The leading provider of fleet performance solutions, Oceanly, has conveyed a stern warning that the green fuels push may lead to increased global emissions. As the race to decarbonize the industry focusses on alternative fuels such as hydrogen, ammonia, biofuels,

Singapore and Malaysia

Bunker demand in Singapore has been quiet so far this week, according to a source. Most suppliers are recommending lead times of about 10 days for VLSFO, although some can accommodate deliveries in as little as two days,

As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity problems continue to result in marine engine component damage and high cat fines.

“We expected fuel incompatibility problems and high levels of cat fines to diminish

The last two winters in the Northern Hemisphere were exceptionally mild, keeping global natural gas markets well supplied and balanced at relatively low prices. Prices going into this winter are only slightly higher than last year at the same time

Clean

LR2

MEG LR2’s saw freight levels improve incrementally this week. The TC1 rate for 75kt MEG/Japan added 4.45 points to is value taking the index to WS100.28 while the 90kt MEG/UK-Continent TC20 voyage climbed by $193,813 to $3.04m.

West of Suez, the

North America

Bunker fuel demand has been good in Houston this week and availability of all fuel grades has been good for prompt dates. Most suppliers can offer VLSFO and LSMGO stems with a lead time of 5-7 days in Houston.

VLSFO

The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in Q3 2024. Despite this, steady contract volumes, particularly in the Middle East, were driven

Transport has traditionally propelled economic growth and connected nations. Yet, as a formidable contributor to greenhouse gas (GHG) emissions, accounting for nearly a quarter of energy-related emissions worldwide, the transport sector now finds itself at a crossroads.

According to the latest

Over Week 47, the MABUX global bunker indices exhibited no clear trend and changed irregularly. The 380 HSFO index fell by another 2.13 USD: from 520.62 USD/MT last week to 518.49 USD/MT. The VLSFO index also decreased by 1.26 USD