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22+ hour, 14+ min ago  (12+ words) Iran to give safe passage for Philippines ships and seafarers'Seatrade Maritime News...

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Bunker prices, Hormuz transits, oil supply shortages haunt owners

2+ week, 2+ day ago  (483+ words) Segment responses to Middle East conflict vary as bunker prices rise 160% since January. Singapore bunker prices are up 160% since the start of the year and the cost of moving a barrel of oil from the US'Gulf to Asia has doubled…...

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Global energy crisis could exceed worst expectations

2+ week, 2+ day ago  (822+ words) 'Meaningful impacts' to be felt in broad range of industries should Middle East disruption continue to hit demand and increase prices. President Trump originally said that Middle East hostilities would only take a few days, but they now look set…...

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NYK taking over Saga Welco

2+ week, 6+ day ago  (433+ words) The Japanese shipowner will acquire the 50% stake it does not already own the shipping company from Westfal-Larsen NYK Holding Europe (NHE) is to fully acquire Saga Welco in which it currently owns a 50% share. NHE is buying Westfal Larsen's Group's…...

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Search for three missing crew from Mayuree Naree continues

3+ week, 10+ hour ago  (595+ words) The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. Shipowner Precious Shipping says no specific warning advising the Thai-flagged vessel not to transit the Strait of Hormuz Precious Shipping…...

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Top maritime news stories for week ended 6 March

3+ week, 4+ hour ago  (489+ words) The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. The shipping industry under attack in the Gulf and the Strait of Hormuz The war in Iran has continued to…...

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Explosions after two tankers struck off Iraq

3+ week, 1+ day ago  (551+ words) The latest news and commentary on how the US/Israel-Iran conflict is affecting the global maritime industry and shipping markets. A fire has been confirmed on board one of the tankers with crew safely evacuated Two tankers believed to have…...

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CMA CGM completes first bio-methanol bunkering in Shanghai

3+ week, 3+ day ago  (175+ words) In a step forward for low carbon marine fuel SIPG Energy bunkers container ship with bio-methanol This newly delivered 13,000 teu bio-methanol dual-fuel container ship CMA CGM Osmium will soon operate on the M2X service connecting Asia with Mexico. Related:NatPower raises…...

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Tanker struck off Kuwait, spilling oil

4+ week, 1+ day ago  (659+ words) The latest news and commentary on how the Israel-Iran conflict is affecting the global maritime industry and shipping markets. A tanker at anchor in Kuwait reports large explosion as five other ships including MSC container ship are involved in strikes…...

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Strait of Hormuz Crisis - Top maritime news stories for week

4+ week, 7+ hour ago  (553+ words) The latest news and commentary on how the Israel-Iran conflict is affecting the global maritime industry and shipping markets. The Strait of Hormuz crisis " ships and seafarers stranded in the Gulf as vessels hit by drones and missiles. The week…...