Category: ship&bunker

Viva Energy Refinery Hit by Power Outage After Lightning Strike So far, no impact has been seen on bunker supply in Australian ports because of this incident, a source tells Ship & Bunker. Go to ship&bunker

Oil Reaches Four-Month High On Russian Sanctions As Trump Effect Looms Analysts are now focused on how the next U.S. president will handle foreign affairs. Go to ship&bunker

Carnival to Add Bunker-Saving Air Lubrication Systems to Two More Cruise Ships Silverstream will install the systems on two LNG-fuelled 180,000 GT cruise ships due for delivery in 2027 and 2028. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Jumps to Two-Month High Ship & Bunker’s G20-VLSFO Index gained $5/mt to its highest level since November 8 on Friday. Go to ship&bunker

MOL to Charter LNG Carrier to TotalEnergies Japanese shipping firm Mitsui OSK Lines (MOL) will charter the newly build LNG carrier to TotalEnergies for a multi-year period. Go to ship&bunker

BUNKER JOBS: Maersk Seeks Senior Fuel Trader in New York The company is looking for candidates with at least five years of physical oil trading experience, and preferably familiarity with biofuels, methanol or LNG. Go to ship&bunker

Crew Members Rescued from Tanker Sunk in Singapore Waters All eight crew members of the Malaysian registered tanker Silver Sincere were rescued by the Maritime of Port Authority of Singapore. Go to ship&bunker

Brent Crude Futures Jump Above $80/Bl for First Time in Six Months Prices have risen in reaction to the US imposing fresh sanctions against Russia for its ongoing hostilities against Ukraine. Go to ship&bunker

New Sanction On Russia Cause Crude Prices To Surge By Over 3% Freezing weather also caused traders to rethink demand. Go to ship&bunker

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

BYD Takes Delivery of LNG-Fuelled Vehicle Carrier Chinese electric car manufacture BYD has taken delivery of a dual-fuel LNG vehicle carrier. Go to ship&bunker

IMI to Supply Electrolyser for Baltic’s First Hydrogen Bunkering Station The station is expected to be commissioned by 2026, and will be able to produce 500 kg/day of green hydrogen. Go to ship&bunker

Samskip to Install Carbon Capture System on LNG Vessel The onboard carbon capture system (CCS) will be installed on the Samskip Kvitbjorn, which operates on a fixed route from Rotterdam. Go to ship&bunker

Van Oord Receives Methanol-Ready Offshore Installation Vessel Dutch marine contractor Van Oord has taken delivery of a methanol-ready offshore installation vessel from China. Go to ship&bunker

Indian Fuel Oil Exports to Sri Lanka Leave Avails Tight in Mumbai Fuel oil availability across the west coast of India is now running dry because of less supply from refineries, local sources tell Ship & Bunker. Go to ship&bunker

Container Freight Rates Poised to Drop as US Strike Averted: Report With strikes at ports along the US East and Gulf Coasts currently called off, ocean container freight rates are anticipated to fall. Go to ship&bunker

“Algorithmic” Traders Cause Gains For Oil As Sentiment Remains Bullish One expert expects a return to traditional supply/demand trading soon. Go to ship&bunker

Weekly Vessel Scrapping Report 2025: Week 1 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue’s demolition sales from January 2 2025 – January 8, 2025. Go to ship&bunker

GAC Bunker Fuels Appoints Alternative Fuels Development Manager The new manager has worked for the firm since January 2020. Go to ship&bunker

Vard Leads Initiative to Explore Nuclear Propulsion for Shipping Vard along with several partners is exploring the use of nuclear energy in shipping. Go to ship&bunker

Bunker Partner, FLEX Commodities, StormGeo Among Candidates for IBIA Board Seats Nine candidates are standing for election, with two vacancies to fill. Go to ship&bunker

BUNKER JOBS: Seahawk Services Seeks Bunker Surveyor in Singapore The company is looking for candidates with an MPA bunker surveyor licence and at least three years of relevant experience. Go to ship&bunker

US Port Strike Averted as ILA and USMX Reach Tentative Agreement US port worker unions and employers have agreed to a tentative agreement to prevent a strike action at ports. Go to ship&bunker

US Labels COSCO and Other Prominent Chinese Firms as ‘Military in Nature’ Several major Chinese maritime firms including container line COSCO have been added to the Pentagon’s blacklist list for alleged ties to the People’s Liberation Army. Go to ship&bunker

Oil Swings Back To Gains As Investors Suddenly Hopeful (Again) For China Meanwhile, Hess is bullish about 2025 – but warns of volatility. Go to ship&bunker

Exmar Unveils First Two LPG-Powered Gas Carriers The two vessels have been build by South Korean shipbuilder HD Hyundai Mipo. Go to ship&bunker

