World News

Container Line ONE Orders Ammonia and Methanol-Ready Boxships

The company is also discussing with the shipyard the possibility of adding carbon capture and storage systems to the ships on delivery.

15 Mar 2023

Oil Nosedives Despite Fed Expected To Raise Rates In Increments, Not Chunks

Meanwhile, OPEC maintains confidence in China's economic recovery.

15 Mar 2023

BUNKER JOBS: Island Oil Seeks International Bunker Traders

Marine fuel and lubricant trading firm Island Oil is seeking to hire bunker traders at a range of offices worldwide.

14 Mar 2023 · Island Oil

Green Group Backs Global GHG Levy for Shipping

Move would provide 'predictability to industry, decision-makers, and incentivise early movers', according to Opportunity Green.

14 Mar 2023

S&B ANALYSIS: Singapore February Bunker Sales Drop to Eight-Month Low

The city-state's total demand reached 3.79 million mt in February, up by 8.3% from the same month a year earlier but down by 13.3% from January's level.

14 Mar 2023

BUNKER PRICES: G20-VLSFO Index Advances For First in Four Sessions

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $1/mt to $633.50/mt on Monday, climbing for the first day since March 7.

14 Mar 2023

Oil Maintains Its Downward Trajectory In Wake Of SVB Fallout

Still, analysts say the Monday plunge wasn't justified.

13 Mar 2023

Emulsion Bunker Firm Quadrise's Name Change Signals Decarbonisation Push

The firm, the full name of which is currently Quadrise Fuels International Plc, is proposing to rename itself Quadrise Plc.

13 Mar 2023

Scorpio Tankers Adds Six Scrubber-Equipped Tankers to Owned Fleet

The firm has exercised its purchase options on the STI Grace, STI Jermyn, STI Lavender, STI Magnetic, STI Marshall and STI Miracle.

13 Mar 2023

Container Line ONE Adds Bow Wind Shield to Boxships

The firm has retrofitted two of its 20,000 TEU container ships with the fuel-efficiency upgrade.

13 Mar 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $4/mt to $632.50/mt on Friday, reaching the lowest level since January 11.

13 Mar 2023

FEATURE: Credit Managers Turn Wary Eye to Container-Market Failures

Credit managers in the bunker industry tell Ship & Bunker more caution is now needed when approaching new container-segment customers.

13 Mar 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $6.50/mt to $636.50/mt on Thursday, reaching the lowest level since February 24.

10 Mar 2023

Amazon Among Backers of New 'Zero-Emission Maritime Buyers Alliance'

The organisation will seek to unite users of shipping to guarantee demand for zero-emission vessels.

10 Mar 2023

S&B ANALYSIS: World's Biggest Bunker Companies Grew Market Share in 2022

The firms are all listed in Ship & Bunker's Top Ten Bunker Companies report that this week has been updated for 2023.

10 Mar 2023

BUNKER JOBS: Bunker Trader Roles in Singapore, Dubai

One of the positions is to launch a brand new office.

10 Mar 2023

Oil Heads Towards Weekly Loss As Traders Fully Embrace Recession Scenario

Meanwhile, Russia has survived the sanctions, says Kemp.

9 Mar 2023

Weekly Vessel Scrapping Report 2023: Week 9

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 2 – March 8, 2023.

9 Mar 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $11/mt to $643/mt on Wednesday, reaching the lowest level since February 28.

9 Mar 2023

World's Largest Shipping Firm 'Willing and Ready' to Take on Alternative Fuels

The firm's vice president of maritime policy and government affairs, Claudio Abbate, addressed the topic at the Economist Impact World Ocean Summit 2023 event in Lisbon this week.

9 Mar 2023