By the end of the 17th week, the global bunker indices published by MABUX continued a moderate upward correction. The 380 HSFO index increased by 6.68 USD, rising from 463.50 USD/MT the previous week to 470.18 USD/MT, gradually approaching the

The European Investment Bank (EIB) will provide advisory support to Growthfund, Greece’s National Investment Fund, to help strengthen the climate resilience of key Greek ports. This initiative will focus on conducting Climate Risk and Vulnerability Assessments (CRVAs) for the ports

BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade,

Northwest Europe

After the Easter weekend, LSMGO is the only grade that is readily available in the ARA hub with recommended lead times of 3-5 days, a trader told ENGINE. Prompt supply for both HSFO and VLSFO is tight, with recommended

The recent escalation in the US-China tariff war will have a deep impact on LPG shipping as the US-China LPG trade accounts for 14% of the global LPG seaborne trade and 55% of the global ethane trade. The latest round

Singapore and Malaysia

In Singapore, VLSFO lead times currently vary significantly, ranging from 6-18 days. This is a notable shift from last week, when most suppliers recommended lead times of 8-12 days. HSFO lead times have also widened, now at 7-11

The Marine Environment Protection Committee (MEPC) met for its 83rd session in person at IMO Headquarters in London (with remote participation enabled) from 7 to 11 April 2025. The meeting was chaired by Dr. Harry Conway (Liberia), with Mr. Hanqiang

Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, driven largely by the impact of conflict in the Red Sea.

The data, released by Xeneta and Marine Benchmark this week, is a timely reminder that, while

Fitch Ratings has reduced its Brent and WTI oil price assumptions for 2025, reflecting lower economic growth due to the trade war and higher-than-expected production increases by OPEC+ planned for May. Medium-term and mid-cycle oil and all gas price assumptions

Northwestern Europe

HSFO and LSMGO supplies in the ARA are normal, while VLSFO supply remains tight, a trader told ENGINE. However, securing very prompt delivery of HSFO can be difficult in the hub, with recommended lead times of 8-10 days. Lead