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Americas Fuel Availability Outlook

03/08/2024

North America

Bunker fuel demand has slowed down in Houston this week, but availability of all fuel grades remains tight for prompt dates. Most suppliers are fully booked for both prompt dates and dates further out, while some can offer VLSFO

Methane slip being eliminated as LNG uptake accelerates

02/08/2024

Industry coalition SEA-LNG has underlined the significant progress being made to eradicate methane slip as uptake of the LNG pathway accelerates. With continued collaborative efforts across the value chain, methane slip will be eliminated for all engine technologies within the

MABUX: Bunker Prices Could Trend Higher Next Week

02/08/2024

Over the 31st week, the the MABUX global bunker indices continued their downward trajectory. The 380 HSFO index fell by another 9.30 USD: from 540.35 USD/MT last week to 531.05 USD/MT, gradually nearing the 500 USD mark. The VLSFO index

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

01/08/2024

Northwest Europe

Securing prompt HSFO and VLSFO stems can be difficult in Rotterdam and the wider ARA hub, two sources said. A trader recommends lead times of 5–7 days for HSFO and 4–6 days for VLSFO. LSMGO availability is relatively better,

ENGINE: East of Suez Bunker Fuel Availability Outlook

31/07/2024

Singapore and Malaysia

In Singapore, the availability of VLSFO has tightened due to several suppliers running low on stocks and limited barge availability. Most suppliers now recommend lead times of 12-22 days for VLSFO, up from 12-18 days last week.

HSFO availability

Fortescue collaborates with COSCO SHIPPING to decarbonise shipping

31/07/2024

Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, the world’s leading shipping company, have signed a non-binding Memorandum of Understanding to work together on decarbonising shipping.

Both companies will collaborate on developing technologies to lower emissions and build

TFG Marine signs agreement with Consort Bunkers for four newbuild methanol carriage bunker tankers

30/07/2024

TFG Marine (“TFG”), the leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, today announced the signing of a long-term time charter agreement with Singapore-headquartered Consort Bunkers for four newbuild methanol carriage-ready bunker tankers. This marks

What is the natural gas futures market?

30/07/2024

The natural gas futures market is a marketplace where standardized contracts for the future delivery of set natural gas volumes are traded. Most natural gas futures are bought and sold in the New York Mercantile Exchange (NYMEX) and the Intercontinental

VLCC Tanker Market Moves to Higher Ground

29/07/2024

Clean

LR2

LR’s in the MEG remained in the doldrums this week. The 75Kt MEG/Japan TC1 index dropped another 11.94 points to WS148.06. Correspondingly, a 90kt MEG/UK-Continent TC20 trip is currently assessed at $4.66m, down from $5.13m.

West of Suez, Mediterranean/ LR2’s on

Chinese ports container volume rises 8.5 % in the first half of a year 2024,Ningbo Containerized Freight Index increase

29/07/2024

In the first half of a year 2024, the container throughput of Chinese ports was 161.8 million TEU, a year-on-year increase of 8.5%. Among them, the container throughput of Shanghai Port in the first half of a year was 25.5

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