World News

Oil Up On Strong Economic Signs, But Worries Over The Economy Persist

Meanwhile, OPEC's new chief thinks concerns about China are overblown.

18 Aug 2022

Norsepower to Equip Two New CO2 Carriers With Rotor Sails

The firm has signed a deal with Dalian Shipbuilding Industry Co to install the systems on two new CO2 carriers commissioned by Northern Lights JV.

18 Aug 2022

Weekly Vessel Scrapping Report 2022: Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 11 – August 17, 2022.

18 Aug 2022

Global VLSFO Price Approaches Pre-Ukraine War Level

Global bunker prices have dropped sharply with crude oil in recent months on concerns over a potential recession.

18 Aug 2022

SFL Corporation Takes on Four Scrubber-Equipped Tankers

The firm has acquired the four Suezmax tankers for $222.5 million, with delivery planned between August and October.

18 Aug 2022

Bunker One Global Accounts Lead Steps Down

Michael Furze tells Ship & Bunker he has stepped down from his role as the unit's global lead as of Wednesday.

17 Aug 2022

European Energy Secures CO2 Supply for Green Methanol Plants

The firm has agreed to buy 60,000 mt/year of biogenic CO2 from Anaergia in Tønder.

17 Aug 2022

BUNKER JOBS: Island Oil Seeks Credit Control Officer in Cyprus

The company is looking for candidates with a relevant degree and experience, as well as good English and Greek.

17 Aug 2022

Yamar NOx Exhaust Treatment System Orders Reach 2,200 Units

The company delivered the first unit in 2015, and has since delivered more than 1,500 units and received orders for a total of more than 2,200 units.

17 Aug 2022

Oil Takes Another Hit As Analysts Assess Iran's Possible Impact On The Global Market

Meanwhile, Sweden burns heavy fuel oil to meet energy demands.

16 Aug 2022

Torm Buys 75% of Scrubber-Producing Company

Torm now holds a 75% stake in Denmark's ME Production.

16 Aug 2022

New Furetank Joint Venture Orders Four LNG-Fuelled Product Tankers

The new joint venture, FureBear, will be owned in equal parts by the two companies.

16 Aug 2022

Oldendorff Takes on Blue Water Voyage Optimisation Software

The company will implement the BOSS Voyage Optimisation Suite from Blue Water on its Cape and Baby Cape fleet.

16 Aug 2022

Oil Sinks Below $90 As China Data Disappoints and Iran Diplomacy Excites Traders

Meanwhile, analysts think Russia's luck with alternative crude buyers may soon end.

15 Aug 2022

Bunker Holding Parent Company USTC Adds Board Member

The new board now consists of chairman Torben Østergaard-Nielsen, deputy chairman Klaus Nyborg and Nina Østergaard Borris, Mia Østergaard Rechnitzer, Peter Appel and Jeppe Christiansen.

15 Aug 2022

Alfa Laval to Provide Fuel Supply Systems for Six Methanol-Fuelled Boxships

The company will supply the systems for six 1,170 TEU container ships to be built for X-Press Feeders subsidiary Eastway.

15 Aug 2022

Oil Dips For The Day, Gains On The Week As Traders Sway Between Bearish And Bullish Sentiment

Meanwhile, Iran's return to the world stage is predicted for early next year.

12 Aug 2022

Scrubber-Equipped, Ammonia- and LNG-Ready VLCC Delivered

Capital Ship Management has taken delivery of Amore Mio from Hyundai Samho Heavy Industries in South Korea.

12 Aug 2022

IEA Boosts 2022 Consumption Estimates, Oil Prices Rise Accordingly

Also, Lipow says the daily decline in prices at the pump are over.

11 Aug 2022

DHT Holdings to Retrofit Eight More Tankers With Scrubbers

The company is paying an average of $3.13 million per VLCC scrubber installation.

11 Aug 2022