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ENGINE: East of Suez Bunker Fuel Availability Outlook

27/11/2024

Singapore and Malaysia

Bunker demand in Singapore has been quiet so far this week, according to a source. Most suppliers are recommending lead times of about 10 days for VLSFO, although some can accommodate deliveries in as little as two days,

Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules

26/11/2024

As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity problems continue to result in marine engine component damage and high cat fines.

“We expected fuel incompatibility problems and high levels of cat fines to diminish

Global natural gas market may experience a tighter supply-demand balance this winter

26/11/2024

The last two winters in the Northern Hemisphere were exceptionally mild, keeping global natural gas markets well supplied and balanced at relatively low prices. Prices going into this winter are only slightly higher than last year at the same time

Product Tankers: Market Improves Slightly

25/11/2024

Clean

LR2

MEG LR2’s saw freight levels improve incrementally this week. The TC1 rate for 75kt MEG/Japan added 4.45 points to is value taking the index to WS100.28 while the 90kt MEG/UK-Continent TC20 voyage climbed by $193,813 to $3.04m.

West of Suez, the

How much does LNG emit before it burns on a ship?

25/11/2024
Oil and gas majors and some shipping companies present liquefied fossil natural gas (LNG) as a cleaner alternative to traditional marine fuels and a transitional fuel in shipping’s decarbonisation journey. While LNG combustion emits fewer local air pollutants and

Americas Fuel Availability Outlook

23/11/2024

North America

Bunker fuel demand has been good in Houston this week and availability of all fuel grades has been good for prompt dates. Most suppliers can offer VLSFO and LSMGO stems with a lead time of 5-7 days in Houston.

VLSFO

Global oil and gas contract value declines despite steady volume in Q3 2024, reveals GlobalData

23/11/2024

The global oil and gas contract activity saw a 35% quarter-on-quarter decrease in total disclosed value from $55.3 billion in Q2 2024 to $35.7 billion in Q3 2024. Despite this, steady contract volumes, particularly in the Middle East, were driven

At COP29, UNECE ICAO and IMO join forces to decarbonize transport

22/11/2024

Transport has traditionally propelled economic growth and connected nations. Yet, as a formidable contributor to greenhouse gas (GHG) emissions, accounting for nearly a quarter of energy-related emissions worldwide, the transport sector now finds itself at a crossroads.

According to the latest

MABUX: Bunker Prices Looking for Direction Next Week

22/11/2024

Over Week 47, the MABUX global bunker indices exhibited no clear trend and changed irregularly. The 380 HSFO index fell by another 2.13 USD: from 520.62 USD/MT last week to 518.49 USD/MT. The VLSFO index also decreased by 1.26 USD

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

21/11/2024

Northwestern Europe

HSFO and VLSFO availability remains tight in Rotterdam and across the wider ARA hub, a trader told ENGINE. Lead times remain unchanged for both grades with 7-10 days recommended for HSFO and 5-7 days for VLSFO. Despite the tightness,

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