Until 18 December 2023, the Drewry Port Equity Index grew by a modest 1.6% YTD, a stark contrast to the impressive surge of 23.5% seen in the S&P 500 index. During this period, stock prices of Global Terminal Operators (GTOs)

Singapore

In recent weeks, Singapore’s bunker market has encountered challenges, particularly because of some suppliers struggling to meet tight delivery schedules. This predicament has worsened the shortage of VLSFO in the port, causing lead times to extend significantly from just 7-9

Re-routing ships around Africa and away from the Suez Canal following attacks on commercial vessels in the Red Sea adds costs for shipping companies, Fitch Ratings says, but these are likely to be more than offset by rising freight rates

Constantine Logothetis has once again led further investment in UK-listed fuel additives group SulNOx, with second largest investor, Nistadgruppen AS (Nistad), also increasing its holding and a wider group of investors following to back the company’s successful strategy to date.

£1.8m

During Week 51, the MABUX global bunker indices began an upward trajectory, marking the first positive movement in the past five weeks. The 380 HSFO index rose by 11.38 USD: from 508.68 USD/MT last week to 520.06 USD/MT. The VLSFO

ITS Logistics today released the December forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index reveals that operations at ocean terminals throughout the US are running at normal levels and are expected to do so

Northwest Europe

Bunker fuel availability is good in the ARA hub. Lead times of 5-7 days are recommended for HSFO and VLSFO, while comparatively shorter lead times of 4-5 days are recommended for LSMGO, according to a trader.

The ARA’s independently held

Singapore

VLSFO availability has improved in Singapore, with lead times of 7-9 days recommended – down from 12-16 days two weeks ago. Average bunker demand and growing fuel inventories in the port have helped to improve the grade’s availability. However, prompt

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

Baseblue, the marine energy solutions provider, has successfully delivered renewable biodiesel to the Clipper Stad Amsterdam, a three-masted clipper recognised for its design, marking a significant step towards decarbonisation and contributing to a more sustainable maritime industry.

The delivery made by