Category: ship&bunker

Trump-Obsessed Traders Continue Oil Losses, Staunovo “Surprised” By Behaviour Meanwhile, demand appears robust throughout Asia. Go to ship&bunker

TFG Marine Appoints Global Fleet Manager The new manager will have responsibility for delivery of the company’s MFM, HSE and fleet digitalisation strategy, a TFG representative tells Ship & Bunker. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Sinks Ship & Bunker’s G20-VLSFO Index was little changed at $605.50/mt on Wednesday, having reached its lowest level since January 10 the previous day. Go to ship&bunker

Singapore Launches Fully Electric Boat and Begins Construction of Electric Tug A fully electric supply boat has been launched at the port of Singapore by the Coastal Sustainability Alliance. Go to ship&bunker

Oil Down As China Strikes Back With Tariffs; Trade War Looms But Trump rattling Iran’s cage could cause an upswing in crude prices. Go to ship&bunker

BUNKER JOBS: Uni-Fuels Seeks Bunker Trader in Dubai The company is looking for candidates with experience as a bunker trader and a performance-driven track record. Go to ship&bunker

Rotterdam: Bunker Sampling Rules to be Strictly Enforced Note from International Bunker Industry Association expects Dutch Inspectorate for Environment and Transport to enforce rules to conform with ISO 13739 standard. Go to ship&bunker

Capital Ship Management Takes Delivery of Two-LNG Ready Tankers The two crude oil tankers have been built by China’s New Times Shipbuilding. Go to ship&bunker

IMO to Allow Bunker Tankers to Carry Biofuel Blends Up to B30 A source tells Ship & Bunker that this move will help a lot of bunker suppliers operating conventional bunker tankers. Go to ship&bunker

Trinidad’s Paria Fuel Strikes Bunker Supply Deal With Petrojam Competitive price reached on very low sulphur fuel oil. Go to ship&bunker

Econowind Hits 100 Wind-Assisted Rotor Sails Sold Milestone The Dutch wind propulsion firm has sold more than 100 rotor sail units worldwide since 2018. Go to ship&bunker

Cruise Ship Saves 3.4% in Bunker Fuel with SulNOx Additive SulNOx claims a cruise ship operated by Crystal Cruises was able to reduce bunker fuel consumption by 3.4% by using its fuel additive. Go to ship&bunker

BUNKER JOBS: Propeller Fuels Seeks Bunker Trader in Singapore The company is looking for candidates with strong negotiation, supply chain and contract management skills. Go to ship&bunker

Baker Hughes and Hanwha Plan Ammonia Turbines for Shipping The firms are developing a small-scale ammonia turbine for shipping applications. Go to ship&bunker

Canada, Mexico Tariffs Postponed, Oil Loses Potential Bullish Streak But Trump’s request to OPEC for cheaper oil falls on deaf ears. Go to ship&bunker

Shipergy Hires Michael Stig Nielsen as Chief Commercial Officer Nielsen is joining Shipergy as CCO in London as of this month. Go to ship&bunker

Singapore Man Jailed for Lying to Police Over Shell MGO Theft Wong Wai Seng, a former operations executive for Sentek Marine and Trading, pleaded guilty to one charge of perverting the course of justice. Go to ship&bunker

January EU ETS Compliance Costs Jump 89% Y-o-Y The average cost to offset one tonne of VLSFO in January 2025 under EU ETS emissions rules was $173.87, up from $91.96 in January 2024. Go to ship&bunker

Bureau Veritas Grants Approval to EODev’s Fuel Cell System The classification society has granted type approval to a PEM hydrogen fuel cell system developed by EODev. Go to ship&bunker

Svitzer Switches to Biofuel for Tug Operations in Esbjerg Tugboats operated by Svitzer have started using HVO instead of conventional marine fuels in Denmark’s Esbjerg. Go to ship&bunker

Oil Rises, Speculation Hits Overdrive As Trump Delays Canadian Tariff Meanwhile, Canada says it might do business with Venezuela instead of the U.S. Go to ship&bunker

Meyer Werft-led Consortium Seeks to Develop Fuel Cell Technology for Cruise Ships The consortium seeks to develop a hybrid energy system to power cruise ships by integrating PEM fuel cells with methanol-reformer and battery systems. Go to ship&bunker

Galveston LNG Bunker Port Clears Key Environmental Hurdle Galveston LNG Bunker Port project has received key environmental permits from US authorities. Go to ship&bunker

Strong December Takes Panama 2024 Bunker Sales Up 3.9% on Year Panama’s total bunker sales for 2024 were 5.1 million mt, up by 3.9% on the year and the most since 2022. Go to ship&bunker

Future Marine Partners with Zeabuz to Develop Autonomous Electric Ferry They aim to develop an autonomous electric ferry prototype in Canada by this year. Go to ship&bunker

