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Island Oil Opens Rio Desk with Brazil Hire
Jan 27, 2026 ... Development Manager, Brazil, marking the launch of the company’s new trading desk in Rio de Janeiro. The move expands Island Oil’s footprint in Latin America and is aimed at strengthening ...
Oil Leaps by 3% As Analysts Are Suddenly Gripped By Supply Tightness Fears
Jan 27, 2026 ... Bloomberg showed that Russia shipped an average of 3.18 million bpd of crude in the four weeks to January 25, little changed from the prior week but down by about 680,000 bpd from the pre-Christmas ...
Galveston LNG Bunker Port, TOTE Services Partner on Jones Act LNG Bunker Vessel Fleet
Jan 27, 2026 ... signed a strategic Heads of Agreement (HOA) with TOTE Services to develop and operate a fleet of Jones Act-compliant LNG bunker vessels to serve the U.S. Gulf Coast. The partnership is aimed at ...
Auramarine and Royal Blue to Support Shipowners' Transition to Alternative Fuels
Jan 27, 2026 ... said in a press release on Tuesday. The partnership will focus on both newbuild and retrofit projects, combining Auramarine’s fuel system expertise with Royal Blue’s local network and marine ...
Vopak Links Tianjin Green Methanol Supply to Singapore Bunkering
Jan 27, 2026 ... with Global Energy Trading. ISCC EU-certified green methanol is loaded at Vopak’s Tianjin terminal in China and received at the Vopak Penjuru terminal in Singapore, where it is stored ...
Anemoi Installs Rotor Sails on Second Berge Bulk Vessel
Jan 27, 2026 ... vessel has since completed its first voyage to Singapore. This marks the second rotor sail project undertaken for Berge Bulk by Anemoi, following the delivery of identical sails on the Valemax ...
Wartsila to Supply Ammonia Engine for Skarv Newbuild in China
Jan 27, 2026 ... to see strong European companies like Wartsila leading the push towards carbon-free propulsion,” Jan Øivind Svardal, CEO of Skarv Shipping Solutions, said. Wartsila said the engine can cut ...
IMO SG to Green Fuel Producers: Don't Give Up on Us
Jan 27, 2026 ... need to stay positive and address those obstacles that happen in normal daily life, and we don't just stop, or collapse or abandon. "The industry continues to drive into how we're going to be ...
US Sanctions Nine Vessels Over Iranian Oil Shipments
Jan 27, 2026 ... said the vessels are now treated as blocked property of their owners, freezing any assets under US jurisdiction and prohibiting US persons from dealing with them without ...
New Methanol Bunkering Vessel Launched in China
Jan 27, 2026 ... 8,500-dwt duplex stainless steel chemical tanker, Zhongran Green Energy 85, was launched on 23 January at the Taizhou Fangzhen Shipyard Wharf, the company said in a press release on ...
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VIEWPOINT: Even Today, the Cheapest Bunkers Can Fuel the Costliest Voyage

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Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

Eight OPEC+ Members to Raise May Output, Warn Damaged Capacity May Take Time to Return

The countries have agreed to increase production in May, but warned that restoring damaged capacity may take a long time.

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