A chaotic April ended with the Strait of Hormuz effectively closed for a second consecutive month, cascading oil shortages across Asia and a U.S. blockade choking off Iranian tankers and oil exports. Iran’s oil exports collapsed 43% over two months, according to data...

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Nine ships crossed the Strait of Hormuz on May 3, down from 13 on May 2 and 21 on May 1, S&P Global Commodities at Sea(opens in a new tab) said in a May 4 report. The May 3 traffic comprised three cargo ships, two bulk carriers, two landing craft, one bitumen...

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Inspections conducted on over 36,000 ships during 2025, and recommendations made to improve emergency power supply tests 5th May 2026 – IACS, the membership organisation for the world’s leading classification societies, has published the results of its Concentrated...

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Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The...

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Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors (the “Board of Directors”) has declared a quarterly cash dividend on its common shares of $0.45 per share and authorized the...

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