Moeve to Develop 30 Biomethane Plants Across Spain The company has announced a €600 million investment plan to develop 30 biomethane plants across Spain. Go to ship&bunker

Viva Energy to Supply Bunkers via Barge in Brisbane from February A media representative tells Ship & Bunker the company will start bunker deliveries via barge in Brisbane next month. Go to ship&bunker

Bunker Prices Forecast to Peak in Q1 Before Declining Over Remainder of 2025 Ship & Bunker’s Bunker Price Forecast is a new addition to its Bunker Intelligence reports. Go to ship&bunker

INTERVIEW: Seaspan Energy Launches New West Coast LNG Bunker Supply Business The company this week started LNG bunker supply in Vancouver, Canada, adding to operations in Long Beach as it looks to add further supply ports. Go to ship&bunker

Oil Experts On Tenterhooks As Countdown To Tariffs Nears Zero Analysts insist the U.S. will be equally damaged by the levies. Go to ship&bunker

Norsepower Completes Installation of Rotor Sail on Bulk Carrier The rotor sail is expected to reduce bunker fuel consumption and CO2 emissions by 6-10%. Go to ship&bunker

UK Seeks to Link to EU-ETS: Report The UK has requested that ETS linkage be included on the agenda for a spring summit between it and the EU in March or April. Go to ship&bunker

BUNKER JOBS: CMA CGM Seeks Bunker Control Expert in France The company is looking for candidates with at least three years of experience in a similar role and an educational background in chemical engineering or QSSE. Go to ship&bunker

Algoa Bay Bunkering Set to Resume Following Shutdown in Sep 2023 Offshore bunkering is available again at the Algoa Bay anchorage, a local shipping agent tells Ship & Bunker. Go to ship&bunker

“Trump’s Tariff Orchestra” Causes More Losses For Oil Negative sentiment was compounded by another U.S. stockpile rise. Go to ship&bunker

Hercules Tanker Management Announces Arrival of Chemical Tanker The company has announced that the IMO Type 2 chemical tanker Hercules Galaxy has joined its fleet. Go to ship&bunker

Brazil’s Dual-Fuel Ethane Ship Sets Off on Maiden Voyage to US The 36,000 m3 capacity dual-fuel vessel can run on ethane and conventional marine fuels. Go to ship&bunker

Crew Flees Ship as Fire Breaks Out in Red Sea Initial indications suggest the fire was caused by onboard hazardous cargo rather than an external attack. Go to ship&bunker

Glander International Bunkering Launches FuelEU Compliance Calculator The calculator allows users to understand potential penalties and savings based on voyage type, fuel and quantity. Go to ship&bunker

Cruise Ship Ban Proposed by Nice French Mediterranean port city seeking to ban ship calls by large cruise liners from mid-2025. Go to ship&bunker

Chinese Shipyard Delivers Third LNG Bunkering Vessel to Seaspan Energy Canada-based Seaspan Energy has received its third 7,600 m3 capacity LNG bunkering vessel. Go to ship&bunker

Renewed Calls for Arctic Black Carbon Regulations Ahead of IMO PPR Meeting The IMO’s PPR sub-committee will discuss black carbon regulations at its meeting in London this week. Go to ship&bunker

AI Energy Demand Panic Extends Crude’s Losses, As China Continues To Disappoint Meanwhile, Trump shows the true intent behind his tariffs. Go to ship&bunker

Spanish Ferry Company Adds to Electric-Powered Fleet With two newbuilds to ply Spain/Morocco route. Go to ship&bunker

Singapore: Pirate Incident Recorded in Philip Strait Latest incident follows uptick in number of boardings in the area in recent months. Go to ship&bunker

BUNKER JOBS: Nolu Energy Seeks Experienced Bunker Trader in Denmark The company is looking for candidates with at least two years of bunker trading experience. Go to ship&bunker

China Overtakes Japan to Become World’s Largest Shipowner by Value in 2024: VesselsValue China’s fleet, both operational and on order, is valued at $255 billion, exceeding Japan’s $231 billion. Go to ship&bunker

DNV and Korean Shipbuilders to Develop Testing Standards for Electric Vessels They aim to address challenges related to integrating advanced systems for electric propulsion. Go to ship&bunker

Brittany Ferries Completes First LNG Bunkering in UK Port LNG bunker supplier Titan delivered the LNG at Portsmouth International Port in the UK. Go to ship&bunker

First 2025 Weekly Loss For Oil As Trump Pressures OPEC To Drop Prices The move is intended to force Russia to end its war in Ukraine. Go to ship&bunker

MPCC Receives Dual-Fuel Methanol Boxship Norwegian shipping firm MPC Container Ships (MPCC) has chartered the container vessel to North Sea Container Line for a period of 15-years. Go to ship&bunker

