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Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Mar 2, 2026 ... market is initially in for price rises of around 10% after the weekend's outbreak of war in Iran. Indications received by Ship & Bunker on Monday morning generally showed price rises in ...
Peninsula-Chartered Tanker Sustains 'Minor Damage' in Iranian Attack
Mar 2, 2026 ... tanker chartered by global bunkering firm Peninsula from sister company Hercules Tanker Management sustained minor damage in an attack on Sunday. The 7,998 DWT tanker Hercules Star was hit ...
QatarEnergy Halts LNG Production After Attacks
Mar 2, 2026 ... responsible for about 20% of the world's LNG output - has halted LNG production in response to an Iranian attack on its facilities. The company has ceased production of LNG and associated ...
Crew Member Killed in Strike on Tanker Off Oman
Mar 2, 2026 ... Indian nationality crew member was killed after a projectile struck a tanker off the coast of Muscat on Sunday. The attack on the Marshall Islands-flagged vessel, MKD VYOM, resulted in fire ...
Mureloil Launces Hybrid Bunker Tanker for Repsol Charter
Mar 2, 2026 ... shipowner Mureloil has launched a diesel-hybrid bunker tanker capable of supplying methanol, ethanol and biofuels to ships for charter to energy firm Repsol. The vessel, named ...
New Ship Attack Reported in Bahrain
Mar 2, 2026 ... at the Port of Bahrain at 2:57 AM UTC on Monday, the UK Maritime Trade Operations agency said in an advisory note on its website. "The Company Security Officer reported that the vessel ...
Eight OPEC+ Members Announce April Output Increase
Mar 2, 2026 ... OPEC+ members have agreed to implement an oil production increase in April as regional tensions escalate. Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman have ...
MPA Adds Hunter Marine to Singapore Licensed Bunker Surveyor List
Mar 2, 2026 ... Marine Surveyors has been added to the Maritime and Port Authority of Singapore’s (MPA) list of licensed bunker surveying companies in the Port of Singapore. A total of 38 ...
Saudi Arabia's Ras Tanura Refinery Shut Down After Drone Attack: Report
Mar 2, 2026 ... producer Saudi Aramco has reportedly shut down the Ras Tanura refinery - the largest refinery in the region - following a drone attack. The 550,000 b/d refinery has been shut down as a ...
Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
Mar 2, 2026 ... reporting agency Platts, a part of S&P Global Energy, has suspended publishing bids and offers for refined products shipments that would need to transit the Strait of Hormuz, in a ...