World News

Law Firm AxiomDWFM Buys Ince

AxiomDWFM plans to refocus the firm's growth strategy on its core legal services.

1 May 2023

INTERVIEW: Waterfront Shipping Shares Insights on Methanol Bunkering

Ship & Bunker talks to Waterfront Shipping President, Paul Hexter, whose firm has been loading methanol as a marine fuel since 2016.

1 May 2023

WFS Q1 Bunker Margin Strengthens as Volumes Slip to Two-Year Low

The firm sold 4.3 million mt of bunker fuel in Q1, its lowest total since the first quarter of 2021.

28 Apr 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $11/mt to $598/mt on Thursday, reaching the lowest level since March 27.

28 Apr 2023

Sudan Conflict Halts Maersk Shipments

The company has stopped accepting bookings for shipments to Sudan until further notice.

28 Apr 2023

US Senators Seek to Arrest Iranian Oil Tankers

Members of the US Senate are urging a tougher line on halting Iran's energy exports.

28 Apr 2023

Oil Stabilizes But Earlier Gains Still Erased By Climate Of Fear

Meanwhile, Russia believes oil market are balanced.

27 Apr 2023

Maersk to Mark September Arrival of First Green Methanol-Powered Boxship

From September 18 – 21 the firm says it will hold a week of activities in Copenhagen, Denmark.

27 Apr 2023

Weekly Vessel Scrapping Report 2023: Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 20 – April 26, 2023.

27 Apr 2023

Iran Detains Tanker in Gulf of Oman: US Navy

The Marshall Islands-flagged tanker Advantage Sweet was detained on Thursday, having issued a distress call at 1:15 PM local time.

27 Apr 2023

Maersk Invests in Danish Biofuel Firm

Maersk is among the latest investors in Danish technology company Kvasir Technologies, which has developed a method of producing carbon-neutral biofuels from non-edible biowaste material.

27 Apr 2023

Bunker Holding Expands Credit Facility to New Record Total

The firm has signed up to a new unsecured committed bank credit facility of $1.11 billion with an international bank syndicate.

27 Apr 2023

BUNKER PRICES: G20-VLSFO Index Drops to One-Month Low

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $8/mt to $609/mt on Wednesday, reaching the lowest level since March 30.

27 Apr 2023

Competition Intensifies in Shipping's Hunt for Biofuels

Europe's aviation industry is about to add significantly to biofuel demand.

27 Apr 2023

Oil Plummets As Traders Fully Succumb To Demand Fears

But demand - at least in the U.S. - continues to prevail.

26 Apr 2023

VIEWPOINT: CII is Here – But Misperceptions Persist

Dylan Keil, CEO of maritime software firm Bearing, sets out his firm's answers to some of the questions commonly asked about the CII regulation.

26 Apr 2023 · Dylan Keil, CEO of Bearing

Global Q1 VLSFO Off-Spec Rate Declined From Q4: Verifuel

About 2.1% of the VLSFO samples analysed by Verifuel in the first quarter of 2023 were found to be off-specification, a company representative tells Ship & Bunker.

26 Apr 2023

BUNKER PRICES: G20-VLSFO Index Rises for First in Eight Sessions

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $5.50/mt to $617/mt on Tuesday, its first advance since April 13.

26 Apr 2023

Oil Down On The Return Of Recession Fears, But Russian Exports Rise

Meanwhile, exports continue to be frozen at Iraq ports.

25 Apr 2023

RINA Touts Decarbonisation Benefits of Hydrogen-LNG Combination

Recovering hydrogen from methane on board LNG-fuelled ships could bring emissions and efficiency benefits for some ships, RINA's Giosuè Vezzuto tells Ship & Bunker.

25 Apr 2023