“K” LINE, MOL and NYK Line have started a joint study with Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard, which is a joint venture between Imabari Shipbuilding and JMU, to establish standard specifications and designs for LCO2 carriers.

As the

Singapore and Malaysia

VLSFO availability in Singapore has become more constrained, with several suppliers now recommending lead times of up to two weeks. Some suppliers can accommodate stems in as little as six days, but these stems are usually priced higher,

Technology group Wärtsilä has signed a contract with Norwegian shipowner Eidesvik to supply the equipment for the conversion of an offshore platform supply vessel (PSV) to operate with ammonia fuel. The vessel, ‘Viking Energy’, which is on contract to energy

Clean

LR2

MEG LR2’s saw freight levels weaken again this week. The TC1 rate for 75Kt MEG/Japan dipped 5.28 points to WS130.83 while the 90kt MEG/UK-Continent TC20 voyage fell by $46,498 to $4,128,502. West of Suez, the Mediterranean/East LR2’s were somewhat muted,

North America
Bunker fuel demand has remained slow 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 3-5 days in Houston,

In the insurance dispute MOK Petro Energy FZC -v- Argo (No. 604) Ltd & others (F1) [2024] EWHC 1935 (Comm), the Court has carefully examined the cause and timing of alleged cargo contamination and provided helpful analysis of Sections 10

The looming labor strikes at Canadian railways and U.S. East and Gulf Coast ports are set to cause significant disruptions to North American supply chains. The strikes are expected to create severe operational challenges for the container logistics industry, leading

· HSFO is tight in the ARA
· Supply is tight in Las Palmas
· Low LSMGO demand in Nacala

Northwest Europe

VLSFO and LSMGO availability is normal in Rotterdam and in the wider ARA hub. HSFO availability is slightly tight, a trader said.

Over the Week 34, the MABUX global bunker indices resumed a moderate downward trend.

The 380 HSFO index fell by 6.69 USD: from 529.90 USD/MT last week to 523.21 USD/MT.

The VLSFO index decreased by 13.16 USD (618.36 USD/MT versus 631.52 USD/MT

· VLSFO and HSFO availability remains tight in Singapore
· Several South Korean ports could face weather disruptions
· Bunker demand is low in Fujairah

Singapore and Malaysia

VLSFO availability in Singapore remains tight, with several suppliers advising lead times of 7-13 days, consistent