World News

BIMCO Preparing Bunker Terms for LNG Marine Fuel Contracts

A working group is now drawing up an annex to the BIMCO 2018 bunker terms covering LNG as a bunker fuel, a BIMCO representative tells Ship & Bunker.

13 Apr 2023

Regulatory Work Needed to Drive Onboard Carbon Capture Uptake: Report

The firm has released a new report on carbon capture systems for the shipping industry examining the challenges to be overcome.

13 Apr 2023

BUNKER PRICES: G20-VLSFO Index Advances for Third Day

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $3.50/mt to $642/mt on Wednesday, remaining at the highest level since March 8.

13 Apr 2023

Maritime Law Firm Ince Group Calls in Administrators

The firm's audit process for the year to March 31, 2022 has not been completed, and the company's shares have been suspended since January 3 of this year.

13 Apr 2023

CMA CGM Moves Ahead of Maersk on Methanol Powered Ship Orders

CMA CGMs order book contains a total of 24 methanol-powered ships.

12 Apr 2023

INTERVIEW: Core Power Sees Marine Nuclear Power at $500/mt in Fuel Oil Terms

Core Power's Mikal Bøe discusses the costs, advantages and political struggles of nuclear-powered shipping in an interview with Ship & Bunker.

12 Apr 2023

GCMD to Work With Lloyd's Register on Captured Carbon Offloading Study

The organisation has selected LR to develop a concept design for offloading liquefied CO2 captured on ships to land-based facilities.

12 Apr 2023

BUNKER PRICES: G20-VLSFO Index Rises to Five-Week High

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $2/mt to $638.50/mt on Tuesday, reaching the highest level since March 8.

12 Apr 2023

Latest Piracy Target is Singapore-Flagged Bunker Delivery Vessel

The vessel has a crew of 20, of which one is a Singapore citizen.

12 Apr 2023

Veson Nautical Acquires Maritime Data Provider VesselsValue

The acquisition is aimed at delivering Veson Nautical's customers a comprehensive product offering in maritime data.

11 Apr 2023

BUNKER PRICES: G20-VLSFO Index Advances After Easter Weekend

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $0.50/mt to $636.50/mt on Monday, with thin trading after public holidays for Easter over the weekend.

11 Apr 2023

GoodShipping Lists 17 Shippers Taking GHG Savings From Samskip Biofuel Use

GoodShipping and the Port of Rotterdam launched the 'Switch to Zero' campaign in December, seeking to promote the use of sustainable shipping services using biofuels.

11 Apr 2023

Oil Dips As Fed Fears Once Again Grip Traders

Meanwhile, CitiGroup takes a wait-and-see approach to China's recovery.

10 Apr 2023

FEATURE: Industry Reminded on Need for Effective Bunkering Regs Before MFMs Can be Introduced

Discussion over which ports and regions would benefit from MFMs continues.

10 Apr 2023

BUNKER JOBS: AGT Petroleum Bunkering Seeks Sales Executive in Dubai

The company is looking for candidates with at least one year of relevant experience and a sound knowledge of oil trading operations.

10 Apr 2023

CMA CGM Places Record $3B Order for Methanol, LNG Powered Boxships

In monetary terms, deal with CSSC said to be China's largest ever shipbuilding deal.

7 Apr 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports rose by $1.50/mt to $637/mt on Thursday, reaching the highest level since March 8.

7 Apr 2023

COSCO Places Orders Methanol Dual-Fuel and Methanol Ready Ships

Accross its order for four 16,000 TEU capacity box ships.

7 Apr 2023

IBIA Launches Digitalisation of Bunkering Working Group

It will be chaired by Kenneth Juhls, Managing Director of ZeroNorth Bunker, and co-chaired by Adrian Tolson, IBIA Board Member and Director, 2050 Marine Energy.

7 Apr 2023

ABS: We're Committed to Supporting the Safe Adoption of Methanol Bunkers

"Methanol is increasingly being recognized as a compelling alternative pathway for owners and operators," says ABS VP Panos Koutsourakis

7 Apr 2023