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Drewry: Tanker Equities on the Rise

30/10/2023

The Drewry Crude Tanker Equity Index has been largely on an uptrend since early July. The index jumped 10.6% in the past month (from 27 September to 26 October) and substantially outperformed the broader S&P 500, which was corrected by

Verified fuel savings of over 5% for seagoing vessel using SulNOxEco™

28/10/2023

SulNOx’s all-natural, fully biodegradable fuel conditioner continues to prove its value as a market-ready tool in the maritime industry’s arsenal to help meet International Maritime Organization (IMO) and EU regulations on vessel emissions.

During a five month-long trial in cooperation with

Big Oil: upstream M&A gets serious

28/10/2023

ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US Independents. It’s a pivotal moment for the sector and widens the strategic gulf with the Euro Majors. Here

MABUX: Bunker Prices to Show High Volatility Next Week

27/10/2023

During Week 43, the MABUX global bunker indices resumed again a moderate downward trend. The 380 HSFO index fell by 7.27 USD: from 573.44 USD/MT last week to 566.17 USD/MT. The VLSFO index, in turn, lost 8.68 USD (672.90 USD/MT

ENGINE: Americas Bunker Fuel Availability Outlook

27/10/2023

North America
Demand for bunker fuel in Houston has been good this week. VLSFO has become tighter as some suppliers are running low on stocks. The earliest estimated delivery dates for VLSFO range from 6-8 days. LSMGO is readily available for

Yara and Navigator Holdings Ltd. Lead Investment Into Azane Fuel Solutions To Realize World’s First Ammonia Bunkering So

26/10/2023

Yara Growth Ventures AS, the venture investment arm of Yara International ASA (together, “Yara”), and Navigator Holdings  Ltd. (NYSE: NVGS) (“Navigator”) announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS (“Azane”).

East of Suez Fuel Availability Outlook

26/10/2023

Singapore
VLSFO availability has tightened in Singapore. Barge loading delays at fuel terminals have held back bunker deliveries and put pressure on schedules, a source says. Lead times of 9-11 days are now advised for good coverage from suppliers, up from

Integr8 Fuels: Robust Regulation and Licensing Key to Ensuring ARA’s Mass Flow Meter Mandate is a Success

25/10/2023

On 19 October, the Port of Roterdam and Antwerp-Bruges Port Authority officially confirmed that Mass Flow Metres (MFM) will become compulsory in Roterdam, Antwerp and Brugge ports from January 2026.

International bunker trading company Integr8 Fuels welcomed the announcement but emphasised

Vitol targets Asia biofuel growth with specialist bunker barges

25/10/2023

Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024.

From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will be able to offer a range

MPA to launch Digital Bunkering for Enhanced Efficiency

24/10/2023

The Maritime and Port Authority of Singapore (MPA) will launch the digital bunkering initiative on 1 November 2023, becoming the first port in the world to implement electronic bunker delivery notes (e-BDN)1. This was announced by Mr Chee Hong Tat,

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