World News

Tankers International Adds Lila Global to VLCC Pool

Lila Global has joined Tankers International's VLCC pool with its vessel Lila Kochi, expanding the pool to 29 ships.

21 Jul 2025

OrbitMI Buys AuQub to Boost AI for Shipping

OrbitMI has agreed to acquire Canadian AI firm AuQub to enhance real-time decision-making and automate maritime workflows.

21 Jul 2025

EU Lowers Russian Oil Price Cap, Adds Over 100 Ships to Sanctions List

The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft.

21 Jul 2025

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

Ship & Bunker's G20-VLSFO Index was little changed at its lowest level since June 12 on Friday.

21 Jul 2025

Norway's MPCC Orders Four Alt-Fuel Ready Boxships

Each vessel will be chartered on a three-year contract to an unnamed container line.

21 Jul 2025

Oil Down For The Week As Bullish/Bearish Elements Nullify Forward Trajectory

But Iraq's output disruptions are stoking tightness fears.

18 Jul 2025

Anemoi Seeks to Standardise Wind Propulsion Performance Verification

Anemoi has developed an in-service performance verification process for wind-assisted propulsion systems.

18 Jul 2025

BUNKER PRICES: G20-VLSFO Index Drops to One-Month Low

Global VLSFO prices are at their lowest level in more than a month.

18 Jul 2025

Carbon Insetting Can Bridge Pre-2028 IMO Gap, But Biofuel Reliance Could Backfire

New UCL and UMAS report says carbon insetting can support early decarbonisation but warns that focusing too heavily on biofuels could slow progress toward scalable zero-emission fuels.

18 Jul 2025

Oil Up As Traders Reassess U.S. Crude Stocks, Now Decide That Inventories Are Tight

Meanwhile, analysts continue to obsess over tariff ramifications.

17 Jul 2025

Weekly Vessel Scrapping Report 2025: Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 10 – July 16, 2025.

17 Jul 2025

Small Shipowners Face Complexity Without Clear Climate Rules: ICS

The shipping organisation warns that smaller shipowners could struggle with complex climate rules, and urges the EU to replace its ETS with the IMO's net-zero framework once it is adopted.

17 Jul 2025

Aurora Marine Fuels Gets ISCC Certification

The certification enables the firm to supply sustainable and traceable biofuel blends.

17 Jul 2025

INTERVIEW: KPI OceanConnect Remains Optimistic Despite 'Market in Flux'

CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker.

17 Jul 2025

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

Ship & Bunker's G20-VLSFO Index fell by $5/mt to its lowest level since July 2 on Wednesday.

17 Jul 2025

Oil Extends Losses As Inventory Build Spooks Traders, Despite Robust Demand

Meanwhile, U.S. drillers again express concern over low crude prices.

16 Jul 2025

WinGD Completes First Installation of Ammonia-Fuelled Engine

The engine has been installed on a gas carrier being built for Exmar by HD Hyundai Mipo shipyard in South Korea.

16 Jul 2025

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Ship & Bunker's G20-VLSFO Index fell by $0.50/mt to $557/mt on Tuesday, paring the previous day's $3.50/mt gain.

16 Jul 2025

Traders Buoyed By Trump's "Soft" Stance On Russia, Oil Dips Minimally

Analysts consider a shift in global oil markets if Trump imposes the tariffs.

15 Jul 2025

KPI OceanConnect Sees 55% Drop in Pre-Tax Earnings in 2024/25

The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year.

15 Jul 2025