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
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
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 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
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 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
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
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 – 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'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