World News

Bunker Trader and Supplier The Hawks Opens Dubai Office

The recently opened office will work both on trading and developing the company's physical supply operations in the Maldives, a company representative tells Ship & Bunker.

9 Mar 2023

Oil Extends Losses As Rate Hike Fears Continue To Grip Investors

Meanwhile, Russia continues to defy the European Union sanctions.

8 Mar 2023

INTERVIEW: Newly Formed Bunker Company Baseblue Sets Out Aims for the New Brand

Three of Baseblue's senior managers discuss the new marine fuels brand's strategy, how it differentiates itself and their views on the bunker market in an interview with Ship & Bunker.

8 Mar 2023

Wärtsilä Takes First Order of 'Carbon-Capture-Ready' Scrubber Systems

The firm is currently testing carbon capture systems with a 70% capture rate.

8 Mar 2023

US-listed Fuel Cell Firm Claims Cruise Ship Success

Will fuel cells supplied auxiliary power to ship docked at Qatar.

8 Mar 2023

MOL, Vale Agree to Put Rotor Sails on Dry Bulk Capesize

Propulsion aid could furnish operator with 10% fuel savings.

8 Mar 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $4.50/mt to $654/mt on Tuesday, reaching the highest level since February 20.

8 Mar 2023

Oil Prices Nosedive As Rate Hike Fears Once Again Grip Traders

But some analysts cling to expectations that demand will soon soar.

7 Mar 2023

FEATURE: Bunker Industry Shows Cautious Optimism at IE Week Gatherings

Bunker industry sources speaking to Ship & Bunker at IE Week events in London last week were generally sanguine about the risks being faced this year.

7 Mar 2023

ZeroNorth Hires New Head of Athens Office

Mike Konstantinidis has joined the company as managing director of vessel optimisation and head of the Athens office as of this month.

7 Mar 2023

K Line Signs Decarbonisation Research Deal With Mining Firm Anglo American

The two companies have signed a memorandum of understanding establishing a working committee for collaborative research on decarbonisation.

7 Mar 2023

BUNKER PRICES: G20-VLSFO Index Advances

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $1.50/mt to $649.50/mt on Monday, erasing Friday's decline of the same size.

7 Mar 2023

Traders Maintain Faith In China Despite Headwinds, Oil Rises Again

Meanwhile, Russian oil continues to find its way to Asia.

6 Mar 2023

Delivery of First Containerised Hydrogen 'Zero Emission Pod' Systems in 2024

HAV Hydrogen gives further details on the system it hopes will fast track hydrogen as marine fuel following Approval in Principle (AiP) from DNV.

6 Mar 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports slipped by $1.50/mt to $648/mt on Friday, paring its weekly gain to $10/mt.

6 Mar 2023

Oil Ends Week On High After Initial Panic Over UAE "Leaving" OPEC

The UAE indicated it can increase oil production without quitting the cartel.

3 Mar 2023

Record 22 Methanol Ships Ordered in February

In comparison, there were 10 orders for LNG fuelled ships last month.

3 Mar 2023

BUNKER PRICES: G20-VLSFO Index Rises for Second Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $4.50/mt to $649.50/mt on Thursday, remaining at the highest level since February 21.

3 Mar 2023

Quadrise BioMSAR Emulsion Fuel Moves to Next Phase of Testing

Quadrise carried out optical combustion and engine wear tests with Wärtsilä, finding that its bioMSAR product has similar injection and combustion properties to its MSAR fuel.

3 Mar 2023

Oil Makes More Minuscule Gains But Trading Is Plagued By "Inflation Anxiety"

Still, China remains a source of longer-term optimism.

2 Mar 2023