Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being produced by Vitol’s refinery in Fujairah – a 100kbd refinery producing finished grade bunker fuel – and will, in due course, be marketed in multiple

Clean

LR2

MEG LR2’s improved modestly this week. The TC1 75kt MEG/Japan index ticked up from WS117.22 to WS126.67 and a TC20 90kt MEG/UK-Continent held flat around the $3.5m.

West of Suez, Mediterranean/East LR2’s remained sedate with the TC15 index dipping $35,000 to

With higher water levels, improved transit conditions and a forward-looking strategy, the Panama Canal is making a strong recovery from the worst drought in its 143-year history.

Alexei Oduber square
Nearly two years have passed since the Panama Canal Authority cut

Cashew Nut Shell Liquid – Background

As demand grows from all modes of transportation for low-to-zero carbon fuels, to support efforts in complying and achieving numerous environmental legislation leading to global decarbonisation, many alternative fuel sources are being considered. One of

Odfjell's chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel. This milestone voyage proves how existing technologies and fuels can be paired to accelerate deep-sea shipping's transition

By the end of the 17th week, the global bunker indices published by MABUX continued a moderate upward correction. The 380 HSFO index increased by 6.68 USD, rising from 463.50 USD/MT the previous week to 470.18 USD/MT, gradually approaching the

The European Investment Bank (EIB) will provide advisory support to Growthfund, Greece’s National Investment Fund, to help strengthen the climate resilience of key Greek ports. This initiative will focus on conducting Climate Risk and Vulnerability Assessments (CRVAs) for the ports

BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade,

Northwest Europe

After the Easter weekend, LSMGO is the only grade that is readily available in the ARA hub with recommended lead times of 3-5 days, a trader told ENGINE. Prompt supply for both HSFO and VLSFO is tight, with recommended

The recent escalation in the US-China tariff war will have a deep impact on LPG shipping as the US-China LPG trade accounts for 14% of the global LPG seaborne trade and 55% of the global ethane trade. The latest round