World News

INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
Quadrise CEO Peter Borup and CTO Jason Miles discuss the prospects for emulsion fuels to take a share of marine energy demand.
31 Oct 2025
Shipping Awaits Clarity on US-China Port Fee Suspension
Shipping Awaits Clarity on US-China Port Fee Suspension
Uncertainty remains over when the suspension of the recently introduced US-China port fees will take effect.
31 Oct 2025
Lukoil to Sell Overseas Assets to Trading Firm Gunvor
Lukoil to Sell Overseas Assets to Trading Firm Gunvor
Lukoil said it has accepted Gunvor's offer and will not engage with other potential buyers.
31 Oct 2025
U.S./China Trade Truce Fails To Sway Range Bound Oil Trading
U.S./China Trade Truce Fails To Sway Range Bound Oil Trading
Meanwhile, fear-mongering resumes over the prospect of a global supply glut.
30 Oct 2025
VPS: After the IMO Delay, Focus Should Shift to EU-ETS and FuelEU Maritime
VPS: After the IMO Delay, Focus Should Shift to EU-ETS and FuelEU Maritime
Global fuel testing and maritime decarbonisation advisory firm VPS discusses the recent delay to the IMO's net-zero framework.
30 Oct 2025
Weekly Vessel Scrapping Report 2025: Week 44
Weekly Vessel Scrapping Report 2025: Week 44
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 23 – October 29, 2025.
30 Oct 2025
Daphne and Maran Gas Trial Methane Slip Reduction System on LNG Ship
Daphne and Maran Gas Trial Methane Slip Reduction System on LNG Ship
Pilot achieved up to 4 ± 2 g/kWh methane slip reduction on the LNG carrier Maran Gas Chios.
30 Oct 2025
US and China to Pause Maritime Trade Actions for One Year
US and China to Pause Maritime Trade Actions for One Year
Beijing says both countries will suspend maritime measures imposed on each other for one year.
30 Oct 2025
China and France Join Forces on Green Shipping Corridor
China and France Join Forces on Green Shipping Corridor
The new corridor will promote alternative fuel development and low-carbon shipping between Ningbo-Zhoushan and Haropa Port.
30 Oct 2025
US Cuts Tariffs on Chinese Products by 10% After Trump-Xi Meeting
US Cuts Tariffs on Chinese Products by 10% After Trump-Xi Meeting
The decision follows a meeting between President Trump and President Xi in Busan on Thursday.
30 Oct 2025
India and Netherlands Sign Pact for Green Shipping Corridor
India and Netherlands Sign Pact for Green Shipping Corridor
The corridor will support the adoption of fuels like methanol, as both nations push to reduce emissions from maritime trade.
30 Oct 2025
"Where's The Glut?" Flynn Asks As Massive Stock Draw Buoys Oil Prices
"Where's The Glut?" Flynn Asks As Massive Stock Draw Buoys Oil Prices
But Bloomberg maintains the oversupply narrative.
29 Oct 2025
Bernhard Schulte Starts Preparing Crew for Methanol-Fuelled Vessels
Bernhard Schulte Starts Preparing Crew for Methanol-Fuelled Vessels
The firm has launched new methanol training courses to help seafarers operate safely as shipping adopts alternative fuels.
29 Oct 2025
BUNKER PRICES: G20-VLSFO Index Drops for First in Seven Sessions
BUNKER PRICES: G20-VLSFO Index Drops for First in Seven Sessions
Global VLSFO prices have declined for the first time in more than a week.
29 Oct 2025
Oil Sinks 2% As Pundits Question Crude Glut Narrative
Oil Sinks 2% As Pundits Question Crude Glut Narrative
A massive drop in U.S. inventories and a 2026 global rebalance was contemplated.
28 Oct 2025
Cosco Completes Sea Trials of Retrofitted Methanol-Fuelled Boxship
Cosco Completes Sea Trials of Retrofitted Methanol-Fuelled Boxship
The project was the world's first conversion of an Everllence B&W S90 two-stroke engine to dual-fuel methanol running.
28 Oct 2025
World Kinect Bunker Operations Return to Profit in Q3
World Kinect Bunker Operations Return to Profit in Q3
The firm has appointed Ira Birns - formerly CFO - as its new CEO as of January 1, 2026.
28 Oct 2025
Lukoil to Sell International Operations After US Sanctions
Lukoil to Sell International Operations After US Sanctions
Lukoil's international assets of interest to the bunker industry include Lukoil Bulgaria, a key supplier of marine fuel in the Black Sea.
28 Oct 2025
BUNKER PRICES: G20-VLSFO Index Rises for Sixth Day
BUNKER PRICES: G20-VLSFO Index Rises for Sixth Day
Global VLSFO prices dropped at the start of the week.
28 Oct 2025
Oil Rangebound As China Trade Deal, OPEC Output Clash For Attention
Oil Rangebound As China Trade Deal, OPEC Output Clash For Attention
Meanwhile, no major market shakeups are predicted for the near-term.
27 Oct 2025