World News

Wartsila Wins Four-Vessel LNG Bunkering Systems Deal

Wartsila says it continues to expand its presence in the LNG bunkering vessel segment.

4 May 2026

MEPC 84: Shipping Groups Urge Faster Progress on IMO Net-Zero Framework

Shipping bodies say MEPC 84 talks were constructive, but urge governments to agree on a global framework to unlock decarbonisation investments.

4 May 2026

Ships Paying Iranian Tolls for Hormuz Passage Risk US Sanctions

The US warns shipping over sanctions exposure linked to reported Iranian "toll" demands for safe transit.

4 May 2026

MEPC 84: UCL Sees Pendulum Swinging Back to NZF Favour

UCL says the NZF draft agreed in principle in April last year remains the core basis for ongoing negotiations.

4 May 2026

MEPC 84: IMO Sets September and November Talks to Break NZF Deadlock

After a week of discussions in London, IMO members pushed negotiations on the framework into a decisive pre-December phase.

4 May 2026

Tanker Struck by Projectiles Off Fujairah

The incident happened about 78 nautical miles north of Fujairah at 19:40 UTC on Sunday.

4 May 2026

MEPC 84: IMO Adopts Northeast Atlantic ECA

The proposal was provisionally approved at MEPC 83 a year ago, and after adoption on Friday is now scheduled to come into effect in September 2028.

1 May 2026

Uni-Fuels Revenue Jumps 70% as Volumes More Than Double in 2025

The Singapore-based firm saw bunker trading volumes increase to 535,000 mt in 2025.

1 May 2026

MEPC 84: US Maritime Body Says NZF Faces Pushback from 'Silent Majority'

The US delegation held meetings with more than 20 countries this week to discuss alternative proposals.

1 May 2026

BIMCO Adopts Time Charter Party for Liquefied CO2 Maritime Transport

New CO2TIME 2026 contract provides a standard framework for the emerging CO2 shipping sector.

1 May 2026

ANALYSIS: Bunker Price Impact of Second Month of Middle East Conflict

April's bunker prices show a market starting to adjust to the Middle East conflict and develop a calmer outlook.

1 May 2026

Another Exmar Ammonia-Fuelled Ship Enters Construction Phase

Exmar had unveiled its ammonia-fuelled gas carrier last month - the world's first.

1 May 2026

Month-End Oil Trading Wild As Analysts Foresee No Near-Term Hormuz Reopening

A new report suggests increased output, exports still can't compensate for Hormuz losses.

30 Apr 2026

GLO Marine Appoints New CEO

The company has appointed Thomas Wittlin as its new CEO.

30 Apr 2026

Bound4blue Completes Second Wind Propulsion Installation for Maersk Tankers

Four suction sails were installed on the tanker Maersk Tahiti in China.

30 Apr 2026

Cruise Firm Carnival Deploys Shiptech Digital Platform for Bunker Procurement

The move aims to streamline fuel purchasing, improve data visibility and strengthen cost control across its global cruise fleet.

30 Apr 2026

Weekly Vessel Scrapping Report 2026: Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 23 – April 29, 2026.

30 Apr 2026

MEPC 84: IMO NZF Backing Fades as Support Builds for Liberia GFI Proposal

Sources at MEPC 84 indicate several member states are still backing the original NZF including the EU, Norway, and Pacific Island States.

30 Apr 2026

Berg Propulsion Secures Contract for Hybrid Chemical Tanker Newbuild

The firm will supply a full electric propulsion package for an 8,000 DWT tanker under construction in Turkey.

29 Apr 2026

Monjasa: Volumes Hold at Record High, Profits Slip as Industry Margins Weaken in 2025

The Americas took up 36% of the company's 2025 volumes, the Middle East and Africa 32% and Asia 22%.

29 Apr 2026