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Iran Prepares to Deploy Mines in Strait of Hormuz: Report
Mar 10, 2026 ... at 5:22 PM. The May contract closed at $98.96/bl on Monday, having traded in a range of almost $40/bl throughout the day as markets struggled to react to conflicting interpretations of how ...
Oil Nosedives As Trump's Remarks Resonate About Early End To Iran War
Mar 10, 2026 ... of trading behaviour: “Clearly Trump’s comments about a short-lived war have calmed markets; while there was an overreaction to the upside yesterday, we think there is an ...
BUNKER JOBS: Oilmar Seeks Bunker Traders at Multiple Locations
Mar 6, 2026 ... marine fuel trading firm Oilmar DMCC is seeking to hire bunker traders in Singapore and Seoul, and a senior bunker trader in Dubai. The company is looking for bunker traders with 3-6 ...
SCA to Cut Vessel Sailing Frequency and Speed in Bid to Reduce Emissions
Mar 6, 2026 ... will allow vessels that previously only called at Umea to also call at Pitea’s Haraholmen port, loading products from SCA’s Munksund mill and delivering recycled fibre and other ...
EUA Price Drop Offsets Surging Bunker Prices for Intra-EU Shipping
Mar 5, 2026 ... the global shipping industry is coming to terms with bunker prices almost 50% higher than at the start of the year - and with further rises likely - those in Europe taking in the full cost ...
Japanese Firms Add Actual Sea Performance Guarantee to Tanker Newbuild Contract
Mar 5, 2026 ... on its website on Thursday. Shipbuilding contracts typically guarantee vessel speed based on calm sea performance, which is measured under ideal weather and sea conditions. However, these ...
Be8 Concludes B100 Marine Biofuel Trial in Brazil
Mar 4, 2026 ... collaboration with Navegação Aliança and involved the vessel NM João Malmann, the company said in a LinkedIn post on Tuesday. The vessel used the biofuel while ...
Middle East Conflict: Impact So Far for Shipping & Bunkering
Mar 3, 2026 ... companies including Maersk and CMA CGM to halt Suez transits until the situation becomes calmer. This necessitates longer voyages around Africa, and is likely to deliver a global boost to ...
QatarEnergy Halts LNG Production After Attacks
Mar 2, 2026 ... any scale there is a significant market event. The Platts JKM Asian LNG benchmark jumped by almost 41% to $15.07/MMBtu on ...
Bunker Buyers Brace for Highest Prices in Years as Analysts Expect Oil to Hit $100/bbl Following Iran Strikes
Mar 2, 2026 ... 206,000 barrels per day for April, a move analysts were united in believing will do little to calm markets. "We expect prices to open (after the weekend) much closer to $100 a barrel and ...