All News

UK Reports New Incident Off Somalia

The incident happened at 12:22 PM UTC, the UK Maritime Trade Operations agency said in a social media post on Friday, without providing further details.

22 Dec 2023

BUNKER JOBS: Brokerage Seeks Bunker Manager in Dubai

The company is looking for candidates with at least three years of experience in bunker broking, with a proven track record in management.

22 Dec 2023

No Change in Plans on Cockett Stake Sale: Grindrod

Grindrod's strategy remains 'to exit this investment responsibly' and the firm is in discussions with Vitol on how to achieve that, a company representative tells Ship & Bunker.

22 Dec 2023

Fujairah November Bunker Sales Sink to Five-Month Low

November's sales were 2.9% lower than the average seen over the previous 12 months.

22 Dec 2023

Container Line ONE Joins Red Sea Boxship Exodus

The company will either reroute vessels around the Cape of Good Hope or pause their voyages and reposition them in a safe location, with immediate effect.

22 Dec 2023

Two Singaporeans Charged Over Alleged Gasoil Exports to North Korea

A total of 12,260 mt of gasoil was allegedly supplied.

22 Dec 2023

BUNKER JOBS: Bunker Holding Seeks Innovation Manager in Denmark

The company is looking for candidates with an educational background in business, innovation management or technology, and proven experience in concept generation and innovation leadership.

22 Dec 2023

BUNKER PRICES: G20-VLSFO Index on Longest Winning Streak Since August

Global average VLSFO prices rose for a sixth consecutive session on Thursday in their longest rising streak since August.

22 Dec 2023

Angola Halts Oil's Winning Streak, Reduces OPEC Membership to 12

Meanwhile, Harbour Energy acquires Wintershall's assets for $11 billion.

21 Dec 2023

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 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'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

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

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

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

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

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

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

Meanwhile, the U.S. achieves record crude output.

20 Dec 2023

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