Technology group Wärtsilä has signed a strategic partnership agreement for Decarbonisation Modelling with Raízen, a major Brazilian energy company. The agreement focuses on both newbuilding and existing operation upgrade plans. Its aim is to build and implement a fleet-wide decarbonisation

Clean

LR2

LRs in the MEG have again been at the forefront of activity this week. Although rates have not climbed exponentially, sentiments have been firm in the MEG all week for the largest of CPP vessels. TC1 hopped up 19.72 points

The 9th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 9) was held from20 to 29 September 2023. CCC 9 continued work on interim guidelines for use of ammonia and hydrogen as fuel, finalized amendments for

This past year has seen the OPEC Secretariat research team take onboard a variety of energy policy shifts, reassessments of the speed and nature of energy transitions, as well as developments in the economic landscape, to revise up the long-term

Integr8 Fuels’ LNG desk has recently traded several LNG stems as a volatile market encourages buyers to seek spot deals to manage their price risk. LNG bunkering is typically more complex than bunkering of conventional fuels. It requires a very

North America
Demand for all fuel grades has improved in Houston this week. VLSFO and LSMGO grades are generally in good supply with suppliers in the Houston area. Most suppliers are able to deliver stems with 2-3 days of lead time,

Over the Week 42, the MABUX global bunker indices turned into an upward trend, primarily driven by the escalating conflict in the Middle East.The 380 HSFO index rose by 1.17 USD: from 566.49 USD/MT last week to 567.66 USD/MT. The

A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window

Northwest Europe

Prompt HSFO availability is very tight in Rotterdam and in the wider ARA hub. Product loading delays and congestion at the oil terminals have largely led to the supply crunch, two sources say.

The earliest delivery dates for HSFO in

Singapore

A source says Singapore has been witnessing “average” demand so far this week. Several suppliers are recommending lead times of 8-10 days for VLSFO – almost unchanged from last week.

HSFO availability has tightened in the port, with lead times going