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Hormuz Transits Down 95% as Middle East Conflict Disrupts Shipping
Mar 17, 2026 ... compared to around 125 before the conflict, Steve Gordon, Global Head of Clarksons Research, said in an email update on Monday. Tanker movements have been particularly affected, with only ...
K Line and Oceanicwing Kite Wind Propulsion System Performance Validated by ClassNK
Mar 17, 2026 ... classification society ClassNK has validated the performance of a kite-based wind propulsion system developed by Kawasaki Kisen Kaisha (K Line) and its French subsidiary ...
UKMTO Reports Overnight Tanker Attack Off Fujairah
Mar 17, 2026 ... according to a British government agency monitoring maritime security in the region. The incident was reported at 23 nautical miles east of Fujairah at 23:01 UTC on Monday, the UK Maritime ...
Hearing What Matters: The Case for a 10 Bunker Trader Limit
Mar 17, 2026 ... “everything” truly a virtue? Or does it resemble the fate of the Anatolian King Midas, whose wish that everything he touched turn to gold was granted — only for him to ...
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 ... IMO has started work on safety guidelines for ships using battery energy storage systems as part of efforts to support new technologies aimed at cutting GHG emissions. During the 12th ...
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 ... share purchase agreement The transaction will be carried out through Stolt-Nielsen’s subsidiary, Stolt-Nielsen Gas Ltd, NYK said in a statement on its website on Monday. Last year, ...
Oil Loading Suspended at Fujairah After New Drone Attack
Mar 16, 2026 ... caused a fire at the port on Monday morning, the Government of Fujairah's media office said on Monday. Civil defence teams were immediately mobilised to bring the fire under control, ...
Sulnox Claims Additive Improves HVO Lubricity and B100 Biofuel Stability in Tests
Mar 16, 2026 ... fossil fuels, FAME biofuel blends, FAME (B100) and hydrotreated vegetable oil (HVO), it said in an email statement on Monday. Results showed lubricity in HVO biofuels improved by about ...