This week sees the review, at the eighty-second meeting of the Marine Environment Protection Committee (MEPC82), of the IMO’s Carbon Intensity Indicator (CII) – notably of its capacity to accurately and reliably evaluate the GHG performance of certain types of

The past year been a challenging one for Panama.

Following the most severe drought period in more than 75 years, water levels in Lake Gatun, which feeds the Panama Canal dropped by more than 10%.
According to data from the Panama Canal

In the first 9 months of this year, 43 supertankers (13 VLCCs and 30 Suezmaxes) switched to carrying clean products. This is owing to a surge of LR East-to-West of Suez freight rates due to the Red Sea attacks, which

Clean
LR2
LR’s in the MEG continued their upward track this week albeit in a somewhat restrained fashion. TC1 climbed 6.64 points taking the index to WS147.78. For a voyage to the west on TC20 the index rose a modest 78,000 to

The 10th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 10) was held from 16 to 20 September 2024. CCC 10 agreed on interim guidelines for use of ammonia as fuel, completed the review of the

North America

Florida ports are facing disruptions as Hurricane Helene approaches, prompting the US Coast Guard to shut down operations at Tampa and Jacksonville. The storm, which may reach Category 4, is expected to bring a catastrophic storm surge near Florida’s

During the Week 39, the MABUX global bunker indices experienced moderate growth. The 380 HSFO index rose by USD 8.33: from USD 503.94/MT last week to USD 512.27/MT, staying close to the USD 500 mark. The VLSFO index increased by

As the Global Maritime Forum releases its 2024 report, “Climate Action in Shipping: Progress toward Shipping’s 2030 Breakthrough”, warning that the shipping industry is falling behind on its decarbonisation targets, BAR Technologies, a Wind Propulsion leader and an innovative simulation-driven

A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expert at iDefossilise, concludes that the FuelEU Maritime Regulation and EU Emissions Trading System (ETS) will create a level playing field for bio-

Northwest Europe

Prompt LSMGO availability has tightened in the ARA hub amid barge loading delays at oil terminals, three sources said. Most suppliers are no longer in a position to offer prompt deliveries, as their barges have been held up for