World News

June, 2024
Date	Headline	Image
Thu27Jun	KPI OceanConnect Appoints Head of Risk and Supply The new manager has worked for KPI OceanConnect and its predecessor company, KPI Bridge Oil, since February 2019.
Thu27Jun	BUNKER PRICES: G20-VLSFO Index Jumps to Five-Week High Ship & Bunker's G20-VLSFO Index gained $2/mt to the highest level since May 20 on Wednesday.
Thu27Jun	GCMD to Work With OGCI on Maritime Decarbonisation The two organisations have signed a two-year coalition partnership agreement.
Wed26Jun	Stockpile Build Offsets Gaza Concerns, Oil Prices Rudderless Mixed signals continue to keep oil prices rangebound.
Wed26Jun	Bunker Holding Lost Around $125 Million From African Onshore Business PSTV Cargo The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker.
Wed26Jun	Hapag-Lloyd Signs Strategic Partnership Deal With ZeroNorth The two companies will work on a new digital solution digitalising the end-to-end bunker planning and procurement process.
Wed26Jun	BUNKER PRICES: G20-VLSFO Index Jumps to One-Month High Ship & Bunker's G20-VLSFO Index gained $6/mt to the highest level since May 21 on Tuesday.
Wed26Jun	Dutch Firm Plans Superyacht With Hydrogen Fuel Cell Engineering company MAN Cryo has been selected to provide the hydrogen fuel supply system for the 118.8 m yacht.
Tue25Jun	Mixed Messages About U.S. Consumer Confidence Cause Oil To Retreat However, analysts still think demand will outpace supply this year.
Tue25Jun	Coffee Holding Cancels Planned Merger With Delta Corp Coffee Holding has called off the merger after failing to secure approval from shareholders in a vote in April.

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26Jun

1Bunker Holding Lost Around $125 Million From African Onshore Business PSTV Cargo

The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker.
26Jun

2Turkish Bunker Supplier UNERCO to Offer Biofuel Blends After Winning ISCC Certification

The firm is now offering B10, B20, B24 and B30 blends to ISO 8217:2024 specifications, a company representative tells Ship & Bunker.
28Jun

3New Bunker Supplier Ankora Fuels Launches on US East Coast

Ankora Fuels will initially focus on MGO and ULSMGO deliveries by barge and truck in the Port of New York and New Jersey, co-founder John Barbarise III tells Ship & Bunker.
25Jun

4Bunker Holding Pre-Tax Earnings Slumped by 43% in 2023/24

Revenue sank to $14.5 billion from $16.6 billion a year earlier.
28Jun

5Peninsula Appoints Physical Desk Manager in Dubai

The new manager has worked for Peninsula since October 2018.
27Jun

6Cepsa Sees Room for Optimism on Biofuel Availability for FuelEU Maritime Compliance

Samir Fernandez, director of Cepsa Marine Fuel Solutions, sees the scale of biofuel demand from shipping leading to more supply.
25Jun

7'Annus Horribilis' for Bunker Holding Parent Company USTC in 2023/2024

Bunker Holding's earnings were hit by the termination of cargo activities in Africa, its parent company said.
24Jun

8Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications

While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.
26Jun

9Hapag-Lloyd Signs Strategic Partnership Deal With ZeroNorth

The two companies will work on a new digital solution digitalising the end-to-end bunker planning and procurement process.
28Jun

10Greece's Finecor Oil Bunkering Plans Global Expansion

The company is reportedly planning an expansion ti Singapore, the UAE and Malta, as well as considering acquiring storage capacity in Greece.

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