers Oils.

18 Jul 2023

New Entrant Joins Bunker Financing Market With $2 Million Deal

Germany-based Tradewind Finance has joined the market for the first time and arranged a $2 million credit facility for an undisclosed international bunker trading firm.

18 Jul 2023

Panama's Arsenio Dominguez Elected Next IMO Secretary General

Arsenio Antonio Dominguez Velasco, nominated by Panama, was elected at an IMO Council meeting in London on Tuesday.

18 Jul 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since July 11 on Monday.

18 Jul 2023

KPI OceanConnect Earnings More Than Triple in 2022/23

The firm saw earnings before tax of $49 million in the year to April 30, up from $15.4 million the previous year, after Bunker Holding's global accounts unit joined its organisation.

18 Jul 2023

IMO Council to Vote on New Secretary General

The current secretary general, Kitack Lim, will step down on December 31 at the end of his term of office.

18 Jul 2023