World News

Bearish Sentiment Deepens Despite Significant Output Cut Extensions

Not even a record U.S. airline travel Friday could break the trading gloom.

4 Jul 2023

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

Ship & Bunker's G20-VLSFO Index reached the highest level since June 26 on Friday.

3 Jul 2023

MEPC80: IMO Moves Towards 2050 Net Zero Target for Shipping; Interim Targets Remain Up in the Air

The IMO MEPC 80 meeting in London this week will set a revised strategy for shipping's decarbonisation.

3 Jul 2023

Green Shipping Corridor Planned Between Los Angeles and Nagoya

The two port authorities have signed a memorandum of understanding to broaden cooperation on sustainability initiatives over the next three years.

30 Jun 2023

BUNKER PRICES: G20-VLSFO Index Rises for First Day in Five

Ship & Bunker's G20-VLSFO Index rose by $5.50/mt to $594/mt on Thursday, returning to Tuesday's level.

30 Jun 2023

Bunker Holding Calls for 'Ambitious Goals' From IMO Ahead of Key MEPC80 Meeting

"The only way to finance this major transition is by IMO setting some quite ambitious goals," Bunker Holding CEO Keld Demant tells Ship & Bunker.

30 Jun 2023

ZeroNorth A/S Reports $32.8 Million Loss in 2022

The 2022 loss of $32.8 million follows an $8.2 million loss in 2021, while revenues more than doubled to $6.8 million.

30 Jun 2023

S&B MARKET SURVEY: Global Bunker Hub Demand Gained 3.1% on Year in Q1

But 2050 Marine Energy's Adrian Tolson warns "we may be seeing the calm before the storm."

30 Jun 2023

Weekly Vessel Scrapping Report 2023: Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 22 – June 28, 2023.

29 Jun 2023

Sea-LNG Calls For Full Lifecycle Bunker Emissions Analysis From IMO

Sea-LNG has reiterated its call for emissions analysis of bunker fuels to be carried out on a full well-to-wake basis.

29 Jun 2023

BUNKER PRICES: G20-VLSFO Index Sinks to Two-Week Low

Ship & Bunker's G20-VLSFO Index reached the lowest level since June 13 on Wednesday.

29 Jun 2023

INTERVIEW: Bunker Holding Sees Market Normalising in 2023

CEO Keld Demant discusses Bunker Holding's record performance, its outlook for the market and how it will reinvest its profits, in an interview with Ship & Bunker.

29 Jun 2023

Oil Prices Do An About Face On Massive Inventory Draw

But rate hikes could still ruin bullish sentiment, warn analysts.

28 Jun 2023

UECC Takes on Biofuel Bunker Blend for First Time

Biofuel supplier GoodFuels delivered 470 mt of a B30 blend to the Emerald Leader, chartered by UECC and owned by NYK, at Vlissingen on May 27.

28 Jun 2023

NABU: Cruise Sector Better But There's More to be Done

According to NGO's annual assessment of cruise firms' movement towards green goals.

28 Jun 2023

Wärtsilä to Retrofit Stena Line Ferries to Methanol Propulsion

The firm signed a deal with Stena earlier this month to convert an unspecified number of ferries.

28 Jun 2023

BUNKER PRICES: G20-VLSFO Index Slips to Two-Week Low

Ship & Bunker's G20-VLSFO Index reached the lowest level since June 15 on Tuesday.

28 Jun 2023

Second Fratelli Cosulich LNG Bunker Delivery Vessel Launches in China

The 5,300 DWT vessel, named Paolina Cosulich, has 8,200 m3 of LNG capacity, 500 m3 of MGO capacity and is due for delivery in the first quarter of next year.

28 Jun 2023

INTERVIEW: A New Facility That Could Be Key to Net-Zero Shipping Is Under Construction

It is now recognized that carbon removal will be necessary to counterbalance residual emissions, Carbon Engineering VP Anna Stukas tells Ship & Bunker.

28 Jun 2023

Mitsui O.S.K. Lines Backs Direct Air Capture of Carbon to Meet Net Zero Goals

To achieve our net-zero emissions by 2050, reducing our emissions ... is no longer enough, says President & CEO Takeshi Hashimoto.

28 Jun 2023