The 2023 IMO Strategy on Reduction of GHG Emissions from Ships has been applauded by international stakeholders at the recent UN Climate Change Conference COP28 held in Dubai, United Arab Emirates.

During a side event co-hosted on 9 December by IMO,

Northwest Europe

Prompt LSMGO supply is available in Rotterdam and in the wider ARA hub. Lead times of 4-6 days are recommended for LSMGO, and 5-7 days for HSFO and VLSFO, according to a trader.

Off Skaw, recommended lead times are 5-7

Color Line’s two passenger ferries connecting Denmark and Norway have been running on B100 biofuel for one month, with Bunker One leading supply and logistics.

For almost one month, Bunker One has supplied B100 biofuel to Color Line’s SuperSpeed 1 and

The price of Brent crude oil averaged $83 per barrel (b) in 2023, down from $101/b in 2022, a difference of $19/b after rounding. Global markets adjusted to new trade dynamics, with crude oil from Russia finding destinations outside the

In a collaborative effort, Green Instruments A/S, significant maritime stakeholders, and Danish Technological Institute have developed a real-time flue gas sensor technology to accurately measure black carbon emissions from ships.

The sensor technology could potentially become instrumental in meeting the increasing

Straits Energy Resources Berhad, a Bursa Malaysia-listed company, announced today that its subsidiary, Tumpuan Megah Development Sdn Bhd (“Tumpuan Megah”), has been awarded certification from the International Sustainability and Carbon Certification (“ISCC EU”) scheme, paving the way for the Company’s

North America

Bunker demand has slowed in Houston and several other ports along the US Gulf Coast this week. Several bunker buyers have already booked bunkers for deliveries this week ahead of Christmas and year-end holidays, a source says.

Prompt availability remains

The global petrochemical industry – essential to the production of clothing, tyres, detergents, fertilisers, and countless other everyday products – is currently going through a momentous period of transition. Driving this change is a towering wave of new petrochemical plants,

Northwest Europe

All grades remain in tight availability for prompt delivery dates in the ARA hub. Lead times of 5-7 days have been recommended for HSFO and VLSFO, a trader said. A shorter lead times of 4-5 days are recommended for

Economic growth seen in the first three quarters this year in most key economies had been better than expected. With this, the global economic forecast for 2023 is expected at 2.9%. As this robust economic growth is expected to extend