Lloyd’s Register (LR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) to jointly develop a high-efficiency hybrid propulsion system integrated with Solid Oxide Fuel Cell (SOFC) technology for

North America

Bunker demand in Houston remains sluggish across all fuel grades, with spot premiums being low this week. In the past 24 hours, 75 vessels have arrived, and 134 ships are scheduled to arrive over the next 30 days.

VLSFO and

At the close of Week 23, the global bunker indices published by MABUX showed moderate gains. The 380 HSFO index increased by $4.69, rising from $462.14/MT to $466.83/MT. The VLSFO index climbed by $7.03, reaching $540.60/MT compared to $533.57/MT the

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.

Investment

Union Maritime, a leading provider of smart shipping solutions, announces the upcoming delivery of Brands Hatch, a state-of-the-art new build Long Range 2 tanker, featuring three 37.5m WindWings®, developed by BAR Technologies and manufactured by CMET.

Brands Hatch marks a significant

Northwest Europe

Consistent with the last few weeks, prompt deliveries remain challenging for all grades in the ARA hub. Advised lead times are unchanged at 7-8 days, a trader told ENGINE.

The ARA's independently held fuel oil stocks averaged 2% greater in

Singapore and Malaysia

In Singapore, VLSFO lead times remain steady at 7–14 days, slightly shorter than last week’s recommended range of 8–15 days. LSMGO lead times have widened to 3–10 days, up from the previous 4–7 days. HSFO lead times continue

Auramarine, the leading fuel supply systems pioneer for the marine industry and other sectors, has today announced the launch of its Auramarine Water Content Analyser (AM Water Content Analyser). The technology measures and reports the concentration of water in methanol,

Braskem-Idesa launched its ethane import terminal in Coatzacoalcos, Mexico, adding another demand centre for ethane seaborne trade, which reached 9 million tonnes in 2024. Ethane's exemption from the US–China tariff war and its growing prominence as a petchem feedstock are

Onshore crude oil production in the U.S. Lower 48 states (L48) has more than tripled since January 2010, driven by tight oil production growth in the Permian region. Onshore crude oil production is made up of both legacy oil production,