World News

MEPC 69: ICS Commends IMO's Progress on CO2 Reporting
"We are confident that the IMO system will be fully adopted at the next MEPC meeting in October," said Peter Hinchliffe, Secretary General for ICS.
25 Apr 2016
VPS, Seagull Maritime to Provide New Training to Address "Pressing Need" for Seafarers to Understand Fuel Quality Issues
"Fuel-related knowledge and capabilities are increasingly becoming the keys to mitigating engine breakdowns and unplanned operational downtime," says VPS.
25 Apr 2016
IMO Approves Mandatory Requirements for Ships to Record and Report Bunker Consumption
But exactly what will be collected, and indeed when, is yet to be decided.
25 Apr 2016
No Cut, No Freeze Needed for $85 Oil By the End of 2016: Cornerstone
The analyst bases his prediction on the argument that demand has been understated.
25 Apr 2016
China Wants its Vessels to Divert Via the Arctic's Northwest Passage
Although still fraught with risk, the Arctic route is much shorter than transits via more traditional routes through the Suez Canal.
25 Apr 2016
Here is a New Interactive Map Showing Global Vessel Movements & Emissions Over the Course of 1 Year
UCL EI researchers used AIS data, and combined that with another database on vessel characteristics to calculate emissions.
25 Apr 2016
Ship & Bunker Launches New Average Bunker Price Indices
Six new bunker price averages quickly show the overall trends in both global and regional bunker price movements.
25 Apr 2016
Average Global IFO380 Bunker Price Hits 2016 High After a Surprisingly Bullish Week for Crude
It was the third weekly gain for crude, as failed Doha talks took a back seat to reports talking down production levels.
25 Apr 2016
Round Two of Freeze Talks Set for May.....or Possibly June, Location Undetermined
Iraq claims it wants a freeze for "a short period" to improve prices.
22 Apr 2016
Bunker Saving First for Tier III Compliant Ferry
GE says urea based systems can add 5 to 8 percent to fuel expenses.
22 Apr 2016
Industry Insight: The New Breed of Bunker Players Will be Agile
Industry Insight: The New Breed of Bunker Players Will be Agile
The bunker industry has changed. It's a tough place to compete in, let alone grow profitably.
22 Apr 2016
Crude Down as Dollar firms
We anticipate more volatility in both directions until the members and non members of OPEC officially reach an agreement, or an agreement not to agree.
21 Apr 2016
Weekly Vessel Scrapping Report: 2016 Week 15
Weekly Vessel Scrapping Report: 2016 Week 15
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from April 4 – April 20, 2016.
21 Apr 2016
IMO's Highlights Sustainable Development Goals at SMW 2016
The IMO's 2030 Agenda on SDG's were highlighted as part of the first Maritime Administrators' Forum in Singapore on Tuesday at SMW 2016.
21 Apr 2016
Green Groups Criticise Lack of Shipping Emissions Progress at MEPC69
T&E says the lack of progress is due to "a handful of BRICS and the maverick and increasingly isolated Cook Islands."
21 Apr 2016
Hapag-Lloyd in Merger Talks with UASC
Such a merger would create the world's fifth-largest container shipping group, according to Alphaliner data.
21 Apr 2016
DNV GL CEO: Methanol Bunkers "Promising" Solution for ECA Operation
The comments came as part of an announcement that Waterfront Shipping Company has taken delivery of the hybrid vessel Lindanger.
21 Apr 2016
Most Now Think the Global Sulfur Cap in 2020 is More Likely Than Ever - But There Are Bigger Questions to be Asked: Meech
Most Now Think the Global Sulfur Cap in 2020 is More Likely Than Ever - But There Are Bigger Questions to be Asked: Meech
"I think the question marine has to ask itself is, how will it manage its price risks in this new market environment?" Robin Meech tells Ship & Bunker.
21 Apr 2016
Crude Futures Continue to Rise
A smaller than anticipated build in US crude inventories sent the energy complex higher during the days trading.
20 Apr 2016
Baltic Dry Index Falls for First Time in Over a Month on Fragile Capesize Segment
The Baltic Dry Index fell two points Wednesday to reach 669, its first decline since March 16.
20 Apr 2016