World News

Everllence Ammonia Marine Engine Nears Commercial Debut After Key Test

Successful factory test marks a step forward for ammonia-fuelled shipping, with first vessels due later this year.

20 Apr 2026

Greek Shipowners Urge 'Realistic' Approach to IMO Net Zero Framework

The Union of Greek Shipowners says the current draft is "not an appropriate solution" ahead of the upcoming MEPC 84 meeting.

20 Apr 2026

Nippon Biofuel Selected for Japan-Backed Marine Biofuel Project

The project aims to achieve a marine biofuel supply capacity 400,000 mt/year by 2032.

20 Apr 2026

London P&I Club Sees War Risk Claims Beyond High-Risk Areas

Senior underwriter Ben McKeith says shipowners may be exposed as attacks linked to conflicts are now happening outside traditional high-risk areas

20 Apr 2026

BIMCO Sees Hormuz Uncertainty Despite President Trump's 'Fully Open' Claim

BIMCO's chief safety officer, Jakob Larsen, points to credible reports of unresolved mine risks in the Strait of Hormuz traffic lanes.

20 Apr 2026

US Navy Opens Fire on and Detains Vessel Seeking to Evade Hormuz Blockade

The USS Spruance opened fire on the container ship Touska's engine room on Sunday.

19 Apr 2026

Iranian Gunboats Open Fire on Tanker in Strait of Hormuz: UKMTO

The tanker came under attack about 20 nautical miles north-east of Oman at 9:20 AM UTC on Saturday.

18 Apr 2026

Oil Plunges 9% As Hormuz Opens But "Operational Ambiguity" Continues

Meanwhile, Goldman maintains its Brent and WTI 2026 forecasts.

17 Apr 2026

Crude Futures Sink as President Trump Claims Iran to Open Strait of Hormuz

ICE Brent crude futures traded at $89.33/bl on Friday afternoon, down from as much as $98.87/bl earlier in the day.

17 Apr 2026

Rotterdam Reports Lowest Quarterly Bunker Sales Since at Least 2009

RED III implementation and the launch of the MFM mandate at Rotterdam have contributed to the port's lowest quarterly sales total since at least 2009.

17 Apr 2026

Rolls-Royce Shifts to Using HVO for Engine Tests

All tests on mtu diesel engines at the company's facilities in Friedrichshafen, Augsburg and Ruhstorf are now using HVO rather than diesel.

17 Apr 2026

Wärtsilä Upgrades Power Rating for Ammonia-Fuelled Engine Design

The firm expects to start offering the engine with the new power ratings for deliveries from 2028 onwards.

17 Apr 2026

MARKET SURVEY: Q4 Gain Sends Annual 2025 Bunker Hub Demand 2% Higher

2025's total demand level at global hubs reached the highest level since 2019, according to the latest market survey from Ship & Bunker and 2050 Marine Energy.

17 Apr 2026

Oil Headed For Weekly Loss As Trump Claims Iran Willing To Negotiate Over Hormuz

Gulf leaders want the ceasefire to be extended to six months to ratify a peace deal.

16 Apr 2026

Weekly Vessel Scrapping Report 2026: Week 15

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 9 – April 15, 2026.

16 Apr 2026

Pacific Basin Switches Bulker Order From Alternative-Fuelled to Conventional Design

Delays in implementing global GHG regulation are causing uncertainty for shipowners seeking to invest in tonnage running on alternative fuels, the firm said.

16 Apr 2026

Tanker Comes Under Attack in Russian Waters: Report

A Liberian-flagged oil tanker was attacked off Krasnodar Krai on Thursday.

16 Apr 2026

Wah Kwong Sets up Dedicated Dry Bulk Shipping Unit

Wah Kwong Bulk will be a dedicated dry bulk owner-operator company, targeting a fleet of 50 to 60 vessels by 2030.

16 Apr 2026

US Proposes Ethanol-Bunker Friendly Change to IMO Biofuel Rules

The submission comes at a time when interest in ethanol as a marine fuel is genuine and growing.

16 Apr 2026

US Calls for Mandatory Phaseout of EU ETS in Formal IMO Submission

The submission also calls for any replacement framework to carry no economic element whatsoever.

16 Apr 2026