World News

Oil Plummets On Hope of Russia/Ukraine Ceasefire, Renewed China Lockdown

Oil briefly dipped below $100 for the first time in two weeks.

14 Mar 2022

ABS Withdraws Class Services to Russian Vessels, Assets and Companies

Move comes after "careful consideration of the situation in the Ukraine and the Black Sea as well as the applicable sanctions".

14 Mar 2022

Russian Crude Shipments Point East: Report

Double monthy figure of VLCC shipments taking eastern route.

14 Mar 2022

Italy Seizes $578 Million Yacht of Russian Oligarch Melnichenko

The 143m $578 million Sailing Yacht A was detained at Trieste on Saturday.

12 Mar 2022

Oil Down 6% On The Week As Trading Increasingly Driven By Panic Headlines

Meanwhile, Goldman Sachs outlines inflation risk for Europe if Russia turns off the taps.

11 Mar 2022

ZeroNorth Offers New "Green Route" Voyage Optimization Option

The option "considers emissions together with profit", says ZeroNorth.

11 Mar 2022

FEATURE: Can LNG replace Russian gas in Europe?

European LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely.

11 Mar 2022 · Ed Cox, Head of Global LNG at ICIS

More Losses For Oil As Prospect Of Stagflation Gains Impetus

Meanwhile, volatility is reportedly pushing some traders to the sidelines.

10 Mar 2022

Weekly Vessel Scrapping Report 2022: Week 10

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 3 – March 9, 2022.

10 Mar 2022

Combustion Conditioning to Reduce Black Carbon Emissions

Marc Sima of engineering company FUELSAVE sets out how combustion conditioning could be used to cut shipping's black carbon emissions.

10 Mar 2022 · Marc Sima, CEO, FUELSAVE

DNV Halts All New Business With Russia

The firm is reviewing all ongoing contracts and operations with Russian entities.

10 Mar 2022

Maersk Secures 730,000 MT/Year of Green Methanol Supply by End-2025

The firms providing the fuel are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman and WasteFuel.

10 Mar 2022

Hapag-Lloyd Sees 2.1% Gain in Bunker Consumption in 2021

The firm consumed a total of 4.2 million mt of bunkers in 2021.

10 Mar 2022

Oil Nosedives By Over 17% As Ukraine Signals It Is Willing To Compromise With Russia

Still, Russia promising to retaliate against the U.S. import ban is cause for concern.

9 Mar 2022

IBIA Suspends All Russian Members

An IBIA representative sets out to Ship & Bunker what this will mean for the Russian members.

9 Mar 2022

ABL Launches Port Emissions Tracking Software

The firm's emiTr digital solution gives ports a picture of the emissions being generated within their jurisdiction.

9 Mar 2022

Novorossiysk Sees Bulker Traffic: Report

Use of port's facilities not included in EU sanctions.

9 Mar 2022

Container Lines Face Dilemma Over How Much to Charge for Bunkers in Ukraine Crisis: Analyst

While the container lines have a right to pass surging fuel costs on to shippers through BAFs, they may not want to.

9 Mar 2022

BUNKER JOBS: Bunker Holding Seeks Head of ESG

The role will involve developing an overall ESG strategy for the company as well as leading future sustainability projects.

9 Mar 2022

Oil Approaches $130 Per Barrel As Analysts Debate Demand Destruction

Meanwhile, Qantas says rate hikes are imminent.

8 Mar 2022