World News

ANALYSIS: Scrubber Savings More than Doubled in 2022 to $240/mt

This compares with an average daily premium for VLSGO over HSFO of $112/mt in 2021 and $92/mt in 2020.

18 Jan 2023

Bearing Sees Majority of Global Fleet at Failing CII Grade

The prediction is based on an analysis of the voyages of 15,372 ships over the past year.

18 Jan 2023

BUNKER PRICES: Fujairah Leads Top Ports' VLSFO Gains on Tuesday

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $5.50/mt to $668.50/mt on Tuesday, remaining at the highest level since December 6.

18 Jan 2023

DNV Reports 1,000 Vessels Affected by ShipManager Cyberattack

The firm is communicating daily with 70 customers that were affected by the hack to update them on findings of its ongoing forensic investigations.

18 Jan 2023

Unstoppable China Optimism Inspires More Gains For Oil

Meanwhile, the efficacy of the EU sanctions continues to be questioned.

17 Jan 2023

BUNKER PRICES: G20-VLSFO Index Rises to Seven-Week High

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $4/mt to $663/mt on Monday, the highest level since December 6.

17 Jan 2023

ZeroNorth, Maersk, TFG Executives Among IBIA Board Candidates for 2023

A total of 11 candidates are running for three open seats.

17 Jan 2023

Oil Prices Dip Despite Ongoing Enthusiasm About China Demand Recovery

Meanwhile, impact of Russian sanctions appear problematic.

16 Jan 2023

Incat Tasmania Ditches LNG Bunkers for Battery in New Lightweight Ferry

The firm is currently constructing the 130 m vessel, and has been asked by the customer to investigate the possibility of changing the plan to a battery-electric design.

16 Jan 2023

PRICES: Global VLSFO Sees Biggest Weekly Gain in Three Months

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $12/mt to $659/mt on Friday, the highest level since December 6.

16 Jan 2023

Dry Bulk Shows Growing Interest in Methanol Bunkering

Commodities firm Cargill has partnered with Mitsui & Co to order two methanol-fuelled Kamsarmax bulkers.

16 Jan 2023

BUNKER JOBS: Shipping Firm Nova Marine Carriers Seeks Carbon Trader

The company is looking for candidates with knowledge of renewable energy markets and a proven understanding of market functionality.

16 Jan 2023

Oil Posts Strong Weekly Gain on Optimism Over China's Reopening

Meanwhile, Russia is reportedly circumnavigating the EU sanctions.

13 Jan 2023

PRICES: Global VLSFO Average Jumps by Most in Three Months

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $16/mt to $647/mt, the sharpest daily rise since October 10.

13 Jan 2023

Weekly Vessel Scrapping Report 2023: Week 1

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 5 – January 11, 2023.

12 Jan 2023

Second of Three Key Dan-Bunkering Managers in Europe Leaves Firm

In September Dan-Bunkering announced it was planning a 'commercial merger' of its three European units in Monaco, Copenhagen and Middelfart.

12 Jan 2023

Airbus Tries Out Biofuel Bunkers

The firm launched an 18-month biofuel bunker trial in its fleet last month.

12 Jan 2023

Maersk Invests in Green Methanol Firm

The firm's venture arm, Maersk Growth, has made an investment of an unspecified size into Berlin-based C1 Green Chemicals.

12 Jan 2023

PRICES: Bunker Prices Advanced at Most Ports on Wednesday

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $5/mt to $631/mt on Wednesday.

12 Jan 2023

Oil Gains Momentum On China Economic Claims As "Big Pop" In Demand Predicted

Meanwhile, Finnish think tank says Russian sanctions are having a big impact.

12 Jan 2023