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US Again Extends Deadline for Lukoil Foreign Asset Sale to May 1
Apr 2, 2026 ... of contingent agreements to continue for an additional month, it said in an announcement on its website on Monday. It also permits related maintenance and wind-down activities to proceed over ...
Oil Plummets On Signs U.S./Iran War May Soon End, But Global Crunch Will Worsen: IEA
Apr 1, 2026 ... that the U.S./Iran war may end sooner than later, stoked on Wednesday by media reports and a statement from the White House that negotiations are taking place, caused oil to tumble, ...
MTF Issues Safety Guidance for Wind-Assisted Ships
Apr 1, 2026 ... including rotor sails, suction sails and wing sails, it said in an email statement on Tuesday.  It aims to help identify procedural gaps and strengthen SMS frameworks for both newbuild ...
Indian Shipping Ministry Details Alternative Fuel Bunkering Push at Ports
Apr 1, 2026 ... level 6 for biomethanol bunkering operations. India is also progressing green hydrogen hubs at Deendayal, Paradip and V.O. Chidambaranar ports, supporting future marine fuel supply ...
Hapag-Lloyd Sees $40-50 Million Weekly Cost Surge Amid Iran Conflict
Apr 1, 2026 ... a lag. Hapag-Lloyd continues to divert ships away from the Strait of Hormuz and the Red Sea.  He said the company had been moving closer to resuming Red Sea transits but has held back ...
Wah Kwong Takes Delivery of LNG-Ready LR2 Tanker
Apr 1, 2026 ... Hengli Shipyard in China and classed by Bureau Veritas, Wah Kwong said in a press release on its website on Tuesday. In addition to its LNG-ready capability, the tanker meets EEDI Phase III ...
IINO Lines Secures Mizuho Financing for Methanol-Fuelled VLCC
Apr 1, 2026 ... to assess vessels based on CO2 reduction performance, IINO Lines said in a statement on its website on Tuesday. Only ships meeting set thresholds qualify. KPIs linked to emissions ...
Market Disruption has Changed Bunker Trader Recruitment Needs
Apr 1, 2026 ... a result. For example, as a direct result of buyers pivoting to lift bunkers in alternative hubs, I currently have clients actively seeking experienced senior bunker traders across the Far ...
INTERVIEW: Adrian Tolson Takes Over as IBIA Chairman from Constantinos Capetanakis
Apr 1, 2026 ... Tolson (r) and Constantinos Capetanakis (l) at the IBIA Dinner in February 2026. Image Credit: IBIA Adrian Tolson takes over as IBIA chairman as of April ...
Oil Posts Biggest Monthly Gains Ever As Trump Continues To Baffle Pundits
Mar 31, 2026 ... to oil transport through the Strait of Hormuz, now controlled by Iran. Trump also told European allies, “You’ll have to start learning how to fight for yourself, the ...
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WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

Meanwhile, OPEC may release more oil to compensate for Hormuz closure.

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Kandla Conducts India's First Methanol Bunkering Demonstration

Kandla Conducts India's First Methanol Bunkering Demonstration

The demonstration showed the port's preparedness to supply methanol as marine fuel.

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Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead

Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead

President Trump signalled that US military actions against Iran may continue for the next 2-3 weeks.

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