World News

Zero New LNG-Fuelled Ship Orders in January

January saw no LNG-fuelled ship orders and two methanol-fuelled ship orders.

2 Feb 2023

BUNKER PRICES: Fujairah VLSFO Sees Biggest Daily Gain Since July

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $13.50/mt to $703.50/mt on Wednesday, reaching the highest level since Friday.

2 Feb 2023

BUNKER JOBS: Integr8 Seeks Trainee Bunker Traders Worldwide

The firm is seeking candidates for a three-month traineeship in one of 12 international offices.

2 Feb 2023

Oil Nosedives Over 3% As Traders Fear Demand Is Tanking

Meanwhile, more signals suggest that OPEC will maintain its current output.

2 Feb 2023

BUNKER PRICES: G20-VLSFO Index Sees Biggest Monthly Gain Since June

Ship & Bunker's G20-VLSFO Index lost $7.50/mt to $690/mt on Tuesday, leaving the index's monthly gain at the highest level since June at $44.50/mt.

1 Feb 2023

South Korea Arrests Chinese Oil Broker Over Alleged Illegal Bunker Transfers

The broker was arrested on Saturday on suspicion of arranging more than 35 transfers totalling 18,000 mt of MDO.

1 Feb 2023

INTERVIEW: Wilhelmsen's Roger Strevens on Wind-Assisted Propulsion and Decarbonisation

Wallenius Wilhelmsen's sustainability VP Roger Strevens discusses wind power, expectations from the IMO and attitudes to decarbonisation technologies in an interview with Ship & Bunker.

1 Feb 2023

Weak Dollar Boosts Crude Prices But Bearish Sentiment Remains Undiminished

Meanwhile, OPEC output sinks in January.

31 Jan 2023

Irish Ferries Takes on Bunker-Saving Air Lubrication Systems

Armada Technologies has signed a deal with Irish Ferries to carry out a feasibility study and integration engineering to retrofit the ropax cruise ferry W.B. Yeats with an air lubrication system.

31 Jan 2023

Wärtsilä Sees 2022 Earnings Drop With 'Decreased Scrubber Volumes'

The company reported a net loss of EUR 26 million in 2022, down from a profit of EUR 339 million the previous year.

31 Jan 2023

Former IMO Official Highlights Potential Opposition to Well-to-Tank Emissions Analysis

Former IMO official Edmund Hughes points out objections to the possibility of the UN body including a full well-to-wake emissions analysis in its regulations.

31 Jan 2023

Hapag-Lloyd Earnings Gain 60.2% in 'Extraordinarily Strong' 2022

The company gave a more negative view of the coming market, with average freight rates significantly lower amid eased congestion.

31 Jan 2023

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

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $9/mt to $697.50/mt on Monday, in its first daily fall since January 19.

31 Jan 2023

Titan to Retrofit Two LNG Carriers for Bunkering in Europe

The firm has acquired the small-scale LNG carriers Seaspeak Unikum and Seaspeak Vision from Canadian gas transportation company Seaspeak.

31 Jan 2023

Oil Sinks Over 2% Despite Bullish Sentiment Over China

Russia's economic resilience has caused gloom in analytical circles.

30 Jan 2023

Wärtsilä to Equip Four New Boxships With LNG Bunkering Systems

The company will supply the equipment for four 8,200 dual-fuelled ships ordered by Pacific International Lines.

30 Jan 2023

BUNKER JOBS: Bunker Holding Seeks New Fuels Technical Manager

The firm is looking for candidates with at least seven years of experience in the operation of LNG bunker vessels or small gas carriers.

30 Jan 2023

BUNKER PRICES: G20-VLSFO Index Climbs For Sixth Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $6.50/mt to $706.50/mt on Frisday, remaining at the highest level since November 17.

30 Jan 2023

MOL Ammonia-Fuelled Bulker Design Wins ClassNK Approval

The 210,000 DWT Capesize bulker's design has received ClassNK's approval in principle.

30 Jan 2023

New Shell CEO Reorganises Brand Structure

The changes will come into effect on July 1.

30 Jan 2023