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Greener Reefers Could Cut 3.74 million tons CO₂e and Reduce Energy Use by 20%

01/05/2025

A full transition to greener refrigerated containers (“reefers”) could reduce greenhouse gas emissions by up to 3.74 million tons of CO₂-equivalent per year, according to a new White Paper developed by the Kuehne Climate Center and GIZ, equivalent to the

Practical guide for approval of ammonia- or hydrogen-fuelled ships

01/05/2025

As the maritime industry moves towards zero-emission operations, ammonia and hydrogen are gradually emerging as suitable ship fuels due to their carbon-free emissions. These new fuels require a change of mindset in terms of design, operations and crew competence, all

East of Suez Fuel Availability Outlook

30/04/2025

Singapore and Malaysia

Bunker availability in Singapore has improved. VLSFO lead times have shortened from 6–18 days last week to 7–10 days now, while HSFO lead times have decreased from 7–11 days to 6–9 days. LSMGO remains readily available, with recommended

U.S. imports of major transportation fuels decreased in 2024

30/04/2025

U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8 million b/d. Imports of all major transportation fuels, such as motor gasoline, diesel, and jet fuel, as well as other products, such as

New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

29/04/2025

From May, the Mediterranean Sea is becoming the fifth Emission Control Area (ECA) globally, following the Baltic, North Sea, North America and the US Caribbean Sea. New requirements for bunker usage in the area will disrupt fuel oil demand in

Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers

29/04/2025

Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being produced by Vitol’s refinery in Fujairah – a 100kbd refinery producing finished grade bunker fuel – and will, in due course, be marketed in multiple

VLCC Tankers on the Rise Last Week

28/04/2025

Clean

LR2

MEG LR2’s improved modestly this week. The TC1 75kt MEG/Japan index ticked up from WS117.22 to WS126.67 and a TC20 90kt MEG/UK-Continent held flat around the $3.5m.

West of Suez, Mediterranean/East LR2’s remained sedate with the TC15 index dipping $35,000 to

Panama Canal levels up

28/04/2025

With higher water levels, improved transit conditions and a forward-looking strategy, the Panama Canal is making a strong recovery from the worst drought in its 143-year history.

Alexei Oduber square
Nearly two years have passed since the Panama Canal Authority cut

Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?

26/04/2025

Cashew Nut Shell Liquid – Background

As demand grows from all modes of transportation for low-to-zero carbon fuels, to support efforts in complying and achieving numerous environmental legislation leading to global decarbonisation, many alternative fuel sources are being considered. One of

Odfjell completes first near carbon-neutral transatlantic voyage using sails and biofuel, saving five tons of fuel every

26/04/2025

Odfjell's chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel. This milestone voyage proves how existing technologies and fuels can be paired to accelerate deep-sea shipping's transition

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