Singapore

A source says Singapore has been seeing “muted” demand so far this week. VLSFO continues to be under pressure in Singapore as several suppliers are facing tight delivery schedules. Terminals have been jammed by several tankers loading and discharging cargoes,

Swiss marine power company WinGD will supply X-DF-M methanol-fuelled engines for a series of six container vessels to be built at Yangzijiang Shipbuilding in China. The 9,000 TEU vessels will each be powered by an X82DF-M engine built by HD

IMO Regulations

The IMO’s Initial Strategy for decarbonising shipping has introduced a number of new regulations, among them the Ship Energy Efficiency Management Plan (‘SEEMP’), the Energy Efficient Existing Ship Index (‘EEXI’) and Carbon Intensity Indicator (‘CII’).

These are in force and

Clean

LR2

LR’s in the MEG have been subject to some further testing down this week. The 75Kt MEG/Japan TC1 index lost another 11.39 points to WS123.89 where it looks to have plateaued for the moment. The 90kt MEG/UK-Continent TC20 run to

As the energy transition progresses, refineries face an increasingly Darwinian battle for existence. In the face of falling transport fuel demand and the rising impact of decarbonisation, only the most competitively positioned facilities can prevail. So, what factors will ultimately

North America

VLSFO and LSMGO grades are available for prompt delivery dates in Houston. The recent moderate to high fog conditions had affected deliveries earlier in the week. However, calmer weather conditions from Tuesday evening, allowed most suppliers to deliver both

ABS awarded an approval in principle (AIP) to Bumi Armada Berhad (Bumi Armada) for an innovative floating liquefied natural gas (FLNG) infrastructure design.

The new concept incorporates a barge-based liquefaction unit and utilizes existing LNG carriers for storage. ABS completed design

Over the Week 46, the MABUX global bunker indices did not have any firm dynamics and showed mixed movements. The 380 HSFO index rose by 7.82 USD: from 530.36 USD/MT last week to 538.18 USD/MT. The VLSFO index, in turn,

Global oil demand remained at a seasonal record high for a fifth consecutive month in September, up 2.5 million barrels per day year-on-year, according to the latest data issued by the Joint Organizations Data Initiative on Thursday.

Demand dipped seasonally on

Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this conundrum