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Tanker Weekly Monitor: Shift in CPC Crude Exports Towards Suezmax Utilisation

19/05/2025
The 2025 outlook for crude oil exports from the CPC terminal at Novorossiysk indicates a decisive structural shift toward

VLCCs Edge Higher Last Week

19/05/2025

Clean

LR2

LR2’s in the MEG saw a welcome upturn this week. The TC1 75kt MEG/Japan index jumped from WS112.78 to WS141.67 taking the Baltic TCE for the run up over the $30,000/day round trip. A TC20 90kt MEG/UK-Continent also climbed by

Estonia says Russia sent jet after attempt to stop sanction-breaking ship

19/05/2025

Estonia said that Moscow had briefly sent a military jet into Nato airspace over the Baltic Sea during an attempt

ISSA Strengthens Sustainability Commitment Through Green Marine Partnership and IMEF Engagement

18/05/2025

The International Shipsuppliers & Services Association (ISSA) has taken two major steps forward in its environmental and sustainability journey by

New Lloyd’s Register report simplifies complex regulatory landscape

17/05/2025
A new Lloyd’s Register report outlines the upcoming changes to mandatory statutory regulations and instruments.

A comprehensive suite of new

Szczecin Declaration: Competitiveness of European shipping at the centre of EU maritime industrial strategy

17/05/2025

EU ministers signed this week the Szczecin Declaration on the EU maritime industrial strategy during the 11th International Maritime Congress

HSFO cracks jump but spot benchmarks capped

17/05/2025

Cracks for high sulphur fuel oil (HSFO) hit fresh highs in Asia on Friday, though spot benchmarks remained capped.

The 380-cst

ZeroNorth and Veracity by DNV launch end-to-end emissions reporting and verification service for the maritime industry,

17/05/2025

As regulatory requirements tighten, maritime operators face growing demands for emissions transparency and reporting integrity. At the same time, poor data quality remains an industry-wide challenge. The new offering combines ZeroNorth’s Vessel Reporting and Emissions Analytics platform with the Veracity

Americas Fuel Availability Outlook

17/05/2025

North America

Bunker demand in Houston has been slow at the start of May. VLSFO and LSMGO are available for prompt

Russia may use military force to protect shadow fleet, Estonia warns

17/05/2025

Moscow is using ageing vessels in an effort to dodge international sanctions on its oil exports.

Estonia has warned that Russia

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