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Oil Rally Capped As Trump Vows Safe Passage Of Hormuz Tankers
Mar 3, 2026 ... fears – however, escalating combat between the U.S. and Iran and other Middle Eastern countries guaranteed continued market volatility. In early morning trading, Brent jumped 7.9 ...
LNG Price Spike Not Yet Sufficient to Drive Switch to Conventional Bunkers
Mar 3, 2026 ... gasoil energy equivalent terms, up from $699/mt or $589/mtVLSFOe a week earlier. By Tuesday morning the price was around $892/mt, a second LNG bunkering source said, or $752/mtMGOe in gasoil ...
70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
Mar 3, 2026 ... said. A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, while the normal daily total is about 45 ...
Middle East Conflict: Impact So Far for Shipping & Bunkering
Mar 3, 2026 ... from strikes on Iran. The US and Israel launched a series of strikes on Iran on Saturday morning, killing Ayatollah Ali Khamenei and several other government figures. This prompted a ...
New Drone Attack Reported on Bunkering Terminal at Port of Duqm
Mar 3, 2026 ... at the Port of Duqm in Oman. The bunker terminal at the port came under attack on Tuesday morning, a local source told Ship & Bunker. "We don't have any more information ...
Fire at Fujairah Oil Industry Zone Brought Under Control
Mar 3, 2026 ... in the UAE's Fujairah say they responded to a fire that broke out this morning in the Fujairah Oil Industry Zone (FOIZ). The fire resulted from falling debris after air ...
AYK Energy to Supply Battery System for German Research Vessel
Mar 3, 2026 ... a contract to supply a 16 megawatt-hour (MWh) battery system for Germany’s new Polarstern polar research vessel. The agreement, signed directly with Wartsila, will see AYK deliver ...
LNG Again Leads Alternative-Fuelled Newbuild Orders in February: DNV
Mar 3, 2026 ... saw 17 new orders for alternative-fuelled vessels, with 14 of them specifying LNG propulsion, according to data from classification society DNV. All 14 LNG-fuelled orders were in the ...
Middle East Disruption Extends Bunker Sample Transit Times
Mar 3, 2026 ... to and from the region, according to Lloyd's Register testing service FOBAS. FOBAS warned that numerous flights into and out of several Middle East countries have been cancelled, ...
Bunker Holding Working on Alternative Supply Outside Gulf to Support Customers
Mar 3, 2026 ... Holding, the world’s largest marine fuels firm, is working on alternative bunker supply options outside the Arabian Gulf as escalating tensions in the Middle East begin to affect ...