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Oils Gains Almost 3% As Iran Warns U.S. To Stay Out Of Mid East Hostilities
Jun 19, 2025 ... or 2.7 percent, to $77.20. Also escalating tensions between Israel and Iran to the near-flashpoint was the latter's bombing of an Israeli hospital; Israeli prime minister Benjamin Netanyahu ...
Weekly Vessel Scrapping Report 2025: Week 24
Jun 19, 2025 ... a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is ...
Fratelli Cosulich and IINO Lines Join Forces on Alternative Marine Fuels
Jun 19, 2025 ... Energy and Japan's shipping firm IINO Lines have signed a memorandum of understanding (MoU) to jointly explore opportunities in alternative marine fuels, including methanol, LNG and ...
Ammonia Tops BIMCO Polls as Tanker Industry's Preferred Fuel of the Future
Jun 19, 2025 ... is emerging as the tanker industry’s top alternative fuel choice by 2040, according to live poll results from shipping industry body BIMCO’s 10th Tanker Safety Network meeting held ...
Strait of Hormuz Maritime Traffic Steady Despite Rising Regional Tensions
Jun 19, 2025 ... Joint Maritime Information Centre (JMIC) has confirmed that vessel movements through the Strait of Hormuz remain stable, dismissing media speculation over a possible blockade amid escalating ...
New York's Staten Island Ferry Begins Transition to Renewable Diesel
Jun 19, 2025 ... on Tuesday. The renewable diesel or biofuel, made from waste materials such as used cooking oil and tallow, replaces conventional marine diesel as part of the city’s broader goal to cut GHG ...
Fujairah May Bunker Volumes Fall to Three-Month Low
Jun 19, 2025 ... excluding lubricants, totalled 614,296 m3 in May, according to the latest data from the Fujairah Oil Industry Zone and S&P Global Commodity Insights. While the figure was almost unchanged from ...
Charterparty War Risk Clauses Face Real-World Test as Iran-Israel Tensions Escalate: Gard
Jun 19, 2025 ... Strait of Hormuz, a critical chokepoint for global oil trade, has come under renewed scrutiny following the recent military escalation between Iran and Israel. Insurance provider Gard says ...
Uncertainty Dominates Oil Trading As Trump Considers Military Action Against Iran
Jun 18, 2025 ... on Wednesday extended its gains, albeit minimally, as Iran rejected U.S. president Donald Trump's demand for unconditional surrender in its conflict with Israel, and Washington's next steps ...
RINA Acquires Finland's Marine Engineering firm Foreship
Jun 18, 2025 ... acquisition aligns with our strategic plan to become an increasingly essential reference point for our clients, supporting them with our broad-based knowledge, Carlo Luzzatto, CEO of RINA, ...
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Hapag-Lloyd 1H 2025 Bunker Consumption Gains 7.6% on Year

Hapag-Lloyd 1H 2025 Bunker Consumption Gains 7.6% on Year

The firm's fleet consumed 2.5 million mt of bunker fuels in 1H 2025.

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Weekly Vessel Scrapping Report 2025: Week 32

Weekly Vessel Scrapping Report 2025: Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 7 – August 13, 2025.

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Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

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    10Fire Reported on Maersk Boxship Off Liberia
    The fire broke out on the 18,340 TEU container ship Marie Maersk off the coast of Liberia on Wednesday.
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