World News

BUNKER PRICES: G20-VLSFO Index Slips for Second Day

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $2/mt to $608/mt on Wednesday.

22 Jun 2023

Glander International Bunkering Reports Record Earnings in 2022/23

No comparison can be made with the previous financial year, as the firm did not release its own results statement in June 2022.

22 Jun 2023

EU Ports Ban For Vessels Suspected of Ship-to-Ship Transfers of Russian Oil

EU member states agreed an 11th package of sanctions against Russia over the war in Ukraine on Wednesday.

22 Jun 2023

Oil Rebounds On Notion That Crop Shortages Will Boost Crude Demand

Traders were also bolstered by Fed remarks - even though more hikes are likely.

21 Jun 2023

Wallenius Wilhelmsen Takes on Biofuel Bunkers From ExxonMobil

Under the deal the shipping firm will purchase B30 blends containing 30% biofuel from ExxonMobil from next month onwards.

21 Jun 2023

Bunker Holding Hires Biofuel Development Manager

The new hire will start work at Bunker Holding next month.

21 Jun 2023

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

Ship & Bunker's G20-VLSFO Index fell by $1/mt to $610/mt on Tuesday, after reaching the highest level since April 25 on Monday.

21 Jun 2023

Bunker Holding Parent Firm Selfinvest Doubles Earnings to Record High

Bunker Holding itself saw pre-tax earnings of DKK 1.6 billion, up from DKK 644 million the previous year.

21 Jun 2023

Bunker Holding Plans LNG Bunker Activity With New Hire From TotalEnergies

The firm has hired an executive from TotalEnergies to work on LNG and ammonia as marine fuels.

21 Jun 2023

China Strategies Continue To Pressure Oil Prices As Risk-Off Sentiment Takes Hold

Meanwhile, Canada predicts total oil price collapse with net-zero success.

20 Jun 2023

Costamare Bulkers Hires Head of Bunkers in Greece

The new hire is based in Greece.

20 Jun 2023

BUNKER PRICES: G20-VLSFO Index Jumps to Eight-Week High

Ship & Bunker's G20-VLSFO Index reached the highest level since April 25 on Monday.

20 Jun 2023

Oil Traders Flip-Flop on China While Iran Is Cited as Upcoming Influence

Meanwhile, Russia's refineries are running full-steam.

19 Jun 2023

Marine Fuel Book-and-claim Pilot to Launch Later This Year

System would keep investment flowing into alt fuels sector.

19 Jun 2023

BUNKER PRICES: G20-VLSFO Index Jumps to Seven-Week High

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

19 Jun 2023

Teekay Tankers Orders Yara FuelOpt Systems for 25 Vessels

The additional 25 orders were made in the first and second quarters of this year.

19 Jun 2023

China Optimism Swings Back Full Force, Oil Ends With Weekly Gains

Meanwhile, Russia's exports continue to impress.

16 Jun 2023

Testing Firm SGS Joins Marine Fuels Alliance

The company is seeking to use its membership to promote its global BunkerPro service.

16 Jun 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since June 6 on Thursday.

16 Jun 2023

World Fuel Services Rebrands as World Kinect

The firm will be known as World Kinect Corporation as of Friday.

16 Jun 2023