News & Features

April, 2025
Date	Headline	Image
Tue08Apr	US Proceeds With Additional 50% Tariff on Imports From China The new tariff rate goes into effect as of the start of April 9.
Tue08Apr	XFuel Secures €7.7 Million EU Funding to Boost Biofuel Production The firm converts organic waste into drop-in fuels for use in sectors such as maritime.
Tue08Apr	Greece Wraps Up First Biofuel Bunkering Operations A cruise ship received the country's first biofuel bunker blend at the Port of Lavrio.
Tue08Apr	EPS Marks 350th Ship-to-Ship LNG Bunkering Milestone Eastern Pacific Shipping reached its 350th ship-to-ship LNG bunkering operation, just months after marking its 300th in December 2024.
Tue08Apr	LDC Ship Fitted with Bound4blue Sails to Cut Fuel Use by 10% Bound4blue says the suction sails were installed within four days on the vessel.
Tue08Apr	TotalEnergies Marine Fuels Hires Strategy and Financial Analyst in Singapore The new hire previously worked for parent company TotalEnergies as a biofuel analyst in Paris.
Tue08Apr	NYK Signs Newbuild Contract for First Methanol-Fuelled VLCC The vessel will be chartered to Idemitsu Tanker upon delivery in 2028.
Tue08Apr	BUNKER PRICES: G20-VLSFO Index Drops to Lowest Since August 2021 Ship & Bunker's G20-VLSFO Index lost $18.50/mt to $530/mt on Monday, reaching its lowest level since August 2021.
Tue08Apr	Stillstrom Explores Offshore Power for Idling Vessels at Panama Canal The company is seeking to provide electricity to idling vessels from a stationary offshore power unit.
Tue08Apr	Pacific Nations Refuse to Drop Carbon Levy Demand at IMO As pressure mounts at MEPC 83, Pacific nations are resisting compromise on a carbon levy, calling out diluted proposals and demanding measures grounded in science and climate justice.

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23Apr

1IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?

Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
24Apr

2South Korea Encourages Shift to Mass Flow Meters for Bunker Measurement

Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker.
24Apr

3FincoEnergies Expands Maritime Reach with Stake in Dutch Bunker Firm

FincoEnergies has partially acquired the business operations of bunker supplier Oliehandel Klaas de Boer.
24Apr

4VPS: Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?

Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
21Apr

5COSCO Criticises US Port Fees for Distorting Fair Competition

Chinese shipping firm COSCO says US port fees on Chinese vessels threaten the normal functioning of global shipping.
25Apr

6Bunker Prices Forecast to be Under $500/mt throughout 2026

Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.
24Apr

7Weekly Vessel Scrapping Report 2025: Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 17 – April 23, 2025.
22Apr

8IMO Pushes Ahead with Carbon Capture Framework

Carbon capture's profitability under the IMO 2028 deal will depend upon the system used and how the carbon is disposed of, a Value Maritime representative tells Ship & Bunker.
24Apr

9Minerva Deploys Floating Storage at Jeddah to Boost Red Sea Bunkering

The 113,000 m3 capacity floating storage unit will store VLSFO, HSFO and MGO.
21Apr

10Houthi Capabilities Hit as Iran Pulls Navy from Red Sea: Reports

The move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region.

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