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Weekly Vessel Scrapping Report 2023: Week 50
Weekly Vessel Scrapping Report 2023: Week 50
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 14 – December 20, 2023.
21 Dec 2023
Angola Leaves OPEC
Angola Leaves OPEC
Angola has been an OPEC member since 2007, and produces about 1.1 million b/d of crude.
21 Dec 2023
Panama November Bunker Demand Drops to 14-Month Low on Reduced Canal Capacity
Panama November Bunker Demand Drops to 14-Month Low on Reduced Canal Capacity
Panama's November total was down by 7.5% from a year earlier, by 12% from October's level and the lowest monthly total since September 2022.
21 Dec 2023
MSC Adds $500/TEU Surcharge to Europe-Asia Container Shipments
MSC Adds $500/TEU Surcharge to Europe-Asia Container Shipments
The firm plans to charge an extra $500/TEU, $1,000/FEU and $1,500 per reefer container for European exports to the Far East and Middle East.
21 Dec 2023
Bunker Holding Sees Rising African Demand Following Red Sea Diversions
Bunker Holding Sees Rising African Demand Following Red Sea Diversions
Global Risk Management reported the trend of rising African demand -- while ARA and Asia are less affected -- following a meeting with sister company Bunker Holding.
21 Dec 2023
BUNKER PRICES: G20-VLSFO Index Advances for Fifth Day
BUNKER PRICES: G20-VLSFO Index Advances for Fifth Day
Ship & Bunker's G20-VLSFO Index gained $5/mt to $634/mt on Wednesday, remaining at the highest level since December 6.
21 Dec 2023
BUNKER JOBS: Freight Investor Services Seeks Fuel Oil Broker in Singapore
BUNKER JOBS: Freight Investor Services Seeks Fuel Oil Broker in Singapore
The company is looking for candidates with demonstrable experience in a broking environment and a deep understanding of price-risk management.
21 Dec 2023
CMA CGM to Charge $1,575/TEU Extra for Containers to Red Sea Ports
CMA CGM to Charge $1,575/TEU Extra for Containers to Red Sea Ports
The firm will charge $1,575/TEU and $2,700/FEU for dry cargo and $3,000 per reefer container and for special equipment.
21 Dec 2023
Monjasa Already Sees WAF Bunker Demand Boost From Ships Avoiding Red Sea
Monjasa Already Sees WAF Bunker Demand Boost From Ships Avoiding Red Sea
The firm has already made its first supplies in West Africa to ships rerouting to avoid Suez, senior trader Simone Piredda tells Ship & BUnker.
21 Dec 2023
Oil Ekes Out Diminishing Returns On Red Sea Angst, Bearish Sentiment Prevails
Oil Ekes Out Diminishing Returns On Red Sea Angst, Bearish Sentiment Prevails
Meanwhile, the U.S. achieves record crude output.
20 Dec 2023
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
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