BUNKER JOBS: Maersk Seeks Sustainability Specialist in Copenhagen The company is looking for candidates with three years of experience within the oil and gas industry, with expertise in bunker barge operations, shipping and servicing customers. Go to ship&bunker

Construction Begins on Green Methanol Facility in Shanghai The facility could uplift Shanghai as an international hub for green methanol bunkering. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Advances for Third Day Ship & Bunker’s G20-VLSFO Index gained $0.50/mt to its highest level since November 26 on Monday. Go to ship&bunker

FLEX Commodities Hires Junior Trader in Dubai Matthew Warner has joined FLEX as a junior marine fuels trader in Dubai as of this month. Go to ship&bunker

BUNKER JOBS: Dynamic Energy Supply Seeks Trader The company is looking for candidates with one to two years of bunker trading experience and fluent English. Go to ship&bunker

Back To Bear Territory For Oil As Analysts Disagree On 2025 Market Trajectory Trump still viewed as a catalyst for a bullish market moving forward. Go to ship&bunker

Berge Bulk and BHP Use 100% Biofuel in Trial Iron Ore Voyage The firms used a B100 biodiesel product on boards the 206,300 DWT bulker’s voyage moving iron ore from Australia to China last month. Go to ship&bunker

BUNKER JOBS: Integr8 Fuels Seeks Bunker Trader in Singapore The company is looking for candidates with one to five years of experience as a bunker trader and a strong track record in sales. Go to ship&bunker

Oil Extends Gains As Parts of Europe, U.S. Enter Deep Freeze Meanwhile, the Trump presidency bodes well for oil investment. Go to ship&bunker

Royal Caribbean Cruise Ship Takes on Biofuel Blend in Hong Kong Chimbusco Pan Nation Petro-Chemical Co supplied a B24 blend to the cruise ship Celebrity Solstice in Hong Kong on January 2. Go to ship&bunker

Singapore to Waive Port Dues for Zero-Emission Vessels From January 1, port dues will be reduced by 100% for stays of four days or fewer for vessels running fully on battery power, hydrogen, fuel cells, ammonia, B100 and green methanol. Go to ship&bunker

JuWonOil Hires Marine Sales Manager in Houston Hugo Mora has joined the company as marine sales manager in Houston as of this month. Go to ship&bunker

BUNKER JOBS: ElbOil Seeks Bunker Trader in London The company is looking for candidates with prior experience in the shipping or bunker industries and fluent English. Go to ship&bunker

Socar Trading Hires Head of Fuel Oil in Dubai The new hire previously served as head of Middle East trading at Mercuria Energy Trading in Dubai. Go to ship&bunker

BUNKER JOBS: Maersk Seeks Fuel Trader in Singapore The company is looking for candidates with two to five years of commodity trading experience, preferably working with fuel oil or gasoil. Go to ship&bunker

Cautious Optimism Informs Oil Trading In First Session of 2025, Prices Up Meanwhile, a swelling of U.S. stocks will likely soon be corrected, says Flynn. Go to ship&bunker

Bunker Spill in China After Two Bulkers Collide The Singapore-flagged bulker Yangze 22 and the Japan-flagged Vega Dream collided in the Changjiang River on December 30. Go to ship&bunker

Singfar Group Orders Up to Four LNG Bunker Vessels: Report The company has ordered two 20,000 m3 LNG bunker vessels from CSSC Guangzhou Wenchong Shipbuilding, with the option for two more. Go to ship&bunker

Sonnich Thomsen Appointed General Manager of BP Sinopec Marine Fuels Thomsen has been appointed to the role of general manager of BP Sinopec in Singapore as of this month. Go to ship&bunker

BUNKER JOBS: Pan Nation Petro-Chemical Seeks Bunker Trader in Singapore The company is looking for candidates with at least one year of experience and a keen interest in the oil and commodities markets. Go to ship&bunker

Philippines: 0.50% Sulfur Cap For Domestic Ships Comes Into Force from Jan 1, 2025 Exceptions have been granted to those who previous applied with a Ship-specific Implementation Plan (SIP). Go to ship&bunker

FuelEU Maritime: Crucial that EU Countries Push for International Rules, says Danish Shipping But EU’s regulation of shipping emissions is undoubtedly a step in the right direction, says Nina Porst, Executive Director at Danish Shipping. Go to ship&bunker

LNG Bunkers Dominate as Over 7% of Global Tonnage Now Dual-Fuel Capable 84% of today’s alternatively fuelled tonnage is LNG dual-fuel, comprising 1,248 ships with a total capacity of 102.93 million GT. Go to ship&bunker

Oil Ends 2024 On Second Consecutive Annual Loss As Uncertainly Greets The New Year Still, some experts believe chronic bearishness has been oversold. Go to ship&bunker

