World News

Oil Drops To Three-Week Low As Trump, China Render Traders Rudderless

Meanwhile, Washington relaxes restrictions on business dealings with Venezuela.

25 Jul 2025

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

Global VLSFO prices broke an almost two-week losing streak on Thursday.

25 Jul 2025

Holland Shipyards Delivers Diesel-Electric Cement Carrier

The vessel will operate in the Great Lakes region in Canada.

25 Jul 2025

NYK Starts Regular Use of Bio-LNG to Power Car Carriers

NYK Line has begun using bio-LNG continuously to power its car carrier fleet.

25 Jul 2025

Weekly Vessel Scrapping Report 2025: Week 29

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 17 – July 23, 2025.

25 Jul 2025

ANALYSIS: VLSFO Prices Forecast to Drop to Levels Not Seen Since Covid-19 Era

Ship & Bunker's latest forecast shows bunker prices falling through the end of 2026, with VLSFO averaging $547/mt in 2025 and holding below $500/mt next year.

24 Jul 2025

Corsica Linea Ferry Cuts Bunker Use by Up to 22% with Wärtsilä Upgrades

Wärtsilä installed a bunch of systems to improve the fuel efficiency of the vessel.

24 Jul 2025

UKMTO Reports Suspicious Approach in Red Sea

The ship was approached north-west of Al Mukha in Yemen at about 2 AM UTC on Thursday.

24 Jul 2025

Ballard Secures Marine Fuel Cell Order for Samskip Vessels

The fuel cell modules are scheduled to be delivered between this year and next year.

24 Jul 2025

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

Global VLSFO prices have declined throughout this week, and remain at a six-week low.

24 Jul 2025

First US-Built LNG Carrier Ordered Since Late 1970s

The deal includes a firm order and an option for a second ship, with plans to transfer LNG shipbuilding capabilities to the US shipyard gradually.

24 Jul 2025

Oil Dips As Trump Announces Tariff Breakthroughs And U.S. Stockpiles Rise

Meanwhile, Iran's oil exports surge as its citizens suffer power outages.

23 Jul 2025

VIEWPOINT: Why Good Bunker Traders Sometimes Leave to Join a Competitor

Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.

23 Jul 2025

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Global VLSFO prices remain at their lowest level in almost six weeks.

23 Jul 2025

VPS: How Stable is Your Marine Fuel?

VPS's Steve Bee discusses potential stability problems in residual fuels, distillates and biofuel blends.

22 Jul 2025 · Steve Bee, Group Marketing & Strategic Projects Director, VPS

LNG-Fuelled Ships Can Pay for Their Higher Costs in Five Years Under IMO 2028: SEA-LNG

The organisation sees a relative payback of 4.5-5 years under the IMO 2028 deal for an LNG-fuelled 14,000 TEU container ship on the Japan to US West Coast route, compared to VLSFO.

22 Jul 2025

Bar Technologies Secures Wind Propulsion Contract for Dual-Fuel Tankers

Bar Technologies claim the system can deliver an average daily bunker fuel savings of 3 mt.

22 Jul 2025

Grimaldi Names First Ammonia-Ready Pure Car and Truck Carrier

The vessel was named in China and has a capacity of 9,000 car equivalent units.

22 Jul 2025

BUNKER PRICES: G20-VLSFO Index Slips to Six-Week Low

Global VLSFO prices are on the decline.

22 Jul 2025

Oil Dips As Russia Sanctions And Geopolitical Tensions Are Shrugged Off

Meanwhile, Poland lays claim to a massive oil and gas deposit.

21 Jul 2025