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More Companies and Ships Sanctioned by the US for Alleged Iranian Oil Trade
Jul 7, 2025 ... of Foreign Assets Control (OFAC) has announced new sanctions on shipping firms, vessels and individuals for alleged involvement in the facilitation of Iranian oil trade. 12 vessels, including ...
Eight OPEC+ Members Announce Bigger August Output Increase
Jul 7, 2025 ... August Brent futures traded at $68.28/bl as of 08:44 AM in London, down from $68.30/bl at Friday's ...
European Commission Grants €22 Million for Port Upgrades at Helsinki and Lübeck
Jul 7, 2025 ... Port of Helsinki’s share of the support is approximately €12 million, the port authority said in a statement last week. The project entails the upgrade of port infrastructure, deploying ...
Core Power-Led Consortium Explores Floating Nuclear Plant for the Mediterranean
Jul 7, 2025 ... to islands, support zero-emission port operations and power desalination plants, the firm said in a statement on its website last week. "By constructing and mass-assembling a fleet of FNPPs ...
BUNKER PRICES: G20-VLSFO Index Holds Steady Despite Drop in Crude
Jul 7, 2025 ... prices were mixed in direction at ports around the world on Friday, with global average VLSFO prices little changed overall despite a drop in crude futures. Ship & Bunker's G20-VLSFO ...
Axpo Delivers First LNG Bunker Stem at Sines via Ship-to-Ship Transfer
Jul 7, 2025 ... engaged in cargo handling operations, Daniele Corti, head of small-scale LNG at Axpo, said in a recent LinkedIn post. The LNG was delivered using the Avenir LNG bunker delivery ...
Bunker Partner Expands Into Physical Bunkering with Ivory Coast Launch
Jul 7, 2025 ... Partner has entered the physical bunker supply market with the launch of its first operation in Abidjan, Côte d'Ivoire (Ivory Coast), West Africa. Fuel will be delivered using the barge Africa ...
Ship Abandoned in Red Sea After Attack Causes Fire on Board
Jul 6, 2025 ... of Al Hudaydah in Yemen at about 11:25 AM UTC on Sunday, the UK Maritime Trade Operations agency said in a social media post. "The vessel has been engaged by multiple small vessels who have opened ...
More Losses For Oil As OPEC Meeting And Output Hikes Loom
Jul 4, 2025 ... swings in oil trading of late, a bearish undercurrent has remained firm and reasserted itself on Friday with more losses for crude ahead of the expected output increase from the Organization of the ...
Norway CO2 Tax Exemption End on Fishing Vessels to Impact Bunker Volumes
Jul 4, 2025 ... fuel in Denmark, UK and Faroe island."  Norwegian marine fuel supplier Bunker Oil AS also said the market response was immediate. The company reported cancellations of 1.5 million litres of ...
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Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

But the prospect of a Fed cut is speculative at best.

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Weekly Vessel Scrapping Report 2025: Week 32

Weekly Vessel Scrapping Report 2025: Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 7 – August 13, 2025.

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Greenergy Extends Amsterdam Biofuel Plant Lease by 10 Years

Greenergy Extends Amsterdam Biofuel Plant Lease by 10 Years

Greenergy, which bought the plant in 2018, has since expanded it to process more waste oils.

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