Evergreen Takes Delivery of Latest Scrubber-Fitted 15,000 TEU Boxship Samsung Heavy Industries delivered the 15,372 TEU Ever Most last week. Go to ship&bunker

BUNKER JOBS: Oilmar Seeks Trading Manager in England The company is looking for candidates with eight to ten years of marine fuel trading experience. Go to ship&bunker

Chimbusco Pan Nation 2024 Hong Kong Biofuel Supply Reaches 46,000 MT The firm delivered a total of 46,450 mt of biofuel blends in Hong Kong this year, compared with a total of just 1,650 mt supplied there by other companies. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Jumps to Four-Week High Ship & Bunker’s G20-VLSFO Index gained $1.50/mt to $578.50/mt on Monday, reaching its highest level since December 5. Go to ship&bunker

BUNKER JOBS: FLEX Commodities Seeks Junior Trader in Dubai The company is looking for candidates with one to two years of bunker trading experience and preferably fluent Arabic or Mandarin. Go to ship&bunker

Traders Bet On Winter Freeze To Boost Demand, But Oil Prices Remain Flat Meanwhile, analysts continue to discuss the Trump effect. Go to ship&bunker

BUNKER JOBS: Sea Oil Petroleum Seeks Marine Fuels Sales Trader in Singapore The company is looking for candidates with two to three years of bunker trading experience. Go to ship&bunker

KPI OceanConnect Appoints Head of Taiwan The new head of Taiwan has worked for the company since February 2023. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Slips for First in Five Sessions Ship & Bunker’s G20-VLSFO Index lost $0.50/mt to $577/mt on Friday, having reached its highest level since December 16 the previous session. Go to ship&bunker

BUNKER JOBS: Uni-Fuels Seeks Bunker Trader in Singapore The company is looking for candidates with bunker trading experience, a performance-driven track record and a strong commercial mindset. Go to ship&bunker

China Completes First Domestic Ammonia Bunkering Operation The stem took place on December 24 at the COSCO Shipping Heavy Industry (Dalian) dockyard. Go to ship&bunker

Introduction of FuelEU Maritime Regulation Delayed for EEA Countries Norway and Iceland will will be considered as third countries for the purposes of FuelEU Maritime. Go to ship&bunker

OPINION: It’s Time to Solve Port Pollution The marine industry’s energy transition is not all about greenhouse gas emissions like carbon dioxide, says Dr. Andreas Bodén, CTO, PowerCell Group. Go to ship&bunker

Singapore: Oil Leak at Shell’s Pulau Bokon Plant Stopped However, Shell is still trying to locate the source of the leak. Go to ship&bunker

Oil Set For Yearly Loss Despite Late Resurgence Of Geopolitical Concerns Israel and Russia are back on the radar of jittery oil traders. Go to ship&bunker

Oily Discharge Sees Shipping Firms Fined $4.5m by US Court Guilty plea included falsifying oil records as well as pollution. Go to ship&bunker

Singapore: Suspected Leak Shuts Down Shell Facility Processing Unit Estimate of oil spilled to be in region of a few tonnes, further updates if warranted. Go to ship&bunker

LNG Bunker Tanker on Order by Singapore Firm: Report Equatorial Marine Fuel Services has ordered vessel from Chinese shipyard, according to media reports. Go to ship&bunker

China’s Multi Billion Dollar Stimulus Fails To Impress, Oil Prices Rudderless Meanwhile, India’s oil demand growth exceeds China’s for the first time. Go to ship&bunker

New LNG-Fuelled CMA CGM Boxship Makes Maiden Call The 8,000 TEU CMA CGM Petra has made its maiden call and entered service. Go to ship&bunker

Bunker Supplier Axiom Global Hires Head of Operations and Shipping The new hire was previously head of operations and shipping at Oleo Energy from January 2021 to this month. Go to ship&bunker

Yang Ming Takes Second Biofuel Stem From Arkas Bunker in Turkey Arkas Bunker supplied one of Yang Ming’s vessels with a B24 blend earlier this month, having made its first delivery to the firm in November. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Advances for First in Five Days Ship & Bunker’s G20-VLSFO Index gained $1.50/mt to $573.50/mt on Monday, having reached its lowest level since December 11 the previous session. Go to ship&bunker

Russian Cargo Ship Sinks Off Spain: Report The 9,500 DWT heavy lift vessel Ursa Major sustained an engine room explosion in the Strait of Gibraltar at about 12:30 PM local time on Monday. Go to ship&bunker

BUNKER JOBS: X-Press Feeders Seeks Line Operations Executive in Barcelona The company is looking for candidates with good English and at least one year of experience in shipping operations. Go to ship&bunker

More Forecasts For 2025 Surplus Cause More Declines In Crude Prices But troubled Syria is in the midst of a supply squeeze. Go to ship&bunker

