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MARKET SURVEY: 2023 Q3 Global Bunker Hub Demand Slipped 1.1% on Year
MARKET SURVEY: 2023 Q3 Global Bunker Hub Demand Slipped 1.1% on Year
Ship & Bunker and 2050 Marine Energy's latest global bunker market survey shows a drop in sales in Q3, with further disruption expected at the end of the year.
20 Dec 2023
Bunker Firm Island Oil Opens Hong Kong Trading Office
Bunker Firm Island Oil Opens Hong Kong Trading Office
The new Hong Kong office will be managed by Michell Kamphorst, the firm's head of international trading in Asia.
20 Dec 2023
Malaysia Bans Israel-Linked Ships
Malaysia Bans Israel-Linked Ships
Malaysia will not allow port calls by any ships registered in Israel, owned by Israelis or heading to Israeli ports.
20 Dec 2023
DeaL Energy Supplies 100% Biofuel to Dry Bulk Carrier
DeaL Energy Supplies 100% Biofuel to Dry Bulk Carrier
Lauritzen Bulkers' 37,700 mt vessel the Indian Bulker took on a 100% biofuel stem in Northwest Europe last week.
20 Dec 2023
Red Sea Taskforce May Take Weeks to Take Effect: Maersk CEO
Red Sea Taskforce May Take Weeks to Take Effect: Maersk CEO
"It's going to take a few weeks for the taskforce to be fully operational and reopen the safe passage across the Red Sea," Maersk's Vincent Clerc said.
20 Dec 2023
Large Boxships Trapped in Red Sea Head North for Expensive Return Through Suez
Large Boxships Trapped in Red Sea Head North for Expensive Return Through Suez
Returning north and then voyaging around Africa will end up costing these vessels more than $2 million each in bunker and Suez transit costs, according to Vespucci Maritime's Lars Jensen.
20 Dec 2023
BUNKER JOBS: TFG Marine Seeks Bunker Operator in Athens
BUNKER JOBS: TFG Marine Seeks Bunker Operator in Athens
The company is looking for candidates with experience in vessel operations involving day-to-day coordination of shipping schedules.
20 Dec 2023
Vitol Supplies Fujairah's First Biofuel Bunker Stems
Vitol Supplies Fujairah's First Biofuel Bunker Stems
The firm's marine fuels arm, Vitol Bunkers, supplied the B24 blend delivered to two ships at the Middle Eastern hub on December 8 and 14.
20 Dec 2023
BUNKER PRICES: G20-VLSFO Index Advances to Two-Week High
BUNKER PRICES: G20-VLSFO Index Advances to Two-Week High
Ship & Bunker's G20-VLSFO Index jumped to the highest level since December 6 on Tuesday.
20 Dec 2023
Suez Avoidance to Add 40% to Singapore-Rotterdam Bunker and EUA Cost
Suez Avoidance to Add 40% to Singapore-Rotterdam Bunker and EUA Cost
A host of leading shipping companies have announced they will be refraining from using Suez until further notice because of attacks in the Red Sea.
20 Dec 2023
Oil Rises Again On Red Sea Concerns But Analysts Doubt Full-Blown Rally
Oil Rises Again On Red Sea Concerns But Analysts Doubt Full-Blown Rally
Meanwhile, hopes for a brighter 2024 result in huge U.S. production output.
19 Dec 2023
Wallenius Wilhelmsen Reroutes Ships Around Africa After Red Sea Attacks
Wallenius Wilhelmsen Reroutes Ships Around Africa After Red Sea Attacks
The company is rerouting all vessels planned for Red Sea traffic to voyage around the Cape of Good Hope in Africa instead.
19 Dec 2023
Baseblue Delivers Biofuel Bunker Stem at Ijmuiden
Baseblue Delivers Biofuel Bunker Stem at Ijmuiden
The firm recently delivered the blend to the Clipper Stad Amsterdam at Ijmuiden, a company representative tells Ship & Bunker.
19 Dec 2023
UK Reports 'Suspicious Approach' Near Red Sea
UK Reports 'Suspicious Approach' Near Red Sea
The vessel was approached by four small boats about 80 nautical miles north-east of Djibouti at about 5:30 AM UTC.
19 Dec 2023
UK Reports New Incident in Red Sea
UK Reports New Incident in Red Sea
The UK Maritime Trade Operations agency reported the incident happened about 80 nautical miles north-east of Djibouti on Tuesday morning.
19 Dec 2023
HMM Joins Red Sea Boxship Exodus After Houthi Attacks
HMM Joins Red Sea Boxship Exodus After Houthi Attacks
The company's ships will avoid the area and take the longer route around Africa 'as a precautionary measure'.
19 Dec 2023
Hapag-Lloyd to Continue Avoiding Red Sea Until at Least January
Hapag-Lloyd to Continue Avoiding Red Sea Until at Least January
The firm announced a pause in its ships entering the Red Sea on Friday, and that pause is now set to be extended for at least the next two weeks.
19 Dec 2023
South Africa Prepares for Increased Bunker Demand as Ships Avoid Suez
South Africa Prepares for Increased Bunker Demand as Ships Avoid Suez
Product availability is good at Cape Town and Durban, but no end to the Algoa Bay customs dispute is yet in sight, a local source tells Ship & Bunker.
19 Dec 2023
BUNKER PRICES: G20-VLSFO Index Advances for Third Day
BUNKER PRICES: G20-VLSFO Index Advances for Third Day
Ship & Bunker's G20-VLSFO Index rose to the highest level since December 7 on Monday.
19 Dec 2023
Oil Rises As BP Joins Other In Avoiding Red Sea Transport Route
Oil Rises As BP Joins Other In Avoiding Red Sea Transport Route
Meanwhile, banks see gains for crude in 2024 due to high demand.
19 Dec 2023