Category: ship&bunker

BUNKER PRICES: G20-VLSFO Index Holds Steady Despite Rise in Crude Global VLSFO prices have declined over the past week. Go to ship&bunker

K Line Completes First Bio-LNG Bunkering with Shell Shell supplied 500 mt of bio-LNG to a K Line car carrier at Zeebrugge. Go to ship&bunker

Oil Ekes Out Minuscule Gains As Traders Assess Strong Demand Signs However, OPEC’s weekend meeting could make the gains short-lived. Go to ship&bunker

Hong Kong Launches Incentive Scheme to Boost LNG and Methanol Bunkering Hong Kong is offering incentives of up to $64,000 per LNG or green methanol operation to boost early adoption at its port. Go to ship&bunker

INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker. Go to ship&bunker

Uni-Fuels Expands to Shanghai The company’s new office in Shanghai will cover fuel procurement services across Asia-Pacific. Go to ship&bunker

Chimbusco Pan Nation Backs Hong Kong Alternative Fuel Bunkering Drive The firm already supplies biofuels in the port and is working to establish a methanol bunker supply as well. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Slips for Sixth Day Global VLSFO prices are on an extended losing streak. Go to ship&bunker

BUNKER JOBS: Liberty Marine Fuels Seeks Bunker Broker in Denmark The company is looking for candidates with prior experience from the shipping, maritime or oil industries and fluent English. Go to ship&bunker

LR Joins Egyptian Green Ammonia Bunkering Project Production at the facility is set to begin in 2029 and could play a key role in supplying green ammonia to ships transiting the Suez Canal and ports in Europe. Go to ship&bunker

GCMD Pilots World’s First End-to-End Onboard Carbon Capture Value Chain GCMD has shown how captured CO2 from ships can be transferred, transported and reused in producing sustainable construction materials. Go to ship&bunker

Finnish Synthetic LNG Plant Targets Shipping Demand The plant aims to produce more than 125,000 tonnes of synthetic LNG to cater to demand from sectors such as shipping. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Slips for Fifth Day Global VLSFO prices have been declining for the past week. Go to ship&bunker

BUNKER JOBS: Uni-Fuels Seeks Senior Trader in Cyprus The company is looking for experienced candidates with a performance-driven track record. Go to ship&bunker

IMO to Revise Regulations for Nuclear-Powered Ships The UN body’s Maritime Safety Committee has tasked the Sub-Committee on Ship Design and Construction to start work from next year on revising the rules. Go to ship&bunker

AuctionConnect Hires ZeroNorth’s Kenneth Juhls as CEO Kenneth Juhls is set to take on the role of AuctionConnect CEO as of July 1, taking over from Per Funch-Nielsen. Go to ship&bunker

Peninsula Expands Physical Supply Operation in US Gulf The firm has expanded its physical supply operations to include the US Gulf offshore market, focusing on the Galveston Offshore Lightering Area. Go to ship&bunker

CPC Announces Resumption of Kaohsiung VLSFO Supply CPC had initially suspended 180 CST VLSFO deliveries at Kaohsiung S01-S19 from February 28 for barge maintenance. Go to ship&bunker

BUNKER JOBS: Monjasa Seeks Trader in Athens The company is looking for candidates with experience in shipping or sales, as well as fluent English and Greek. Go to ship&bunker

Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic The decision to ban scrubber discharge by July 2027 was made at a ministerial meeting of the OSPAR commission in Vigo this week. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day Global VLSFO prices have been dropping all week following the ceasefire in the Middle East. Go to ship&bunker

Weekly Vessel Scrapping Report 2025: Week 25 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue’s demolition sales from June 19 – June 25, 2025. Go to ship&bunker

Bunker Holding Hires Head of Global Supply Organisation Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month. Go to ship&bunker

BUNKER JOBS: ONE Seeks Global Bunker Management Executive in Singapore The company is looking for candidates with at least three years of relevant experience, including onboard experience as an assistant engineer. Go to ship&bunker

FLEX Commodities Hires Senior Trader in Brazil The new hire previously worked for local supplier Raizen from January 2020 to January of this year. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to Two-Week Low Ship & Bunker’s G20-VLSFO Index fell by $5/mt to its lowest level since June 12 on Wednesday. Go to ship&bunker

Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny Meanwhile, major U.S. stock draws again suggest demand is healthier than thought. Go to ship&bunker

