World News

Weekly Vessel Scrapping Report 2025: Week 52

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 18 – December 25, 2025.

25 Dec 2025

Oil Achieves Steepest Annual Decline Since 2020

The losses were largely attributed to a chronic focus on global oversupply.

24 Dec 2025

BUNKER JOBS: Multiple Roles Open in UK, US, Singapore and ARA

Maritime Recruitment Company Ltd is seeking candidates for bunker roles in the UK, US, Singapore and at the ARA hub, Vernon Jayanathan tells Ship & Bunker.

24 Dec 2025

BP Sells Majority Stake in Lubricants Firm Castrol

BP will sell 65% of Castrol to investment firm Stonepeak at an enterprise value of $10 billion.

24 Dec 2025

Pacific Basin Cites IMO NZF Delay as Reason for Purchase of New Conventionally-Fuelled Ships

Pacific Basin has cited the IMO delay as a key reason for it continuing to add conventionally-fuelled tonnage to its fleet.

24 Dec 2025

Accelleron Signs 50th Turbo MarineCare Turbocharger Service Contract

The deal signals increasing interest in fixed-cost service plans for turbochargers.

24 Dec 2025

DHL and CMA CGM Sign Deal to Consume Almost 9,000 MT of Biofuels

The 8,990 mt of UCOME second-generation biofuel will save an estimated 25,000 mt of GHG emissions, with the savings attributed to ocean freight transported under DHL's GoGreen Plus service.

24 Dec 2025

Authorities Plan Green Shipping Corridor Between Panama and Spain

Consultancy Ricardo has been appointed to carry out a feasibility study for a green shipping corridor between Algeciras and Panama.

23 Dec 2025

Hafnia Completes Purchase of Stake in Tanker Firm Torm

Torm has a wholly owned fleet of about 90 vessels of 45,000-115,000 DWT in size.

23 Dec 2025

Glencore Acquires Majority Stake in FincoEnergies Group

The transaction is subject to EU antitrust approval, with completion expected in the second quarter of 2026.

23 Dec 2025

FEATURE: 2025 Was Year of Rapidly Escalating Regulation for Shipping and Bunker Industries

In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant.

23 Dec 2025

Oil Up As China Condemns U.S. Aggression Against Venezuela

Meanwhile, Ukraine continues to attack Russian oil infrastructure.

22 Dec 2025

Fratelli Cosulich Group Acquires Majority Stake in NAVIMETEO

The company plans. to use the acquisition to strengthen its digital portfolio

22 Dec 2025

Avin International Joins Ahti FuelEU Compliance Pool

The Greek firm is set to place its fleet of about 35 oil and chemical tankers in the Ahti pool.

22 Dec 2025

CMA CGM Holds Naming Ceremony for New Methanol-Fuelled 15,000 TEU Boxship

The 15,000 TEU dual-fuelled boxship was named CMA CGM Eugenie at a ceremony last week.

22 Dec 2025

FEATURE: AI Will Not Replace Bunker Traders. Will it?

This industry is about relationships. Will AI strengthen or replace them?

22 Dec 2025

More Weekly Losses For Oil Despite U.S. Considering War With Venezuela

Geopolitical tensions are no match for chronic concerns over a global glut.

19 Dec 2025

Eleven Energy Appoints Head of Technology Ahead of Bunker Platform Launch

Saudi firm Eleven Energy has appointed Konstantin Kaminski as head of technology ahead of the planned January launch of its ElevenX bunker procurement platform.

19 Dec 2025

MARKET SURVEY: Major Hubs Saw Average 4.3% Yearly Gain in Q3 Volumes

Global bunker demand at key hubs gained 4.3% on the year in Q3, with 2025 as a whole heading for the highest total since 2019, but markets in the Americas are still underperforming.

19 Dec 2025

Oil Ekes Out Gains As Analysts Shift Focus To Supply Concerns

The Venezuela blockades are a chief point of analytical debate - for now.

18 Dec 2025