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ClassNK Approves Carbon Capture Bulk Carrier and Ammonia Carrier Concepts
Mar 4, 2026 ... classification society ClassNK has issued approvals in principle (AiPs) for concept designs of a bulk carrier with onboard carbon capture and an ammonia carrier developed by Oshima ...
Be8 Concludes B100 Marine Biofuel Trial in Brazil
Mar 4, 2026 ... marine diesel. During the test, the vessel carried out more than 50 hours of continuous navigation, operating across Porto Alegre, Rio Grande, Pelotas and Guaíba. “The test ...
Middle East Conflict Leaves About 140 Container Ships Stranded in the Gulf
Mar 4, 2026 ... over the weekend, security concerns have made the Strait of Hormuz and Bab-el-Mandeb unsafe for navigation, prompting liner operators to halt vessel movements, according to sector specialist ...
Hong Kong Sees First Ship-to-Ship LNG Bunkering of VLCC
Mar 4, 2026 ... for a vessel of this scale requires meticulous planning, precise execution and meeting the highest safety standards," the company said.  LNG is often seen as the most mature ...
MSC to Discharge Gulf-Bound Cargo at Alternative Ports Amid Middle East Tensions
Mar 4, 2026 ... cargo bookings to the Middle East and ordered its vessels in the Gulf region to move to designated safe shelter areas. Several major container shipping firms Hapag-Lloyd, Maersk and CMA CGM ...
Oil Rally Capped As Trump Vows Safe Passage Of Hormuz Tankers
Mar 3, 2026 ... $3.33, or 4.7 percent, at $74.56. Trump also acknowledged that oil prices are “a little high” but “those prices are going to drop” when the conflict ends. China on ...
LNG Price Spike Not Yet Sufficient to Drive Switch to Conventional Bunkers
Mar 3, 2026 ... LNG prices have jumped significantly relative to oil since the outbreak of conflict in the Middle East over the weekend, the price spike thus far appears not to be large enough to encourage ...
Middle East Conflict: Impact So Far for Shipping & Bunkering
Mar 3, 2026 ... strikes on Iran on Saturday morning, killing Ayatollah Ali Khamenei and several other government figures. This prompted a wide-ranging response from Iran, with attacks launched at US bases ...
Drone Crash Incident Reported at Salalah Port
Mar 3, 2026 ... attacked.  Iran has intensified strikes on oil and strategic infrastructure in neighbouring Gulf countries following recent US and Israeli attacks. In response, Tehran has ...
Performance Shipping Orders Two Scrubber-Fitted Tankers from China
Mar 3, 2026 ... has ordered two scrubber-fitted 158,000 dwt Suezmax tanker vessels from China. The firm has signed two shipbuilding contracts with China Shipbuilding Trading and Shanghai Waigaoqiao ...
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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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QatarEnergy Confirms Its Vessel Was Attacked Off Qatar

QatarEnergy Confirms Its Vessel Was Attacked Off Qatar

The firm confirmed its chartered tanker, Aqua 1, was hit by an Iranian attack yesterday.

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K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

The company has already started using the fuel to power its LNG dual-fuel car carriers.

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