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Q2’23 Carbon emission carrier ranking | Mediterranean – US East Coast

23/09/2023

We’re back with the latest Xeneta and Marine Benchmark Carbon Emission Index (CEI) edition. In this analysis, we’re examining the trade route between the Mediterranean and the US East Coast. For Q2, Hamburg Süd topped the list of carriers with

Americas Fuel Availability Outlook

23/09/2023

North America

Houston has experienced a drop in bunker demand this week after robust demand last week. Availability of VLSFO and LSMGO has been good, and some suppliers can deliver both grades within 3-5 days. Prompt HSFO supply is also possible

Tanker Market: Higher growth rates of dirty Libyan exports to Italy, Spain, France & the Netherlands in 2Q – 3Q 2023

22/09/2023

The third week of September began on a positive note for VLCC crude oil freight rates, moving well off the August lows and setting a more energetic tone in the transition from the summer season. It remains uncertain whether this

Global crude storage has a powerful influence over market dynamics

22/09/2023

Crude oil storage levels affect global market trends. During the Covid pandemic, for example, inventories were an important influence on crude oil prices, as falling demand resulted in high levels of floating storage. China’s example is particularly notable; as the

ENGINE: Europe & Africa Bunker Fuel Availability Outlook 20 Sep 2023

21/09/2023

Northwest Europe

HSFO availability has improved a bit in Rotterdam and in the wider ARA hub. Some suppliers can offer the grade for prompt delivery dates, unlike last month when supply was limited, a source says. Lead times of 5-7 days

Europe’s ports express their concern about first signs of carbon and business leakage ahead of the start of the EU ETS f

21/09/2023

As part of the implementation process of the EU emission trading system (ETS) directive for the maritime sector, the Commission held a public consultation on the list of non-EU neighbouring ports that would fall under the “transhipment clause” that has

Danish Shipping: EU needs to invest in green fuels

20/09/2023

This week, Torben Carlsen, CEO of DFDS and chairman of Danish Shipping participates in the European Shipping Summit 2023 to bring Danish Shipping’s priorities forward to decision-makers in the EU institutions. Ambitious regulation and investments in the green transition of

Europe’s shipping emissions back to pre-pandemic high

20/09/2023

European shipping emissions reached an all time high last year, new Transport & Environment (T&E) analysis shows. With the UN’s global shipping body failing to agree on binding emissions measures at its landmark summit back in July, Europe must move

CMA CGM and Maersk join forces to accelerate the decarbonization of the shipping industry

20/09/2023

A.P. Moller – Maersk A/S and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations.

As frontrunners of the energy transition in shipping, both companies are convinced that joint

China imported record volumes of crude oil in the first half of 2023

19/09/2023

Record volumes of crude oil were imported into China during the first half of 2023 because of refinery expansions in the country and initiatives to reopen the economy after the government eased COVID-19 mobility restrictions. China imported an average of

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