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Spain detains cargo ship over fuel spill near Ceuta

23/07/2024

Spanish authorities have detained a German-operated cargo ship for causing a spill during a refuelling operation near the Spanish enclave

Iran’s Revolutionary Guards intercepted an UAE managed tanker, Ambrey says

23/07/2024

Iran’s Islamic Revolutionary Guard Corps (IRGC) have intercepted a Togo-flagged, UAE-managed products tanker carrying 1,500 tons of marine gas oil,

FuelEU Maritime is coming. Is your charterparty ready?

23/07/2024
FuelEU Maritime regulations aim to reduce the greenhouse gas intensity of energy used by ships, encourage shore-side electricity and

Asia Fuel Oil-Premiums steady; Southeast Asia tenders underway

23/07/2024

Spot premiums for fuel oil were broadly stable in Asia on Monday, while several Southeast Asian tenders for August cargoes

China delivers world’s first river-sea LNG bunker and transport vessel

23/07/2024

China has delivered the world’s first 14,000 cubic meters liquefied natural gas (LNG) bunkering and transport vessel capable of river-sea

W. Africa Crude-Nigerian Qua offered higher

23/07/2024

Nigerian Qua Iboe crude was offered higher on Monday while the focus in the Angolan market remained on clearing the

Oil tanker that fled collision site is detained in Malaysia

23/07/2024

A tanker that fled the scene of a fiery Friday collision offSingapore entered the area of Malaysia’s Bertam floating oil

Singapore’s maritime decarbonisation centre completes its final marine biofuels trial

22/07/2024

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has completed its final trial of biofuels for powering ships with German container

Positive outlook for bulkers as demand outpaces supply

22/07/2024
Growing global demand for commodities and a sluggish newbuild market up until 2023 have set the stage for bullish

Tankers: VLCC Tanker Market Steady Last Week

22/07/2024

Clean
LR2
LR’s in the MEG we subject to downward pressure this week. The 75Kt MEG/Japan TC1 index dropped 12.78 points to WS160.28. Similarly, for a 90kt MEG/UK-Continent TC20 run freight has come down half a million dollars to $5,230,000.
West of Suez,

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