All News

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

FEATURE: Fujairah Bunker Market in Limbo as Traders Seek Strait of Hormuz Clarity

Fujairah's market - reliant on ships crossing the Strait of Hormuz for its demand - is largely on hold until clarity emerges, local sources tell Ship & Bunker.

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

Peninsula-Chartered Tanker Sustains 'Minor Damage' in Iranian Attack

The vessel has now safely returned to anchorage in Dubai, a company spokesman tells Ship & Bunker.

2 Mar 2026

QatarEnergy Halts LNG Production After Attacks

The decision follows Iranian attacks on the firm's facilities.

2 Mar 2026

Crew Member Killed in Strike on Tanker Off Oman

A projectile hit triggered a fire in the vessel's engine room, forcing the crew to abandon ship.

2 Mar 2026

Mureloil Launces Hybrid Bunker Tanker for Repsol Charter

The vessel can carry out bunkering operations in 100% electric mode.

2 Mar 2026

New Ship Attack Reported in Bahrain

The ship came under attack at the Port of Bahrain at 2:57 AM UTC on Monday.

2 Mar 2026

Eight OPEC+ Members Announce April Output Increase

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

2 Mar 2026

MPA Adds Hunter Marine to Singapore Licensed Bunker Surveyor List

38 licensed bunker surveying companies currently operate in Singapore.

2 Mar 2026

Saudi Arabia's Ras Tanura Refinery Shut Down After Drone Attack: Report

A fire was reported at the plant earlier in the day.

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

Most Middle East Ports Operating Normally Despite Isolated Incidents

Escalating regional tensions and vessels steering clear of Gulf waters could begin to weigh on bunker demand.

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

World Shipping Council Warns of Wider Trade Impact from Middle East Crisis

MSC says diverting vessels from the region would extend transit times and disrupt established liner schedules.

2 Mar 2026

Maritime Insurer Gard Cancels War Risk Cover for Iran and Gulf Waters

The cancellation takes effect from 00:00 GMT on March 5, following the required 72 hours' notice.

2 Mar 2026

UAE's Jebel Ali Port Operations Resume After Temporary Halt: Report

Jebel Ali has resumed terminal activity after a precautionary suspension linked to a fire caused by debris from an aerial interception.

2 Mar 2026

Shipping Firm MSC Cancels All Middle East Cargo Bookings

The container line has directed ships in and heading towards the Gulf to move to designated safe shelter areas.

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