Clean

LR2

After peaking at the end of last week LR2’s in the MEG were recorrected down over the last few days. The TC1 75kt MEG/Japan index dropped from WS151.39 to WS133.61. A TC20 90kt MEG/UK-Continent also shed $325,000 to $3.73m.

West of

Adopting new digital systems to help oceangoing container ships get in line to offload their cargo at busy ports appears to reduce greenhouse gas (GHG) emissions by 16-24 percent, according to researchers at UC Santa Barbara. Not only would this

Solving data fragmentation
Data underpins the success of today's maritime industry, where operational efficiency—the cornerstone of profitability and competitiveness—is increasingly dependent on effective data management. Decisions across all aspects of fleet operations depend on accurate, timely, and actionable information. From

In 2024, liquids supply from countries not participating in the Declaration of Cooperation (non-DoC) is estimated to have increased by 1.3 mb/d to average 53.2 mb/d. Most of the growth came from the US, with liquids production increasing by 0.8

The IMO addresses air pollution through MARPOL Annex VI, regulating sulphur oxides (SOx), nitrogen oxides (NOx), and particulate matter from ships.

Since January 1, 2020, the global sulphur limit for marine fuel was reduced from 3.50% to 0.50% by mass (m/m).

OPEC+ meets on June 1 and the outcome could help determine whether oil prices rebound from their recent sell-off to around four-year lows or fall even further. At their last meeting on May 3, the group reaffirmed its April decision

As the shipping world prepares to descend on Oslo for Nor' Shipping 2025, we take a look at the Norwegian fleet which is currently valued at USD 66.2 bn using VesselsValue data. The following charts highlight the Norwegian fleet breakdown

Previous assessments may have significantly underestimated the climate impact of EU shipping in the Arctic by focusing only on vessels flying EU flags, a new report from the International Council on Clean Transportation (ICCT) finds. The study, Black carbon and

Technology group Wärtsilä's 4-stroke engine-based solution for ammonia fuel now delivers higher than ever levels of efficiency and performance. Following its introduction to the commercial marine sector in November 2023, the ammonia solution has undergone extensive testing to optimise its

Singapore and Malaysia

In Singapore, VLSFO lead times remain stable at 8–15 days amid sluggish demand, according to a source. LSMGO lead times have improved slightly, now ranging from 4–7 days compared to last week’s 5–9 days. HSFO lead times remain