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Navigating alternative fuels: new industry guidelines for methanol Safety Management Systems
As methanol gains ground as a marine fuel, the Maritime Technologies Forum (MTF) has published new guidelines to help companies...
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the...
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Bunker One executes Latin America’s first bioethanol bunkering of a deep-sea container vessel
Bunker One has completed Latin America’s first bioethanol bunkering operation for an ocean-going vessel, delivering 500,000 litres of anhydrous ethanol...
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Navigator Gas Announces Signing of Definitive Agreements to Sell Eight Gas Carriers and Its Shareholding in Unigas Joint Venture
Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of Handysize liquefied gas carriers, announces, following the...
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LNG Bunker Snapshot: Prices climb across the board amid renewed US-Iran tensions
Rotterdam Rotterdam’s LNG bunker price has surged by $78/mt, tracking gains in the front-month Dutch TTF natural gas contract. Over...
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Military escalation widens across Gulf as Iran targets US assets and shipping
The conflict in the Gulf region intensified on Tuesday as Iran launched attacks on US military facilities and commercial shipping,...
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Traffic via Strait of Hormuz falls to 11 ships July 12 after US-Iran attacks
Only 11 ships traversed the Strait of Hormuz on July 12, the lowest since June 14, after attacks hit the...
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H2 OUTLOOK: Shipping bottlenecks, uncertainty to impact Middle East chemical trade
Petrochemical supply flows from the Middle East over the second half of the year are contingent on shipping bottlenecks, many...
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Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a wholly-owned subsidiary,...
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The International Gas Union Calls for the Preservation of a Key Production Pathway for Renewable Maritime Fuels
To scale bio-LNG bunkering to its full potential, it is essential that any legislative or regulatory measures support principles, such...
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1H 2026 Shipping Market Trends & Highlights
The first half of 2026 was defined by the closure of the Strait of Hormuz following US-Israeli military operations against...
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Goldman upgrades oil prices forecast on higher structural security premium
Goldman Sachs revealed in a note Monday morning that it has raised its long-dated oil price assumption by $9 per...
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OPEC Expects Lower Oil Demand Growth in 2026
Crude Oil Price Movements In June, the OPEC Reference Basket (ORB) value dropped by $24.80/b, m-o-m, to average $89.75/b. The...
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Kongsberg Maritime to strengthen marine propulsion offering through acquisition of Berg Propulsion
Kongsberg Maritime ASA yesterday announced an agreement to acquire the Swedish company The company is a leading designer and manufacturer...
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Ukrainian strikes pivot to Russian fuel tankers
Ukraine has extended its targets to include fuel tankers as it continues to attack Russian oil refining and exporting assets....
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Korean shipbuilders eye W10tr profit on LNG boom
South Korea’s three largest shipbuilders are on track to post a combined annual operating profit of 10 trillion won ($6.6...
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Lloyd’s Register targets ageing feeder fleet with retrofit and renewal push
The ‘Powering the next generation of feeder vessels’ campaign combines classification, advisory and digital services to support newbuild planning, retrofit...
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US and Iran each assert they control the Strait of Hormuz after another heavy exchange of fire
The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching...
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IMO Council reaffirms commitment to protecting vital shipping lanes
IMO Council defends freedom of navigation, international law and safety of seafarers. The Council of the International Maritime Organization (IMO)...
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Tanker traffic through Strait of Hormuz drops to two-month low
The number of tankers moving through the Strait of Hormuz dropped on Monday to its lowest level in two months,...
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