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MABUX: Bunker Prices Could Rise in the Coming Week


Over the Week 04, the MABUX global bunker indices continued irregular changes with no clear trend. The 380 HSFO index fell by 2.01 USD: from 504.50 USD/MT last week to 502.04 USD/MT, edging closer to the 500 USD threshold. Conversely,

ENGINE: Europe & Africa Bunker Fuel Availability Outlook


Northwest Europe

LSMGO availability is good in Rotterdam and in the wider ARA hub. Lead times of 2-4 days are generally recommended in the ARA hub, a trader said. For HSFO and VLSFO grades, lead times of 5-7 days are recommended

U.S. monthly dry natural gas production set a new record in December 2023


U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights. In 2023, Lower 48 dry natural

ENGINE: East of Suez Bunker Fuel Availability Outlook



VLSFO availability remains very tight in Singapore despite average demand so far this week. At least seven suppliers are struggling to meet delivery schedules, adding to supply pressure there. Lead times of up to two weeks are recommended for the

Rise in relatively denser crude oil production drives U.S. growth


Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most of the crude oil produced in Texas was relatively dense for the state.

API gravity measures the

Carbon carriage: Risks and opportunities


Carbon capture and storage (CCS) is a long-established technology but its profile has grown as a potentially significant solution to achieve rapid decarbonisation. What are the associated risks and opportunities for the shipping industry?

Traditionally, CCS has most often been used

MAN Cryo Wins Approval for Ammonia Fuel-Supply System


MAN Cryo has announced that its design for an ammonia fuel-supply system to safely provide ammonia to marine-engine applications has been awarded an Approval in Principle from classification societies, DNV and Bureau Veritas.

Part of MAN Energy Solutions and a leading

Tankers: VLCC Market Weakened Last Week




LR’s in the MEG have strengthened this week. The 75kt MEG/Japan TC1 index rose about 48 points to WS200.56 ($49,522 / day TCE round-trip). The 90kt MEG/UK-Continent TC20 run significantly improved, not least of all by the well reported problems

A history of ‘unrealized’ peaks


The idea of oil supply peaking, or so-called peak oil, surfaced as early as the 1880s, with some predicting a looming exhaustion in the US due to the demise of the Pennsylvania oil fields. US and global oil production, however,

Quint-Seal Compliance Note: Know Your Cargo


On 11 December 2023, five US agencies (the Department of Justice, Commerce Department’s Bureau of Industry and Security, Department of Homeland Security’s Homeland Security Investigations, State Department’s Directorate of Defense Trade Controls, and Treasury Department’s Office of Foreign Assets Control)

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