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OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)

02/09/2025

OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industry’s most comprehensive benchmark for tracking FuelEU pooling prices. Published monthly, the OPX reflects the average cost of compliance surplus in euro per ton of CO2e, and

The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future

02/09/2025

The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a strategic joint venture to co-own and operate a new fleet of high-specification LNG bunkering vessels. This initiative marks a significant milestone in The Caravel Group's long-standing partnership

Tankers: VLCC Market Dips Slightly

01/09/2025

Clean
LR2
LR2 freight in the MEG was steady with modest improvement this week. The TC1 75kt MEG/Japan index climbed from WS140 to WS147.5. A TC20 90kt MEG/UK-Continent trip also ticked up $12,500 of value to $3.93 million. West of

The Energy-Efficient Route to Maritime Decarbonization

01/09/2025

Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse gas regulations. In April 2025, the International Maritime Organization (IMO) introduced a new landmark decarbonization framework, slated for adoption in

Furetank launches company for trading emission reductions in shipping

30/08/2025

The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker shipping company Furetank is now taking the lead, reducing its own emissions to a fraction through biogas operations and launching

Americas Fuel Availability Outlook

30/08/2025

North America
Bunker fuel demand in the Americas has remained steady, with no sharp spikes in growth or slump. The US East Coast has seen a small influx in demand over the past week, a bunker trader told ENGINE.

Bunker fuel

MABUX: Bunker Prices Expected to Increase Mildly Next Week

29/08/2025

At the close of the 35th week, the global bunker indices MABUX showed a moderate upward trend. The 380 HSFO index rose by USD 8.97, moving from USD 452.43/MT the previous week to USD 461.40/MT, surpassing the USD 460 mark.

The Real Cost Advantage in Oil and Gas

29/08/2025

In a stable market environment, oil and gas operators with strategic procurement and supply chain capabilities typically achieve a cost advantage of 4% to 8% over their peers. But in today's volatile environment, the advantages are amplified. We estimate that

Tankers: India crude imports to rebound in September and October

28/08/2025

India’s crude imports are projected to fall by 0.3mbd m-o-m to 4.3mbd in August. Based on 9-year seasonal trends, arrivals of crude into India are typically the lowest in August. Domestic demand for gasoline and diesel used in road transport

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

28/08/2025

Northwest Europe
VLSFO, HSFO and LSMGO fuel grades are readily available in ARA, with buyers advised to enquire 5-7 days ahead of delivery to get good coverage from suppliers, a trader told ENGINE.
ARA's independently held fuel oil stocks have

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