World News

Brent Down 16% On The Week As IEA Signals Return To Surplus For End Of 2026

Meanwhile, Iran's rhetoric is increasingly falling on deaf ears.

13 Nov 2026

Maran Tankers Adds Sixth LNG Dual-Fuel Suezmax to Fleet

The 155,000 DWT vessel Maran Myron is built by New Times Shipbuilding.

13 Nov 2026

Shipping Industry Broadly Supports IMO Net-Zero Framework, Report Finds

InfluenceMap says shipping companies back the framework’s main elements, while oil and gas companies are seeking changes that would allow LNG to qualify as a clean fuel.

13 Nov 2026

Shanghai Overtakes Rotterdam to Rank Second in Leading Maritime Cities Ranking

The DNV and Menon Economics report ranks Singapore first, with Shanghai climbing to second place and Rotterdam falling to fourth.

13 Nov 2026

Cargo Ship Hits Bridge Between Philadelphia and New Jersey

A vessel hit the Tacony-Palmyra Bridge across the Delaware River on Thursday.

13 Nov 2026

Mitsubishi Shipbuilding Secures WinGD Approval for Ammonia Fuel Handling System

The firm is the first Japanese company to secure WinGD's supplier pre-approval for ammonia fuel handling system components.

13 Nov 2026

Maersk Investigates Cyber Security Incident Involving Legacy System

Maersk says initial findings indicate that no sensitive data has been disclosed following the incident.

13 Nov 2026

KPI OceanConnect Brings Back 50for50 Charity Campaign for Sixth Year

$50 from every customer order until December 31 goes to local charities near its offices.

12 Nov 2026

Oil Extends Losses As Trump Focuses On Domestic Concerns, Says Deal With Iran Not Needed

But Lipow warns that Iran may increase strikes and cause crude prices to rise anyway.

12 Nov 2026

Korean Partnership Proposal Selected for IMO’s Future OCCS Safety Guidelines

A 10-member Korean maritime partnership will help shape the IMO’s interim safety guidelines for onboard carbon capture systems.

12 Nov 2026

Hapag-Lloyd's Bunker Consumption Down 3.8% in First Nine Months

The firm's average bunker price was $635/mt for the first nine months, up from $535/mt last year.

12 Nov 2026

IMO Urges Member States to Crack Down on False-Flag Ships in Strait of Hormuz

IMO Secretary-General Arsenio Dominguez has urged member states to pursue political solutions to restore safe navigation through Strait of Hormuz.

12 Nov 2026

Weekly Vessel Scrapping Report 2026: Week 45

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 5 – November 11, 2026.

12 Nov 2026

Oil Rebounds After Iran Denies Any Peace Negotiations, Doubles Down On Nuclear Development

Meanwhile, the global crude market continues to improve.

11 Nov 2026

GCMD-backed FEET Becomes First Fund to Adopt Singapore-Asia Taxonomy for Sustainable Finance

GCMD-backed FEET adopts the revised taxonomy, while LR reviews its methodology for measuring wind propulsion fuel savings.

11 Nov 2026

Lloyd’s Register Adds AI Assessment to Digital Maturity Index

LR's enhanced benchmarking tool helps shipowners assess their readiness for AI adoption and identify digital capability gaps.

11 Nov 2026

UKMTO Reports Tanker Incident in Strait of Hormuz

Crew condition and potential damage remain unknown following the reported incident.

11 Nov 2026

HTM Takes Delivery of Diesel-Electric Tanker Capable of Supplying Marine Fuels

The vessel is currently en route to Malaysia to load FAME cargo.

11 Nov 2026

UCL Launches Tool to Assess IMO Net Zero Framework's Country-Level Economic Impacts

UCL has launched a free tool assessing the country-level economic impacts of the IMO's proposed NZF across 136 coastal nations.

11 Nov 2026

Ship & Bunker Raises Q4 Bunker Price Outlook for Third Month Running as EIA Lifts Q4 Brent to $109/bbl

Q4 G20-VLSFO forecast now $927/mt, up from $646/mt in August, after Brent averaged $124/bbl in October.

11 Nov 2026