Maersk to Continue Diversions Away from Red Sea and Suez Canal Maersk will continue with diversions around Africa until ‘safe passage through the area is ensured for the longer term’, it tells customers. Go to ship&bunker

Danish Port to Enable Shore Power for Boxships in 2026 The Port of Aarhus will enable shore power connectivity for container vessels in 2026. Go to ship&bunker

UKMTO Warns of Radio Demands to Alter Course in Northern Mideast Gulf Several ships have received VHF radio challenges, some of which have included demands to alter course. Go to ship&bunker

BUNKER JOBS: Dan-Bunkering Seeks Team Leader in Houston The company is looking for candidates with a proficient business acumen and a focus on sales leadership. Go to ship&bunker

Dual-Fuel LNG Fleet Increased by 33% in 2024: SEA-LNG About 638 dual-fuel LNG vessels operate globally today, up by 33% on the year. Go to ship&bunker

TFG Marine Installs Mass Flow Meter on Mauritius Bunkering Vessel TFG Marine and Group Roland Maurel’s joint venture operates the bunkering vessel in Port Louis in Mauritius. Go to ship&bunker

More Than a Year On, Algoa Bay Bunkering Restart Remains in Limbo Several market sources remain uncertain about the resumption of offshore bunkering in South Africa’s Algoa Bay, which has been closed since September 2023. Go to ship&bunker

NYK Line Starts Capturing Exhaust Emissions in California New California Air Resources Board regulations mandate exhaust emission reductions for docked car carriers and tankers. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low Ship & Bunker’s G20-VLSFO Index lost $2.50/mt to its lowest level since January 15 on Wednesday. Go to ship&bunker

Trump Administration Designates Houthis as ‘Foreign Terrorist Organisation’ President Trump signed an executive order on Wednesday adding the Houthis, or Ansar Allah, to the foreign terrorist organisation list. Go to ship&bunker

Irish Passenger Ship Uses HVO for First Time Dublin Bay Cruises has used hydrogenated vegetable oil instead of conventional marine fuel to power its passenger vessel. Go to ship&bunker

Liquid Wind and Turun Seudun Partner for E-Methanol Plant in Finland The duo aims to develop a 100,000 mt/year e-methanol production facility in Naantali, Finland. Go to ship&bunker

BUNKER JOBS: Peninsula Seeks Senior Bunker Trader in Japan The company is looking for candidates with trading experience, business-level English and ideally experience in the bunker or maritime industries. Go to ship&bunker

Piracy and Armed Robbery Against Ships in Asia Rose by 6% in 2024: ReCAAP A total of 107 incidents of piracy and armed robbery incidents were reported in in Asia last year, up from 101 in 2023. Go to ship&bunker

BUNKER JOBS: Malik Supply Seeks Trader in Aalborg The company is looking for candidates with experience in sales, knowledge of logistics and shipping and fluent English and Danish. Go to ship&bunker

President Trump’s Tariff Plans Could Shake US Shipping Markets: Xeneta US shippers could face significant supply chain disruptions if President Trump follows through with his promised tariffs. Go to ship&bunker

Oil Falls as President Trump’s Bid To Fortify US Energy Continues To Spook Traders But Aramco chief suggests supply glut fears may be overdone. Go to ship&bunker

Baseblue Hires Trader in Cyprus Constantinos Troullias has joined the company as a trader in its Limassol office as of this month. Go to ship&bunker

BUNKER JOBS: The Hawks Seeks Bunker Trader in Malaysia The company is looking for candidates with a strong understanding of the bunker industry and excellent analytical and negotiation skills. Go to ship&bunker

Construction Begins for Danish Methanol-Fuelled Cable-Laying Vessel Danish power cable company NKT has announced that the construction of its dual-fuel methanol cable-laying vessel has commenced. Go to ship&bunker

Sentek Marine & Trading Pte Ltd to Lose Singapore Bunkering Licence Next Month The firm will lose its licence to operate as a bunker supplier or bunker craft operator within Singapore Port as of 4 PM local time on February 3. Go to ship&bunker

Fratelli Cosulich Orders Another Methanol and Biofuel Bunker Tanker The IMO Type 2 chemical tanker can carry conventional marine fuels, as well as methanol and biofuel bunker blends up to B100. Go to ship&bunker

Oil Dips And Canada Braces For Fight As Trump Returns To White House Meanwhile, EU sanction against Russia are again showing a desired effect. Go to ship&bunker

Zhoushan’s Bunker Sales Rose by 3% in 2024 About 252 foreign ships bunkered with a stem size of more than 3,000 mt, representing 13.5% of the total sales volume in 2024. Go to ship&bunker

BUNKER JOBS: Peninsula Seeks Bunker Trader in Singapore The company is looking for candidates with previous sales or trading experience, with either an energy or a maritime background. Go to ship&bunker

