Despite global economic and geopolitical headwinds, the maritime industry’s ambition to decarbonise remains resilient.

This sentiment is evident in the second edition of the Global Maritime Decarbonisation Survey, jointly conducted by GCMD and BCG between October 2024 and February 2025. The

Proactive measures supporting marine biodiversity create operational efficiencies and attract commercial incentives, according to a new Lloyd's Register (LR) report, launched today at the UN Ocean Conference 2025 in Nice, France.

The Shipping Biodiversity Report offers practical, science-based guidance and potential

Singapore and Malaysia

In Singapore, VLSFO lead times have shortened to 5-10 days amid “quiet” demand, down from 7-14 days last week. LSMGO availability has also improved, with several suppliers now advising lead times of 2–6 days, compared to 3–10 days

In 2024, the United States produced a record amount of energy, according to data in our Monthly Energy Review. U.S. total energy production was more than 103 quadrillion British thermal units in 2024, a 1% increase from the previous record

Clean

LR2

LR2’s in the MEG have held steadfast this week despite seemingly consistent downward sentiment. The TC1 75kt MEG/Japan index dipped a modest 5.55 points from WS134.72 to WS129.17. A TC20 90kt MEG/UK-Continent also only ticked down $75,000 to $3.66m.

West of

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

Lloyd’s Register (LR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) to jointly develop a high-efficiency hybrid propulsion system integrated with Solid Oxide Fuel Cell (SOFC) technology for

North America

Bunker demand in Houston remains sluggish across all fuel grades, with spot premiums being low this week. In the past 24 hours, 75 vessels have arrived, and 134 ships are scheduled to arrive over the next 30 days.

VLSFO and

At the close of Week 23, the global bunker indices published by MABUX showed moderate gains. The 380 HSFO index increased by $4.69, rising from $462.14/MT to $466.83/MT. The VLSFO index climbed by $7.03, reaching $540.60/MT compared to $533.57/MT the

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.

Investment