Latest News
World Kinect Q2 Marine Profits Drop to Lowest Since 2021 on Reduced Volatility
Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021.
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27JulMeanwhile, the perception continues that an Israeli/Hamas ceasefire is near. Read in Full
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26JulA total of 3.5 million mt of bunker fuels have been supplied using the ADP platform since its launch in 2021. Read in Full
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26JulThe new hire had previously worked for Praxis Energy Agents. Read in Full
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26JulShip & Bunker's G20-VLSFO Index dropped by $1/mt to the lowest level since June 17 on Thursday. Read in Full
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26JulThe Tanzania-flagged Fu Shun capsized off Kaohsiung on Thursday with nine Myanmar nationals on board. Read in Full
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26JulThe company is looking for candidates with a complete understanding of cargo transport operations and superior knowledge about multiple commodities. Read in Full
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26JulThe new hire previously worked for Hempel A/S from January 2022 to this month, serving most recently as global marine key accounts manager. Read in Full
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26JulThe company is looking for candidates with at least four years of experience, as well as fluent English and Greek. Read in Full
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25JulBut a dearth of evidence supports the optimism on otherl fronts. Read in Full
Insights & Analysis More
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Jul 26Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021. -
Jul 15Latest market survey indicates demand at key bunkering hubs around the world is now at the highest level since the fourth quarter of 2019. -
Jul 15If the total from the first half were to be replicated over the rest of the year, 2024's total would reach 53.97 million mt, up by 4.1% from 2023's record high. -
Jun 28The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year.
Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.
Yemen & Red Sea Attacks
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Jul 20IDF fighter jets targeted oil refining facilities at the port on Saturday evening. -
Jul 20The ship came under attack about 64 nautical miles north-west of Al Mukha at 3 AM UTC on Saturday. -
Jul 19The 2,082 TEU Singapore-flagged boxship Lobivia has moved to Somalia to assess the damage from the attack. -
Jul 19The ship came under attack about 83 nautical miles south-east of Aden at 1:50 AM UTC on Friday. -
Jul 15The ship came under attack about 97 nautical miles north-west of Al Hudaydah at 12 PM UTC on Monday.
Top Stories More
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Jul 26Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021.
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Jul 18IBIA proposes a correction factor for short voyages to prevent ships with frequent short-duration voyages like bunker delivery vessels from being disproportionately penalised. -
Jul 15Latest market survey indicates demand at key bunkering hubs around the world is now at the highest level since the fourth quarter of 2019.
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Jul 15If the total from the first half were to be replicated over the rest of the year, 2024's total would reach 53.97 million mt, up by 4.1% from 2023's record high.
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Jul 12Two marine fuel testing agencies have warned of high cat fine levels observed in recent fuel oil samples from the Amsterdam-Rotterdam-Antwerp hub.
Decarbonisation and Alternative Marine Fuels & Power More
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Jul 26The new hire previously worked for Hempel A/S from January 2022 to this month, serving most recently as global marine key accounts manager. -
Jul 25The lead developer of a project providing ammonia bunkering capacity of at least 100,000 mt/year will be announced by Q1 2025. -
Jul 24The ship will be the world's first fully electric battery-capable self-unloading vessel. -
Jul 24HSFO will be available in early August, and the company will provide market with firm date next month, bunkering head Pedro Ornelas tells Ship & Bunker. -
Jul 23Under its green shipping corridor programme.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 588.50 | 0.50 | 757.00 | 2.50 | 490.00 | 0.50 |
| Global 20 Ports Average | 624.50 | 2.50 | 817.50 | 3.00 | 525.00 | 0.50 |
| Global Average Bunker Price | 678.50 | 3.50 | 883.50 | 2.00 | 564.00 | 0.50 |
| Singapore | 611.00 | 1.50 | 730.00 | 7.00 | 507.50 | 4.50 |
| Rotterdam | 557.50 | 1.00 | 718.50 | 2.00 | 485.50 | 5.00 |
| Fujairah | 608.50 | 2.50 | 829.00 | 2.00 | 492.50 | 6.50 |
| Houston | 576.00 | 1.00 | 750.50 | 2.50 | 475.00 | 6.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 593.00 | 2.50 | - | 532.50 | 0.00 | |
| Hong Kong | 612.00 | 2.00 | 727.50 | 3.50 | 519.00 | 2.00 |
| Istanbul | 635.00 | 5.50 | 793.50 | 5.50 | 592.00 | 0.50 |
| LA / LB | 622.00 | 2.50 | 842.50 | 1.50 | 508.50 | 2.00 |
| Las Palmas |
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| Mumbai |
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| New York | 617.00 | 1.00 | 792.00 | 1.00 | 550.00 | 1.50 |
| Cristobal, Panama |
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| Piraeus | 656.50 | 0.00 | 808.50 | 10.50 | 540.50 | 2.50 |
| Santos | 643.00 | 5.00 | 877.50 | 6.00 | - | |
| Shanghai |
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| St Petersburg | 565.00 | 0.00 | 718.00 | 0.00 | 479.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 624.50 | 2.50 | 817.50 | 3.00 |
| Global 4 Ports Average | 588.50 | 0.50 | 757.00 | 2.50 |
| Global Average Bunker Price | 678.50 | 3.50 | 883.50 | 2.00 |
| Singapore | 611.00 | 1.50 | 730.00 | 7.00 |
| Fujairah | 608.50 | 2.50 | 829.00 | 2.00 |
| Rotterdam | 557.50 | 1.00 | 718.50 | 2.00 |
| Houston | 576.00 | 1.00 | 750.50 | 2.50 |
Bunker Jobs
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Jul 26The company is looking for candidates with a complete understanding of cargo transport operations and superior knowledge about multiple commodities. -
Jul 26The company is looking for candidates with at least four years of experience, as well as fluent English and Greek. -
Jul 25The company is looking for candidates with at least one year of experience in the Asian bunker industry, as well as fluent Korean. -
Jul 25Maritime Recruitment Company Ltd is recruiting for bunker trader roles in Dubai, Singapore, Greece and London, Vernon Jayanathan tells Ship & Bunker. -
Jul 24The company is looking for candidates with experience in bunker supply or trading, fluent English and strong negotiation skills.
Popular Now More
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Jul 25But a dearth of evidence supports the optimism on otherl fronts. -
Jul 23The new hire previously worked as a senior fuel oil trader for Hartree Partners in Houston. -
Jul 26Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021.
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Jul 23Discussions are ongoing among local authorities and stakeholders ahead of the launch. -
Jul 23Under its green shipping corridor programme.
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Jul 19The ships were about 55 km north-east of Pedra Blanca. -
Jul 25The lead developer of a project providing ammonia bunkering capacity of at least 100,000 mt/year will be announced by Q1 2025.