Viking Line Adds Biofuel to Three Vessels on Helsinki Route The Finnish shipping company has decided to expand its biofuel use to three more ships on its Helsinki route, starting in late spring 2025. Go to ship&bunker

CMA CGM Takes Delivery of Another LNG-Fuelled Boxship The new vessel will be deployed on the Asia-South America route. Go to ship&bunker

Oil Up For The Week As Russian Sanctions Cause Supply Concerns Meanwhile, analysts brace for the aftermath of Trump’s inauguration. Go to ship&bunker

FOBAS Bulletin: Off Specification Sediment Fuels From UK Ports Belfast and Fishguard In recent days, FOBAS has tested several samples from UK ports, Belfast and Fishguard with Total Sediment Potential (TSP) results exceeding the ISO8217 specification limit of 0.10% m/m. Go to ship&bunker

Norsepower to Equip Berge Rederi’s Cargo Vessels with Rotor Sails Norwegian shipowner Berge Rederi is set to install two fixed rotor sails on each of its two new cargo vessels, enhancing fuel efficiency and reducing emissions. Go to ship&bunker

Solvang to Trial World-First Carbon Capture Tech on Vessel The Clipper Eris will be the world’s first ship equipped with an onboard carbon capture and storage (OCCS) system. Go to ship&bunker

Dan-Bunkering Hires Dubai Fuel Supplier From KPI OceanConnect Aleyna Yeşim Dülger has joined the company as a fuel supplier in Dubai with a focus on Turkish markets as of this month. Go to ship&bunker

BUNKER JOBS: VPS Seeks Bunker Surveyor in Netherlands The company is looking for candidates with proven bunker surveying experience and recent experience within the maritime sector. Go to ship&bunker

UK Allocates More Funds to Shipping Decarbonisation Scheme The UK government has allocated £30 million ($37 million) to the Clean Maritime Demonstration Competition scheme. Go to ship&bunker

Cruise Firm NCLH Hires Energy Strategy and Decarbonisation VP The new hire previously worked for Royal Caribbean Group since February 2016. Go to ship&bunker

Allseas Explores Nuclear Propulsion for Offshore Vessels Swiss offshore marine contractor Allseas is exploring the use of nuclear propulsion solutions for offshore vessels. Go to ship&bunker

Trafigura and CF Industries Deliver First Ammonia-LPG Co-Load to Europe The project showcases efficient ammonia transport for partial-load ports and bunkering. Go to ship&bunker

Uni-Fuels Shares Rise After US IPO By the close on Wednesday Uni-Fuels was trading at $4.23 per share, up from a $4 per share offering in the IPO. Go to ship&bunker

Lindsay Blee Hires Tammi Ingannamorte as Strategic Development VP Ingannamorte was previously vice president for global bunker and America sales at ZeroNorth. Go to ship&bunker

OPEC Maintains 2025 Oil Demand Growth Forecast, Projects Robust Growth for 2026 The Organization of the Petroleum Exporting Countries (OPEC) projects global oil demand to grow by 1.4 million b/d in 2025 and 2026, led by strong demand for transport fuels. Go to ship&bunker

Port of Oakland Sees Surge in Shore Power Usage in H1 2024 Shore power usage at the Port of Oakland averaged 94% in the first half of 2024, a rise from 85% for all of 2023. Go to ship&bunker

Oil Continues To Soar On Supply Concerns, While Gaza Ceasefire Fails To Sway Traders Meanwhile, India scrambles to settle its oil debts with Russia. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Advances to Three-Month High Ship & Bunker’s G20-VLSFO Index gained $2/mt to its highest level since October 14 on Tuesday. Go to ship&bunker

World Fuel Services Hires Marine Business Development and Energy Transition Director Kimberly Westmoreland has taken on the role of marine business development and energy transition director at World Fuel Services as of this month. Go to ship&bunker

James Fisher and Sons Orders Four LNG-Fuelled Tankers The four tankers are being constructed by China Merchants Jinling Shipyard (Yangzhou) Dingheng, with the first vessel expected to be delivered this year. Go to ship&bunker

Spanish Shipyard Secures Order for Methanol-Electric Vessel UK-based maritime firm Bibby Marine has placed an order for one commissioning service operation vessel (CSOV) with Armon Shipyards. Go to ship&bunker

Viroque Energy Launches New Bunkering Service in Colombia The company will supply VLSFO and MGO in Cartagena de Indias, a Viroque representative tells Ship & Bunker. Go to ship&bunker

BUNKER JOBS: Sumitomo Corp Seeks Ammonia Business Development Manager in US The company is looking for candidates with experience in a US domestic management role or supply-chain or production-project management. Go to ship&bunker

MOL Joins Consortium to Develop Green Shipping Corridor in Europe MOL has joined a consortium led by energy firm Madoqua aiming to develop a green shipping corridor linking Portugal with northern Europe. Go to ship&bunker