All News

Bunker Market: Counterparty Risk Moves Centre Stage

As traders seek to satisfy buyers and protect their position.

8 Mar 2022

FEATURE: Bunker Industry in State of Uncertainty as Traders Brace for Russia Impact

Short-term gains are there to be made in bunker margins with crude at 14-year highs and as freight demand rises, but a host of challenges are around the corner.

8 Mar 2022

BUNKER JOBS: Biofuel Producer Renewable Energy Group Seeks Bunker Sales Manager

The company is looking for candidates with extensive experience with sales of petroleum products and/or renewable fuels.

8 Mar 2022

Cruise Ship Detained in Singapore

Move against ship linked to demise of Genting Hong Kong.

8 Mar 2022

Russian Far East Bunker Market Holding Up Despite Ukraine Crisis

Demand at the ports of the Primorsky Krai region remains at around 100,000 mt/month, market sources tell Ship & Bunker.

8 Mar 2022

Fujairah VLSFO Price Breaches $1,000/MT Level

The VLSFO price at the Middle Eastern hub surged by $76.50/mt to $1,0001/mt on Monday.

8 Mar 2022

Oil Approaches $140 Per Barrel As Russia Warns Of Prices Above $300 If Bans Are Enacted

Meanwhile, OPEC remains steadfast in refusing to increase supply.

7 Mar 2022

CMA CGM Steps Up Fuel Hedging as Bunker Costs Surge

The firm paid $4.23 billion for bunkers and consumables in 2021, up by 37.5% from the $3.07 billion paid the previous year.

7 Mar 2022

Pacific International Lines Orders Four LNG-Fuelled Large Boxships

The firm has ordered the four 14,000 TEU vessels from Jiangnan Shipyard Group.

7 Mar 2022

Gibraltar: UK Logs More Incursions Than Spain

But big difference down to way incidents are recorded.

7 Mar 2022

New Report Assesses Best Alt Fuel Routes for Shipping

Research undertaken by Global Industry Alliance to Support Low Carbon Shipping.

7 Mar 2022

ARA 30-Day Payment Terms Dropping to Seven: Sources

As players assess impact of sanctions on market.

7 Mar 2022

Ukraine to Shift Agricultural Exports From Sea to Rail

Ukraine exported 43 million mt of various grains in the 2021/22 season.

7 Mar 2022

Union Workers at UK Port Block Russian Oil Shipment

Workers from the Unite union refused to unload a cargo of Russian crude destined for the Stanlow refinery at Ellesmere last week.

7 Mar 2022

Singapore Imposes Sanctions on Russia Over Ukraine Invasion

Singapore has sanctioned four Russian banks: VTB, Vnesheconombank, Promsvyazbank and Bank Rossiya.

7 Mar 2022

Global Bunker Supplier Peninsula Halts Russia-Related Business

The suspension applies to business with Russian ships, ports, companies, suppliers and financial institutions.

4 Mar 2022

CMA CGM Bunkers LNG at Bilbao for First Time

Spanish energy producer Repsol bunkered the Containerships Borealis with LNG at Bilbao on Thursday.

4 Mar 2022

Wärtsilä Halts Sales to Russia

The firm will comply with all sanctions imposed on the country and has suspended deliveries to Russia.

4 Mar 2022

Analytics Firm Tracks 126 Tankers at Sea Carrying Oil From Russian Ports

The vessels are carrying up to 87.4 million barrels of oil.

4 Mar 2022

Vancouver Bans Open-Loop Scrubber Discharge

From March 1, ships anchored or at berth at the port will not be allowed to discharge scrubber washwater.

4 Mar 2022