World News

Performance Shipping Orders Two Scrubber-Fitted Tankers from China

The shipbuilding contract is worth $81.5 million for each vessel.

3 Mar 2026

LNG Again Leads Alternative-Fuelled Newbuild Orders in February: DNV

Out of the 17 alternative-capable ships ordered in February, 14 of them were LNG-powered.

3 Mar 2026

Bunker Holding Working on Alternative Supply Outside Gulf to Support Customers

Group CEO Peder Møller says shipping activity through the Strait of Hormuz has fallen sharply.

3 Mar 2026

INTERVIEW: SanctionCheck Launches Sanctions Compliance Platform for the Bunker Industry

Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker.

3 Mar 2026

Bunker Prices in Primary Ports Jump 8% to 8-Month High on Middle East Conflict

Ship & Bunker's key G20-VLSFO index rose $44 Monday to $587.50/mt.

2 Mar 2026

Oil Leaps As Strait Of Hormuz Blockage Continues, Analysts Fear Long-Term Disruption

Oil facilities across Middle East close as Iran drops bombs throughout the region.

2 Mar 2026

10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE

Container ships reportedly account for about 100 of the 750 ships backed up around the Strait of Hormuz.

2 Mar 2026

Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes

Indications received by Ship & Bunker on Monday morning generally showed price rises in the $40-50s/mt for VLSFO.

2 Mar 2026

Eight OPEC+ Members Announce April Output Increase

The OPEC countries will increase production by 206,000 b/d.

2 Mar 2026

Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz

The firm has also suspended nominations of crude oil grades that require ships to transit the strait.

2 Mar 2026

IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia

The interim training guidelines draft will be submitted for MSC approval in May 2026.

2 Mar 2026

Hapag-Lloyd Adds War Risk Surcharge for Middle East Shipments

The charge has been set at $1,500/TEU for standard containers and $3,500/TEU for reefer containers and special equipment.

2 Mar 2026

Bunker Buyers Brace for Highest Prices in Years as Analysts Expect Oil to Hit $100/bbl Following Iran Strikes

Should such a jump occur, bunker buyers can expect to be paying around $750/mt for VLSFO in the primary ports.

2 Mar 2026

From Engine Room to Living Room: LEGO Maersk Dual-Fuel Methanol Boxship Highlights Growing Public Awareness of Shipping's Energy Transition

Greater public awareness has several implications for Shipping's energy transition.

2 Mar 2026

UKMTO Reports New Ship Attack Near Sharjah

The ship came under attack about 35 nautical miles west of Sharjah at 4:45 PM UTC on Sunday.

1 Mar 2026

IMO Secretary-General: Vessels Should Avoid Transiting Strait of Hormuz

The IMO's Arsenio Dominguez recommends shipping firms 'exercise maximum caution' when deciding whether to continue operating in the region.

1 Mar 2026

Oil Skyrockets By 9% After U.S. Bombs Iran, Top Islamist Leaders Killed

Next stop is $120 per barrel, analysts fear.

1 Mar 2026

Two More Ships Attacked in Strait of Hormuz: UKMTO

Two ships have been hit by unknown projectiles in the Strait of Hormuz, following the attack on the tanker Skylight earlier in the day.

1 Mar 2026

Maersk Halts All Strait of Hormuz and Suez Transits

The company is rerouting its ME11 and MECL services around Africa and suspending all vessel crossings in the Strait of Hormuz until further notice.

1 Mar 2026

Strait of Hormuz Closure 'Not Formally Communicated': UKMTO

Ships operating in the region are receiving communications claiming the strait has been closed, but no formal notification has been made.

1 Mar 2026