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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

21/11/2024

Northwestern Europe

HSFO and VLSFO availability remains tight in Rotterdam and across the wider ARA hub, a trader told ENGINE. Lead times remain unchanged for both grades with 7-10 days recommended for HSFO and 5-7 days for VLSFO. Despite the tightness,

Green corridors grow by 40% worldwide, but face a “feasibility wall”, says Global Maritime Forum report

20/11/2024

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – have rapidly expanded in popularity worldwide, but progress could stall without urgent action from governments to overcome a “feasibility

ENGINE: East of Suez Bunker Fuel Availability Outlook

20/11/2024

Singapore and Malaysia

VLSFO availability has tightened, with lead times now at 6-11 days, compared to last week's 2-8 days.

HSFO supply has also become more constrained, with lead times increasing from 4-8 days last week to 9-13 days. LSMGO now requires

OSM Thome rolls out Kaiko Systems to streamline inspections across entire fleet

19/11/2024

OSM Thome, a global leader of technical, crew and marine services to the offshore and maritime industry, has signed an agreement with Kaiko Systems, a pioneer in mobile-first, AI-powered ship inspection technology.

The scope of this agreement is to deploy Kaiko

Houlder highlights ‘uncertainty dilemma’ stalling shipping’s decarbonization

19/11/2024

A qualitative survey of shipowners conducted by design and engineering consultancy, Houlder, has highlighted that uncertainty is perceived by shipowners as hindering shipping’s energy transition.

Many ship owners recognised an ‘uncertainty dilemma’ – where decarbonisation choices remain highly uncertain, but that

Tankers: VLCCs Show Strong Rebound

18/11/2024

Clean
LR2
LR’s in the MEG have not had an easy week with plenty of available tonnage. The 75kt MEG/Japan TC1 index bubbled around the WS95 level. The 90kt MEG/UK-Continent TC20 run to the UK-Continent did, however, suffer after several

Biofuels Can Help Maritime Industry Lower Carbon Intensity

18/11/2024

Hui Ling Chern is excited about how biofuels can help lower the lifecycle carbon intensity of the maritime industry.

Hui Ling is a Singapore-based Chevron biofuels trader. And she's a proud member of the team that is working to help make

LR announces partnership with SHI for floating production and storage system for green ammonia

16/11/2024

Lloyd's Register (LR) has signed a Memorandum of Understanding with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia.

The FPSO process has been widely used in the oil and

Americas Fuel Availability Outlook

16/11/2024

North America

Bunker fuel demand has remained slow in Houston this week. Availability remains strong and most suppliers can offer VLSFO and LSMGO stems for prompt dates with 5-7 days of lead time.

In Bolivar Roads, VLSFO and LSMGO are also readily

MABUX: Bunker Prices Could See More Sideways Action Next Week

15/11/2024

In Week 46, the MABUX global bunker indices shifted back to a moderate downward trend. The 380 HSFO index fell by 7.39 USD: from 529.79 USD/MT last week to 522.40 USD/MT. The VLSFO index decreased by 8.09 USD (601.05 USD/MT

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