All News

US Port Strike on Hold as Longshoremen Agree to Further Contract Negotiations

The International Longshoremen's Association and the United States Maritime Alliance have agreed to extend the previous master contract setting wages and employment conditions until January 15, 2025.

4 Oct 2024

Middle East Tensions At "Highest Level," Oil Skyrockets

SEB predicts that oil could surge to $200 if Israel attacks Iran infrastructure.

3 Oct 2024

Crude Futures Spike as US Discusses Potential Israeli Strike on Iranian Oil

ICE December Brent futures traded at $76.54/bl as of 3:27 PM in London, up from $73.90/bl at the previous day's close.

3 Oct 2024

Weekly Vessel Scrapping Report 2024: Week 39

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 26 – October 2, 2024.

3 Oct 2024

To Know Your Customer, get to Know the Rules, Says Boss of Software Firm

The arrival of FuelEU presents a challenge for shipping companies that bunker players would be wise to understand.

3 Oct 2024

Inaugural MFA Bunker Workshop Opens in London

The event is being held in London on October 3, with around 40 delegates split into groups discussing themes relevant to the industry group's work for its members.

3 Oct 2024

Oilmar Hires Middle East Managing Director

The new hire was previously general manager of Fratelli Cosulich Middle East DMCC.

3 Oct 2024

193 Alternative Fuel Ship Orders Registered in Q3

A busy two months of new orders in July and August were followed by a smaller gain in September.

3 Oct 2024

OK Lim to Pay $3.5 Billion to Hin Leong Liquidators

The family have agreed to pay $3.5 billion to the liquidators, plus annual interest at 5.33% from April 2020 to the present.

3 Oct 2024

MARKET SURVEY: Q2 Bunker Hub Demand Jumped by 1.9% on Year With Red Sea Diversions

Global bunker hub demand continued to climb on a yearly basis in Q2, with Red Sea diversions the largest factor setting the market's direction.

3 Oct 2024

New Bunker Firm FLEX Commodities Hires Junior Trader in Dubai

Abhineet Narang has joined the company as a junior trader as of this month.

3 Oct 2024

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

Ship & Bunker's G20-VLSFO Index gained $15/mt to $603.50/mt on Wednesday, reaching the highest level since September 25.

3 Oct 2024

Tankers International Hires Head of Bunker Strategy and Procurement

The new hire was previously managing partner of Island Gulf Energy in Dubai from July 2016 to last month.

3 Oct 2024

Israel's Retribution For Iran Missile Attack Could Cause Oil Prices To Soar: Analysts

Rapidan Energy calculated that oil could climb by $10-per barrel increments.

3 Oct 2024

Maersk Sister Company to Use Green Methanol for Plastics Production

The new company's production method uses green methanol as a feedstock to produce polypropylene and polyethylene.

2 Oct 2024

Exmar's Ammonia-fuelled Newbuilds to Bunker at Terminal

No need for separate ammonia bunkering protocols as normal loading protocols will apply.

2 Oct 2024

Sea Splendor International Opens New Office in Singapore

The new office is its third outside Hong Kong, after the opening of locations in Shanghai and Seoul.

2 Oct 2024

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

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to the lowest level since September 18 on Tuesday.

2 Oct 2024

Shipergy Hires Senior Trader in Singapore From Pacific Bunkers

The new hire was previously a bunker trader for marine fuel trading firm Pacific Bunkers in Singapore from July 2012 to last month.

2 Oct 2024

BUNKER JOBS: Agunsa Europe Seeks Bunker Trader in Barcelona

The company is looking for candidates with at least three years of relevant experience and fluent English.

2 Oct 2024