Clean

LR2

MEG LR2’s have been in notable demand this week, as a result freight levels have spiked. The TC1 75kt MEG/Japan index jumped up 21.67 points to WS151.67 and TC20 90kt MEG/UK-Continent assessment climbed $512,500 to $3.89m with $3.9m reported on

Despite formal restrictions, untracked oil continues to reach global markets, calling into question the true effectiveness of oil sanctions. This column presents a novel ship clustering model to detect ‘dark shipping' – where tankers disable their location signals to evade

On February 25, 2025, the Department of Energy (DOE) issued an Order Granting Request for Rehearing and Clarification and Modifying Order (Order 5233-A) (the Modified Order) clarifying that DOE will no longer consider ship-to-ship transfers of liquified natural gas (LNG)

North America

Bunker fuel availability across all grades in Houston is steady this week, with lead times recommended at under seven days.

Fog conditions remain a concern across several US Gulf Coast ports, with visibility fluctuating due to moderate to high fog

SEA-LNG and its members welcome the ongoing discussions at IMO to establish technical and economic measures to achieve the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. Despite the limited time remaining before MEPC83, we remain confident that

At the end of the 11th week, the global bunker indices MABUX did not have a stable trend and changed in different directions. The 380 HSFO index rose by 6.23 USD: from 495.53 USD/MT last week to 501.76 USD/MT, once

Northwest Europe

Securing very prompt availability of HSFO and VLSFO remains a challenge in Rotterdam and the wider ARA hub. Lead times of 5-7 days are advised for both grades in the port, a trader said. Prompt LSMGO availability is comparatively

China's era of rapid oil fuels growth appears to be at an end

As the Chinese economy and domestic transport sector undergo significant transformations, demand for the most widely consumed oil-based fuels – including gasoline, jet fuel and diesel – declined

The Approvals in Principle granted by American Bureau of Shipping (ABS) and DNV on an independent evaluation basis, come with no show-stopper conditions, affirming the viability and safety of the Pherousa Ammonia Cracking technology onboard ships with PEM Fuel Cells

VLSFO lead times in Singapore vary widely between 3–12 days, compared to last week's recommendation of 5–12 days. Meanwhile, LSMGO lead times have shortened from 5–9 days last week, to 2–4 days now. HSFO supply remains stable, with lead times