March, 2026
Date Headline Image
Mon02Mar
10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE
Container ships reportedly account for about 100 of the 750 ships backed up around the Strait of Hormuz.
 10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE
Mon02Mar
Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Indications received by Ship & Bunker on Monday morning generally showed price rises in the $40-50s/mt for VLSFO.
 Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Mon02Mar
Eight OPEC+ Members Announce April Output Increase
The OPEC countries will increase production by 206,000 b/d.
 Eight OPEC+ Members Announce April Output Increase
Mon02Mar
Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
The firm has also suspended nominations of crude oil grades that require ships to transit the strait.
 Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
Mon02Mar
IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia
The interim training guidelines draft will be submitted for MSC approval in May 2026.
 IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia
Mon02Mar
Hapag-Lloyd Adds War Risk Surcharge for Middle East Shipments
The charge has been set at $1,500/TEU for standard containers and $3,500/TEU for reefer containers and special equipment.
 Hapag-Lloyd Adds War Risk Surcharge for Middle East Shipments
Mon02Mar
Bunker Buyers Brace for Highest Prices in Years as Analysts Expect Oil to Hit $100/bbl Following Iran Strikes
Should such a jump occur, bunker buyers can expect to be paying around $750/mt for VLSFO in the primary ports.
 Bunker Buyers Brace for Highest Prices in Years as Analysts Expect Oil to Hit $100/bbl Following Iran Strikes
Mon02Mar
From Engine Room to Living Room: LEGO Maersk Dual-Fuel Methanol Boxship Highlights Growing Public Awareness of Shipping's Energy Transition
Greater public awareness has several implications for Shipping's energy transition.
 From Engine Room to Living Room: LEGO Maersk Dual-Fuel Methanol Boxship Highlights Growing Public Awareness of Shipping's Energy Transition
Sun01Mar
UKMTO Reports New Ship Attack Near Sharjah
The ship came under attack about 35 nautical miles west of Sharjah at 4:45 PM UTC on Sunday.
 UKMTO Reports New Ship Attack Near Sharjah
Sun01Mar
IMO Secretary-General: Vessels Should Avoid Transiting Strait of Hormuz
The IMO's Arsenio Dominguez recommends shipping firms 'exercise maximum caution' when deciding whether to continue operating in the region.
 IMO Secretary-General: Vessels Should Avoid Transiting Strait of Hormuz