World News

April, 2025
Date	Headline	Image
Tue15Apr	BUNKER PRICES: G20-VLSFO Index Advances for Third Day Ship & Bunker's G20-VLSFO Index gained $2/mt to $523/mt on Monday, reaching its highest level since April 8.
Tue15Apr	ABS Grants Design Approval to Tritec Marine's LNG Bunker Vessel The design features tanks made up of aluminium alloy, which is 30% lighter than traditional tanks.
Tue15Apr	IMO 2028: How Much Is it Going to Cost? Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
Mon14Apr	Oil Steadies As Gunvor Thinks Reaction To Trump Tariffs Was "Too Aggressive" However, OPEC still sees demand reduction for this year and next.
Mon14Apr	IBIA's Edmund Hughes: IMO 2028 Deal Likely to Be Adopted in October While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative.
Mon14Apr	VPS: How Fuel System Check Monitoring Will Reduce Risks, Save Time and Money Steve Bee of VPS discusses how to avoid engine damage from cat fines.
Mon14Apr	Mining Firm Fortescue to Charter Ammonia-Fuelled Ore Carrier The firm has signed a deal with CMB.Tech subsidiary Bocimar to charter the 210,000 DWT bulker.
Mon14Apr	IMO 2028 Deal Sparks Disappointment as Flat Levy Ditched The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
Mon14Apr	BUNKER PRICES: G20-VLSFO Index Advances to Three-Day High Ship & Bunker's G20-VLSFO Index gained $3/mt to its highest level since April 8 on Friday.
Fri11Apr	Oil Incurs Weekly Loss As Tariff Fatigue Stokes Bearish Sentiment Meanwhile, the EIA lowers 2025's global oil demand estimate.

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12May

1UK Sanctions Nearly 100 Tankers Linked to Russian Shadow Fleet

The UK targets nearly 100 Russian shadow fleet tankers to cut Russian funding and protect key infrastructure.
05May

2Potential Shell Acquisition of BP Would Unite Two of Singapore's Largest Bunker Suppliers

BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022.
12May

3BUNKER JOBS: Hawks Group Seeks Traders in Singapore

The company is looking for candidates for both junior and experienced bunker trader roles in the world's largest marine fuels hub.
05May

4Glander International Bunkering Managing Director for India Steps Down

The executive had worked for Glander since June 2006.
07May

5President Trump Calls End to Red Sea Crisis

"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
12May

6Statkraft Scales Down Hydrogen Plans Amid Market Uncertainty

The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty.
06May

7INTERVIEW: How to Navigate the Bunker Job Market in a Downturn

Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
09May

8Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta

Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.
12May

9Monjasa Reevaluates UAE LNG Bunkering on 'Unfavourable Market Conditions'

Monjasa's UAE LNG operation, launched at the start of 2025, is being reevaluated until more favourable market conditions emerge.
12May

10Crude Futures Surge as US and China Cut Tariffs for 90 Days

The US will cut its tariffs on Chinese goods to 30% from 145% previously and China will cut its levies on US goods to 10% from 125% for the next 90 days.

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