BUNKER JOBS: Danish Firm Seeks Trader in Vietnam The employer is looking for candidates with fluent Vietnamese and English and an existing network in the shipping or maritime community. Go to ship&bunker

Maritime Threat Level in Strait of Hormuz Remains ‘Elevated’: UKMTO UKMTO implies sharp drops in crude this week may be premature as the sustainability of the Iran/Israel ceasefire remains uncertain. Go to ship&bunker

Parkland Corporation Shareholders Approve $9.1 Billion Acquisition by Sunoco 93.46% of P.arkland’s shareholders voted to approve the Sunoco acquisition Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low Global VLSFO prices have dropped precipitously following a ceasefire between Israel and Iran. Go to ship&bunker

Another Massive Oil Selloff As Traders Put Faith In Shaky Iran/Israel Ceasefire Prices are now below where they were prior to the hostilities. Go to ship&bunker

Seaspan Energy Carries Out First Car Carrier Ship-to-Ship LNG Bunkering at Long Beach The firm bunkered NYK Line’s PCTC the Plumeria Leader with LNG at Long Beach earlier this month. Go to ship&bunker

Osprey Energy Hires Commercial Business Developer in Netherlands Roger Rademaker has joined the company as commercial business developer in the Netherlands. Go to ship&bunker

BUNKER JOBS: Supreme Maritime Services Seeks Bunker Procurement Manager in Singapore The company is looking for candidates with procurement and contract management experience and working Mandarin. Go to ship&bunker

Global Centre for Green Fuels Hires Ethanol Bunker Advisor Former Methanol Institute COO Chris Chatterton has joined the organisation as maritime advisor on the development and adoption of ethanol as a sustainable marine fuel as of this month. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops for First Day in Two Weeks Ship & Bunker’s G20-VLSFO Index fell by $1/mt to $588/mt on Monday, in its first daily decline since June 6. Go to ship&bunker

BUNKER JOBS: BitOil Group Seeks Bunker Trader in Dubai The company is looking for candidates with at least three years of bunker sales experience and fluent English. Go to ship&bunker

River Marine Fuels Hires Senior Bunker Trader in Madrid The new hire was previously a physical marine fuel trader and price risk manager for Vilma Oil in Madrid. Go to ship&bunker

Japanese Shipping Firms ‘Minimising Time in Gulf’ Amid Iran Threats: Report Shipping companies Nippon Yusen and MOL have instructed their vessels to minimise time spent in the Gulf where possible after US strikes on Iranian nuclear facilities over the weekend Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Jumps to Four-Month High Global VLSFO prices are at their highest level since the end of February. Go to ship&bunker

Singapore Bunker Supplier Count Drops to Just 39 Firms The count has been steadily dropping over the past decade as the Maritime and Port Authority of Singapore tightened requirements for its bunker suppliers. Go to ship&bunker

Saudi Prince Launches New Global Bunkering Firm Eleven Energy HRH Prince Abdulaziz Al Saud bin Turki has launched a new marine fuel trading firm, Eleven Energy, with offices in Saudi Arabia and Rotterdam, a company representative tells Ship & Bunker Go to ship&bunker

GAC Bunker Fuels Wins ISCC Certification The certification demonstrates the firm’s credentials as a trusted supplier of sustainable marine fuels. Go to ship&bunker

Höegh Autoliners Adds LNG-Fuelled Ship to Fleet, Ammonia to Follow in 2027 The vessel took on LNG bunkers at Shanghai before heading to Japan. Go to ship&bunker

Maersk Temporarily Halts Haifa Port Calls Amid Regional Instability Maersk has paused port calls at Israel’s Haifa port, citing safety concerns amid rising Israel-Iran tensions. Go to ship&bunker

Northern China Marks First Biofuel Bunkering Operation A container vessel was bunkered with 1,300 mt of B24 blend at Qingdao. Go to ship&bunker

Australia Sanctions 60 Vessels in First Action Against Russian Shadow Fleet This is the first time the country has imposed sanctions targeting the shadow fleet. Go to ship&bunker

ZeroNorth Appoints Kåre Kjelstrøm as CPTO to Drive AI in Shipping He will oversee ZeroNorth’s tech and product strategy, focusing on generative AI and maritime autonomy. Go to ship&bunker

Gibraltar Sees 7% YoY Growth in May Bunker Calls Bunker calls at Gibraltar rose sharply in May to 573, up from 535 a year ago. Go to ship&bunker

