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Oil Rally Capped As Trump Vows Safe Passage Of Hormuz Tankers
Mar 3, 2026 ... U.S. military will escort oil tankers through the Strait of Hormuz and provide insurance dented a two-day rally of oil prices on Tuesday that had been driven by disruption fears – ...
70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
Mar 3, 2026 ... firm Spotbarge, which analyses bunkering activity based on AIS data and other sources, has observed Fujairah's market dropping to a near-standstill since Saturday, Sebastiaan Kosman, ...
Middle East Conflict: Impact So Far for Shipping & Bunkering
Mar 3, 2026 ... from Iran, with attacks launched at US bases across the region, including as far away as Cyprus.  The targeting of these attacks appears to have evolved to include commercial ships and ...
Drone Crash Incident Reported at Salalah Port
Mar 3, 2026 ... attack was reported at the Port of Duqm in Oman, where a bunker terminal was reportedly attacked.  Iran has intensified strikes on oil and strategic infrastructure in neighbouring Gulf ...
Performance Shipping Orders Two Scrubber-Fitted Tankers from China
Mar 3, 2026 ... Waigaoqiao Shipbuilding for the construction of two vessels, it said in a statement on its website on Monday. Each vessel is priced at $81.5 million, with deliveries scheduled for October ...
New Drone Attack Reported on Bunkering Terminal at Port of Duqm
Mar 3, 2026 ... UK's Royal Navy. A separate attack was reported at the port on Sunday, in which one drone targeted a residential building at the port and injured a foreign worker, while wreckage from ...
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 ... developed for the Alfred Wegener Institute, the company said in an email statement on Tuesday.  Weighing 131 tonnes, the system is scheduled for delivery in 2028. The vessel is ...
Iran Claims Strait of Hormuz is Closed, Warns Ships Will Be Targeted: Report
Mar 3, 2026 ... most critical energy chokepoints. Oil flows through the strait averaged around 20 million b/d in 2024, roughly 20% of global petroleum liquids consumption, according to the US Energy ...
INTERVIEW: SanctionCheck Launches Sanctions Compliance Platform for the Bunker Industry
Mar 3, 2026 ... managers relying on manual checks to avoid potential sanctions breaches Learn more at: SanctionCheck.ai A new company has been launched seeking to help the bunker industry with ...
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CMA CGM Takes Delivery of Methanol-Fuelled Boxship in South Korea

CMA CGM Takes Delivery of Methanol-Fuelled Boxship in South Korea

The vessel will operate on the route between Asia and the East Coast of South America.

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EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Energy Commissioner Dan Jorgensen says the bloc's oil import bill has risen by €14 billion since the start of the conflict.

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Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

The vessel was officially handed over at its Fukuyama yard this week.

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