North America

Houston’s bunker demand has decreased this week after a spike in demand last week. Availability of VLSFO and LSMGO has been good, and some suppliers can deliver both grades within 3-5 days. Prompt HSFO supply is available and lead

Northwest Europe

VLSFO and LSMGO availability is said to be normal in Rotterdam and in the wider ARA hub. Lead times of up to four days are generally recommended. One supplier can supply both grades for very prompt dates (0-2 days),

From 1 January 2026, the use of a bunker measurement system for bunker vessels in the ports of Antwerp-Bruges and Rotterdam will be mandatory. From this point onwards, bunker vessels in the two ports must have a certified system that

U.S. crude oil exports in the first half of 2023 averaged 3.99 million barrels per day (b/d), which is a record high for the first half of a year since 2015, when the U.S. ban on most crude oil exports

Singapore

Singapore has witnessed “very muted” bunker demand so far this week, a source says. Lead times of VLSFO have come down from 8-11 days last week, to 7-10 days now.

Prompt availability of HSFO remains under pressure, with almost unchanged lead

SulNOx, the fuel technology group listed on London’s Aquis Exchange, has announced that Spring Marine Group will adopt SulNOx products in its fleet to reduce fuel consumption and emissions.

Spring Marine (https://www.Springmarine.com/) operates a fleet of Tankers and

The International Chamber of Shipping (ICS), the global trade association for shipowners which represents over 80% of the world merchant fleet, today launches its Carbon Intensity Indicator (CII) Data Collection System.

CII is a rating system developed by the International Maritime

Clean

LR2

The TC1 index ultimately rose just under seven Worldscale points this week but the LR2’s have been in limbo in the MEG for the last few days. Rates have consistently been fixing around the WS135-WS140 mark. Similarly on a trip

Global crude oil prices could drop to about $60 per barrel by 2027 as demand growth slows, say oil analysts at Rystad Energy, chopping a third off next year’s peak price as demand tumbles.

Their outlook is a reassuring message amid

Sticky inflation and elevated interest rates had a detrimental impact on investor sentiment. In 3Q23, the S&P Index declined 3.6%, mirroring the broader concerns in the global market. Similarly, the Drewry Port Equity Index, which gauges the performance of the