Capital Product Partners L.P., an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2022.

Operating Surplus2 and Operating Surplus after the quarterly allocation to the capital reserve for the fourth quarter of

North America

All grades remain tight for prompt delivery dates in the Houston area and bunker locations off the Gulf Coast. A lead time of 5-8 days is generally recommended to ensure full coverage from all suppliers in the Houston area.

On

Over the Week 05, MABUX global bunker indices showed a moderate downward correction. The 380 HSFO index fell by 9.32 USD: from 490.19 USD/MT last week to 480.87 USD/MT. The VLSFO index, in turn, decreased by 8.46 USD (713.73 USD/MT

Northwest Europe

Supply of LSMGO is normal in Rotterdam and in the wider ARA bunkering hub. Securing prompt deliveries of VLSFO and HSFO can be slightly difficult there, but some suppliers can deliver for prompt dates depending on the quantity, a

Singapore

Demand has picked up in Singapore following the Chinese Lunar New Year holidays. Availability of VLSFO and HSFO remains tight in the port, but prompt dates can still be available at price premiums, a source says. Availability of LSMGO, on

Global energy and commodity price reporting agency Argus today launched the world’s first independently assessed price for ship fuel that includes a biofuel component. The new B24 daily assessment reflects the market value of “bunkers” – as ship fuel is

The multidisciplinary collaboration, for which a Memorandum of Understanding (MOU) was signed last week, has the ambitious goal to develop a complete hydrogen value chain for Northern Xplorer AS (NX) first zero-emission cruise ship featuring fuel cells and electric propulsion,

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

The third meeting of the Hellenic Decarbonization Committee (HDC) was held at the end of the year. The committee was set up to give a vital discussion forum to shipowners and other stakeholders on the way forward to meet decarbonization

The CMA CGM Group has launched a call for projects targeted at start-ups and businesses working on concrete solutions to step up the pace of decarbonization within all areas of the French shipping industry. Announced at the Assises de l’Economie