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Americas Fuel Availability Outlook

18/11/2023

North America

VLSFO and LSMGO grades are available for prompt delivery dates in Houston. The recent moderate to high fog conditions had affected deliveries earlier in the week. However, calmer weather conditions from Tuesday evening, allowed most suppliers to deliver both

ABS Issues AIP for Innovative FLNG Design from Bumi Armada

18/11/2023

ABS awarded an approval in principle (AIP) to Bumi Armada Berhad (Bumi Armada) for an innovative floating liquefied natural gas (FLNG) infrastructure design.

The new concept incorporates a barge-based liquefaction unit and utilizes existing LNG carriers for storage. ABS completed design

MABUX: Bunker Prices Expected to Trend Upwards Next Week

17/11/2023

Over the Week 46, the MABUX global bunker indices did not have any firm dynamics and showed mixed movements. The 380 HSFO index rose by 7.82 USD: from 530.36 USD/MT last week to 538.18 USD/MT. The VLSFO index, in turn,

Oil Demand at Seasonal Record for 5th Month in Sept – JODI Data

17/11/2023

Global oil demand remained at a seasonal record high for a fifth consecutive month in September, up 2.5 million barrels per day year-on-year, according to the latest data issued by the Joint Organizations Data Initiative on Thursday.

Demand dipped seasonally on

Formula for change: UECC solution for EU ETS gives clients clarity on emission costs

16/11/2023

Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this conundrum

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

16/11/2023

Northwest Europe

In the ARA hub, recommended lead times for HSFO are 5-7 days, and 4-6 days for VLSFO, a trader said.

LSMGO availability has improved in the ARA hub, with prompt delivery dates available, according to the trader. Recommended lead times

ENGINE: East of Suez Bunker Fuel Availability Outlook

15/11/2023

Singapore

Singapore has seen “quiet” demand so far this week, a trader says. VLSFO has been persistently tight in the Southeast Asian bunker hub as some suppliers are facing tight delivery schedules. A source explains this is because terminal loadings have

Global Natural Gas Market Well Supplied For Winter, But Risks Remain, EIA Analysis Finds

15/11/2023

Relatively full natural gas inventories in the United States and Europe and expanded global liquefied natural gas (LNG) export and import capacity have improved the likelihood that global gas supply is sufficient to meet demand in the 2023–24 winter season

Clarksons joins CCSA to help drive CO2 shipping solutions and evolution of the sector

14/11/2023

We’re pleased to announce that Clarksons is now a member of the Carbon Capture & Storage Association (CCSA). With a growing decarbonisation drive, CO2 is coming into much greater focus for the Clarksons Gases division, which has been at the

LNG export capacity from North America is likely to more than double through 2027

14/11/2023

We expect North America’s liquefied natural gas (LNG) export capacity to expand to 24.3 billion cubic feet per day (Bcf/d) from 11.4 Bcf/d today as Mexico and Canada place their first LNG export terminals into service and the United States

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