"While this announcement is a positive step there is still much uncertainty around what it means in practice," says ICS Secretary General Thomas A. Kazakos.

ICE Brent crude futures traded at $89.33/bl on Friday afternoon, down from as much as $98.87/bl earlier in the day.

RED III implementation and the launch of the MFM mandate at Rotterdam have contributed to the port's lowest quarterly sales total since at least 2009.

All tests on mtu diesel engines at the company's facilities in Friedrichshafen, Augsburg and Ruhstorf are now using HVO rather than diesel.

Engineering firm Wärtsilä has upgraded the power rating for one of its ammonia-fuelled engine designs. The power rating for the Wärtsilä 25 Ammonia engine has now been set at 315 kW of output per ...

The company is resuming acceptance of applications to extend the validity period of delivery orders as of April 17.

Marine fuel trading firm Eleven Energy has hired a global head of trading in London. Daniel Cheverall has joined the Saudi ...

The port attributes the decline primarily to trade disruption from changing tariff rates, rather than the situation in the Middle East.

The company is looking for candidates with three to five years of experience in commodity trading, oil and gas, shipping or financial markets.

Sales for Q1 as a whole reached 1.43 million mt, up by 2.7% on the year and the highest quarterly total since the fourth quarter of 2024.

Demand at key marine fuel hubs jumped on a yearly basis in the fourth quarter of 2025, taking 2025's sales 2% higher than 2024 overall, according to the latest market survey of bunker sales volumes in ...

U.S. president Donald Trump ’s optimism that a deal could still be reached with Iran rather than further conflict was apparently persuasive to oil traders on Thursday, who caused another decline in ...