All News

IE WEEK: Beumer, De Vos and Draffin Win IBIA Board Seats

Claudia Beumer of VT Group, Jeroen De Vos of Peninsula and independent consultant Nigel Draffin have been elected to the board.

28 Feb 2023

Demand-Fixated Traders Cause More Losses For Oil As Fed Stokes Worries

Meanwhile, China stock market plunge adds to bearish sentiment.

28 Feb 2023

Peninsula Launches Biofuel Bunker Supply in Gibraltar Strait

The firm has received International Sustainability and Carbon Certification (ISSC) approval to commence biofuel supply.

27 Feb 2023

Hapag-Lloyd Signs Multi-Year LNG Bunker Contract With Shell

The deal covers the fuel needs of the container line's 12 new 23,500+ TEU boxships at Rotterdam from the second half of this year onwards.

27 Feb 2023

Wärtsilä-Backed LNG Bunker Methane Slip Project Wins EU Funding

The Green Ray Project consortium is seeking to develop technologies to cut methane slip from LNG marine engines.

27 Feb 2023

Dover's Lack of Cold Ironing Could Keep P&O Hybrids Running on Diesel

As new ferries are to be deployed on Dover-to-Calais route this year.

27 Feb 2023

BUNKER PRICES: G20-VLSFO Index Rises for First Session in Nine

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $5/mt to $638/mt on Friday, paring its overall loss for last weeks as a whole to $22/mt.

27 Feb 2023

Ferry Company Balearia Cut 2022 LNG Bunker Purchases by 95%

The company consumed 36,937 MWh of LNG bunker last year, down by 94.7% from the 698,532 MWh used in 2021.

27 Feb 2023

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