World News

DEME Places Order for Methanol-Ready Offshore Construction Ship

The vessel will be built by PaxOcean with delivery scheduled in 2028.

22 Sep 2025

Panama Joins EU Push for Early Agreement on IMO Net-Zero Fund

Panama joins 31 European countries and the European Commission in pressing for fund rules to be agreed by 2026.

22 Sep 2025

Chinese Carrier COSCO Reassures Shippers Amid US Port Fee Pressure

US port fees targeting Chinese vessels and operators will come into force from October 14.

22 Sep 2025

Oil Declines Again Amid Mixed Messages Of Health Of Crude Market

Meanwhile, India resumes buying crude from Russia despite U.S. criticisms.

19 Sep 2025

Bunker Demand: Major Hubs Average 3.9% Gain Despite Tariffs

US bunkering locations appear to be the hardest-hit so far by tariff tensions, according to the latest volumes survey from Ship & Bunker and 2050 Marine Energy.

19 Sep 2025

BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Drops

Global VLSFO prices held steady at a one-week high on Thursday.

19 Sep 2025

IMO Agrees on Interim Guidelines for the Use of Hydrogen as Marine Fuel

The interim guidelines were finalised during IMO's sub committee meeting earlier this month.

19 Sep 2025

ICS and IBIA Push for Significant Green Fuels Rewards at IMO

ICS and IBIA want IMO to set clear rewards for using green fuels from 2026 to support the 2030 target.

19 Sep 2025

Fed Cut A Bust, Oil Declines As Traders Contemplate A Soft U.S. Economy

Meanwhile, Trump aims to nullify Russia by further lowering energy costs.

18 Sep 2025

Lloyd's Register Backs Biofuels with New Advisory Service

The new initiative is designed to help the shipping industry adopt biofuels safely and at scale.

18 Sep 2025

BUNKER PRICES: G20-VLSFO Index Jumps to One-Week High

Global VLSFO prices have jumped this week.

18 Sep 2025

Weekly Vessel Scrapping Report 2025: Week 37

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 11 – September 17, 2025.

18 Sep 2025

Amogy and KBR Join Forces to Advance Ammonia Cracking for Hydrogen

Amogy has signed an MoU with KBR to evaluate ammonia cracking catalysts for hydrogen production.

18 Sep 2025

B24 Biofuel Performs Similar to VLSFO in Six-Month Trial Led by GCMD

The trial finds no excessive wear, sludge or microbial growth after continuous biofuel use.

18 Sep 2025

U.S. Distillates Rise Causes Oil Losses As Traders Ignore Crude And Gasoline Draws

Meanwhile, Singapore refining giant ownership stake is targeted by commodity traders.

17 Sep 2025

Decarbonisation Group Warns of Investment Risks if Net-Zero Framework Adoption Falters

The Getting to Zero Coalition warns that political will at the IMO will decide if IMO's 2028 framework moves forward.

17 Sep 2025

Monjasa Reports 'Surge' in Applications for Bunker Training Programme

A total of 1,530 people applied for the Monjasa Oil & Shipping Trainee programme this year, up from an average of 777 applications per year in 2020-2024.

17 Sep 2025

August Sees Zero Alternative-Fuel Vessel Orders for First Time Since 2018: DNV

DNV says 178 alternative-fuelled vessels have been ordered so far this year, down from 350 ordered for the same period last year.

17 Sep 2025

BUNKER PRICES: G20-VLSFO Index Rises for First in Nine Sessions

Global VLSFO prices jumped to a one-week high on Tuesday.

17 Sep 2025

Far East-Europe Spot Container Freight Rates Under Pressure Despite Ship Shortage

Container lines face weak spot rates on the Far East-Europe trade, even as vessel shortages persist across key services.

17 Sep 2025