Latest News - page 17

 

Exxon to Send its First Fuel Shipment from US Gulf Coast to Australia

Mar 04, 2026

Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments…

Port of the Future 2026: A Look Back, a Path Forward

Mar 04, 2026

A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston…

TII SCHEUERLE Furthers Development of Self Propelled Modular Transporter

Mar 04, 2026

TII SCHEUERLE, a leading manufacturer and inventor of the Self Propelled Modular Transporter (SPMT), continues to strengthen the technological leadership of its flagship product. Building on previous technologies such as the telematics and fleet management system SCHEUERLE Connect…

Shipping Crisis in the Strait of Hormuz Deepens, Tankers Stranded for Fifth Day

Mar 04, 2026

The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralysed shipping through the Strait of Hormuz for a fifth day and choked off vital Middle East oil and gas flows.The U…

Torvald Klaveness 1946–1956: Celebrating 80 Years

Mar 04, 2026

In 2026, Torvald Klaveness marks 80 years in shipping. Over eight decades, the company has grown from a small post-war enterprise into an international group spanning physical shipping, freight trading and digital services. Much has evolved…

Strait of Hormuz Disruptions Impact Bulk Carriers

Mar 04, 2026

'The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk cargo volumes and tonne mile demand…

Fujairah Bunkering Hit by Fire, Demand Shifts to Other Hubs

Mar 04, 2026

Ship refuelling at Fujairah, a major bunkering hub in the United Arab Emirates, has slowed after a fire, market sources told Reuters, while demand at other refuelling hubs, including Singapore, is set to rise.Some bunker deliveries and loadings were on hold for now as suppliers…

MSC to Offload All Cargo Bound for Gulf

Mar 03, 2026

MSC, the world's largest carrier of ocean container cargo, said on Tuesday all cargo bound for ports in the Gulf will be offloaded at the nearest safe seaport due to ongoing hostilities in the Middle East following U.S. and Israeli attacks on Iran…

Saudi Arabia Tries to Divert Oil to Red Sea

Mar 03, 2026

Saudi Arabia's state oil company Aramco is attempting to reroute some of its crude exports to the Red Sea to avoid the Strait of Hormuz, where the risk of Iranian attacks has slowed shipping to a near halt, sources said on Tuesday.Saudi Arabia and other regional Gulf oil producers…

London Marine Insurance Market Widens Risk Zone in Middle East

Mar 03, 2026

London's marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in the Middle East escalates, according to an advisory issued on Tuesday.Guidance from the Joint War Committee, which comprises syndicate…

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Mar 03, 2026

Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an 'alarming' situation that has left dozens of ships stranded in the Strait of Hormuz and the wider area due to the widening Iran conflict…

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

Mar 03, 2026

DRIFT Energy, a leader in ocean-based renewable energy, has signed a collaboration agreement with Enapter to adapt the design of their Anion Exchange Membrane (AEM) electrolyzer technology for deployment at sea. The agreement was formalized during a visit by DRIFT’s CEO…

Ferguson Marine Secures Award to Build Four Vessels

Mar 03, 2026

The Scottish Government has announced its intention to award Ferguson Marine the contracts to build four vessels. This decision provides a guaranteed five-year pipeline of work.The package of vessels as part of the proposed award includes the…

Anschütz Delivers SYNAPSIS Integrated Navigation System for First Newbuild Tanker

Mar 03, 2026

Anschütz has successfully delivered and commissioned its SYNAPSIS Integrated Navigation System (INS) on the first newbuild tanker constructed for German Tanker Shipping GmbH & Co.KG at Xiamen Shipbuilding Industry Co., Ltd (XSI).TMS Seadevil…

Fujairah Bunker Prices Surge as Demand Shifts Elsewhere

Mar 03, 2026

Ship refuelling at Fujairah, a major bunkering center in the United Arab Emirates, has slowed after the U.S.-Iran conflict disrupted fuel shipments in the region, spurring a jump in prices and potentially shifting demand to other ports including Singapore…

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