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US tight oil to face higher costs from tariffs, but significant increases offset from deflation elsewhere

13/05/2025

US Lower 48 tight oil well costs will see pressures from tariffs, but significant increases will be offset by cost deflation elsewhere, particularly in declining prices for proppant, drilling rig and pressure pumping, according to a recent analysis from Wood

OPEC+ policy shift clashes with demand uncertainty

13/05/2025

OPEC+ policy shift

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy, which has weighed heavily on oil prices. OPEC+ appears to be in the process of moving away from defending prices towards defending

Managing the safe use of ammonia as a marine fuel

12/05/2025
As ammonia gains traction as an alternative marine fuel, increasing attention is being given to the stringent handling requirements necessary for its safe adoption. Together with industry partners, also contributing with long-term experience in handling ammonia safely, DNV has

Tankers: VLCC Market Retreated Last Week

12/05/2025

Clean

LR2

MEG LR2’s took a downturn this week. The TC1 75Kt MEG/Japan index dipped from WS123.33 to WS110.56 and a TC20 90kt MEG/UK-Continent lost $231,250 to $3.25 million. West of Suez, Mediterranean/East LR2’s were flat by comparison with market reported as

The role of e-fuels in Maritime decarbonisation: insights from the New Energies Coalition study

12/05/2025

The maritime sector is at a critical juncture in its journey towards decarbonisation. As global regulations tighten and pressure mounts to reduce greenhouse gas (GHG) emissions, alternative fuels such as e-fuels are emerging as a viable solution. A recent study

ENGINE: Americas Fuel Availability Outlook

10/05/2025

North America

In Houston, availability of all bunker fuel grades remains steady, with recommended lead times of 5–7 days.

“Market activity is largely driven by spot demand, particularly for VLSFO and LSMGO,” a source said.

In New York, bunker fuel supply of HSFO

Changing Restrictions on Russian Gas to Europe Would Disproportionately Impact US LNG Exports, New S&P Global Commodity

10/05/2025

The United States, which currently supplies half of Europe’s liquefied natural gas (LNG) imports and roughly 15% of the continent’s total gas supply, would be disproportionately impacted if current restrictions on Russian gas and LNG were to change, a new

Aging vessels push crew to the limit as Seafarers Happiness Index hits 10-year milestone

09/05/2025

The Mission to Seafarers’ latest edition of its quarterly Seafarers Happiness Index has revealed a steadying in seafarer satisfaction, marking a small rise as the survey enters its 10th year.

The Q1 report shows an overall rise in seafarer happiness to

MABUX: Bunker Prices Expected to Trend Upwards Next Week

09/05/2025

At the end of Week 19, the MABUX Global bunker indices showed a downward trend. The 380 HSFO index dropped by 16.81 USD, falling from 459.28 USD/MT to 442.47 USD/MT and breaking below the 450.00 USD threshold. The VLSFO index

IMO midterm measures to add 80% premium to bunker costs by 2035 says MSI

08/05/2025

Maritime Strategies International, a leading provider of maritime and energy research, consultancy and forecasting, has released MSI SEASCAPE, an integrated platform for market analysis, vessel performance and asset valuation.

Analysis performed by MSI using data from the new platform has given

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