INTERVIEW: Ankora Fuels Completes 100th Bunker Supply Operation Since its launch in late June, the company’s first 100 deliveries have primarily focused on LSMGO supply by barge to container ships and tankers in New York Harbor, CEO John Barbarise tells Ship & Bunker. Go to ship&bunker

Bunker Holding Notes Increased Sales Volumes in ‘Difficult But Interesting’ 2024 The firm has increased its bunker volumes in 2024, according to CEO Keld Demant. Go to ship&bunker

UET Marine Senior Managing Partner Steps Down Houston-based Robert Love has stepped down as senior managing partner of UET Marine as of this month. Go to ship&bunker

Chinese Bulker Linked to Severing of Baltic Cables Heads for Egypt The Yi Peng 3 has resumed its voyage after a month and claims to be heading for Port Said. Go to ship&bunker

President Trump Threatens Panama Canal Over Tolls “We’re being ripped off at the Panama Canal like we’re being ripped off everywhere else,” President Trump was cited as saying at an event in Arizona on Sunday. Go to ship&bunker

BUNKER JOBS: Marine Fuels Firm Seeks Bunker Trader in Athens The company is looking for candidates with at least three years of sales or trading experience in the bunker industry. Go to ship&bunker

MARKET SURVEY: Q3 Bunker Hub Demand Jumps by 4.7% on Year With Red Sea Diversions 2024’s total is heading for a 3.4% gain from 2023 and the highest level since 2019, according to the latest market survey from Ship & Bunker and 2050 Marine Energy. Go to ship&bunker

Oil Drop 2.5% For The Week As Fed, China Worries Grow But analysts differ on China’s true demand outlook. Go to ship&bunker

MSC’s Soren Toft Appointed New Chair of World Shipping Council MSC CEO Soren Toft has been appointed as the new chair, starting a two-year term immediately. Go to ship&bunker

ExxonMobil Completes 100 E-BDN Bunker Deliveries in Singapore The firm has carried out more than 100 deliveries in conjunction with its first approved e-BDN vendor, Bunkerchain. Go to ship&bunker

Port of Amsterdam to Ban Open-Loop Scrubber Discharge The ban will take effect for vessels at berth from January 1. Go to ship&bunker

Singapore to Require Advance Notice of Ship-to-Ship Transfers by Tankers The Maritime and Port Authority published a circular on Friday setting out its requirements for ship-to-ship transfers. Go to ship&bunker

BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low Ship & Bunker’s G20-VLSFO Index lost $1/mt to $574.50/mt on Thursday, reaching its lowest level since December 12. Go to ship&bunker

New Bill Seeks to Shift Chinese Cargo Onto US-Flagged Ships Senators Mark Kelly and Todd Young introduced the ‘Ships for America Act’ on Thursday. Go to ship&bunker

BUNKER JOBS: New Sea Generation Seeks Senior Trader in Greece The company is looking for candidates with strong experience in B2B bunker trading, an existing portfolio and excellent English and Greek. Go to ship&bunker

Fujairah November Bunker Sales Drop to 17-Month Low Annualising Fujairah’s year-to-date sales gives a 2024 total of 7.65 million mt, up by 2.2% on the year and the most since 2022. Go to ship&bunker

BUNKER JOBS: Peninsula Seeks Market Analyst in London The company is looking for candidates with market analyst experience in cargo or bunker trading. Go to ship&bunker

BUNKER JOBS: Wilhelmsen Ships Service Seeks Energy Product Manager in China The company is looking for candidates with and educational background in chemical engineering and two to seven years of product management experience. Go to ship&bunker

Turkish Bunker Association Announces New Board The new board was appointed after an extraordinary general assembly of the association’s members, incoming Chairman Mustafa Muhtaroğlu tells Ship & Bunker. Go to ship&bunker

BUNKER JOBS: Maersk Seeks Fuel Trader in Singapore The company is looking for candidates with two to five years of experience trading physical commodities, preferably fuel oil or gasoil. Go to ship&bunker

Oil Muted On Fed Cuts As Fitch Predicts Crude At $70 Per Barrel For 2025 Meanwhile, futures are headed for the narrowest annual price range since 2019. Go to ship&bunker

Orion Bunkers Mark 20th Anniversary as Physical Supplier The company is known for its physical supply in the Pakistan bunkering market. Go to ship&bunker

Petrol Ofisi Expands Physical Bunker Supply to Çanakkale The company has commenced bunkering operations with two dedicated barges covering Çanakkale and Bozcaada. Go to ship&bunker

BUNKER JOBS: Sumitomo Corp Seeks US Ammonia Business Development Manager The company is looking for candidates with five to ten years of experience in US domestic maritime business or project management in energy or chemical products in the country. Go to ship&bunker