World News

BUNKER PRICES: G20-VLSFO Index Slips on Tuesday

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $0.50/mt to $680.50/mt on Tuesday.

15 Feb 2023

EU Mulls Sanctions on Sovcomflot-Linked Shipping Firm

EU diplomats and officials are currently discussing the proposal on the belief that SUN is helping Russia to evade restrictions on its oil exports.

15 Feb 2023

Vopak Reports EUR 294.4 Million 2022 Profit, Pledges Further Green Transformation

Vopak's repurposing of storage tanks in LA to carry green jet fuel and biodiesel was linked to Minerva Bunkering's exit from physical supply there last month.

15 Feb 2023

Oil Dips On U.S. SPR Release, Softened By OPEC Forecast Of Big Demand

Meanwhile, the UAE worries about 2024 supplies.

14 Feb 2023

Last Chance to Vote in IBIA Board Elections

IBIA members have until midday London time on February 22 to vote for their preferred candidates.

14 Feb 2023

BMS United, Bunkernet and SBI to Merge Under New Brand Baseblue

The new firm will be a wholly owned Bunker Holding unit, but the three firms have been pursuing the merger under their own auspices, CEO Lars Nielsen tells Ship & Bunker.

14 Feb 2023

Yara Marine's Fuel-saving Device Claims 300th Taker

FuelOpt allows crew to fine tune vessel performance.

14 Feb 2023

BUNKER PRICES: G20-VLSFO Index Rallies on Monday

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $2.50/mt to $681/mt on Monday.

14 Feb 2023

IMO to Study how Alt Marine Fuels fit Overall Shipping Decarbonisation Picture

Wide-ranging researcj will cover bunkering infrastructure, regulatory requirements and technological co-operation.

13 Feb 2023

BUNKER PRICES: G20-VLSFO Index Slips for First Session in Four

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $3.50/mt to $678.50/mt on Friday, taking the index to a decline of $0.50/mt overall last week.

13 Feb 2023

Maersk Sues Evergreen for $43 Million Over Suez Canal Blockage

A total of 50 of Maersk's container ships were delayed as a result of the Suez Canal blockage in March 2021.

13 Feb 2023

Golden Ocean Takes on Six Scrubber-Equipped Bulkers

The company has acquired the six 208,000 DWT bulkers for $291 million.

13 Feb 2023

Maersk Bunker Consumption Drops to Lowest Level Since 2020 COVID Lull

The firm reported 2.55 million mt of bunker consumption in the three months to December 31, down by 9.2% on the year.

10 Feb 2023

BUNKER PRICES: G20-VLSFO Index Rises for Third Day

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $8/mt to $682/mt on Thursday, taking it to the highest level since February 2.

10 Feb 2023

Russia Cuts Crude Output

Russian oil output will be cut by 500,000 b/d, or about 5%, in March.

10 Feb 2023

UK, Australia Join Hunt for Illegal Bunkering of North Korean Ships

Japanese authorities are also monitoring the fuel transfers.

10 Feb 2023

LNG Bunker Demand Is Due a Revival in 2023

After a slump in LNG price levels over the past four months, premiums to VLSFO and MGO should now be narrow enough to prompt dual-fuelled ships to resume burning gas.

10 Feb 2023

Oil Prices Dip As Turkey, Inventory News Rekindle Trader Concerns

But optimism over China's reopening continues to underscore sentiment.

9 Feb 2023

Weekly Vessel Scrapping Report 2023: Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 3 – February 8, 2023.

9 Feb 2023

BUNKER PRICES: G20-VLSFO Index Advances for Second Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $6.50/mt to $674/mt on Wednesday, taking it to the highest level since February 3.

9 Feb 2023