There’s an undeniable demand for transformative solutions in the shipping sector. Shipping is a major emitter of greenhouse gases due to its reliance on cheap heavy fuel, making the industry’s cleanup efforts challenging. Under pressure from investors and the environmental

European seaport operators face a dual challenge of rising costs and lower revenues following macroeconomic headwinds, which will squeeze their margins in the short and medium term, Fitch Ratings says. We expect profitability to gradually recover, supported by the longer-term

North America

All grades remain in normal availability in Houston. Some suppliers replenished stocks recently and are able to supply for prompt delivery dates, a source says.

VLSFO and LSMGO availability is good in Beaumont. A supplier can deliver both grades for

As hydrogen gains prominence amid the global pursuit of decarbonization and energy security, many major infrastructure projects are considering transportation in the form of ammonia, a safer and more cost-effective method for exporting hydrogen supplies in large volumes. Rystad Energy’s

Seapath, a maritime subsidiary of Libra Group, and Pilot LNG, LLC (Pilot), a Houston-based clean energy solutions company, today announced that they have formed a joint venture (JV) to develop, construct, and operate the first dedicated liquefied natural gas (LNG)

Over the Week 39, the MABUX global bunker indices turned into a moderate decline for the first time in the last four weeks. The 380 HSFO index fell by 3.07 USD: from 586.14 USD/MT last week to 583.07 USD/MT. The

Northwest Europe

HSFO availability is said to be normal in Rotterdam and the rest of the ARA, a source says. Availability of the high-sulphur grade has improved now, but securing stems on very prompt dates (0-2 days) can still be difficult,

Built using RightShip’s unmatched maritime vessel, incident, and company database, PortRISK provides a comprehensive suite of features, including pre-arrival checks and reviews to streamline processes and provide full visibility of vessels’ risk profiles before they arrive in port. This facilitates

Singapore

A source says that bunker demand has been “rather muted” so far this week in Singapore. VLSFO availability has come under pressure due to product loading delays at oil terminals.
Lead times for the grade have gone up from 6-10 days

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of global volumes. The base point for the indices