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European Sustainable Transport Investment Plan – STIP: How to boost investment in clean fuels for shipping

17/07/2025

Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector. The Draghi report on the “Future of European Competitiveness” identifies shipping as one of the most difficult sectors to decarbonise, requiring around €40 billion

Iran seizes foreign tanker on fuel smuggling allegations

17/07/2025

Iranian authorities have seized a foreign tanker in the Gulf of Oman for smuggling 2 million liters (around 528,000 gallons)

HSFO discounts shrink, contango narrows

17/07/2025

Asia’s high sulphur fuel oil (HSFO) spot market narrowed in discounts on Wednesday after a series of deals lifted sentiment,

Asyad Shipping takes delivery of VLCC ‘Qurayyat’

17/07/2025

Asyad Shipping Company SAOG, a listed entity on the Muscat Stock Exchange (MSX) under the trading code ASCO, has announced

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

17/07/2025

Northwest Europe

Prompt supply remains strained in the ARA hub, a trader told ENGINE. Lead times for HSFO and LSMGO are 9-10 days, while VLSFO requires around 5-6 days.

The ARA's independently held fuel oil stocks have declined by 7% in July

Decarbonisation Déjà Vu: Columbia Group warns ship owners risk paying twice to go green

17/07/2025

The global shipping industry faces the prospect of “decarbonisation déjà vu” as it braces for overlapping climate regulations that could

ClassNK launches ‘ClassNK Fleet Cost Simulation’ Service

17/07/2025

ClassNK has launched a new service, ‘ClassNK Fleet Cost Simulation', as part of its ‘ClassNK Transition Support Services', which aims

International Marine Coatings Protects World’s First Sail-Assisted Aframax Tanker

17/07/2025

The world’s first Aframax oil tanker to use wind-assisted propulsion has been built in China, with AkzoNobel making an important

PPG completes 100th dry docking using electrostatic coating application

16/07/2025

PPG announced the 100th dry docking performed using electrostatic application for marine hull coatings. PPG completed the project on the

Castrol launches new MHP lubricant range for four-stroke medium speed engines

16/07/2025

Castrol, one of the world's leading lubricant brands, has launched its all-new Castrol MHP lubricant range, intended for use in

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