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ENGINE: Americas Bunker Fuel Availability Outlook

25/05/2024

· Good availability in Houston
· Low demand in New York
· Availability remains tight in Rio Grande

North America

Bunker demand has started to pick up again in Houston this week, after subdued demand noted in the previous week. Availability of all grades

World’s first land-based LNG terminal to ease Germany’s energy transition

25/05/2024

Work has started at the Port of Stade to prepare for the opening of the world’s first land-based LNG terminal, the Hanseatic Energy Hub (HEH), in 2027.

Once operational, the €1.6 billion (US$1.7 billion) project will serve as an import terminal,

MABUX: Bunker Outlook, Week 21, 2024

24/05/2024

In Week 21, the MABUX global bunker indices showed irregular changes with no clear trend. The 380 HSFO index decreased by a symbolic 0.13 USD: from 544.26 USD/MT last week to 544.13 USD/MT. The VLSFO index fell by 2.53 USD

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

24/05/2024

· Availability is normal in the ARA
· Subdued bunker demand off Malta
· VLSFO runs dry in Nacala and Maputo

Northwest Europe

Bunker fuel availability is normal in Rotterdam and in the wider ARA hub. Lead times of 3-5 days are recommended to

Dronelab to showcase AI-enhanced pipeline inspection drones at PipelinE & Gas Expo 2024

23/05/2024

Visitors to stand PAD 1. E2 at the Pipeline & Gas Expo in Piacenza Italy 29th–31st May 2024 will discover the future of pipeline inspection, including the new fully customisable AI-enhanced SkyQUBE drone from DroneLab.

DroneLab, a leading European specialist in

MABUX: Bunker Prices Expected to Remain Steady

09/02/2024

Over the 6th week, the MABUX global bunker indices showed a moderate decline. The 380 HSFO index fell by 8.74 USD: from 516.18 USD/MT last week to 507.44 USD/MT, approaching the 500 USD mark. The VLSFO index, also decreased by

Can a single maritime AI research project cut 1% of total global emissions? NAVTOR thinks so

09/02/2024

Pick your jaw up off the floor, as NAVTOR’s Bjørn Åge Hjøllo explains how the Green AI for Sustainable Shipping (GASS) initiative promises to transform the ability of shipowners and operators to slash fuel consumption, emissions and OPEX, ushering in

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

08/02/2024

Northwest Europe

LSMGO availability is good for prompt delivery dates of 2-4 days in the ARA, according to a trader. Longer lead times of 5-7 days are recommended for HSFO and VLSFO grades.
The ARA’s independently held fuel oil stocks averaged 14%

US Federal LNG Permit Halt May Limit Capacity, No Effect on Existing LNG Project Ratings

08/02/2024

The ratings of US liquefied natural gas (LNG) projects, which are all fully operational and/or have secured permits, are not affected by the Biden administration’s recently announced pause in new LNG export project permitting, Fitch Ratings says. However, a longer-term

Suez Canal toll earnings set to continue falling, as vessels re-route around the Cape of Good Hope

07/02/2024

As we enter in to the third month of escalating conflict in Yemen this has prompted significant rerouting of vessels with far-reaching consequences for global trade and transport and the latest trade data from Veson Nautical indicates a notable shift

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