World News

Crude Futures Gain After US-Iran Clash Again in Strait of Hormuz

The UAE issued a missile threat alert this morning following missile launches from Iran.

8 May 2026

X-Press Feeders Signs Bio-Methanol Supply Deal With PuriFire Energy

PuriFire Energy could supply up to 15,000 mt/year of bio-methanol to X-Press Feeders.

8 May 2026

Union Maritime Takes Delivery of Third Wind-Assisted LR2 Tanker

The LNG-fuelled vessel is fitted with a wind propulsion system from Bar Technologies.

7 May 2026

Maersk Q1 Bunker Consumption Drops 5.3% YoY on Efficiency Gains

The company operated a fleet of 21 dual-fuel container ships as of the end of Q1.

7 May 2026

Weekly Vessel Scrapping Report 2026: Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 30 – May 6, 2026.

7 May 2026

Oil Barely Crests $100 As Iran Studies Latest U.S. Peace Proposal

Meanwhile, $7 billion in market bets demonstrates how some people are benefitting from the war.

6 May 2026

Know Your Counterparty: Malik Group

Aalborg-based Malik Group, encompassing the Malik Supply and Malik Energy brands, has a history in the bunker industry stretching back almost 40 years.

6 May 2026

Abrasive Reality: How Elevated Catfines Can Damage Marine Engines

VPS says elevated levels of catalytic fines in marine fuel continue to pose a serious risk to vessel engines due to their highly abrasive nature.

6 May 2026

LR Says LNG Remains Most Cost-Effective Compliance Fuel Pathway

Blending bio-LNG with LNG could further improve compliance performance for operators, LR says.

6 May 2026

Minerva Bunkering Launches Mauritania Physical Supply Operation

Following the award of a National Hydrocarbons Commission licence, the firm has set up physical supply initially focused on Nouadhibou and Nouakchott.

6 May 2026

TFG Marine Secures $300 Million DBS Facility Backed by Digital Bunker Delivery Records

Digital delivery records replace paper-based audit trails as collateral verification in a first for marine fuel trade finance.

6 May 2026

Israel's ZIM Shareholders Approve Hapag-Lloyd Takeover Deal

Alphaliner says ZIM is currently the 10th largest container shipping firm.

6 May 2026

Oil Nosedives As Trump Pauses Project Freedom - But Maintains Blockade Of Iranian Ports

Meanwhile, the API reports huge U.S. stock draws.

5 May 2026

April Alternative-Capable Ship Orders Surge After Slow Start to the Year: DNV

38 alternative-capable ships were ordered in April, with LNG dominating the orders.

5 May 2026

AYK Energy to Power World's First Diesel-Electric Self-Unloading Bulker

The 6,758 kWh battery will form part of a hybrid diesel-electric setup.

5 May 2026

MEPC 84: Bunker Holding Says Industry Needs Predictability Over Perfection

Bunker Holding says investment in alternative marine fuels depends on a clear framework.

5 May 2026

Container Line ONE Sees 5% Increase in Bunker Consumption in 2025/6

The firm consumed a total of 3.95 million mt of bunker fuel in the year to March 31.

5 May 2026

Fratelli Cosulich Launches Second Methanol-Ready Bunker Vessel

The vessel is suitable for future conversion to methanol propulsion.

5 May 2026

Oil Surges Almost 6% As Iran, U.S. Close To Resuming "Major Combat Operations"

Meanwhile, the UAE bids farewell to OAPEC.

4 May 2026

Seven OPEC+ Members Announce June Output Increase

The UAE is absent from the latest OPEC+ output increase after announcing its exit from the producer group last week.

4 May 2026