Korean Consortium to Develop Global Standards for Ammonia Effluent Discharge The group aims to submit a draft set of guidelines on ammonia effluent discharge to the IMO in 2026. Go to ship&bunker

Shore Power Now Live at Scotland’s Port of Aberdeen The port now plans to expand shore power connectivity at more berths. Go to ship&bunker

New York’s Staten Island Ferry Begins Transition to Renewable Diesel Staten Island Ferry has begun its transition to renewable diesel, with all city vessels set to follow by 2026. Go to ship&bunker

Seaspan Energy Completes First LNG Bunkering at Port of Nanaimo The firm delivered LNG to a car carrier managed by EPS at the Port of Nanaimo Go to ship&bunker

Fujairah May Bunker Volumes Fall to Three-Month Low Bunker volumes at Fujairah declined by 8.2% in May, marking the lowest level since February 2025. Go to ship&bunker

Charterparty War Risk Clauses Face Real-World Test as Iran-Israel Tensions Escalate: Gard Gard says charterparty signed before the June 13 Iran-Israel escalation may offer shipowners a firmer legal footing to reject transits through Hormuz, especially if threats intensify. Go to ship&bunker

Uncertainty Dominates Oil Trading As Trump Considers Military Action Against Iran Implied volatility continues to climb, says Babin. Go to ship&bunker

NYK Trading-Chartered Bunker Barge Running on Biofuel Since March FAME-based biofuel is being used to power the bunker barge’s operations in Tokyo Bay, Japan. Go to ship&bunker

Subdued Trade and IMO Rules to Stall Bunker Demand Growth Through 2030: IEA IEA says bunker fuel demand is set to remain flat through 2030 as weak trade and tightening IMO rules offset shipping growth. Go to ship&bunker

Alexander Döll Appointed CEO of the Methanol Institute Alexander Döll takes over as CEO of the Methanol Institute, succeeding long-time leader Gregory Dolan. Go to ship&bunker

Florida Fuel Supplier Indicted in Alleged $5 Million US Navy Fuel Fraud Jasen Butler, owner of Independent Marine Oil Services, is accused of defrauding the US military of over $5 million through fake documents. Go to ship&bunker

ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand – 2025 Update If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future. Go to ship&bunker

Shanghai Electric to Deliver First-Batch of Green Methanol in July The green methanol will be delivered to Shanghai Port next month for bunkering. Go to ship&bunker

Zhoushan Speeds Up Clearance for International Ships After Bunkering Zhoushan has supplied about 2.74 million mt of bonded bunker fuel between January and May this year. Go to ship&bunker

Carbon Scores Are the New Fuel Specs in the Biofuel Market: PRIO PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon. Go to ship&bunker

Oil Dips On Ceasefire Hopes Despite Trump Urging Tehran To Evacuate Analysts respond to Iran wanting a ceasefire and write off Friday’s price spike as “knee jerk” trading. Go to ship&bunker

Leclanché’s Marine Battery System Secures Key Class Approvals The approvals were granted by Lloyd’s Register and Bureau Veritas. Go to ship&bunker

DBS Bank Seeks Court-Ordered Winding Up of AMS Marine AMS Marine Pte provides marine engineering services, including ship repairs. Go to ship&bunker

Vane Brothers and Shell Deliver First Biofuel to Cruise Ship in New York The duo conducted their first marine biofuel delivery in New York. Go to ship&bunker

Colombia’s Ecopetrol Makes First Marine Fuel Export to the US The firm aims to scale up marine fuel production by the end of the year to strengthen domestic supply and expand export opportunities. Go to ship&bunker

Norway’s Møre Sjø Orders Two Hydrogen-Powered Bulk Carriers The two vessels are expected to be delivered in early 2027. Go to ship&bunker

ANALYSIS: Singapore May Bunker Sales Rose to 16-Month High Singapore recorded its highest monthly bunker sales since January 2024 in May, with about 4.83 million mt of bunker fuels sold during the month. Go to ship&bunker

Oil Hits Multi-Year High As Israel Strikes Iran, Weathers Counterattack Meanwhile, analysts scramble to determine how badly global oil supply will be affected. Go to ship&bunker

GC Rieber Shipping Secures Grant for Battery-Powered Ship The vessel will operate on short-sea operations along the Norwegian coastline. Go to ship&bunker

