U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with

Achieving emissions compliance in the Maritime industry can be straightforward, whether for OEM requirements or developing emission control solutions to upgrade systems.

Recognising the complexities of complying with Stage V Inland Waterways regulations, IMO Tier III legislation and global Emission Control

Northwestern Europe

VLSFO and LSMGO supplies in ARA hub ports are tight with lead times of around 5-7 days recommended, a trader told ENGINE. HSFO lead times are around 8-10 days.

The ARA's independently held fuel oil stocks averaged 15% lower in

At an IMO meeting in London, 176 countries must reach an agreement on climate regulations for international shipping. Danish Shipping hopes for an ambitious agreement that will impose requirements on and make it more attractive to sail using alternative green

Singapore and Malaysia

VLSFO lead times in Singapore have shortened to 7–10 days, down from 8–13 days last week. LSMGO availability remains stable, with recommended lead times of 2–4 days. In contrast, HSFO lead times have increased to 7–11 days, up

As far back as 1981, long before the word “sustainable” was ever applied to the protection of the planet, VPS marine fuel quality testing (FQT) service was clearly focused on achieving a sustainable global shipping fleet. Even before the existence

As Fuel EU Maritime regulations come into force, EmissionLink, member of the Columbia Group, is helping shipowners take control of their compliance strategy through accurate emissions tracking, AI-powered insights, and stakeholder-aligned data management. While financial penalties under FuelEU will only

A growing group of African, Caribbean, Latin America and Pacific Island (ACP+) climate negotiators kept universal pricing of shipping emissions on the table at International Maritime Organisation (IMO) technical talks in London on Monday and Tuesday this week. However, there

Clean

LR2
MEG LR2’s levelled off this week. The TC1 75kt MEG/Japan index remained around the WS152.5-155 mark all week and a TC20 90kt MEG/UK-Continent assessment managed to hold a touch under $4m.

West of Suez, Mediterranean/East LR2’s of TC15 index manged

As the International Maritime Organization (IMO) charts a new course for the shipping industry, steering it towards a greener future and a net zero destination close to 2050, maritime has a unique opportunity to become a beacon of sustainable progress.