Ship & Bunker’s G20-VLSFO Index, which tracks VLSFO prices across 20 major bunkering ports, has risen by more than 35% since the US and Israel carried out the first attacks on Iran to $735/mt as of ...
Container shipping firm A.P. Moller Maersk has joined other container lines by implementing a temporary emergency bunker surcharge as fuel prices surge amid escalating tensions in the Middle East. The ...
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SINGAPORE, July 15 (Reuters) - Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global ...
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What fuel do large ships use? Heavy fuel oil and bunker fuel explained
Ever wondered what fuel large ships use to travel across oceans for weeks? Most commercial vessels rely on Heavy Fuel Oil (HFO), commonly called bunker fuel, a thick petroleum residue that powers the ...
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