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March Alternative-Fuelled Newbuild Orders Shrink to Five: DNV
Apr 1, 2026 ... manager for AFI and senior consultant at DNV, said in a LinkedIn post on Wednesday. The figure represents a sharp drop from 25 alternative-capable vessels ordered in the same month last ...
Tanker Attacked by Two Projectiles Off Qatar
Apr 1, 2026 ... other remains unexploded within the vessel's engine room and is being investigated by the relevant authorities. “UKMTO is unable to confirm the source of the ...
Hormuz Disruption an 'Urgent Issue' for Operations, Says MOL CEO
Apr 1, 2026 ... month, and addressing the resulting impact has become an urgent issue, he said. “Our highest priority is to ensure the safety of the crews aboard our vessels. "In close ...
Hapag-Lloyd Sees $40-50 Million Weekly Cost Surge Amid Iran Conflict
Apr 1, 2026 ... additional costs of $40 million to $50 million per week due to the Iran conflict, driven by higher bunker fuel prices, insurance premiums and container storage expenses. “Costs are ...
Wah Kwong Takes Delivery of LNG-Ready LR2 Tanker
Apr 1, 2026 ... addition to its LNG-ready capability, the tanker meets EEDI Phase III requirements and features digitalised systems under Bureau Veritas’ SMART notation, aimed at improving energy efficiency ...
IINO Lines Secures Mizuho Financing for Methanol-Fuelled VLCC
Apr 1, 2026 ... IINO Kaiun Kaisha (IINO Lines) has signed a loan agreement with Mizuho Bank under its Sustainable Shipping Impact Finance framework to finance a methanol-dual-fuel very large crude ...
Market Disruption has Changed Bunker Trader Recruitment Needs
Apr 1, 2026 ... risk assessment, and compliance increasingly valuable. The modern bunker trader must navigate not just physical deals, but sanctions, KYC, and volatile paper markets — all essential ...
INTERVIEW: Adrian Tolson Takes Over as IBIA Chairman from Constantinos Capetanakis
Apr 1, 2026 ... the International Bunker Industry Association (IBIA), leaving the association poised to take on a significantly expanded role within the maritime industry. Incoming Chair Adrian Tolson of 2050 ...
Oil Posts Biggest Monthly Gains Ever As Trump Continues To Baffle Pundits
Mar 31, 2026 ... on Tuesday was poised to log the biggest monthly gains ever due to supply shock caused by the U.S./Iran war, with Brent hovering at $118 per barrel (a 5.7 percent rise) and West Texas ...
China Confirms Three Ships Transited Strait of Hormuz
Mar 31, 2026 ... the passage safely with assistance from relevant parties, Mao Ning, spokesperson of the Foreign Ministry of China, said while addressing questions at a press conference on ...