World News

Perceived Dovish Fed Remarks Linger, Oil Rises For Third Straight Day

Meanwhile, China's low Covid rates virtually guarantee an economic revival.

8 Feb 2023

Bunker Alert: High Sediment Fuels - Houston

Intertek Lintec has tested a number of VLSFO bunker samples showing sediment contents above the ISO 8217 0.10% mass limit.

8 Feb 2023 · Intertek Lintec

Anemoi Rotor Sails Win Liberian Registry Approval

The sails can deliver energy efficiency improvements of as much as 20%.

8 Feb 2023

Maersk Sees Up to 2.5% Drop in Global 2023 Container Volumes

The company saw a profit of $29.3 billion for 2022, up from $18 billion the previous year and from $2.9 billion in 2020.

8 Feb 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $2/mt to $667.50/mt on Tuesday.

8 Feb 2023

Oil Surges After Fed Chair Perceived As Softening Rate Hike Stance

Meanwhile, China's recovery adds to a sudden bullish sentiment.

7 Feb 2023

BUNKER PRICES: G20-VLSFO Index Drops for Third Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $13.50/mt to $665.50/mt on Monday, reaching the lowest level since January 16.

7 Feb 2023

Oil Makes Gains Despite Bearish Traders Fretting Over Economic Headwinds

Meanwhile, bullish Saudi Arabia raises oil prices in anticipation of China boom.

6 Feb 2023

Onboard Hydrogen Fuel Cell Project Wins EUR 15 Million Funding

The project will seek to combine solid oxide fuel cells with hydrogen stored in a liquid organic hydrogen carrier.

6 Feb 2023

'We Don't Want to Bet on a Specific Fuel': Euronav

CEO Hugo De Stoop sets out the firm's thinking on decarbonisation and future bunker fuels in a call with analysts.

6 Feb 2023

FOWE, Scorpio Testing On-Board Emulsion Fuel Bunker Tech

Testing on-board STI Acton will last at least six months, early results of which show 10% fuel savings.

6 Feb 2023

Turkey's Iskenderun Port Hit by Earthquake

Other commercial ports are operating.

6 Feb 2023

BUNKER PRICES: G20-VLSFO Sees Biggest Weekly Decline in Two Months

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $9.50/mt to $679/mt on Friday, reaching the lowest level since January 19.

6 Feb 2023

Oil Plummets After Data Shows Remarkable Resilience Of U.S. Economy

The good news means massive Fed hikes, traders worry.

3 Feb 2023

BUNKER JOBS: Monjasa Seeks Trader in Limassol

The company is looking for candidates with a relevant degree and experience in either shipping or sales.

3 Feb 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 $15/mt to $688.50/mt on Thursday, reaching the lowest level since January 20.

3 Feb 2023

Flood of Russian Fuel Oil Into Singapore Boosts Bunker Margins

Demand for storage has risen as a result.

3 Feb 2023

Oil Dips On Strong U.S. Dollar, Possible Slowing Of Demand

Meanwhile, Shell becomes the latest producer to achieve record earnings.

2 Feb 2023

Weekly Vessel Scrapping Report 2023: Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 26 – February 2, 2023.

2 Feb 2023

CMA CGM is Catching Up to Maersk's Methanol Bunker Dominance

If CMA CGM is confirmed as the buyer in the new Korean boxship order, that would put its methanol-fuelled orderbook close to Maersk's at 246,000 TEU across 18 ships.

2 Feb 2023