Clean
LR2
LR2’s in the MEG came back under downward pressure this week, with several reports of demand easing up. TC1 dropped 13.05 points to WS120.28 mark (A Baltic TCE of around $22,000 / day). Meanwhile, a run to the

The drive to decarbonize shipping requires robust safety measures to protect the lives of seafarers dealing with novel technologies and alternative fuels.

Delegates representing the global maritime community gathered in Barcelona, Spain for the World Maritime Day Parallel Event (20 –

North America

Bunker fuel demand has been strong 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

Be prepared for policy disruption

The US has long been subject to material policy inconsistency through presidential election cycles. Most recently, the Biden administration reversed a series of Trump-era energy and climate policies, signed into law the landmark Inflation Reduction Act

This morning, the European Sea Ports Organisation (ESPO) unveiled its annual ESPO Environmental Report 2024 – EcoPortsinSights 2024 during the GreenPort Congress hosted by HAROPA PORT in Le Havre. ESPO’s Environmental Report is a cornerstone of the EcoPorts initiative, designed

During Week 43, the MABUX global bunker indices showed a sustained upward trend. The 380 HSFO index rose by 10.56 USD: from 527.39 USD/MT last week to 537.95 USD/MT. The VLSFO index increased by 8.41 USD (615.37 USD/MT versus 606.96

Northwest Europe

All bunker grades remain tight for prompt deliveries in Rotterdam and in the wider ARA hub. Availability has tightened further this week, stretching out lead times from 5–7 days to 7–10 days now. Several bunker suppliers continue to experience

Escalating tensions in the Middle East are once again set to increase global liquefied natural gas (LNG) prices, which raises questions on whether it is a good bridge fuel to the transition to clean energy, especially for importers like India,

Amasus, one of Europe’s leading players in the shortsea, bulk, general cargo, offshore and heavy lift segments, has signed a fresh eSAIL® (suction sail) contract with Spain’s bound4blue. Under the new agreement, a 22-meter unit will be retrofitted on a

Singapore and Malaysia

VLSFO availability in Singapore remains tight, with recommended lead times of around 13 days. Some suppliers can accommodate stems with shorter lead times of about four days, but these are usually priced higher.

Similarly, HSFO supply is limited, with