With just 100 days remaining until the September 30 deadline for surrendering carbon allowances under the EU Emissions Trading System (EU ETS), maritime operators face a huge milestone in the field of maritime compliance.

Philippos Ioulianou, Managing Director of EmissionLink, part

After introducing “Climate Intuition,” examining homeowners insurance and introducing broad climate adaptation strategies, we wanted to tackle a tangible asset to bring these issues of change, property risk and investment for resilience together. And with global trade in the news

Clean

LR2
LR2’s in the MEG saw the inevitable spike this week. The TC1 75kt MEG/Japan index sailed up 91.95 points to WS211.39. A TC20 90kt MEG/UK-Continent trip also went from $3.56mill to $5.17mill.

West of Suez, Mediterranean/East LR2’s also ticked up

The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed

The EU Port Strategy should include a State Aid Framework for ports that boosts the competitiveness of the sector and enables it to reach EU objectives

Gathered in the beautiful city of Naples for the mid-year General Assembly meeting of the

North America

Bunker demand in Houston has held steady this week, with limited movement recorded in the spot market, a source said.

HSFO and VLSFO are readily available at the port, with suppliers advising lead times of 5–7 days. LSMGO is available

At the close of the 25th week, the global bunker indices published by MABUX recorded a sharp increase, driven by the escalating conflict in the Middle East. The 380 HSFO index surged by USD 47.17, rising from USD 467.07/MT to

KR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships. The initiative brings together Korean major shipbuilders—HD Hyundai Heavy Industries (HD HHI), HD Korea

DNV’s whitepaper explores the design and operational factors influencing WAPS fuel savings and provides steps for evaluating the technical feasibility of new systems, from concept to implementation. The paper includes two case studies in EU waters modeling how different WAPS

Northwest Europe

Prompt delivery remains tight in the ARA hub for all grades, a trader told ENGINE. Recommended lead times for VLSFO and LSMGO have narrowed to 7-8 days, while HSFO’s remain consistent with last week, at 8-9 days.

The ARA's independently