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European refiners may hold the key to scaling green hydrogen

23/08/2025

High costs have kept green hydrogen projects from taking off, but new regulations in the European Union’s (EU) refining sector offers a solution to launching this carbon friendly technology at scale, according to a new Horizons report from Wood Mackenzie.

According

ENGINE: East of Suez Bunker Fuel Availability Outlook 19 Aug 2024

20/08/2025

• Bunker demand low in Zhoushan
• Prompt VLSFO tight in Japanese locations
• VLSFO and LSMGO availability tight in several Indian ports

Singapore and Malaysia
In Singapore, VLSFO deliveries now require lead times of 7–10 days, narrowing slightly from last

VLCC Tanker Market Calms Last Week

18/08/2025

Clean
LR2
LR2 freight in the MEG weakened this week with reports of demand reduced for the size over the last few days. The TC1 75kt MEG/Japan index dropped from WS151.94 to WS144.17. A TC20 90kt MEG/UK-Continent trip also lost

Sulnox Eurasia win targets ships’ slops

18/08/2025

SulNOx, the green fueltech company backed by Idan Ofer and Contantine Logothetis, has secured an important patent for Eurasia in the significant fuel oil reclamation market.

The patent covers Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Turkmenistan.

The intellectual property protected

MABUX: Bunker Outlook, Week 33, 2025

15/08/2025

At the close of Week 33, the global bunker indices MABUX extended their downward movement. The 380 HSFO index dropped by USD 11.71 — from USD 468.61/MT a week earlier to USD 456.90/MT — nearing the USD 450 mark. The

Thailand’s LNG trajectory: balancing growth, supply and sustainability

15/08/2025

Thailand's sustained economic expansion is powering a steady rise in electricity demand, and for now, that means continued reliance on natural gas and LNG. With coal remaining politically unviable and renewables progressing at a slower pace, gas is expected to

ENGINE: Europe & Africa Bunker Fuel Availability Outlook 13 August 2025

14/08/2025

· Prompt LSMGO supplies tight in Istanbul
· Lead times of 8-10 days for all grades in Gibraltar
· Supplies expected to restart at Luanda anchorage this month

Northwest Europe

VLSFO, HSFO and LSMGO supply remains stable in the ARA bunkering hub,

Oil market imbalance set to increase as rising supply outpaces demand growth

14/08/2025

Highlights

  • Global oil demand is projected to increase by 680 kb/d in 2025 and 700 kb/d in 2026, to reach 104.4 mb/d. Despite weaker-than-expected demand in China, India and Brazil in recent months, annual growth of 600 kb/d

Report Highlights Role of Real-Time Monitoring in Keeping Ships Safe by Preventing Machinery Failures

13/08/2025

Machinery failure is one of the leading causes of accidents at sea, and a new study shows that smarter, real-time monitoring could significantly reduce the risk. According to From Data to Action, a report on the topic of high-frequency data

OPEC lifts 2026 oil demand view

13/08/2025

Oil Market Highlights

Crude Oil Price Movements

In July, the OPEC Reference Basket (ORB) value increased by $1.24 month-on-month (m-o-m), to average $70.97/b. The ICE Brent front-month contract dropped by 25¢, m-o-m, to average $69.55/b, and the NYMEX WTI front-month contract dropped

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