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Russian LNG Carrier On Fire in Mediterranean: Report
Mar 3, 2026 ... Russian LNG carrier is reportedly on fire in the Mediterranean. The Russia-flagged 138,028 m3 LNG carrier Arctic Metagaz has a fire onboard and the status of its crew is currently ...
Oil Rally Capped As Trump Vows Safe Passage Of Hormuz Tankers
Mar 3, 2026 ... president Donald Trump promising the U.S. military will escort oil tankers through the Strait of Hormuz and provide insurance dented a two-day rally of oil prices on Tuesday that had ...
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 ...
70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
Mar 3, 2026 ... drop in bunkering activity since the outbreak of conflict in the Middle East over the weekend. Analytics firm Spotbarge, which analyses bunkering activity based on AIS data and other sources, ...
Middle East Conflict: Impact So Far for Shipping & Bunkering
Mar 3, 2026 ... shipping and bunker industries are in a state of profound uncertainty after three days of chaos resulting from strikes on Iran. The US and Israel launched a series of strikes on Iran on ...
Drone Crash Incident Reported at Salalah Port
Mar 3, 2026 ... drone has reportedly crashed in the vicinity of Salalah Port in Oman. Two drones were intercepted mid-air, while a third came down near the port on Tuesday, state-backed Oman News Agency ...
Performance Shipping Orders Two Scrubber-Fitted Tankers from China
Mar 3, 2026 ... Performance Shipping has ordered two scrubber-fitted 158,000 dwt Suezmax tanker vessels from China. The firm has signed two shipbuilding contracts with China Shipbuilding Trading ...
New Drone Attack Reported on Bunkering Terminal at Port of Duqm
Mar 3, 2026 ... new drone attack has been reported at the Port of Duqm in Oman. The bunker terminal at the port came under attack on Tuesday morning, a local source told Ship & Bunker. "We ...
Fire at Fujairah Oil Industry Zone Brought Under Control
Mar 3, 2026 ... confirmed that no injuries were reported. The fire was brought under control and normal operations in the area have resumed. The incident comes amid heightened regional ...
AYK Energy to Supply Battery System for German Research Vessel
Mar 3, 2026 ... maker AYK Energy has secured a contract to supply a 16 megawatt-hour (MWh) battery system for Germany’s new Polarstern polar research vessel. The agreement, signed directly with Wartsila, ...
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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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Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax

The vessel was officially handed over at its Fukuyama yard this week.

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CMA CGM Takes Delivery of Methanol-Fuelled Boxship in South Korea

CMA CGM Takes Delivery of Methanol-Fuelled Boxship in South Korea

The vessel will operate on the route between Asia and the East Coast of South America.

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