Methanex Secures US Approval for OCI Methanol Deal Methanex unveiled the $2.05 billion acquisition plan last year. Go to ship&bunker

BUNKER JOBS: WFS Seeks Bunker Sales Executive in Denmark The company is looking for candidates with fluent English and preferably experience in shipping, operations, chartering or agency. Go to ship&bunker

Yokohama Hosts First LNG Bunkering for Japanese Cruise Ship The vessel took LNG bunkers for the first time ahead of its debut on July 20. Go to ship&bunker

Crude Futures Surge After Israeli Strike on Iran Israel launched wide-ranging strikes on Iran overnight, killing the chief of Iran’s Islamic Revolutionary Guards as well as targeting nuclear facilities. Go to ship&bunker

Most Major Hubs Saw Bunker Volumes Decline in Q1 Q1’s bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs. Go to ship&bunker

GCMD Shares Safety Lessons from Pioneering Ammonia Transfer Trial The ammonia transfer trial was carried out last year at an anchorage near Port Dampier, Western Australia. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Rises to Two-Month High Ship & Bunker’s G20-VLSFO Index rose by $4/mt to $541.50/mt on Thursday, reaching its highest level since April 6. Go to ship&bunker

MMMCZCS Unveils 3,500 TEU Ammonia Vessel Blueprint Concept aims to enable safe early use of ammonia as a marine fuel, with class approvals already secured. Go to ship&bunker

UK Raises Maritime Threat Level in Hormuz as Israel-Iran Conflict Looms Vessels are advised to transit the Strait of Hormuz, Arabian Gulf and Gulf of Oman with caution. Go to ship&bunker

Shipergy Hires Marine Energy Trader in Dubai The new hire previously worked as a bunker trader for Hawks Energy in the UAE. Go to ship&bunker

BUNKER JOBS: Trafigura Seeks Senior Fuel Oil Operator in Singapore The company is looking for candidates with at least five years of experience in fuel oil blending and other relevant areas. Go to ship&bunker

Wärtsilä to Supply Hybrid Propulsion Systems for Vertom’s Four Newbuilds The ships are expected to be delivered between 2027 and 2028. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Rises to Three-Week High Global VLSFO prices have risen to their highest level since mid-May. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High Global VLSFO prices are on the rise again. Go to ship&bunker

Four Crew Members Still Missing After Boxship Fire Off Southern India 18 crew members have been rescued, while search and rescue operations are underway to find the four missing crew members. Go to ship&bunker

Brazilian Ports Tipped as Future Bunkering Hubs for Renewable Marine Fuels A study by ICCT shows six Brazilian ports are key candidates to become alternative fuel bunkering hubs. Go to ship&bunker

Decarbonisation a Growing Priority for Shipowners: GCMD-BCG Survey Shipowners are stepping up net-zero commitments and biofuel adoption, but a new survey highlights the need for stronger policy support. Go to ship&bunker

Oil Maintains Multi-Week High As Prospect Of China/U.S. Deal Looms Meanwhile, conflicting views of the state of the oil market abound. Go to ship&bunker

New Ship Orders Slump Amid US-China Tensions and IMO Vote: Drewry Shipowners delay newbuilding plans as trade and climate policy uncertainties weigh on investment decisions. Go to ship&bunker

Royal Caribbean Appoints Global Fuel Procurement and Sustainability Director The new director has worked for the company since December 2019. Go to ship&bunker

USTR Seeks Public Input on China Maritime Trade Measures USTR is seeking public input on potential changes to trade actions against China’s maritime, shipbuilding and logistics sectors. Go to ship&bunker

House Approves Bill Mandating US-Flagged Vessels for Government-Funded Shipments The House has passed two key maritime bills, one boosting US-flag shipping for federal cargo and another restricting foreign control of American port facilities. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Advances With Crude Global VLSFO prices rose at the start of the week. Go to ship&bunker

Viking Line Unveils Concept for World’s Largest Electric Ferry If the concept moves forward, the vessel could begin operating in the Gulf of Finland as early as the 2030s. Go to ship&bunker

Singapore’s PIL Expands LNG-Fuelled Boxship Fleet to Six Pacific International Lines (PIL) was among the first Asian container lines to invest in dual-fuel ships in 2022. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Declines for First in Three Days Ship & Bunker’s G20-VLSFO Index fell by $2/mt to $532/mt on Friday, having reached its highest level since May 22 the previous day. Go to ship&bunker