World News

Almost 10% of Shipping Execs Expect Nuclear Propulsion Within a Decade

About 9% of the 130 C-suite decision-makers in shipping surveyed for the ICS Maritime Barometer Report 2022-23 said nuclear commercial vessels would be viable within the next decade.

17 May 2023

FOBAS: Low Flash Point MGO Fuels in Naples and Salerno, Italy

FOBAS highlights some MGO samples it has recently seen in Italy with flashpoints below specification.

17 May 2023

BUNKER PRICES: G20-VLSFO Index Rallies

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports jumped by $7.50/mt to $580.50/mt on Tuesday, reaching the highest level since May 12.

17 May 2023

Oil Resumes Losses As Baffled Analysts Point To A Host Of Bullish News

Meanwhile, the IEA raised global demand forecasts based on strong numbers.

16 May 2023

MSC Trials of Quadrise Emulsion Fuel Slated for Q4

The firm is expected to start testing the fuel on board the MSC Leandra in the fourth quarter of this year.

16 May 2023

Peninsula Expands European Credit Facility

The extended financing will be used in part to cover the firm's moves into supplying LNG and biofuel bunker blends, a company source tells Ship & Bunker.

16 May 2023

EU: Indian Products Exports Possible Route for Sanctioned Russian Oil

EU foreign policy head suggests those buying the product require greater scrutiny.

16 May 2023

Power Firms Move Together on Marine Fuel Cell Proposal

GE Power Conversion and Nedstack extend partnership to fit fuel cells into merchant ships' power systems.

16 May 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $9/mt to $573/mt on Monday, reaching the lowest level since May 4.

16 May 2023

Euronav CEO Steps Down

De Stoop's departure is 'by mutual agreement', and with a majority of the firm's supervisory board supporting the decision.

16 May 2023

Maersk Tankers Hires New CEO

The firm's previous CEO, Christian Ingerslev, has been appointed CEO of Maersk Supply Service.

15 May 2023

Eco-tonnage in Demand for Coming CII, EU ETS Regimes

As older ships fall out of favour.

15 May 2023

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 $582/mt on Friday, paring its weekly gain to $8/mt.

15 May 2023

IMO Sub-Committee Accepts Use of E-BDNs

IBIA had proposed to PPR 10 that both physical and digital BDNs should be acceptable for the purposes of recording fuel oil consumption for MARPOL Annex VI requirements.

12 May 2023

Höegh Autoliners Signs Green Ammonia Bunker Supply Deal

The shipping firm sees the deal enabling it to power at least 5% of its deep-sea operation with green ammonia by 2030.

12 May 2023

Port of Rotterdam Plans Swappable Hydrogen Bunker Storage System

The port authority, the Province of Zuid Holland and more than 40 partners have launched a project to develop the use of hydrogen in inland and near-shore shipping.

12 May 2023

BUNKER PRICES: G20-VLSFO Index Declines for First Session in Five

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $3/mt to $584/mt on Thursday, in its first daily drop since May 4.

12 May 2023

Economic Jitters Cause More Crude Losses; Upbeat OPEC Outlook Ignored

OPEC sees a 2.3 percent rise in global oil demand this year.

11 May 2023

Weekly Vessel Scrapping Report 2023: Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 4 – May 10, 2023.

11 May 2023

Stena Sees Methanol Bunkering Risks Lower Than Conventional Fuels

The firm's experience with methanol has led it to conclude the risks associated with bunkering it are manageable.

11 May 2023