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US and South Korea Move Ahead with Green Shipping Corridor
May 6, 2025 ... the importance of the joint effort between the two nations, which is expected to serve as a global model for sustainable shipping practices. The green shipping corridor will be developed through ...
OPEC Signals Full Speed Ahead With Output, Crude Prices Drop Yet Again
May 5, 2025 ... of the Petroleum Exporting Countries (OPEC) to accelerate output in June was finally ratified on Monday, causing oil prices to plumb lows not seen since 2021. Brent settled down $1.06 at $60.23 ...
Shipergy Hires Trader in Hong Kong
May 5, 2025 ... in Hong Kong. Kingsley Chan has joined the company as an energy trader in Hong Kong as of this month, he said in an update to his LinkedIn profile on Monday. Chan previously served as a bunker ...
Hydrogen Makes Comeback as April Sees Strong Alt-Fuel Vessel Orders: DNV
May 5, 2025 ... marked another strong month for alternative-fuel vessel orders, with 49 ships added to the global orderbook, up from 25 in March. Notably, the tally includes orders for two hydrogen-fuelled ...
Pilbara Ports Set New Rules for LNG and Dual-Fuel Vessels
May 5, 2025 ... in advance of their first arrival, including general arrangement plans, crew competency lists, mooring arrangements, and photographs of critical vessel areas such as the bridge, engine room and ...
Eight OPEC+ Members Announce June Oil Output Boost
May 5, 2025 ... despite weakening global demand and falling oil prices, with Brent crude dipping below $60/bl this morning. Still, OPEC+ insists market fundamentals remain strong, citing low inventory ...
Glander International Bunkering Managing Director for India Steps Down
May 5, 2025 ... stepped down as Dubai-based managing director of Glander International Bunkering India as of this month, he said in a LinkedIn post on Sunday. Menon had worked for Glander since June 2006. He had ...
TotalEnergies Takes on LR Technology to Reduce Fuel Consumption
May 5, 2025 ... technology integrates expert mariner oversight with sophisticated machine learning-based fuel modelling and hull performance analysis to enhance voyage efficiency and reduce bunker fuel ...
Potential Shell Acquisition of BP Would Unite Two of Singapore's Largest Bunker Suppliers
May 5, 2025 ... familiar with the matter. Whether the acquisition goes ahead would depend on how stock prices move amid the current downturn in crude. The potential deal would have profound impacts across a ...
BUNKER PRICES: G20-VLSFO Index Advances for First Day in Four
May 5, 2025 ... advanced by $10.50/mt to $487/mt, and at Houston they fell by $6.50/mt to $443.50/mt. On Monday morning Brent crude futures were trading down by $2.22/bl from the previous session's close ...
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Also in the News

China's Shenzhen Approves Hengli Group for Bonded Bunker Supply

China's Shenzhen Approves Hengli Group for Bonded Bunker Supply

Hengli Group becomes the first private entity approved to supply bunkers to international vessels in Shenzhen.

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UPM Cancels Rotterdam Biofuels Project

UPM Cancels Rotterdam Biofuels Project

The firm said it will concentrate on its current biofuel refinery located in Finland.

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Shell Supplies LNG to Cruise Ship in Singapore for First Time

Shell Supplies LNG to Cruise Ship in Singapore for First Time

A Japanese cruise ship operated by NYK was bunkered with LNG in Singapore.

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