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Tankers: More Gains for MRs, Steadiness for VLCCs

23/05/2022

Clean

LRs in the Middle East Gulf began the week with soft sentiment. However, good activity levels look to have slowed the downturn for the moment. TC1 75,000 Middle East Gulf / Japan, despite losing 20.71 points to WS269.29, is still

Major progress at the IMO: After over a decade of stalemate, the IMO’s latest meeting on GHG emissions achieves consensu

23/05/2022

The Intersessional Working Group (ISWG) on Greenhouse Gases (GHG) ISWG-GHG 12 marks the third substantive discussion on mid-term measures (MTM), and the shift from phase 1 to phase 2 of the workplan adopted at MEPC76. The meeting concluded that there

ENGINE: Americas Bunker Fuel Availability Outlook

21/05/2022

North America
Prompt supply of all grades is back on offer in New York. A supplier can deliver in 5-7 days. Several others can deliver VLSFO and LSMGO grades with 2-3 days of lead time.

New York’s LSMGO price has come

H2-Industries set to clear the oceans of plastic waste and produce clean fuel from innovative ship design

21/05/2022

H2-Industries and TECHNOLOG Services, a naval architecture company, have joined forces to develop 3D designs for an innovative concept ship that will collect plastic waste that currently blights the world’s oceans and then converts it into clean hydrogen, allowing surplus

MABUX: Bunker Prices Expected to Move Upwards Next Week

20/05/2022

Over the Week 20, the world bunker indices did not have a firm trend and changed irregular. The 380 HSFO index rose by 18.88 USD: from 718.62 USD/MT to 737.50 USD/MT. The VLSFO index went up more significantly: by 36.82

A reality check on Europe’s latest energy proposals

20/05/2022

A ‘double urgency’
The European Commission has responded to the global energy crisis caused by Russia’s war on Ukraine. It says there’s a ‘double urgency’ to transform Europe’s energy system and its reliance on the bloc’s dependence on Russian fossil

April 2022 Continues Record Import Volumes with No Impact from China’s Lockdowns

19/05/2022

The global shipping crisis continued through April 2022 with another year-over-year record in container import volume versus 2021. COVID-related shutdowns in China continue to spread, but do not appear to be having an impact on overall U.S. container import volumes.

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

19/05/2022

Supply of LSMGO has improved further this week in ARA ports, with more suppliers now offering prompt delivery, particularly in Rotterdam, sources say. Availability of VLSFO is also looking better.

Recommended lead times for deliveries of LSMGO and VLSFO in ARA

Making ships eco-friendlier and more fuel efficient with a layer of air

18/05/2022

Maritime transport is the backbone of global trade. However, it harms the environment by releasing around 940 million tonnes of CO2 into the atmosphere each year. A factor that contributes to the maritime transport sector’s greenhouse gas emissions is biofouling

ENGINE: East of Suez Bunker Fuel Availability Outlook

18/05/2022

Singapore
HSFO remains “super tight” in Singapore. Recommended lead times are up to two weeks. However, a supplier can offer limited deliveries with a shorter lead time of 4-5 days, a trader says.

Recommended lead times for VLSFO are around 10-13

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