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ABS Partners with HD Hyundai Firms to Develop Nuclear Electric Propulsion for Boxships
Mar 10, 2026 ... society ABS has signed a joint development project with HD Hyundai companies to study the conceptual design of a nuclear-powered electric propulsion system for container ...
US Unveils Maritime Reinsurance Plan to Support Shipping in the Gulf
Mar 10, 2026 ... stabilise international commerce during the ongoing conflict with Iran. The reinsurance facility will cover losses of up to about $20 billion on a rolling basis and will apply only to vessels ...
Korean Firms Develop Exhaust Treatment System for Ammonia-Fuelled Engines
Mar 10, 2026 ... This helps improve the removal of pollutants from ammonia engine exhaust. KR said the prototype was tested at its Green Ship Test & Certification Center to verify durability and ...
FEATURE: Asian Bunker Suppliers Urge Early Booking as Middle East Conflict Disrupts Flows
Mar 10, 2026 ... due to reduced oil flows into Asia's key bunker markets Severe oil price volatility sees premium for VLSFO in Singapore Monday anywhere between 30% and 100%.  Physical ...
Oil Spikes Near $120 As Khamenei's Hard Line Son Is Named Iran's New Leader
Mar 9, 2026 ... wild day of oil trading on Monday that at one point saw the commodity exceed $110 per barrel due to hard-liner Mojtaba Khamenei named Iran’s new supreme leader ended with prices plummeting ...
New Fujairah Attack Adds More Turmoil to Bunker Market
Mar 9, 2026 ... new attack reportedly targeting the Fujairah oil tanks area on Sunday has added more uncertainty to the bunker market as regional tensions continue to escalate. The authorities have ...
Osaka Gas Japanese LNG Bunkering Vessel Set for April Launch
Mar 9, 2026 ... gas utility firm Osaka Gas Co has named its new LNG bunkering vessel Seto Azure ahead of the launch of its ship-to-ship LNG bunkering service next month in Japan. The vessel is ...
Hong Kong Sees First Green Methanol Bunkering
Mar 9, 2026 ... vessel, DA Qing 268. “This milestone is a testament to Hong Kong’s capability for green methanol bunkering, supported by a complete value chain covering production, storage, ...
Singapore Conducts Emergency Drill Ahead of Methanol-Fuelled Cruise Debut
Mar 9, 2026 ... Maritime and Port Authority of Singapore (MPA) has conducted a multi-agency emergency drill ahead of the maiden sailing of the Disney Adventure, the cruise industry’s first ...
Oil Shatters Weekly Record As 35% Surge Comes Amid Widening Iran/U.S. War
Mar 6, 2026 ... have to call force majeure; if they don’t, they are at some point going to pay the liability for that legally, and that’s their choice.” Natasha Kaneva, head of global ...
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Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

The countries have agreed to increase production in May, but warned that restoring damaged capacity may take a long time.

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Greece's Venergy Orders Two Tankers at Waigaoqiao Shipbuilding

Greece's Venergy Orders Two Tankers at Waigaoqiao Shipbuilding

The two 158,000 DWT ships are expected to be delivered in 2029 and 2030.

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James Fisher Takes Delivery of LNG Dual-Fuel Tanker

James Fisher Takes Delivery of LNG Dual-Fuel Tanker

The vessel is equipped with a dual-fuel engine from Wartsila.

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