World News

World Kinect Reverts to Using World Fuel Brand Name

From now on World Kinect will only be used as the company's legal name.

24 Apr 2026

World Kinect Q1 Marine Profits Rise on Higher Bunker Prices

The firm sold 3.87 million mt of bunker fuel in Q1, up by 4% on the year, but down by 5.8% on the quarter.

24 Apr 2026

Countries That Backed NZF Delay Re-Engage in IMO Working Group Talks

This week's working group saw countries that had abstained or supported NZF adoption delays re-engaging in NZF talks.

24 Apr 2026

Titan's First FuelEU Maritime Pool Gets DNV Greenlight

Titan says one of its LNG bunkering vessels used bio-LNG for 73% of its bunker consumption.

24 Apr 2026

ClassNK Grants Approval for Mitsubishi Methane Slip Reduction System

The approval backs catalyst technology aiming to curb methane emissions from LNG-fuelled ships.

24 Apr 2026

Oil Surges As Iran Flaunts Control Of Hormuz And Ceasefire Crumbles

Meanwhile, resource-poor Japan implores the Saudis for more oil.

23 Apr 2026

IBIA Backs IMO as Global Regulator of GHG Emissions for Shipping

IBIA holds consultative status at the IMO, giving it the right to participate in discussions and put across the bunker industry's position.

23 Apr 2026

US Forces Board Guyana-Flagged VLCC in Indian Ocean

US forces interdicted the 281,500 DWT VLCC Majestic X on Wednesday night.

23 Apr 2026

Retrofit Market in 'Doldrums' as Owners Await IMO Clarity: Everllence

Engine maker says shipowners are delaying investment decisions, putting pressure on the pathway to meet 2050 emissions targets.

23 Apr 2026

Cargo Ship Fired on by Small Craft Off Somalia: UKMTO

The incident happened about 83 nautical miles south-east of Eyl at 7:20 AM UTC on Thursday.

23 Apr 2026

LOTTE Fine Chemical Conducts First Commercial Ammonia Bunkering

Ammonia has been supplied as marine fuel in trials, but this marks its first commercial supply.

23 Apr 2026

Weekly Vessel Scrapping Report 2026: Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 16 – April 22, 2026.

23 Apr 2026

NSU to Charter Two Methanol Dual-Fuel Bulkers to Rio Tinto

The methanol-capable vessels are scheduled for delivery from 2028 onwards.

23 Apr 2026

ANALYSIS: Rotterdam's Q1 Loss Is Antwerp's Gain as RED III Shifts Bunker Demand

RED III implementation in the Netherlands appears to have promoted Antwerp to being the world's second-largest bunkering port in Q1.

23 Apr 2026

African Countries Push for Fair Representation in IMO Net-Zero Fund

DRC, Ghana and Togo say governance must reflect developing states to ensure transparency and equitable climate funding.

23 Apr 2026

India Approves $1.38 Billion Maritime Insurance Pool Amid Middle East Conflict

The domestic maritime insurance pool aims to cut reliance on foreign underwriters.

23 Apr 2026

ClassNK Approves Ammonia-Fuelled Bulker with New Large Tank Design

The Type B tanks offers an alternative for ammonia-fuelled ships needing more fuel capacity.

23 Apr 2026

Oil Rises On Iran Attacking Ships In The Hormuz, As Trump Doubles Down On Blockade

Meanwhile, suspected insider trading is netting huge profits off the back of the hostilities.

22 Apr 2026

Wartsila to Supply Fuel Gas Systems for Ammonia-Fuelled Vessels

The systems will be installed on ammonia-fuelled ships being built for Navigator Gas and Amon Maritime.

22 Apr 2026

NYK Launches Lubricating Oil Analysis Service for Ammonia-Fuelled Engines

The new service aims to spot engine issues early as ammonia use as a marine fuel grows.

22 Apr 2026