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Maran Dry Management Takes a Pioneering Position in Decarbonisation

18/11/2022

Maran Dry Management Inc., the prominent dry bulk shipping unit of the Angelicoussis Group, has signed a Joint Development Project (JDP) agreement with Class Society RINA and Chinese designer SDARI for a new bulk carrier which will meet IMO 2050

ENGINE: Americas Bunker Fuel Availability Outlook

18/11/2022

North America

VLSFO and LSMGO availability is normal in the Houston area and off the US Gulf Coast, but can be tight for very prompt dates (0-3 days) in Houston. The earliest delivery dates with a supplier are about five days

EU ports still recovering from pandemic disruptions

17/11/2022

Following a significant 45% fall in the number of passengers embarking and disembarking in EU ports in 2020 (compared with 2019), 2021 was more positive, with data showing a partial recovery.

Compared with 2020, the number of passengers increased by 16%,

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

17/11/2022

Northwest Europe

Availability of VLSFO and LSMGO is said to be normal in Rotterdam and other ports in the ARA hub, sources say. Several suppliers can offer very prompt deliveries of LSMGO in the region. Recommended lead times for LSMGO and

FuelBoss online LNG bunkering platform proves its worth in practice

16/11/2022

DNV unveiled its common industry digital platform for LNG bunkering in early 2020. The tool connects LNG fuel suppliers and customers and is designed to make the process from ordering to delivery as seamless as possible. Maritime Impact caught up

ENGINE: East of Suez Bunker Fuel Availability Outlook

16/11/2022

Singapore

Prompt VLSFO and LSMGO availability has tightened in the Singapore bunker market. Recommended lead times for VLSFO have gone from 7-9 days last week to 10-11 days now. LSMGO lead times have gone from 7-10 days to 9-12 days.

HSFO availability

Ocean 20: Powering a sustainable ocean for a buoyant global economy

15/11/2022

There has never been a better – and more urgent – time for building resilient growth based on the foundations of a sustainable ocean economy. That moment has come for G20 countries, coinciding with the Leaders’ Summit in Bali during

OPEC Revises Down Oil Demand Growth

15/11/2022

Crude Oil Price Movements The OPEC Reference Basket (ORB) fell m-o-m by $1.70, or 1.8%, in October to average $93.62/b. The ICE Brent front-month rose $3.02, or 3.3%, to average $93.59/b, while NYMEX WTI increased by $3.23, or 3.9%, to

Producing future marine fuels – opportunities for all

14/11/2022

Developing countries are looking to seize the opportunities that decarbonizing shipping presents. “We need to prioritize decarbonization of hard-to-abate sectors like shipping,” said Mr. James Mnyupe, Presidential economic adviser, Namibia, speaking during a side event at the United Nations climate

Tankers: VLCCs Reach Higher Ground

14/11/2022

Clean
The Middle East Gulf has been stable this week with some minimal fluctuations. On the LR2s TC1 bottomed out at WS161 midweek, down from WS179, and has then resurged back up to WS165.63 with end of week reports of

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