World News

July, 2024
Date	Headline	Image
Fri05Jul	Oil Notches Weekly Gains On Bullish Signs But Dips Friday As Gaza Hopes Rekindle Much of the sentiment hinges on OPEC's ability to maintain its cuts.
Fri05Jul	CIMAC Publishes Further Guidance on ISO 8217:2024 CIMAC has published three more pieces of guidance on the new ISO 8217:2024 specifications for marine fuels.
Fri05Jul	Cockett Group Appoints Northern Europe Branch Manager The new branch manager worked for Cockett since January 2012.
Fri05Jul	Zero44 Platform Implements EUA Trading for EU-ETS Compliance The firm has launched an EUA trading partnership programme, bringing in several trading partners into its platform.
Fri05Jul	Container Line HMM Prepares to Test Onboard Carbon Capture The company will test the system on board its 2,200 TEU container ship HMM Mongla.
Fri05Jul	BUNKER PRICES: G20-VLSFO Index Falls for First in Three Sessions Ship & Bunker's G20-VLSFO Index lost $3/mt to $648/mt on Thursday, having reached the highest level since May 1 the previous day.
Fri05Jul	Classification Society LR Publishes New Report on Nuclear Propulsion The company has published a new report on nuclear propulsion, setting out its prospects and the barriers to its adoption.
Fri05Jul	55 Union Marine Management Bulkers to Save 5-10% in Bunker Use From Voyage Optimisation The UMMS-managed ships will take on voyage optimisation and CII simulator digital systems from NAPA.
Thu04Jul	Oil Gains Fuelled By Sentiment As Bearish Fundamentals Accumulate Meanwhile, oil trading giants go on a spending spree.
Thu04Jul	Headway Technology to Provide Fuel Supply Systems for Four Methanol-Fuelled Bulkers The firm will supply the LFSS systems for four 89,000 DWT bulkers for Fujian Guohang Ocean Shipping (Group) Co Ltd.

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04Jul

1Oilmar Regional Manager Steps Down

Maaz Ahmed is stepping down from his role as MEA regional marine fuels manager at Oilmar.
03Jul

2GeoServe Opens Singapore Office

The firm has opened a new office in Singapore and hired a regional manager and senior trader.
04Jul

3Glander International Bunkering 2023/24 Profits Drop From Previous Year's Record

The company saw pre-tax earnings of $22.17 million in the year to April 30, down from $40.9 million a year earlier.
02Jul

4KPI OceanConnect: Bunker Volumes Up 9% to 12m mt, Pre-Tax Profits Drop 59%

For 2023/24 the firm's pre-tax profit per tonne was about $1.67/mt, down from about $4.45/mt the previous year.
03Jul

5Vitol Takes on Three LNG Bunkering Vessels

The firm has ordered one 12,500 m3 ship and a 20,000 m3 one from CIMC Sinopacific Offshore & Engineering in China, and chartered a new 20,000 m3 one from Avenir LNG.
05Jul

6Cockett Group Appoints Northern Europe Branch Manager

The new branch manager worked for Cockett since January 2012.
02Jul

7Shell Halts Construction of Large Biofuel Plant in Rotterdam

The purpose of the pause is 'to address project delivery and ensure future competitiveness given current market conditions'.
03Jul

8Bunker Partner Hires Trading Manager in Athens

The new hire was previously Monjasa's branch manager in Athens.
02Jul

9Island Oil Appoints Senior Trader in Singapore

The new senior trader has worked for the company since July 2021.
02Jul

10OW Bunker Cases Result in $92.8 Million Settlement

The Danish Eastern High Court will need to formally approve the settlement before it is finalised.

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