March, 2026
Date Headline Image
Mon02Mar
Bunker Prices in Primary Ports Jump 8% to 8-Month High on Middle East Conflict
Ship & Bunker's key G20-VLSFO index rose $44 Monday to $587.50/mt.
 Bunker Prices in Primary Ports Jump 8% to 8-Month High on Middle East Conflict
Mon02Mar
Oil Leaps As Strait Of Hormuz Blockage Continues, Analysts Fear Long-Term Disruption
Oil facilities across Middle East close as Iran drops bombs throughout the region.
 Oil Leaps As Strait Of Hormuz Blockage Continues, Analysts Fear Long-Term Disruption
Mon02Mar
10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE
Container ships reportedly account for about 100 of the 750 ships backed up around the Strait of Hormuz.
 10% of Global Container Fleet Caught in Strait of Hormuz Blockage: ONE
Mon02Mar
Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Indications received by Ship & Bunker on Monday morning generally showed price rises in the $40-50s/mt for VLSFO.
 Early Indications Show VLSFO Price Rises of Around 10% at Key Hubs Following Iran Strikes
Mon02Mar
Eight OPEC+ Members Announce April Output Increase
The OPEC countries will increase production by 206,000 b/d.
 Eight OPEC+ Members Announce April Output Increase
Mon02Mar
Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
The firm has also suspended nominations of crude oil grades that require ships to transit the strait.
 Platts Suspends Bids and Offers for Products Shipments Transiting Strait of Hormuz
Mon02Mar
IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia
The interim training guidelines draft will be submitted for MSC approval in May 2026.
 IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia