All News

Oil Ends Week Of Doldrums With Projections Leaning Towards Bearish Territory

Optimism over China appears to be no balm for trading pessimism.

24 Feb 2023

Bunker Prices Shrug Off War Effect One Year After Ukraine Invasion

The lower bunker prices one year on from the invasion of Ukraine raise the question of how much Russian oil supply has really been phased out of the marine fuels market.

24 Feb 2023

Saipem Takes on Eni Biofuel Bunkers in Mediterranean

The two firms have signed a memorandum of understanding setting out plans for Saipem's drilling and construction vessels to use biofuels.

24 Feb 2023

BUNKER PRICES: G20-VLSFO Index Drops for Eighth Session

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $8.50/mt to $633/mt on Thursday, remaining at the lowest point since January 11.

24 Feb 2023

Michael Stig Nielsen Steps Down From World Fuel Services

Michael Stig Nielsen has resigned from the company as of this week and is now on garden leave, he tells Ship & Bunker.

24 Feb 2023

Wind Propulsion Installations to Triple in 2023

There were eight wind propulsion installations on large commercial ships in 2022, and this figure is scheduled to jump to 24 this year.

24 Feb 2023

World Fuel Services Sees Q4 Bunker Income Quintuple as Volumes Slip

Last year's record bunker prices drove record profitability for World Fuel Services.

24 Feb 2023

Oil Rises As Traders Take Solace In Possible Massive Russian Production Cut

That plus China's reopening will tighten the market, analysts say.

23 Feb 2023

Weekly Vessel Scrapping Report 2023: Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 16 – February 23, 2023.

23 Feb 2023

Ammonia Body to Host Webinar Examining Marine Ecosystem Impact

The event will be held online on February 24 at 11 AM GMT.

23 Feb 2023

K Line Completes Biofuel Bunker Trial

The firm bunkered its Capesize bulker the Cape Tsubaki with a B24-VLSFO FAME-based biofuel blend in Singapore on November 26.

23 Feb 2023

INTERVIEW: KPI OceanConnect and PIL on Digital Bunkering First

Thomas Lee of KPI OceanConnect and Goh Chung Hun of PIL set out their attitudes to digitalisation to Ship & Bunker after their first SGTraDex-facilitated bunker transaction outside Singapore.

23 Feb 2023

BUNKER PRICES: G20-VLSFO Index Drops to Six-Week Low

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $9/mt to $641.50/mt on Wednesday, reaching the lowest point since January 11.

23 Feb 2023

ElbOil Teams Up With Football Club to Support Victims of Turkish Earthquake

The firm is working with Galatasaray SK to build container homes for some of the victims.

23 Feb 2023

Peninsula Gibraltar LNG Bunker Barge Moves One Step Closer to Delivery

The Levante LNG was launched at the Hyndai Mipo Dockyard in South Korea this week.

23 Feb 2023

ABS Appoints Head of Global Sustainability Team

Panos Koutsourakis has been appointed vice president for global sustainability as of this month.

23 Feb 2023

Oil Plummets As Fed Minutes Strike Fear In The Hearts Of Traders

The U.S. also incurred an expected - yet worrisome - inventory build.

23 Feb 2023

China Starts Construction of Hybrid Fuel Cell and Battery-Powered Ferry

The 23.65 m vessel will have two sets of lithium battery packs and two sets of 120kW hydrogen fuel cells.

22 Feb 2023

BUNKER JOBS: Trading Firm Seeks Head Trader in Dubai

The employer is looking for candidates with at least four years of experience in back-to-back trading and a good relationship with suppliers and port authorities in the UAE.

22 Feb 2023

Top Container Lines to Take Delivery of 89 Large Boxships This Year

Between them the 11 largest container lines are set to take delivery of 89 boxships of between 7,000 and 24,000 TEU in capacity in 2023.

22 Feb 2023