All News

Weekly Vessel Scrapping Report 2024: Week 10

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 7 – March 13, 2024.

14 Mar 2024

UK Reports New Ship Attack in Gulf of Aden

The unnamed ship's master reported an explosion close to the vessel 50 nautical miles south-east of Aden at about 4:18 AM UTC on Thursday.

14 Mar 2024

BUNKER PRICES: G20-VLSFO Index Advances for First in Four Sessions

Ship & Bunker's G20-VLSFO Index rose by $1/mt to $657.50/mt on Wednesday, paring the previous session's $1.50/mt fall.

14 Mar 2024

Shell Lowers Carbon Emission Reduction Ambitions

The firm published a revised energy transition on Wednesday, setting a target of a 15-20% reduction in the net carbon intensity of its energy products from 2016's levels by 2030.

14 Mar 2024

Hapag-Lloyd Renews CEO's Contract for Five More Years

The company's board has extended Rolf Habben Jansen's term as CEO to March 31, 2029.

14 Mar 2024

ANALYSIS: Singapore Posts Best Ever February Bunker Sales

February's total was up by 18.1% from the same month a year earlier, while LNG rose to a record high.

14 Mar 2024

BUNKER JOBS: VPS Seeks Marine Technology VP in UK

The company is looking for candidates with at least ten years of experience in hardware product management and prior experience in the maritime industry.

14 Mar 2024

Vitol Signs Maldives Bunkering Partnership Deal

The State Trading Organisation of the Maldives signed a deal with Vitol this week to establish an international bunkering hub in Ihavandhippolhu Atoll.

14 Mar 2024

BUNKER JOBS: Glencore Seeks Bunker Procurement Specialist in London

The company is looking for candidates with extensive bunker procurement experience either from a commodities or shipping background.

14 Mar 2024

Oil Breaks Rangebound Confines On Huge, If Fleeting, U.S. Stock Draws

A host of analysts now think market tightness will dominate 2024.

13 Mar 2024

New York to Require Cruise Ships to Use Shore Power Connections

Cruise ships will be required to use shore power connections where the facilities are available and it is safe and practicable to do so.

13 Mar 2024

INSIGHT: Unsung Heroes - The Credit Manager

Shipergy CEO Daniel Rose discusses the underappreciated role of credit managers in the bunker market.

13 Mar 2024 · Daniel Rose, Shipergy

MOL Works With Mining Firm Rio Tinto on Maritime Decarbonisation

The two firms have signed a partnership agreement setting out plans to cooperate in areas including alternative shipping fuels.

13 Mar 2024

Unimot Group Expands to Polish Bunker Market

The firm made its first delivery in Poland on March 11, bunkering the Fairplay VII at Gdynia.

13 Mar 2024

BUNKER PRICES: G20-VLSFO Index Drops for Third Session

Ship & Bunker's G20-VLSFO Index sank to the lowest level since February 26 on Tuesday.

13 Mar 2024

Gate Terminal Sees Need for More LNG Bunkering Capacity at Rotterdam

The terminal has launched a call for expressions of interest in constructing a new jetty for small-scale LNG loading.

13 Mar 2024

BUNKER JOBS: Bunker Partner Seeks Senior Bunker Trader in Singapore

The company is looking for candidates with fluent English and Mandarin, as well as at least four years of experience in bunker sales.

13 Mar 2024

Liquidators Appointed for Singapore Bunker Firm Sea Hub Energy

Tan Wei Cheong and Lim Loo Khoon have been appointed as joint and several provisional liquidators of the firm.

13 Mar 2024

BUNKER JOBS: Arte Bunkering Seeks Bunker Trader in Singapore

The company is looking for candidates with experience in oil and commodity trading, strong knowledge of fuel and trading strategies and proficiency in Mandarin or Korean.

13 Mar 2024

OPEC Bullish On Demand Outlook, But Prices Remain Range Bound

Meanwhile, the latest drone strike could influence trading moving forward.

12 Mar 2024