World News

Oil Down As Analysts Bet On Peace Talks' Potential To Boost Global Glut

But Rystad Energy believes the market is actually quite tight.

19 Aug 2025

First Ammonia-Fuelled Ships to Run on Ammonia Only 25-50% of the Time: Report

Getting to Zero Coalition says early ships will use ammonia only part of the time as operators take a cautious approach.

19 Aug 2025

Fleetzero Partners with Glosten to Develop World's Longest-Range Hybrid Electric Ship

Fleetzero and Glosten are working to retrofit a vessel with a plug-in hybrid electric propulsion system.

19 Aug 2025

BUNKER PRICES: G20-VLSFO Index Drops to 11-Week Low

Global VLSFO prices resumed their downward trend on Monday.

19 Aug 2025

QatarEnergy Expands Fleet with New Dual-Fuel LNG Carrier

The vessel features two dual-fuel engines from WinGD.

19 Aug 2025

Ukraine/Washington Peace Talks Cause Modest Oil Price Boost, But Outcomes Unclear

Analysts now await a proposed meeting between Russia,Ukraine, and the U.S.

18 Aug 2025

Fuelre4m: Rethinking Fuel Efficiency in Maritime Shipping

Rob Mortimer, CEO of Fuelre4m, discusses the limitations of using Specific Fuel Oil Consumption and manufacturer power curves to measure fuel efficiency.

18 Aug 2025 · Rob Mortimer, CEO, Fuelre4m

Lloyd's Register Flags Risk of Inaccurate Energy Values in Biofuels

Lloyd's Register says biofuel blends are becoming popular in shipping, but miscalculated energy values could impact fuel planning and costs.

18 Aug 2025

BUNKER PRICES: G20-VLSFO Index Rises for First in 11 Sessions

Global VLSFO prices jumped for the first time in two weeks on Friday.

18 Aug 2025

ADNOC L&S JV Joins Global Ethane Market With First Dual-Fuel Carrier Delivery

The vessel aims to cater to the growing ethane transport, especially in Asian markets.

18 Aug 2025

WinGD: Shipping's Net Zero Future Needs Sharper Signals, Soon

WinGD CEO Dominik Scheiter discusses the need for more clarity on the IMO's net-zero framework to emerge as soon as possible.

15 Aug 2025 · Dominik Schneiter, CEO, WinGD

Island Oil Hires Head of Israel Physical Supply From Peninsula

The new hire previously worked for Peninsula since November 2009.

15 Aug 2025

BUNKER PRICES: G20-VLSFO Index Drops to 11-Week Low

Bunker prices are at their lowest point since the end of May.

15 Aug 2025

Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

But the prospect of a Fed cut is speculative at best.

14 Aug 2025

Weekly Vessel Scrapping Report 2025: Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 7 – August 13, 2025.

14 Aug 2025

Fire Reported on Maersk Boxship Off Liberia

The fire broke out on the 18,340 TEU container ship Marie Maersk off the coast of Liberia on Wednesday.

14 Aug 2025

VLSFO May Average as Little as $411/MT Next Year

The last time the G20-VLSFO Index was as low as $411/mt was in December 2020, when the COVID-19 pandemic was heavily suppressing global crude demand.

14 Aug 2025

Everllence Partners with Meyer Re for Shipping Methanol Retrofits

Everllence and Meyer Re have teamed up to deliver methanol retrofit solutions for shipping.

14 Aug 2025

Hapag-Lloyd 1H 2025 Bunker Consumption Gains 7.6% on Year

The firm's fleet consumed 2.5 million mt of bunker fuels in 1H 2025.

14 Aug 2025

BUNKER PRICES: G20-VLSFO Index Drops for Ninth Session

Global VLSFO prices have dropped every day for almost two weeks.

14 Aug 2025