Proposed Indian green fuel project will target bunker demand – CIST
Proposed Indian green fuel project will target bunker demand – CIST
in
International Shipping News
21/05/2026
Indian project developer CIST Technology plans to supply bio-methanol and green ammonia for bunkering in ports in India and Singapore from its proposed facility in Maharashtra, the company told ENGINE.
CIST is planning to build an integrated bio-methanol and green ammonia facility in Palghar, India through its arm, Yoki Green Energy.
Palghar is a coastal district in the western Indian state of Maharashtra along the Arabian Sea coastline. The district is set to host the deepwater Vadhavan port, approved by the Indian government in 2024.
The Palghar facility will combine biomass gasification and electrolyser capacity to produce 200,000 mt/year of bio-methanol and 100,000 mt/year of green ammonia, CIST co-founder Suyash Agrawal told ENGINE.
Green hydrogen production and biogenic CO2 capture will be integrated onsite, and renewable power will be procured from a local supplier, Agra
U.S. Marines Board Iranian Tanker in Gulf of Oman
An Iranian-flagged oil tanker suspected of violating the U.S. blockade is seen in the Gulf of Oman as a U.S. military helicopter operates nearby during a CENTCOM interdiction operation.
Heidmar Maritime Holdings Corp. Grows Managed Fleet With Five Strategic Crude Tanker Additions Amid Record Market Conditions
Grows Managed Fleet With Five Strategic Crude Tanker Additions Amid Record Market Conditions
in
International Shipping News
21/05/2026
Heidmar Maritime Holdings Corp. announces the addition of five vessels to its commercially managed fleet, further strengthening its position as a leading commercial and pool management operator in the global crude tanker sector.
The Company has expanded its commercially managed fleet with the following additions:
● One state-of-the-art eco-design newbuilding Suezmax tanker, built in 2026
● Two Suezmax tankers, built in 2009 and 2013, respectively
● One VLCC tanker, built in 2006
● One MR1, built in 2006
The fleet additions come at a pivotal and highly favorable moment for the crude tanker sector. The closure of the Strait of Hormuz following the events of late February 2026 triggered an unprecedented dislocation in crude tanker markets, with VLCC earnings reaching a record $423,736 per day in early March before normalizing as trade flows adjusted.
Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees
The Malta-flagged tanker Agios Fanourios I, an oil tanker that sailed through the Strait of Hormuz, arrives in Iraq’s territorial waters off Basra,Iraq April 17, 2026. REUTERS/Mohammed Aty
Inside Iran’s Expanding Hormuz Transit System: Checkpoints, Diplomatic Deals and Passage Fees
Reuters
Total Views: 0
May 20, 2026
DUBAI, May 20 (Reuters) – The tanker crew gathered their courage and carefully navigated along a route designated by Iran, hugging the coastline and maneuvering their hulking vessel between island checkpoints through the
Strait of Hormuz
.
The 330-meter-long
Agios Fanourios I
, laden with Iraqi crude oil and bound for Vietnam, had been bottled up off the coast of Dubai since late April. But on May 10 it set off for the strait after a direct deal with Iran overseen by Iraq’s prime minister.
Iran’s orders to the tanker were part of a complex, multi-tiered mechanism that the country has deployed for clearing vessels through the Strait of Hormuz.
Lloyd’s Register drives new push to standardise container stowage data with launch of LXF Consortium
Lloyd’s Register drives new push to standardise container stowage data with launch of LXF Consortium
in
International Shipping News
21/05/2026
Lloyd’s Register (LR) has helped establish a new industry consortium aimed at ending the fragmented way container stowage and lashing data is shared across the sector.
The Lashing Exchange Format (LXF) Consortium brings together major classification societies and key software developers to create a common digital standard for transferring data used in container securing arrangements and lashing calculations.
Stowage plans and lashing software are closely connected yet often treated as separate workflows because the industry has no standardised way to move information between systems.
Currently, container securing designers, lashing software providers and class societies all work from their own datasets to approve securing arrangements, but with no agreed format.
This disconnect often leads to duplicated work, inconsistent inputs and delays in th
South Korean, Chinese Supertankers Attempt Strait of Hormuz Exit
The crude oil tanker Odessa, carrying UAE crude after passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, navigates the waters at Daesan port, where it is expected to discharge crude oil, in Seosan, South Korea, May 8, 2026. REUTERS/Kim Soo-hyeon
South Korean, Chinese Supertankers Attempt Strait of Hormuz Exit
Bloomberg
Total Views: 0
May 20, 2026
By Weilun Soon
May 20, 2026 (Bloomberg) –A South Korean-flagged supertanker appears to be attempting to transit the Strait of Hormuz, which, if successful, would be the first crossing of such a vessel from the East Asian nation.
