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Two crude tankers collided off the coast of Khor Fakkan early Tuesday, with reports indicating a fire broke out following the incident. |
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Jasen Butler, owner of Independent Marine Oil Services, is accused of defrauding the US military of over $5 million through fake documents. |
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HRH Prince Abdulaziz Al Saud bin Turki has launched a new marine fuel trading firm, Eleven Energy, with offices in Saudi Arabia and Rotterdam, a company representative tells Ship & Bunker |
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Tankers linked to the Russian shadow fleet, along with Rosneft Marine UK, have been added to the UK sanctions list. |
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If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future. |
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PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon. |
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Maersk has paused port calls at Israel's Haifa port, citing safety concerns amid rising Israel-Iran tensions. |
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This is the first time the country has imposed sanctions targeting the shadow fleet. |
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JMIC says vessel traffic through the Strait of Hormuz remains steady, dismissing media speculation of a possible blockade amid rising regional tensions. |
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Bunker volumes at Fujairah declined by 8.2% in May, marking the lowest level since February 2025. |
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