Pherousa is the new and simplified name of Pherousa Green Technologies at the same time as Metacon SA, a wholly owned subsidiary of swedish Metacon AB, has signed a new exclusive license agreement with Pherousa for their ammonia cracking technology

Leading bunker trading firm, Glander International Bunkering, has introduced a tool to help users calculate key data for compliance with FuelEU Maritime, which came into effect on January 1, 2025.

FuelEU Maritime aims to reduce carbon emissions in the shipping sector

Singapore and Malaysia

VLSFO availability in Singapore remains tight, with lead times unchanged at 7-11 days. HSFO lead times have increased from 7-9 days last week to 10-12 days, while LSMGO lead times have improved from 5-7 days to 3-6 days.

Adverse

Clean
LR2

MEG LR2’s plateaued and began to fall back down this week. TC1 75kt MEG/Japan was assessed 31.39 points less to WS140 and heading West on TC20 90kt MEG/UK-Continent went from $4.36m to $3.94m.
West of Suez, Mediterranean/East LR2’s of

India's crude imports and subsequent refined product exports remained strong as 2024 ended and that momentum has continued going into January 2025. When further dissecting the underlying data, we were able to identify quite some shuffling of flows – for

North America

Bunker fuel availability in Houston is tight across all grades. High wind gusts and an Arctic Front has caused major delays in barge operations in the port. Suppliers require lead times of at least seven days for prompt deliveries

Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA's latest quarterly Gas Market Report published today.

The report,

The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new study conducted by a European research team in collaboration with the School of Business, Economics

Industry coalition SEA-LNG has published its annual ‘View from the Bridge' report, highlighting 2024 as another year of growth for the LNG pathway.

Analysing data from SEA-LNG members, the report found that global market adoption and growth reached record heights in

Over the 04th week, the MABUX global bunker indices continued a moderate upward movement. The 380 HSFO index increased by 1.92 USD, rising from 537.79 USD/MT to 539.71 USD/MT. Similarly, the VLSFO index climbed by 4.51 USD, reaching 626.15 USD/MT