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Tankers: VLCCs Face Another Quiet Week

05/06/2023

Clean

LR2

MEG LR2’s have suffered from relatively little activity this week, exacerbated by a short week in Singapore. Freight levels have been level with TC1 stable in the mid WS140’s and a trip west on TC20 dipped $178,000 to $3,942,000.

West of

Level playing field between EU ports and within the maritime logistics chain must remain high on the agenda of policy ma

05/06/2023

The importance of harmonized implementation of “Fit for 55” proposals and more particularly AFIR, as a means to guarantee a real playing field between EU ports has been extensively debated during FEPORT General Assembly meeting held on June 2nd, 2023,

Americas Fuel Availability Outlook

03/06/2023

North America

Bunker demand in Houston is said to have slowed this week after growing steadily in the recent weeks.

Availability of VLSFO and LSMGO grades in Houston have improved this week. Some suppliers are able to deliver the grades with 4-5

Report Oil Gas & LNG Decarbonization Investment & Capital Divestment Asia China India Asia-Pacific lags global oil an

03/06/2023

Climate and environmental considerations are increasingly a key component of investment decision-making. Not just by corporates but by the financial sector, too. So much so that most of the world’s major banks and institutional investors have policies to exit or

MABUX: Bunker Prices To Decline Moderately Next Week

02/06/2023

The global MABUX bunker indices displayed a consistent downward trajectory by the end of the 22nd week. The 380 HSFO index decreased by 9.38 USD, falling from 487.89 USD/MT in the previous week to 478.51 USD/MT, and remaining consistently below

Europe & Africa Fuel Availability Outlook

02/06/2023

Northwest Europe

VLSFO supply is said to be tight for prompt dates in the ARA ports. Lead times of at least five days are generally recommended to ensure full coverage from suppliers. Product loading delays at some terminals have largely contributed

New report of 373 pilot projects reveals highly collaborative approach to decarbonising shipping

01/06/2023

A new report from the Global Maritime Forum has identified 373 pilot projects globally focusing on ship technology, fuel production, bunkering, and infrastructure solutions that can immensely help shipping’s transition to a zero-emission future.

The fourth edition of the ‘’Mapping of

East of Suez Fuel Availability Outlook

01/06/2023

Singapore

Singapore has been witnessing average demand so far this week. Prompt availability is tight for all grades in the bunker hub.

VLSFO and HSFO require lead times of 9-11 days and 7-12 days, respectively – up from 8-9 days and 6-10

Methanol Institute publishes first complete guide to methanol as a marine fuel

31/05/2023

The Methanol Institute (MI) has published the first comprehensive guide to methanol as a marine fuel. As the shipping industry continues its transition towards net carbon neutral operations, owners are increasingly choosing methanol as a fuel that can help them

NAPA, Norsepower and Sumitomo study finds average CO2 emissions reduction potential of up to 28% using rotor sails and v

31/05/2023

Joint simulation project among NAPA, Norsepower and Sumitomo analyzes benefits of combining wind propulsion with voyage optimization to deliver maximum emissions reduction potential

Helsinki, Finland, 30 May 2023 – NAPA, a maritime software and data services expert, Norsepower, the global provider

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