Clean

LR2

Steam came pouring out of the LR2 freight in the MEG this week. The TC1 75kt MEG/Japan index dropped 43.89 points to WS168.33. A TC20 90kt MEG/UK-Continent trip also went from $5.3mill to $4.29mill.

West of Suez, Mediterranean/East LR2’s also dropped

Over the next decade, Wood Mackenzie forecasts global carbon capture capacity to increase from 70 Mtpa to almost 450 Mtpa, supporting efforts to cut hard-to-abate emissions. But with captured emissions then needing to be permanently stored, how can countries without

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of global volumes. The base point for the indices

North America

Bunker fuel demand has picked up in Houston over the last week. Recommended lead times for VLSFO and LSMGO are between 4–6 days, while HSFO will require at least 7 days for delivery.

There is some operational tightness and barge

The International Chamber of Shipping (ICS) and European Shipowners | ECSA welcome the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) entering into force globally today.

The International Maritime Organization (IMO) adopted the Hong

Global bunker indices tracked by MABUX fell sharply in Week 26, driven by expectations that a ceasefire between Israel and Iran will ease concerns over potential oil supply disruptions in the Middle East. The 380 HSFO index dropped by USD

In 2024, about 20% of global liquefied natural gas (LNG) trade transited the Strait of Hormuz, primarily from Qatar. The strait is a critical route for oil and petroleum products as well.

Qatar exported about 9.3 billion cubic feet per day

Northwest Europe

Fuel availability at the ARA hub is strained, with lead times ranging from 7-10 days, according to a trader.

As for biofuels, 5-10 days of lead times are recommended by a supplier. However, lead time advise varies from supplier to

OceanScore today announced that it has launched its FuelEU Pooling Marketplace. With first compliance surplus offers now live . OceanScore provides its customers the unique opportunity to choose between a wide range of potential compliance pools, choosing from offers that

Singapore and Malaysia

In Singapore, VLSFO lead times remain highly variable. Some suppliers are advising as little as five days, while others recommend booking up to three weeks in advance due to tight delivery schedules. Last week, typical lead times ranged