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MOL Completes Biofuel Bunkering on a Capesize Bulk Carrier for BHP

05/04/2025

Mitsui O.S.K. Lines, Ltd. announced the successful completion of a biodiesel-blended marine fuel (biofuel) bunkering on its capesize bulk carrier, MIDNIGHT DREAM.

In March 2025, the vessel was supplied with about 1,000 tons of biofuel in Singapore, initiating MOL’s first biofuel

Further progress on IMO “Net-Zero Framework” in Working Group

04/04/2025
Member States work to find convergences ahead of talks next week on proposed global regulations to reduce emissions from shipping, at the 83rd session of the Marine Environment Protection Committee (MEPC 83) from 7 to 11 April.

The Intersessional Working

MABUX: Bunker Prices Expected To Remain Balanced Next Week

04/04/2025

At the end of the 14th week, the global bunker indices (MABUX) maintained a moderate upward trend. The 380 HSFO index increased by 5.94 USD, rising from 503.31 USD/MT last week to 508.53 USD/MT, staying above the 500 USD mark.

Europe’s ports are getting ready for the market uptake of new shipping fuels

01/04/2025

Europe’s ports fully support the decarbonisation efforts to be made by shipping companies to get to net-zero by 2050. While it seems that energy efficiency measures, use of onshore power supply and use of transition and renewable/low carbon fuels will

President Trump’s inflation fight could put pressure on oil

01/04/2025

Chris Wright, the US energy secretary, last week explained President Donald Trump’s economic priorities. “He got elected to lower prices for American consumers,” Wright told Bloomberg TV. “You think he’s going to change his mind and say ‘No, I’m in

Tankers: VLCC Market Eased Last Week

31/03/2025

Clean

LR2
MEG LR2’s reached an impasse this week with freight levels ultimately dropping, but only modestly. The TC1 75Kt MEG/Japan index went from WS163.61 to WS153.33. A TC20 90kt MEG/UK-Continent assessment dropped by $243,000 to $3.956m.
West of Suez, Mediterranean/East

IMO policy measures: Ensuring certainty for shipping’s energy transition

31/03/2025

Early adoption of e-fuels is key to avoiding an inefficient energy transition towards zero-emission shipping with costly technology lock-in. E-fuels will likely be the best bet in the long run due to their high emissions reduction potential and scalability. Because

IMO policy progress in April 2025 to influence vessel strategic fuel choices

29/03/2025

The maritime industry is at a critical juncture with clarity expected from the international regulator that will influence long-term energy transition decision-making. Ricardo's total cost of ownership modelling can assist vessel owners with their strategic fuel choices.

Within the EU, there

Impending IMO Summit Must Slash Shipping’s Contribution to Climate Crisis

28/03/2025

Ahead of a hectic two weeks at the International Maritime Organization (IMO), the Clean Shipping Coalition is calling for action from governments on three key fronts to ensure the sector slashes its climate heating impacts:

ISWG-GHG-19 (Intersessional Working Group on Reduction

MABUX: Bunker Prices To Edge Moderately Higher Next Week

28/03/2025

Over the 13th week, the global bunker indices MABUX experienced a moderate upward trend. The 380 HSFO index saw a slight increase of 9.36 USD, rising from 493.49 USD/MT last week to 502.85 USD/MT, surpassing the 500 USD mark. The

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