World News

Weekly Vessel Scrapping Report 2026: Week 44
Weekly Vessel Scrapping Report 2026: Week 44
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 29 – November 4, 2026.
5 Nov 2026
Oil in 9% Freefall As Analysts Presume Iran War Will Be Stopped By U.S. Democrat Takeover
Oil in 9% Freefall As Analysts Presume Iran War Will Be Stopped By U.S. Democrat Takeover
However, at least one pundit says military escalation is the likelier outcome.
4 Nov 2026
NatPower Marine and ZEBOX Partner on Shore Power
NatPower Marine and ZEBOX Partner on Shore Power
NatPower Marine has joined CMA CGM-backed ZEBOX to accelerate shore power and other energy infrastructure projects for ports and shipping.
4 Nov 2026
WSC Joins Call to Permanently Suspend US Port Fees on Chinese-Linked Ships
WSC Joins Call to Permanently Suspend US Port Fees on Chinese-Linked Ships
The coalition welcomed the extension of the suspension until January 9, 2027, but called for a permanent halt to the fees.
4 Nov 2026
Oil Continues Downward As Peace Hopes Defy Iran's Refusal To Budge From Demands
Oil Continues Downward As Peace Hopes Defy Iran's Refusal To Budge From Demands
Meanwhile, Russia and Ukraine set date for peace talks.
3 Nov 2026
Air Lubrication Firm Silverstream Joins MMMCZCS
Air Lubrication Firm Silverstream Joins MMMCZCS
Silverstream will share its expertise to support the center's work on energy efficiency and reducing shipping emissions.
3 Nov 2026
ONE Names Methanol/Ammonia-Ready Boxship
ONE Names Methanol/Ammonia-Ready Boxship
The vessel is designed to allow future conversion to ammonia or methanol propulsion.
3 Nov 2026
Wartsila Helps Reduce Methane Emissions From Three Chevron LNG Carriers
Wartsila Helps Reduce Methane Emissions From Three Chevron LNG Carriers
The company converted one engine on each vessel from dual-fuel to spark-gas operation.
3 Nov 2026
Port of Rotterdam and IBIA Praise BSI Initiative
Port of Rotterdam and IBIA Praise BSI Initiative
Minerva Bunkering CEO Tyler Baron said that the BSI recorded a quantity claims ratio of 0.007% in the ARA bunker market.
3 Nov 2026
StormGeo Acquires Portchain to Link Voyage and Port Call Optimisation
StormGeo Acquires Portchain to Link Voyage and Port Call Optimisation
The deal will connect vessel routing decisions with real-time berth availability, supporting more efficient port calls.
3 Nov 2026
Alternative-Fuelled Vessel Orders Rise 57% in First 10 Months of 2026: DNV
Alternative-Fuelled Vessel Orders Rise 57% in First 10 Months of 2026: DNV
LNG propulsion accounts for 64% of all alternative-fuelled vessel orders this year.
3 Nov 2026
BUNKER PRICES: Singapore VLSFO Prices Above $1,000/mt for the First Time Since March
BUNKER PRICES: Singapore VLSFO Prices Above $1,000/mt for the First Time Since March
Singapore VLSFO prices remain near $1,000/mt despite a recent drop, at their highest since March.
3 Nov 2026
Alleged U.S./Iran Peace Progress Causes Massive 7% Plunge In Oil Prices
Alleged U.S./Iran Peace Progress Causes Massive 7% Plunge In Oil Prices
But Iran is also gearing up to launch attacks without "geographical limits".
2 Nov 2026
LNG Bunkering Available at 222 Ports, Methanol at Just 25: LR
LNG Bunkering Available at 222 Ports, Methanol at Just 25: LR
Lloyd’s Register says LNG has a mature, near-global bunkering network.
2 Nov 2026
China Renews Case for Multipliers, Says Green Fuel Uptake Could Suffer Without Them
China Renews Case for Multipliers, Says Green Fuel Uptake Could Suffer Without Them
Multipliers could support green marine fuel uptake, but their impact on actual emissions needs careful calibration, China says in a document to the IMO.
2 Nov 2026
Brent Futures Slide Over 3% as Qatar Talks Raise Hopes of Iran Deal
Brent Futures Slide Over 3% as Qatar Talks Raise Hopes of Iran Deal
Diplomatic efforts to ease US-Iran tensions continued on Sunday, the same day two vessels were reportedly attacked.
2 Nov 2026
World Fuel Q3 Marine Margins Hit Four-Year High as Bunker Volumes Recover From Q2 Low
World Fuel Q3 Marine Margins Hit Four-Year High as Bunker Volumes Recover From Q2 Low
Income from marine operations of $36.8 million was the highest since 2022, with volumes up 7.6% on the quarter but still down on the year.
30 Oct 2026
Oil Headed For 14% Monthly Increase As Limpet Mines Added To Escalating Middle East Attacks
Oil Headed For 14% Monthly Increase As Limpet Mines Added To Escalating Middle East Attacks
Meanwhile, oil giants are the clearcut winners of the U.S./Iran war.
30 Oct 2026
Three MOL-CMB.TECH Ammonia-Fuelled Bulkers Named
Three MOL-CMB.TECH Ammonia-Fuelled Bulkers Named
The three ammonia-fuelled capesize bulk carriers will be delivered in early 2027.
30 Oct 2026
NGOs Raise LNG Concerns Over IMO Chief's Remarks on Alternative Fuels
NGOs Raise LNG Concerns Over IMO Chief's Remarks on Alternative Fuels
The organisations urge the IMO not to reward LNG under its proposed Net-Zero Framework.
30 Oct 2026