World News

Baltic Dry Index Breaks 1000 for the First Time in Over a Year
The Baltic Dry Index rose 71 points Friday to reach 1045, the highest it has been since August 2015.
11 Nov 2016
Societe Generale and EIB Sign €150 Million Agreement for Greener Maritime Sector
The agreement is said to support shipbuilding projects that promote sustainable transport and environmental protection.
11 Nov 2016
Port State Control Authorities to Focus Inspections on Vessel Sulfur Reg Compliance
PSC authorities, signatory to the Paris MoU and the Tokyo MoU, have agreed to conduct the new Concentrated Inspection Campaign in 2018.
11 Nov 2016
Norwegian's Bunker Expense Declines Almost 3% Year on Year for 3Q 2016
Bunker spending for 3Q 2016 was $86.250 million, compared to $88.829 during the same period of 2015.
11 Nov 2016
Crude Soft, OPEC Output at Record High
Bunker prices were softer in the primary ports.
10 Nov 2016
Weekly Vessel Scrapping Report: 2016 Week 44
Weekly Vessel Scrapping Report: 2016 Week 44
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 3 – November 9, 2016.
10 Nov 2016
A Lack of Compliant Bunkers Could Lead to Widespread Noncompliance Post 2020, But Not Necessarily Fines
Nonavailability clauses could leave operators able to burn otherwise noncompliant fuel.
10 Nov 2016
Lower Bunker Prices, Consumption Push Finnlines to Record Results
During the January-September 2016 period, Finnlines achieved a result of €60.9 million - an approximately €20 million year on year improvement.
10 Nov 2016
Crude Up After Early Loses
Bunker prices were soft to start but firmed throughout the day.
9 Nov 2016
SEA-Vista Takes Delivery of Newest Eco-Friendly LNG-Ready Tanker
General Dynamics NASSCO says the sixth in a series of eight eco-friendly tankers was delivered to SEA-Vista in San Diego on Tuesday.
9 Nov 2016
OPEC Downgrades Oil Price Forecast, Says Demand Could Peak Within 15 Years
OPEC makes the prediction despite conventional automobiles set to double globally in 20 years
9 Nov 2016
Some Major Bunker Markets Do Not Have Refining Capacity to Offer Enough Compliant Fuel Come 2020: IBIA
Those affected will have to rely on imports to maintain or grow volume, suggests IBIA.
9 Nov 2016
Crude Mostly Flat as Americans Head to the Polls
Bunker prices were stable in the primary ports.
8 Nov 2016
IMO CO2 Road Map Will Go Much Further Than the Paris Agreement: ICS
ICS says it believes that the IMO Road Map will provide further momentum to shipping's already "substantial" CO2 reductions.
8 Nov 2016
BP Pegs Oil at $55 a Barrel in 2017
Bob Dudley also reiterates his claim that the market is in balance "right now."
8 Nov 2016
BIMCO: Container Ship Demolition Reaches All-Time High, Exceeds 500,000 TEU
BIMCO says the results have provided "a positive surprise" for a struggling container industry.
8 Nov 2016
Mass Flow Meters Are Not a Magic Box to Solve the Bunker Industry's Problems: Muhtaroglu
"I know some very unreliable companies with inappropriate history who are trying to recover their bad reputation by using MFMs," the Energy Petrol CEO tells Ship & Bunker.
8 Nov 2016
Gibraltar Shipping: An Interview With IBIA's Peter Hall
Gibraltar Shipping: An Interview With IBIA's Peter Hall
Peter has over 40 years' experience in the marine industry and is an accomplished marine executive.
7 Nov 2016
Weather Conditions Impede Bunker Operations at Istanbul and Novorossiysk: Market Sources
Delays at Istanbul due to weather are expected to be possible until November 10.
7 Nov 2016
Corvus' Bunker-Saving Orca ESS Selected for Hybrid Cargo Vessel
Corvus says a 1,000kWh Orca ESS will provide the vessel with all required energy during harbor operations in order to achieve zero emissions.
7 Nov 2016