All News

IEA Projects Slower 2025 Oil Demand Growth vs OPEC

The International Energy Agency (IEA) projects global oil demand to grow by 1.05 million b/d in 2025, well below OPEC's optimistic projection of 1.4 million b/d.

16 Jan 2025

Uni-Fuels Shares Rise After US IPO

By the close on Wednesday Uni-Fuels was trading at $4.23 per share, up from a $4 per share offering in the IPO.

16 Jan 2025

Lindsay Blee Hires Tammi Ingannamorte as Strategic Development VP

Ingannamorte was previously vice president for global bunker and America sales at ZeroNorth.

16 Jan 2025

OPEC Maintains 2025 Oil Demand Growth Forecast, Projects Robust Growth for 2026

The Organization of the Petroleum Exporting Countries (OPEC) projects global oil demand to grow by 1.4 million b/d in 2025 and 2026, led by strong demand for transport fuels.

16 Jan 2025

Port of Oakland Sees Surge in Shore Power Usage in H1 2024

Shore power usage at the Port of Oakland averaged 94% in the first half of 2024, a rise from 85% for all of 2023.

16 Jan 2025

Oil Continues To Soar On Supply Concerns, While Gaza Ceasefire Fails To Sway Traders

Meanwhile, India scrambles to settle its oil debts with Russia.

15 Jan 2025

Singapore Lists Top Ten Suppliers for 2024

Rather than rank all 41 of its licensed suppliers by volume, the authority has published an alphabetical list of its top ten suppliers.

15 Jan 2025

MOL Secures Time-Charter Agreement with JERA for LNG Newbuild

Japanese shipping firm Mitsui OSK Lines (MOL) has signed a long-term charter deal with power utility firm JERA for its upcoming LNG carrier.

15 Jan 2025

ANALYSIS: Singapore 2024 Bunker Sales Jump to Record High

Singapore's conventional and biofuel total for 2024 reached 54.48 million mt, up by 5.3% on the year and the highest on record.

15 Jan 2025

Sallaum Lines to Install Wärtsilä Tech to Boost Bunker Fuel Efficiency

Engine manufacturer Wärtsilä will install two of its propulsion technologies on Sallaum Lines' vehicle carriers to improve bunker fuel efficiency.

15 Jan 2025

Svitzer Orders Another Battery-Powered Tug

The battery-powered tugboat will be used for towage services in the Øresund Strait between Denmark and Sweden.

15 Jan 2025

BUNKER JOBS: Maersk Seeks ESG Reporting Manager in Copenhagen

The company is looking for candidates with three to five years of EST reporting, controlling or auditing experience within a large company.

15 Jan 2025

New Green Hydrogen Project Launched in Northern Germany

The 80,000 mt/year green hydrogen production facility is planned to be built in Sande, Germany.

15 Jan 2025

BGN Hires Head of AG Fuel Oil in Dubai

The new hire previously served as head of fuel oil for Asia at Montfort.

15 Jan 2025

Denmark Overtakes Germany to Become 9th Largest Maritime Nation

Total Danish-operated tonnage has risen by 2.2 million mt since June 2024, reaching 60.5 million mt now.

15 Jan 2025

Bunker Trader Uni-Fuels Sets Price Offer For US IPO

The firm had revenues of $74.2 million and net profit of $101,972 in the first half of 2024.

15 Jan 2025

Crew Rescued After Fire on Tanker Off Malaysia

On Sunday, the Malaysian Maritime Enforcement Agency rescued 14 crew members from the Mongolia-registered tanker, Eagle 1, after it caught fire.

15 Jan 2025

Gaza Ceasefire Unlikely to Lead to Imminent Suez Rerouting: Container Expert

With reports indicating that the Israel-Gaza ceasefire agreement is in its final stages, it is unlikely that shipowners will immediately begin rerouting vessels through the Suez Canal.

15 Jan 2025

BUNKER PRICES: G20-VLSFO Index Advances to Three-Month High

Ship & Bunker's G20-VLSFO Index gained $2/mt to its highest level since October 14 on Tuesday.

15 Jan 2025

World Fuel Services Hires Marine Business Development and Energy Transition Director

Kimberly Westmoreland has taken on the role of marine business development and energy transition director at World Fuel Services as of this month.

15 Jan 2025