Clean
LR2
MEG LR2’s gradually softened this week. The TC1 75kt MEG/Japan index dropped from WS250 to WS130.28 and a TC20 90kt MEG/UK-Continent was also assessed $271,000 lower at $3.73m.
West of Suez, Mediterranean/East LR2’s remained dormant with the TC15

As a meeting of the International Maritime Organization's (IMO) Marine Environment Protection Committee (MEPC 83) closes today, the Clean Arctic Alliance welcomes member states' approval of a proposal for a new North-East Atlantic emission control area, scheduled to enter into

After many years of negotiations, the International Chamber of Shipping (ICS) welcomes the agreement Friday at the United Nations’ International Maritime Organization (IMO), the shipping industry’s global regulator, of a critically important package of new greenhouse gas (GHG) emissions reduction

The UN’s International Maritime Organization (IMO) has agreed on a key climate policy for global shipping–including pricing of emissions–aimed at delivering on the 2023 Revised Strategy goals: an equitable transition to net-zero by/around 2050.

This follows a vote in the MEPC

At the end of the 14th week, the global bunker indices (MABUX) maintained a moderate upward trend. The 380 HSFO index increased by 5.94 USD, rising from 503.31 USD/MT last week to 508.53 USD/MT, staying above the 500 USD mark.

U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with

Achieving emissions compliance in the Maritime industry can be straightforward, whether for OEM requirements or developing emission control solutions to upgrade systems.

Recognising the complexities of complying with Stage V Inland Waterways regulations, IMO Tier III legislation and global Emission Control

Northwestern Europe

VLSFO and LSMGO supplies in ARA hub ports are tight with lead times of around 5-7 days recommended, a trader told ENGINE. HSFO lead times are around 8-10 days.

The ARA's independently held fuel oil stocks averaged 15% lower in

At an IMO meeting in London, 176 countries must reach an agreement on climate regulations for international shipping. Danish Shipping hopes for an ambitious agreement that will impose requirements on and make it more attractive to sail using alternative green

Singapore and Malaysia

VLSFO lead times in Singapore have shortened to 7–10 days, down from 8–13 days last week. LSMGO availability remains stable, with recommended lead times of 2–4 days. In contrast, HSFO lead times have increased to 7–11 days, up