World News

Shipping Firm Norden Appoints Bunkers Lead

The firm's new bunkers lead was previously senior bunker manager in the US.

18 Jul 2023

More Disappointing China Data Disrupts Oil Rally, Prices Down 1.7%

Meanwhile, traders mistake old news for new and briefly propel Brent beyond $80.

17 Jul 2023

Global Q2 VLSFO Off-Spec Rate Drops to Lowest Since 2021: Verifuel

The global Q2 VLSFO off-spec rate dropped to the lowest level since the end of 2021 in the second quarter, a Verifuel representative tells Ship & Bunker.

17 Jul 2023

Red Sea: UN Ship Heads to FSO Safer to Transfer Crude oil

STS operation to remove million barrel cargo starts next week

17 Jul 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since June 22 on Friday.

17 Jul 2023

Oil Achieves Weekly Gain But Daily Loss As Analysts Disagree On Upcoming Market Momentum

Meanwhile, China continues to be viewed as a lodestone for demand growth.

14 Jul 2023

MAN Sees Ammonia Meeting 27% of 2050 Bunker Demand, Now IMO Needs Clear Regs on Carbon-Neutral Fuels

"We provide the decarbonising technology, the maritime industry must show the will to implement it," says Bjarne Foldager, Head of Two-Stroke Business.

14 Jul 2023

MAN B&W Competes First Test Run of an Ammonia Marine Engine

MAN Energy Solutions expects delivery of the first ammonia engine around 2026.

13 Jul 2023

Weekly Vessel Scrapping Report 2023: Week 27

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 6 – July 12, 2023.

13 Jul 2023

IMO Set to Consider 3 More ECAs

The new zones could come into force as early as 2027.

12 Jul 2023

Oil Swings Back To Positive As China Strategizes To Boost Economy

Meanwhile, Russia's seaboard exports are starting to diminish.

11 Jul 2023

IMO Approves Use of E-BDNs

Traditional paper BDNs or BDNs in digital form are now valid providing they meet the relevant requirements of MARPOL Annex VI.

11 Jul 2023

ICS Moves to Put Levy on Ship Emissions from 2025

A levy by 2025 "will be vital it we are to reach a take-off point by 2030" says ICS deputy general secretary Simon Bennett.

11 Jul 2023

Oil Dips As Nervous Traders Re-focus Attention On Rate Hikes

Meanwhile, Russia may not deliver its promised August output cutback.

10 Jul 2023

Maersk Takes Delivery of First Methanol-Fuelled Boxship

The notable vessel is set to be the world's first container ship to sail on green methanol.

10 Jul 2023

IBIA's Unni Einemo to Join Nuclear Tech Firm Core Power

Einemo will join Core Power on August 21.

10 Jul 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since June 28 on Friday.

10 Jul 2023

Oil Ends Week On 3% High As Traders React To Global Supply Tightening

But the bullish sentiment in the face of rate hikes may be fleeting.

7 Jul 2023

MEPC80: IMO Line on Carbon Offsetting Remains Ambiguous For Now

The UN body is remaining coy about whether it will allow the use of carbon offsets to achieve its decarbonisation goals, according to Tristan Smith and Alison Shaw of UMAS.

7 Jul 2023

Emulsion Fuels Firm Quadrise Carries Out Additional Share Placement

The company has placed an additional 88 million shares at 1.25 GBp each.

7 Jul 2023