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Oil Loses Steam As Trump Focuses on Clearing Strait Of Hormuz
Mar 16, 2026 ... trading on Monday lost considerable steam after Washington revealed that the U.S. is allowing Iranian oil tankers to pass through the Strait of Hormuz and will soon announce a coalition ...
IMO Begins Work on Safety Guidelines for Onboard Battery Energy Storage
Mar 16, 2026 ... guidelines for the safe use of battery energy storage systems onboard ships, DNV said on its website on Friday. The guidelines will be technology-neutral and aim to support the safe adoption ...
Malaysia's PSP Energy Subsidiary to Acquire Bunker Vessel
Mar 16, 2026 ... PSP Energy subsidiary PSP Marine (M) Sdn is set to acquire a bunker vessel for RM 5.5 million ($1.4 million). The vessel, Ryokyo Maru No. 2, is being purchased from ...
Stolt-Nielsen to Sell 50% Stake in Bunker Firm Avenir LNG to NYK Line
Mar 16, 2026 ... has agreed to sell a 50% stake in LNG bunker supplier Avenir LNG to Japanese firm NYK Line under a share purchase agreement The transaction will be carried out ...
Oil Loading Suspended at Fujairah After New Drone Attack
Mar 16, 2026 ... oil loading operations were suspended as a result. The port also saw damage on Saturday when wreckage from an intercepted drone hit the terminal. A local source told Ship & Bunker ...
Sulnox Claims Additive Improves HVO Lubricity and B100 Biofuel Stability in Tests
Mar 16, 2026 ... marine fuel standard while also demonstrating measurable benefits for emerging biofuels," Ben Richardson, CEO of Sulnox, ...
ANALYSIS: Singapore February Bunker Sales Up 12% Year-on-Year
Mar 16, 2026 ... highs after US and Israeli forces carried out strikes on Iran on February 28. Iran subsequently attacked US military bases in the Gulf and vessels in the Strait of Hormuz, disrupting ...
Sonan Bunkers' Panama Unit Appoints Trading Manager
Mar 16, 2026 ... Sonan Bunkers’ subsidiary in Panama has hired a trading manager. David Ortiz has joined as a trading manager at Sonan Energy Panama, Hernan Ortiz, managing director of Sonan ...
Ineratec Unveils Containerised E-Fuels Production Unit
Mar 16, 2026 ... with German company Rheinmetall and attended by policymakers and industry representatives, Ineratec said in a press release on March 10. The units use power-to-liquid technology to ...
South Korea Passes Bill to Accelerate Green Shipping Corridors
Mar 16, 2026 ... of global emissions, as per the bill approved on Thursday. The law requires the South Korean Minister of Oceans and Fisheries to develop a five-year master plan for green shipping corridor ...