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Oil Up 5% As Traders Take The Latest Hormuz Drama In Stride
Oil Up 5% As Traders Take The Latest Hormuz Drama In Stride
But Gunvor warns of extreme volatility in the months ahead.
20 Apr 2026
Peninsula Reaches 30-Year Anniversary
Peninsula Reaches 30-Year Anniversary
The firm marked its 30th anniversary on Monday, having been launched in 1996.
20 Apr 2026
MOL Installs Wind Propulsion System on Coal Carrier
MOL Installs Wind Propulsion System on Coal Carrier
MOL plans to deploy 25 wind-assisted ships by 2030 and increase that number to 80 by 2035.
20 Apr 2026
LR Partners with PNU on First Liquid Hydrogen Shipping Certification Framework
LR Partners with PNU on First Liquid Hydrogen Shipping Certification Framework
The partnership aims to create a globally recognised system to assess the safety and performance of liquid hydrogen carriers.
20 Apr 2026
Trio to Explore Ammonia Supply as Marine Fuel in Singapore
Trio to Explore Ammonia Supply as Marine Fuel in Singapore
NYK, Golden Island and Yara Clean Ammonia have signed a pact to assess marketing and supply of ammonia in Singapore.
20 Apr 2026
Global VLSFO Off-Spec Rate Drops to Lowest Since at Least 2020: Verifuel
Global VLSFO Off-Spec Rate Drops to Lowest Since at Least 2020: Verifuel
Just 1.1% of VLSFO samples seen by Verifuel in the first quarter were noted to be off-specification, the lowest rate since at least 2020.
20 Apr 2026
Shipping Groups Urge Members to Agree Way Forward on IMO Net Zero Framework
Shipping Groups Urge Members to Agree Way Forward on IMO Net Zero Framework
Industry bodies push for progress at MEPC 84, warning against overlapping regional regulations.
20 Apr 2026
Everllence Ammonia Marine Engine Nears Commercial Debut After Key Test
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
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
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
MSC Boxship Takes on LNG Bunkers at Mawan Port in Shenzhen
MSC Boxship Takes on LNG Bunkers at Mawan Port in Shenzhen
The world's largest bunkering vessel, Hai Yang Shi You 301, delivered a total of 4,969 m3 of LNG to the ship.
20 Apr 2026
London P&I Club Sees War Risk Claims Beyond High-Risk Areas
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
Hyke Electric Ferry Pilot Shows Strong Efficiency Gains in Norway
Hyke Electric Ferry Pilot Shows Strong Efficiency Gains in Norway
The company says its urban electric ferry used up to 88% less energy than diesel vessels in real-world public transport service.
20 Apr 2026
BIMCO Sees Hormuz Uncertainty Despite President Trump's 'Fully Open' Claim
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
Orion Bunkers Completes Record LSMGO Delivery at Karachi
Orion Bunkers Completes Record LSMGO Delivery at Karachi
"This delivery is a landmark moment for Orion and for Pakistan's bunkering industry,"Orion Bunkers Director, Zishan Arshad, tells Ship & Bunker.
20 Apr 2026
US Navy Opens Fire on and Detains Vessel Seeking to Evade Hormuz Blockade
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
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
ICS Welcomes Hormuz Reopening Announcement But Urges Caution
ICS Welcomes Hormuz Reopening Announcement But Urges Caution
"While this announcement is a positive step there is still much uncertainty around what it means in practice," says ICS Secretary General Thomas A. Kazakos.
17 Apr 2026
Oil Plunges 9% As Hormuz Opens But "Operational Ambiguity" Continues
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
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