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OPEC's Output Boost Causes Oil To Drop - But The Cartel Could Reverse Course
Aug 4, 2025 ... Organization of the Petroleum Exporting Countries' (OPEC) agreeing to another large production increase in September stirred bearish sentiment on Monday, with two key crude benchmarks ...
VPS: The Power of Precision Bunker Quantity Surveys
Aug 4, 2025 ... bunker fuel purchases are mostly made between a vessel operator and a fuel supplier, whilst the vessel is in a port hundreds, or thousands, of miles away from its company offices. Whilst ...
Barcelona and Shanghai Ports Sign Green Corridor and Digitalisation Agreement
Aug 4, 2025 ... Port of Barcelona and Shanghai International Port Group (SIPG) have signed a cooperation agreement to strengthen ties and jointly promote digitalisation, standardisation, and decarbonisation in ...
World Kinect Sees First Quarterly Marine Fuels Loss Since 2017
Aug 4, 2025 ... Kinect – one of the world's largest  bunker suppliers, also known as World Fuel Services – saw its first quarterly loss from marine fuels since the end of 2017 in Q2. World Kinect sold ...
BUNKER PRICES: G20-VLSFO Index Declines for First in Four Sessions
Aug 4, 2025 ... prices mostly declined at ports around the world on Friday, with global average VLSFO prices slipping for the first in four days. Ship & Bunker's G20-VLSFO Index of prices across 20 ...
Hamburg to Make Shore Power Standard for Cruise Ships from 2027
Aug 4, 2025 ... 2027, the Port of Hamburg will expect all cruise ships with shore power capability to plug into onshore electricity while in port, as part of efforts to curb berth-side emissions. The move ...
BYD Adds Seventh LNG Dual-Fuel Carrier to Its Fleet
Aug 4, 2025 ... electric car manufacturer has added a 7,000 CEU capacity LNG-fuelled car carrier to its fleet, taking the count to seven now. The BYD Zhengzhou arrived at Indonesia's Jakarta port for her ...
Performance Shipping Takes Delivery of Scrubber-Fitted LNG-Ready Tanker
Aug 4, 2025 ... firm Performance Shipping has taken delivery of a 114,000 DWT Aframax tanker fitted with scrubbers and suitable for future conversion to LNG-fuelled propulsion. The vessel, M/T P. ...
Panama Bans Registration of 15-Year-Old Tankers and Bulkers to Tackle Shadow Fleet
Aug 4, 2025 ... has barred the registration of tankers and bulk carriers aged 15 years or older, aiming to improve fleet quality and exclude shadow fleet-linked tonnage. The policy follows an internal ...
Groundbreaking Ceremony for Zhuhai Ammonia Fuel Supply Facility
Aug 1, 2025 ... Marine Power Co has held a groundbreaking ceremony for a new ammonia fuel supply facility in Zhuhai. The ammonia fuel supply system for the platform has been supplied by Headway Technology ...
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Weekly Vessel Scrapping Report 2025: Week 40

Weekly Vessel Scrapping Report 2025: Week 40

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 2 – October 8, 2025.

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BIMCO Adds Methanol Annex to Standard Bunker Contract

BIMCO Adds Methanol Annex to Standard Bunker Contract

BIMCO says work on the biofuels clause for charterers is also under way and is expected to come out later this year.

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Corvus Energy Secures $60 Million Investor Funding

Corvus Energy Secures $60 Million Investor Funding

The investment will help the firm expand the production capacity of its energy storage systems.

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    10Maersk Trials Ethanol-Methanol Blend on Dual-Fuel Boxship
    Maersk is testing an E10 ethanol-methanol blend over a month-long trial to assess fuel performance.
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