LNG

It has been another subdued week in the LNG market, although sentiment edged slightly firmer on key routes. Spot earnings

The Iranian regime continues to fuel conflict and instability in the Middle East, disrupting trade flows, developing its nuclear program,

Clean

LR2

LR2 freight in the MEG continued to track downward this week. The TC1 75kt MEG/Japan index dropped from WS143.06 to WS137.5. A TC20 90kt MEG/UK-Continent trip also lost $162,500 of value to $3.85 million, which at time of writing remains

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is further disrupting Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in Iran’s shadow fleet. Margaritis

“K” Line Wind Service, Ltd. (KWS), a joint venture between Kawasaki Kisen Kaisha, Ltd. and Kawasaki Kinkai Kisen Kaisha, Ltd.,

On land, environmental protection is usually well-defined. Parks and reserves have clear boundaries, and it’s easy to tell which places

– Hurricane Erin active along East Coast
– Panama lead times shorten on strong supply
– Argentina's Upriver drought persists

North America
Bunker fuel demand is healthy in Houston, with normal availability across all grades for prompt deliveries. VLSFO and LSMGO

The maritime sector's longstanding reliance on Specific Fuel Oil Consumption (SFOC) and manufacturer power curves to measure fuel efficiency is

• 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