World News

Oilmar Appoints Chief Operating Officer

Rakesh Sharma has been appointed the firm's chief operating officer as of last month.

4 May 2023

Oil Takes Another Pummelling As Traders' Hopes For A Rebound Fade

Yet global markets remain on track to flip into a supply deficit.

3 May 2023

INSIGHT: EU Emissions Trading to Revolutionise Bunker Industry

Global marine fuels firm Glander International Bunkering sets out its view on the impact of the European Union adding shipping to its emissions trading system.

3 May 2023 · Glander International Bunkering

DNV Reports 10 LNG-Fuelled Ship Orders in April

The firm noted 10 orders of ships capable of running on LNG and nine methanol-fuelled ship orders last month.

3 May 2023

ZeroNorth Signs Strategic Partnership With Vitol

Under the deal Vitol will gain full access to ZeroNorth's platform and services, while ZeroNorth customers will be able to access Vitol Bunkers's carbon reduction and marine fuels services.

3 May 2023

Iran Detains VLCC in Strait of Hormuz

The Islamic Revolutionary Guard Corps Navy detained the VLCC Niovi in the Strait of Hormuz on Wednesday.

3 May 2023

Bunker Holding Hires Two Senior Decarbonisation Executives

Bunker Holding is seeking to become the leading provider of low-carbon bunker fuels.

3 May 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $7.50/mt to $601/mt on Tuesday, reaching the highest level since April 26.

3 May 2023

Maersk Decarbonisation Executive Steps Down

Berit Hinnemann, formerly head of green sourcing strategy and business development at Maersk, has left the company as of this month.

3 May 2023

Oil Plummets 5% On Prospect Of Washington Going Broke

Yet demand is still robust, according to U.S. inventory draws.

2 May 2023

Bunker Holding's Record Credit Expansion Locks in Sustainability Targets

Access to the firm's new $1.11 billion credit facility will be tied to sustainability targets, a spokesman for Bunker Holding tells Ship & Bunker.

2 May 2023

Spanish Navy Takes on Bunker-Saving Azipod Propulsion System

The system can save ships up to 20% in fuel consumption.

2 May 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $6.50/mt to $593.50/mt on Monday, reaching the lowest level since March 21.

2 May 2023

Scrubber Spread Dips Below $100/MT for First Time Since January 2021

Recent drops in the crude price have delivered a much narrower VLSFO-HSFO spread, meaning scrubber-equipped ships will be earning less money.

2 May 2023

StormGeo Bunker Manager on Secondment to MMMCZCS

Christian Plum, bunker product manager at StormGeo, has joined the MMMCZCS as secondee as of this month.

2 May 2023

Oil Traders Resume Bearish Stance Due To China, Commodity Drops Over 1%

Meanwhile, a host of bullish news flew under the radar.

1 May 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $2/mt to $600/mt on Friday, paring its weekly decline to $13/mt.

1 May 2023

Michael Bergendorff Steps Down From World Fuel Services

Bergendorff has stepped down as director of marketing, global marine and government solutions as of last month.

1 May 2023

World Fuel Services Hires New Marine Commercial Director in Northwest Europe

Michael Stig Nielsen told Ship & Bunker in February that he would be stepping down as WFS's commercial director in Northwest Europe.

1 May 2023

Robin van Elderen Joins KPI OceanConnect

Van Elderen has joined the firm as managing director of KPI OceanConnect Rotterdam as of May 1.

1 May 2023