Tue03Mar |
Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker. |
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Mon02Mar |
Ship & Bunker's key G20-VLSFO index rose $44 Monday to $587.50/mt. |
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Mon02Mar |
Oil facilities across Middle East close as Iran drops bombs throughout the region. |
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Mon02Mar |
Container ships reportedly account for about 100 of the 750 ships backed up around the Strait of Hormuz. |
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Mon02Mar |
Fujairah's market - reliant on ships crossing the Strait of Hormuz for its demand - is largely on hold until clarity emerges, local sources tell Ship & Bunker. |
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Mon02Mar |
Indications received by Ship & Bunker on Monday morning generally showed price rises in the $40-50s/mt for VLSFO. |
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Mon02Mar |
The vessel has now safely returned to anchorage in Dubai, a company spokesman tells Ship & Bunker. |
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Mon02Mar |
The decision follows Iranian attacks on the firm's facilities. |
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Mon02Mar |
A projectile hit triggered a fire in the vessel's engine room, forcing the crew to abandon ship. |
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Mon02Mar |
The vessel can carry out bunkering operations in 100% electric mode. |
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