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,

To align with the latest revision of the ESP Code (as amended by IMO Res. MSC.525(106)) and IACS Unified Requirements (UR Z10.1/.2/.4/.5), DNV has updated the periodical survey requirements. These new requirements will be in force for surveys commenced on

North America
Earlier this week, Houston and other US Gulf Coast ports removed all port restrictions, allowing barge traffic to move both ways, according to a source. Since many loaded tankers and bunker barges were unable to leave oil terminals last

Russian seaborne crude exports have sharply declined in the first two weeks of July, reaching 2.7mbd, the lowest since December 2022. As Russia’s domestic refineries ramp up to meet summer seasonal demand, a decline in exports during this time of

Owners are shifting to dual fuel systems in order to achieve net-zero emissions and comply with current environmental standards in the maritime sector and utilising the Fleet Database feature of the VesselsValue platform, we examine the annual deliveries of Dual

Over Week 29, the MABUX global bunker indices continued moderate downward movement. The 380 HSFO index fell by 2.58 USD, from 557.31 USD/MT last week to 554.73 USD/MT, remaining in the range of 550-560 USD. The VLSFO index decreased by

SulNOx, the green fueltech group active in shipping, mining and road transport, has concluded a successful extended trial with Caspian Marine Services B.V.

The UK-listed company, which helps industry reduce emissions, lower fuel costs and meet sustainability targets, supplied two CMS

Northwest Europe
Prompt supply of HSFO has been tight in Rotterdam since last week, according to a trader. The availability of the high-sulphur grade is tight because of delays in the arrival of replenishment cargoes. Lead times of 5–7 days are

Solutions must be in place to help ship owners with navigating the complex challenges of complying with the new FuelEU Maritime regulations, says Columbia Group.

The introduction of Fuel EU Maritime restrictions that will enforce a reduction of carbon intensity levels

• Bunkering disrupted in weather-exposed Zhoushan
• Bunker demand is low in South Korean ports
• LSMGO supply good across Omani ports

Singapore and Southeast Asia
In recent weeks, lead times for VLSFO have fluctuated significantly in Singapore, with most suppliers now suggesting up