Constantine Logothetis has increased his stake in Sulnox after the green fueltech company more than doubled revenues in the year to March.

The shipping investor now holds, directly or indirectly, voting rights over 36.6 million Sulnox shares, representing 28.76% of the company.

Singapore and Malaysia

Bunker availability in Singapore has improved this week amid subdued demand. VLSFO lead times have shortened from 9–17 days last week to 6–13 days now, while HSFO lead times have come down to around 5–9 days. LSMGO lead

US Lower 48 tight oil well costs will see pressures from tariffs, but significant increases will be offset by cost deflation elsewhere, particularly in declining prices for proppant, drilling rig and pressure pumping, according to a recent analysis from Wood

OPEC+ policy shift

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy, which has weighed heavily on oil prices. OPEC+ appears to be in the process of moving away from defending prices towards defending

Clean

LR2

MEG LR2’s took a downturn this week. The TC1 75Kt MEG/Japan index dipped from WS123.33 to WS110.56 and a TC20 90kt MEG/UK-Continent lost $231,250 to $3.25 million. West of Suez, Mediterranean/East LR2’s were flat by comparison with market reported as

The maritime sector is at a critical juncture in its journey towards decarbonisation. As global regulations tighten and pressure mounts to reduce greenhouse gas (GHG) emissions, alternative fuels such as e-fuels are emerging as a viable solution. A recent study

North America

In Houston, availability of all bunker fuel grades remains steady, with recommended lead times of 5–7 days.

“Market activity is largely driven by spot demand, particularly for VLSFO and LSMGO,” a source said.

In New York, bunker fuel supply of HSFO

The United States, which currently supplies half of Europe’s liquefied natural gas (LNG) imports and roughly 15% of the continent’s total gas supply, would be disproportionately impacted if current restrictions on Russian gas and LNG were to change, a new

The Mission to Seafarers’ latest edition of its quarterly Seafarers Happiness Index has revealed a steadying in seafarer satisfaction, marking a small rise as the survey enters its 10th year.

The Q1 report shows an overall rise in seafarer happiness to