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Five important facts you might not know about green shipping corridors

04/11/2023

Green shipping corridors are the route to greener, cleaner shipping – and both cruise and other maritime segments stand to benefit. Green shipping corridors link ports that support zero-emission fuels and they are showing great potential as a way to

MABUX: Bunker Prices To Extend Volatility Into Next Week

03/11/2023

During Week 44, the MABUX global bunker indices exhibited erratic fluctuations with no clear sustained trends. The 380 HSFO index declined by $27.94, dropping from $562.50 USD/MT the previous week to $534.56 USD/MT. Conversely, the VLSFO index increased by $1.06,

ENGINE: Americas Bunker Fuel Availability Outlook

03/11/2023

North America
Availability of VLSFO and LSMGO grades in Houston has been good so far this week. Several suppliers can deliver the grades with 3-5 days of lead time. However, demand in Houston has been relatively slow this week compared to

South Korea Successfully Achieves Simultaneous LNG Bunkering Operations on Bulk Carriers

02/11/2023

For the first time in Korea, on 28 October, simultaneous operations (SIMOPs) of ship-to-ship LNG bunkering were successfully conducted for a coal-carrying bulk carrier at the POSCO raw material dock, one of the loading docks at Gwanyang port.*

South Korea boasts

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

02/11/2023

Northwest Europe
HSFO availability has shown signs of improvement in Rotterdam. Some sources say that product loading delays and congestion at oil terminals in the ARA hub have eased a bit, resulting in improved supply now.

Lead times of 5-7 days are

ENGINE: East of Suez Bunker Fuel Availability Outlook

01/11/2023

Singapore
Singapore has witnessed “below average” bunker demand so far this week, a source says. Product loading delays at oil terminals have put VLSFO availability under pressure in Singapore, compelling some suppliers to push delivery lead times further. Several suppliers are

Indicators show improved port performance in most regions of the world, except Europe

01/11/2023

E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterprise network, has released the latest edition of its Ocean Shipping Index, a quarterly benchmark report that provides insight for decision-making around global ocean shipments. Report data

Market forces driving port authorities to retender more terminal concessions

31/10/2023

As the original wave of container terminal privatisations from the 1990s and 2000s approach the end of their initial terms, Drewry finds that changes in market forces have shifted the risk/reward balance for Port Authorities towards retendering the concession in

Anemoi signs deal with Hudong-Zhonghua Shipbuilding Group to develop Rotor Sail designs for LNG carriers

31/10/2023

Anemoi Marine Technologies has entered into a Joint Design Cooperation Agreement with Hudong-Zhonghua Shipbuilding Group for the design of Rotor Sails onboard two LNG carrier newbuildings.

The deal was signed on 26 October between Nick Contopoulos, Chief Operating Officer of Anemoi,

Tankers: VLCC Market Edges Higher

30/10/2023

Clean

LR2

LR’s in the MEG look to have lost steam this week following last week’s moderate firming. The 75Kt MEG/Japan TC1 index has remained stable with enough activity for it to climb from WS170 to WS173. Similarly, a 90kt MEG/UK-Continent TC20

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