World News

BUNKER PRICES: G20-VLSFO Index Jumps to Nine-Week High
BUNKER PRICES: G20-VLSFO Index Jumps to Nine-Week High
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $8/mt to $695.50/mt on Monday, the highest level since November 17.
24 Jan 2023
Grimaldi Group Adds Five More Ammonia-Ready Vehicle Carriers
Grimaldi Group Adds Five More Ammonia-Ready Vehicle Carriers
The company expects the new vessels to have 50% lower fuel consumption than its previous generation of car carriers.
24 Jan 2023
Oil Mixed On U.S. Stockpile Builds But Still Bullish Over China
Oil Mixed On U.S. Stockpile Builds But Still Bullish Over China
Road traffic congestion in China post lockdown is up significantly.
23 Jan 2023
Global VLSFO Off-Spec Rate Jumped to 15-Month High in Q4
Global VLSFO Off-Spec Rate Jumped to 15-Month High in Q4
About 2.3% of the VLSFO samples analysed by Verifuel in the fourth quarter of 2022 were found to be off-specification, a company representative tells Ship & Bunker.
23 Jan 2023
Alt Fuel Bunkering Infrastructure Largely Absent for Fuel-cell Propulsion
Alt Fuel Bunkering Infrastructure Largely Absent for Fuel-cell Propulsion
But next decade should see big expansion.
23 Jan 2023
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Month High
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Month High
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $13/mt to $687.50/mt on Friday, the highest level since November 23.
23 Jan 2023
Oil Prices Rise But Grounded Largely On Hope And Speculation
Oil Prices Rise But Grounded Largely On Hope And Speculation
Meanwhile, Ritterbusch credits Russian sanctions for bolstering crude prices.
20 Jan 2023
Malaysia's MISC Group Launches Maritime Carbon Capture Partnership
Malaysia's MISC Group Launches Maritime Carbon Capture Partnership
MISC has signed a memorandum of understanding with Mitsui & Co, Samsung Heavy Industries and Andritz AG exploring opportunities for maritime carbon capture and storage solutions.
20 Jan 2023
Carbon Offsets Come Under Fire in New Research
Carbon Offsets Come Under Fire in New Research
The bunker industry has largely avoided buying the type of offsets being criticised, market sources tell Ship & Bunker.
20 Jan 2023
Macquarie Group Targets Methanol Bunkering Market
Macquarie Group Targets Methanol Bunkering Market
A new physical methanol trader at the firm will focus on international bunker markets.
20 Jan 2023
BUNKER PRICES: G20-VLSFO Index Falls for First Session in Two Weeks
BUNKER PRICES: G20-VLSFO Index Falls for First Session in Two Weeks
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $2/mt to $674.50/mt on Thursday, the first daily decline since January 6.
20 Jan 2023
INSIGHT: Ammonia and Fuel Oil Emulsification for Maritime Decarbonization
INSIGHT: Ammonia and Fuel Oil Emulsification for Maritime Decarbonization
Jose Femenia, PE discusses the use of a fuel oil-ammonia system as a practical route to decarbonizing the maritime industry.
20 Jan 2023
Oil Rebounds As Optimism Over China Reaches Fever Pitch
Oil Rebounds As Optimism Over China Reaches Fever Pitch
Meanwhile, the IEA says Russia will lose the energy battle.
19 Jan 2023
ADNOC Takes on Silverstream Air Lubrication Systems for Six LNG Carriers
ADNOC Takes on Silverstream Air Lubrication Systems for Six LNG Carriers
Silverstream has signed an agreement with CSSC Jiangnan Shipyard Group to install the system on the vessels being built for ADNOC Logistics & Services (L&S).
19 Jan 2023
Weekly Vessel Scrapping Report 2023: Week 2
Weekly Vessel Scrapping Report 2023: Week 2
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 12 – January 18, 2023.
19 Jan 2023
IBIA's 2023 Annual Dinner Sells Out With Nearly Double 2022's Capacity
IBIA's 2023 Annual Dinner Sells Out With Nearly Double 2022's Capacity
The organisation now has 1,000 guests registered for the annual dinner on February 27.
19 Jan 2023
BUNKER PRICES: G20-VLSFO Index Jumps to Six-Week High
BUNKER PRICES: G20-VLSFO Index Jumps to Six-Week High
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $8/mt to $676.50/mt on Wednesday, the highest level since December 5.
19 Jan 2023
Value Maritime Carbon Capture Systems Orders for Four New Boxships
Value Maritime Carbon Capture Systems Orders for Four New Boxships
The systems provide up to 30% carbon capture, as well as scrubbing sulfur and particulate emissions.
19 Jan 2023
Recession Fears Trump China Optimism, Oil Prices Decline
Recession Fears Trump China Optimism, Oil Prices Decline
But Aramco's chief is more concerned about a tight global market.
18 Jan 2023
Yang Ming Invests in More Scrubbers
Yang Ming Invests in More Scrubbers
Board members have voted to fit units to a further three of its owned 8,626 TEU capacity box ships.
18 Jan 2023