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Hafnia Orders Eight Fuel-Efficient Tankers for $405 Million
Apr 3, 2026 ... shipping company Hafnia has ordered eight medium-range (MR) tankers with fuel-efficient designs. The firm signed the shipbuilding contract with South Korean shipbuilder Hyundai Heavy ...
IMO Secretary-General: Fragmented Responses 'No Longer Sufficient' in Hormuz Crisis
Apr 3, 2026 ... 20,000 crew remain stranded in the Persian Gulf. The virtual meeting saw foreign ministers from over 40 countries. IMO is advancing a framework to enable safe evacuation ...
ClassNK Approves Autonomous Navigation System for Container Ship
Apr 3, 2026 ... classification society ClassNK has approved an autonomous navigation system installed on a container ship. The system was fitted on the container ship Genbu, developed under the ...
Kandla Conducts India's First Methanol Bunkering Demonstration
Apr 3, 2026 ... Kumar Singh, chairman of DPA, said in a LinkedIn post on Thursday.  "A Big Thank-you to M/s. Stolt Tankers, JM Baxi, Aegis VOPAK and Indian Oil Corp. Ltd., for their ...
UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz
Apr 3, 2026 ... has tabled a draft resolution reaffirming that the Strait must remain open to international navigation and cannot be closed or controlled by any single state, the UAE Mission to the UN said in a ...
Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening
Apr 3, 2026 ... handles around 20% of global energy flows. The meeting, convened by Yvette Cooper, the UK Foreign Secretary, brought together international partners and organisations, including the IMO, the UK ...
ANALYSIS: Bunker Price Impact of First Month of Middle East Conflict
Apr 3, 2026 ... waiting times for spot deliveries - and prices remain considerably below the record highs seen in 2022 after Russia's full invasion of Ukraine - but significant variations can be ...
WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon
Apr 2, 2026 ... that U.S. president Donald Trump was committed to ending the war with Iran soon, a Wednesday night address by Trump in which he reiterated the same vow compelled them to reverse sentiment and ...
K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers
Apr 2, 2026 ... shipping firm Kawasaki Kisen Kaisha (K Line) has signed an agreement to secure long-term supplies of bio-LNG from an unnamed supplier and has begun using the fuel in its LNG-fuelled car ...
Duo Partner on Inland Electric Vessel Charging in China
Apr 2, 2026 ... Kwong NatPower Holdings Limited and Huzhou Wuxing Ruituo Energy Co have signed an MOU to develop electric vessel charging infrastructure across inland waterways in Zhejiang, China. The ...