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BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low
BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low
Ship & Bunker's G20-VLSFO Index reached the lowest level since November 17 on Friday.
27 Nov 2023
Israel-Linked Chemical Tanker Detained in Gulf of Aden
Israel-Linked Chemical Tanker Detained in Gulf of Aden
The Liberian-flagged 20,000 DWT chemicals tanker Central Park was seized in international waters about 54 nautical miles off Somalia on Sunday.
26 Nov 2023
Cargo Ship Sinks in Aegean Sea
Cargo Ship Sinks in Aegean Sea
The Comoros-flagged 6,300 DWT vessel Raptor reported a mechanical failure and issued a distress call off the coast of Lesbos early on Sunday.
26 Nov 2023
Eastern Pacific Shipping Container Ship Attacked by Drone in Indian Ocean
Eastern Pacific Shipping Container Ship Attacked by Drone in Indian Ocean
The 15,264 TEU boxship CMA CGM Symi was targeted by a Shahed-136 drone in international waters in the Indian Ocean on Friday.
25 Nov 2023
Oil Heads for Monthly Loss on Returned Hostages and Potential OPEC Compromise
Oil Heads for Monthly Loss on Returned Hostages and Potential OPEC Compromise
Prices for two benchmarks are down considerably since September.
24 Nov 2023
Danelec Moves Into Vessel Optimisation With Nautilus Labs Platform Acquisition
Danelec Moves Into Vessel Optimisation With Nautilus Labs Platform Acquisition
The firm has signed a deal to acquire the Nautilus Labs technology platform.
24 Nov 2023
Yacht Bunker Supply Operation Launched at Barcelona's Marina Port Vell
Yacht Bunker Supply Operation Launched at Barcelona's Marina Port Vell
The pumping system can deliver between 400-450 litres per minute, cutting bunkering time for a superyacht down to four hours from eight hours previously.
24 Nov 2023
Engine X Hires Bunker Trader in Singapore
Engine X Hires Bunker Trader in Singapore
The new hire was previously a bunker trader for Sougyo Marine Pte Ltd in Singapore from December 2021 to September of this year.
24 Nov 2023
Blue Visby Ocean Passage Optimisation Solution Wins ClassNK Approval
Blue Visby Ocean Passage Optimisation Solution Wins ClassNK Approval
The service can reduce emissions by up to 15% by optimising ocean passage to eliminate the 'sail fast, then wait' problem that leaves vessels consuming bunkers while waiting unnecessarily at ports.
24 Nov 2023
Singapore's ONE Tries Out Containerised Wind Propulsion Technology
Singapore's ONE Tries Out Containerised Wind Propulsion Technology
The onboard trial of the systems will run for about six months from January 2024, and each of the two systems can save up to 5% in bunker consumption.
24 Nov 2023
ElbOil Hires Senior Bunker Trader in Middle East
ElbOil Hires Senior Bunker Trader in Middle East
The new hire had previously worked for Praxis Energy Agents from January 2011 to this month.
24 Nov 2023
New Oil Tanker in China Takes on Rotor Sails
New Oil Tanker in China Takes on Rotor Sails
The system is expected to save the vessel about 8% in its bunker consumption and GHG emissions.
24 Nov 2023
BUNKER PRICES: G20-VLSFO Index Slips for Second Day
BUNKER PRICES: G20-VLSFO Index Slips for Second Day
Ship & Bunker's G20-VLSFO Index lost $3.50/mt to $670/mt on Thursday, reaching the lowest level since November 20.
24 Nov 2023
Oil Extends Losses Despite Suggestion That OPEC Angst Is Overdone
Oil Extends Losses Despite Suggestion That OPEC Angst Is Overdone
Bearish sentiment was also stoked by mixed report on euro zone business activity.
23 Nov 2023
Weekly Vessel Scrapping Report 2023: Week 46
Weekly Vessel Scrapping Report 2023: Week 46
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 16 – November 22, 2023.
23 Nov 2023
Chile's VLSFO Prices Surge With Arrival of Imported Product
Chile's VLSFO Prices Surge With Arrival of Imported Product
VLSFO availability has recently run short, and a local refinery has now imported some new product to meet demand at a significantly higher price, a local source tells Ship & Bunker.
23 Nov 2023
Stolt Tankers Mulls Methanol Retrofits for Six New Vessels
Stolt Tankers Mulls Methanol Retrofits for Six New Vessels
The six tankers are suitable for both methanol and battery power retrofits, a company representative tells Ship & Bunker.
23 Nov 2023
BUNKER JOBS: Trading Firm Seeks Bunker Manager in London
BUNKER JOBS: Trading Firm Seeks Bunker Manager in London
The company is looking for candidates with at least five years of experience in bunker trading.
23 Nov 2023
Methanol-Fuelled Ships Are Getting More Expensive
Methanol-Fuelled Ships Are Getting More Expensive
Adding methanol propulsion to a new boxship order can now add 20% to the price.
23 Nov 2023
Wärtsilä to Carry Out Propulsion Efficiency Retrofits on Ten Hafnia Tankers
Wärtsilä to Carry Out Propulsion Efficiency Retrofits on Ten Hafnia Tankers
The retrofits are expected to cut fuel consumption and emissions in all operating conditions.
23 Nov 2023