In 2015, a Macquarie Asset Management (MAM)-managed fund, Macquarie Infrastructure Partners III (MIP III), acquired a significant minority stake in Ceres Terminals, a stevedoring provider that owned and operated marine container terminals serving cargo vessel operators across North America.

MAM saw

FuelEU Maritime is part of the EU’s

Solid economic growth trends have continued in recent months, with particularly positive trends recorded in the US, Brazil and Russia. Additionally, Chinese stimulus measures and sustained growth momentum in India have contributed to supporting global economic growth. With these developments,

Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3 million barrels per day (b/d) in November 2024, according to our estimate in the latest Short-Term Energy Outlook (STEO) published

In the second edition of the SMF Fest Confidence Index, published yesterday, biodiesel topped the poll, pushing the 2023 winner, LNG-biomethane, into second place, while LNG e-methane retained its third position in the rankings.

Apart from the three frontrunners, confidence levels

2025 oil surplus

Oil prices have come under a fair amount of pressure this year, with the market worried about demand and the surplus outlook for 2025. Even after a handful of OPEC+ members decided to further delay the return of

Clean
LR2
MEG LR2’s dipped a little this week, however there has been enough enquiry to prevent complete crumbling of the market. TC1 75kt MEG/Japan lost 3.06 points to WS106.94. A trip West on TC20 90kt MEG/UK-Continent shed $212,500 to

In the fourth instalment of our six-part series uncovering the FuelEU Maritime Regulation, we examine the steps required to achieve compliance with the regulatory requirements and review how the adjustment mechanisms of borrowing, banking and pooling work.
COMPLIANCE – What

North America

Bunker fuel availability in Houston remains tight across all grades, despite low demand in recent days, according to a source. Suppliers generally require lead times of 7-9 days for VLSFO and LSMGO deliveries, while HSFO could take more than

The world could not function without crude oil and its associated products. For consumers, it delivers gasoline, diesel and a host of other transportation fuels, and enables the development of plastics, pharmaceuticals, medical supplies and much more. For producers, the