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Scandi Trading Hires Head of Credit and Compliance
May 16, 2025 ... firm Scandi Trading has hired a head of credit and compliance in Greece. Dimosthenis Gkizas has joined the company as head of credit and compliance in Piraeus as of this month, he said in an ...
Long Beach Hits Record April, But Tariffs Cast Shadow Over May Outlook
May 16, 2025 ... the docks," Mario Cordero, CEO of Port of Long Beach, said. "Soon, consumers could find fewer choices and higher prices on store shelves and the job market could see impacts, given the continuing ...
Weekly Vessel Scrapping Report 2025: Week 19
May 15, 2025 ... a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is ...
Mabanaft Rebrands as MB Energy
May 15, 2025 ... all of its brands under the MB Energy logo, it said in an emailed statement on Thursday. The Oiltanking Germany, Hungary and Denmark storage unit will now operate under the name 'enport - by ...
OCI Global Gets EU Nod for Methanol Unit Sale to Methanex
May 15, 2025 ... just 59 methanol-fuelled vessels are currently in operation, an additional 325 are scheduled to join the global fleet by 2028, according to classification society DNV ...
Burando Energies Hires Senior Bunker Trader in Copenhagen
May 15, 2025 ... firm Burando Energies has hired a new senior bunker trader in Copenhagen. Kim Post Hansen has joined the company as senior bunker trader in Copenhagen as of this month, it said in a LinkedIn ...
Anemoi and Partners to Develop Rotor Sail Designs for Tankers
May 15, 2025 ... propulsion firm Anemoi Marine Technologies has partnered with Hafnia, Guangzhou Shipyard International and classification society DNV to advance rotor sail technology for the tanker ...
Biofuel Available at Cosco-Controlled Piraeus Container Terminal
May 15, 2025 ... it said in a social media post. The development follows the Greek government's adoption of Joint Ministerial Decision 115/2024, which aligns national biofuel blending standards with the ...
Oil's Winning Streak Ends As Rising Stockpiles Steal Trump's Thunder
May 14, 2025 ... U.S. president Donald Trump forging high-profile partnerships in the Middle East, all it took for oil to fall on Wednesday was the most ephemeral news of all: a build-up in U.S. crude ...
Turkish Market Sees Doubling of MGO Demand After Med ECA Launch
May 14, 2025 ... means 0.50% sulfur VLSFO can no longer be used in the region on ships without a scrubber. "Gasoil demand has doubled but avails are tight," Muhtaroğlu said. "Turkey is a net importer of ...
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BUNKER PRICES: G20-VLSFO Index Drops to 11-Week Low

BUNKER PRICES: G20-VLSFO Index Drops to 11-Week Low

Bunker prices are at their lowest point since the end of May.

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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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    The fire broke out on the 18,340 TEU container ship Marie Maersk off the coast of Liberia on Wednesday.
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