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Weekly Vessel Scrapping Report 2023: Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 26 – February 2, 2023.

2 Feb 2023

CMA CGM is Catching Up to Maersk's Methanol Bunker Dominance

If CMA CGM is confirmed as the buyer in the new Korean boxship order, that would put its methanol-fuelled orderbook close to Maersk's at 246,000 TEU across 18 ships.

2 Feb 2023

Zero New LNG-Fuelled Ship Orders in January

January saw no LNG-fuelled ship orders and two methanol-fuelled ship orders.

2 Feb 2023

BUNKER PRICES: Fujairah VLSFO Sees Biggest Daily Gain Since July

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $13.50/mt to $703.50/mt on Wednesday, reaching the highest level since Friday.

2 Feb 2023

Dan-Bunkering Announces Outcome of European Merger

After 'an astonishing number of applications', the firm has rejected external candidates in favour of appointing its most senior remaining European executive as its new leader in the region.

2 Feb 2023

BunkerEx Hires New Bunker Broker in London

The new hire was previously a manager at UK-based SE Bunker Fuels from October 2019 to November 2022.

2 Feb 2023

BUNKER JOBS: Integr8 Seeks Trainee Bunker Traders Worldwide

The firm is seeking candidates for a three-month traineeship in one of 12 international offices.

2 Feb 2023

Oil Nosedives Over 3% As Traders Fear Demand Is Tanking

Meanwhile, more signals suggest that OPEC will maintain its current output.

2 Feb 2023

Brazilian Bunker Supplier Launches Rio Grande Physical Supply

The firm has already launched MGO sales and aims to start VLSFO deliveries in the near future, a representative tells Ship & Bunker.

1 Feb 2023

Dan-Bunkering Owed £4 Million by Collapsed UK Container Line

ElbOil UK Ltd and Alpha Trading also listed among 35 creditors to vessel operator Allseas Global Project Logistics.

1 Feb 2023

LNG Carrier Runs Aground in Suez Canal

The LNG tanker Grace Emilia ran aground in the canal on Wednesday.

1 Feb 2023

OCI and Unibarge to Launch Rotterdam Methanol Bunker Supply Operation

Unibarge will retrofit its 3,238 DWT bunker barge Chicago both to have dual-fuelled methanol propulsion systems and to operate as a methanol bunker barge for OCI.

1 Feb 2023

BUNKER JOBS: Geoserve Seeks Bunker Trader in Dubai

The company is looking for candidates with at least three years of experience as a bunker trader.

1 Feb 2023

Peninsula Adds Bunker Delivery Vessel in Gibraltar

The 8,000 DWT tanker Hercules Star is on its way to Gibraltar from the Dayang Shipyard in China.

1 Feb 2023

BUNKER PRICES: G20-VLSFO Index Sees Biggest Monthly Gain Since June

Ship & Bunker's G20-VLSFO Index lost $7.50/mt to $690/mt on Tuesday, leaving the index's monthly gain at the highest level since June at $44.50/mt.

1 Feb 2023

South Korea Arrests Chinese Oil Broker Over Alleged Illegal Bunker Transfers

The broker was arrested on Saturday on suspicion of arranging more than 35 transfers totalling 18,000 mt of MDO.

1 Feb 2023

Dan-Bunkering Appoints Senior Offshore and Cruise Fuel Supplier in Middelfart

Joachim Norup Kjaeldgaard has been appointed senior offshore and cruise fuel supplier in Middelfart as of last month.

1 Feb 2023

BUNKER JOBS: V-TIC Seeks Assistant Bunker Testing Lab Manager in Houston

The company is looking for candidates with experience in bunker fuels, IMO regulation and quality control.

1 Feb 2023

INTERVIEW: Wilhelmsen's Roger Strevens on Wind-Assisted Propulsion and Decarbonisation

Wallenius Wilhelmsen's sustainability VP Roger Strevens discusses wind power, expectations from the IMO and attitudes to decarbonisation technologies in an interview with Ship & Bunker.

1 Feb 2023

Weak Dollar Boosts Crude Prices But Bearish Sentiment Remains Undiminished

Meanwhile, OPEC output sinks in January.

31 Jan 2023