World News

Saudi Restraint Vow Buoys Oil Prices, But Analysts Debate Efficacy

One prediction sees oil at over $100, but another warns of a plunge to below $70.

5 Jun 2023

Methanol-Fuelled Ship Orders Beat LNG Again in May: DNV

A total of seven LNG-fuelled ships and 12 methanol-fuelled ships were ordered last month.

5 Jun 2023

New Bunker Tanker Design Holds Biofuels and Captured Carbon

Technology and engineering firm Sener recently completed designing the new vessel.

5 Jun 2023

Admore Shipping Orders Carbon-Capture-Ready Scrubbers

The firm has ordered Filtree systems from Value Maritime for the three tankers for installation in the first quarter of 2024.

5 Jun 2023

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

Ship & Bunker's G20-VLSFO Index rose by $9.50/mt to $583.50/mt on Friday, paring its weekly loss to $1.50/mt.

5 Jun 2023

Oil Jumps After New OPEC+ Output Deal

The OPEC group and its allies including Russia agreed to extend their current production cuts into 2024 at a meeting in Vienna on Sunday.

5 Jun 2023

BUNKER JOBS: Bunker Firm Seeks Traders in Dubai and Houston

Vernon Jayanathan of Maritime Recruitment Company Ltd is seeking candidates for a marine fuels firm hiring traders in Dubai and Houston, he tells Ship & Bunker.

2 Jun 2023

Grimaldi Orders Two More Ammonia-Ready Pure Car and Truck Carriers

The firm exercised its option to order two more of the ships from China State Shipbuilding Corporation last week.

2 Jun 2023

BUNKER PRICES: G20-VLSFO Index Drops for Third Day

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $3/mt to $574/mt on Thursday, remaining at the lowest level since May 15.

2 Jun 2023

CMA CGM to Order Two Methanol-Ready LNG-Fuelled Ships

The orders are coming as part of CMA CGM's aim to modernise the La Méridionale fleet.

2 Jun 2023

Maersk Appoints Head of Fuel Infrastructure Development

The new role is within the firm's energy transition leadership team.

2 Jun 2023

World First for Port of Seattle with Latest Shore Power Connection

The third connection, at Pier 66, will make it the first port in the world with three of the systems available for cruise ships.

2 Jun 2023

Seaspan Takes Delivery of 15,000 TEU LNG-Fuelled Boxship

Samsung Heavy Industries in South Korea delivered the Zim Mount Blanc last week.

1 Jun 2023

J-ENG to Launch Ammonia-Fuelled Engine in 2025

The company expects to complete the development of its first ammonia-fuelled engine in 2025, and have a larger model available the following year.

1 Jun 2023

Singapore's CPIB Launches Corruption Investigation Into Seatrium

The investigation is over 'alleged corruption offences that occurred in Brazil', according to the CPIB.

1 Jun 2023

MSC Cruises Takes on Bio-LNG for Flagship's Maiden Voyage

The LNG-fuelled cruise ship MSC Euribia will run for four days on bio-LNG on its voyage from its shipyard in Saint-Nazaire to its naming ceremony in Copenhagen later this week.

1 Jun 2023

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

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

1 Jun 2023

Weekly Vessel Scrapping Report 2023: Week 21

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 25 – May 31, 2023.

1 Jun 2023

Oil Drops Again As Bearish Fixation Overlooks Strong U.S. News

Meanwhile, Julian Lee wants Russia to come clean with OPEC.

31 May 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $4/mt to $584.50/mt on Tuesday, reaching the lowest level since May 17.

31 May 2023