The
Universal Winner
, laden with Kuwaiti crude, began signaling Wednesday morning that it was in the waterway, just south of Iran’s Larak Island that sits along a Tehran-approved route for Hormuz transits, ship-tracking data show.
The very large crude carrier is owned by Seoul-based HMM Co. and is signaling Ulsan in South Korea as its destination.
South Korea Selects Operator for First Arctic Container Trial Voyage via Russia’s Northern Sea Route
(Source: Panstar Group)
South Korea Selects Operator for First Arctic Container Trial Voyage via Russia’s Northern Sea Route
Malte Humpert
Total Views: 0
May 20, 2026
South Korea has preliminarily selected shipping company Panstar Line to operate the country’s first trial container voyage along Russia’s Northern Sea Route (NSR), marking a significant step in Seoul’s ambitions to
expand its role in Arctic shipping
and develop alternative trade corridors between Asia and Europe.
The selection follows a public tender issued on April 27 by the Korea Ocean Business Corporation (KOBC) and the Korea Shipping Association (KSA) seeking an operator for a 3,000 twenty-foot equivalent unit (TEU) Arctic test voyage. Panstar Line was the sole bidder and has been preliminarily chosen for the project. The company operates container services between South Korea, Japan, and China.
Under the plan, the vessel will depart from Busan, transit Russia’s Arctic corridor with a stop in Tromsø, continue to Rotte
UK Opens Door to Diesel and Jet Fuel Made From Russian Crude
Stock Photo: SOMKIET POOMSIRIPAIBOON / Shutterstock
UK Opens Door to Diesel and Jet Fuel Made From Russian Crude
Mike Schuler
Total Views: 0
May 20, 2026
The UK government has quietly loosened part of its Russia sanctions regime, issuing a new general trade licence that allows imports and related trade involving diesel and jet fuel refined in third countries from Russian crude oil.
The new authorization, published Tuesday by the UK Department for Business and Trade, creates a standing exemption to restrictions that had targeted so-called “laundromat refinery” trade flows—where Russian crude is processed abroad and re-exported as refined fuels.
The license took effect Wednesday and is of indefinite duration.
Under the license, prohibitions covering Russian-origin processed oil products will no longer apply to diesel (under commodity codes 2710 19 42 and 2710 19 44) and Jet fuel (under commodity code 2710 19 21).
The authorization applies only when the fuels are refined in a third countr
DNK launches first-of-its-kind programme to protect vessels from electronic signal interference
DNK launches first-of-its-kind programme to protect vessels from electronic signal interference
in
International Shipping News
21/05/2026
DNK, Norway’s leading war risk mutual insurance provider, has launched a programme to offer members advanced systems to protect against the growing threat of Global Navigation Satellite System (GNSS) signal interference. This industry-first programme allows members to select among vendors specialising in A-PNT services to lower premiums and provide secure, accurate and reliable positioning, navigation and timing data.
According to DNK’s CEO Svein Ringbakken, the programme is consistent with DNK’s mission to utilise digital technologies to provide comprehensive war risk insurance services for Norwegian-owned or controlled vessels and mobile units, helping to safeguard assets from war, terror, piracy, and cyberattacks.
“Over the past five years, we have seen a sharp in increase in GNSS interference, especially in the Black Sea, the Baltic Sea and more
Shipping Industry Issues Stark New Hormuz Transit Guidance as Risks Mount
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi/ISNA/WANA (West Asia News Agency) via REUTERS
Shipping Industry Issues Stark New Hormuz Transit Guidance as Risks Mount
Mike Schuler
Total Views: 0
May 20, 2026
The global shipping industry has released sweeping new guidance for vessels transiting the
Strait of Hormuz
, warning that even if the waterway remains technically open, conditions inside the chokepoint may still be too dangerous for safe navigation.
The
22-page advisory
, issued jointly by major industry groups including BIMCO, International Chamber of Shipping, INTERTANKO, OCIMF, INTERCARGO, and IMCA, paints one of the clearest pictures yet of the deteriorating operational environment facing merchant ships in and around the Strait of Hormuz.
The document warns that vessels may face a “high workload and high-stress operating environment” where kinetic threats, electronic warfare, heavy congestion, mines, drones, AIS spoofing, and navigati