Northwest Europe

HSFO supply has tightened in Rotterdam and in the wider ARA hub, with traders recommending lead times of 5-7 days, up from 3-5 days last week. Some suppliers are unsure when the replenishment cargoes will arrive to ease supply

Classification society DNV has published updates to its rules for classification of ships and offshore structures. In addition to rules supporting the development and deployment of decarbonization technologies, the new in-operation class notations seek to bring clarity to the responsibilities

Singapore and Malaysia

In Singapore, the immediate availability of VLSFO (0–2 days) remains limited despite average demand. Most suppliers are now suggesting lead times ranging from 7–11 days for this grade. The supply of prompt HSFO is also tight, with lead

There is an urgent need for universal methane measurement standards and regulatory frameworks to drive adoption of technologies reducing methane emissions from ships, according to the Methane Abatement in Maritime Innovation Initiative (MAMII).

MAMII has issued a report warning that without

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.

The Gulf region continues to contribute strongly to

Say goodbye to scribbled handwriting, disjointed data sources and a huge administrative burden, and hello to simple mobile solutions. NAVTOR continues its drive to “make life easy” for vessel crews, management teams and shipowners with the next generation of digital

Clean
LR2
MEG LR2’s saw just enough demand to keep rates stable this week. The TC1 rate for 75Kt MEG/Japan floated around the WS180-WS190 level all week and the 90kt MEG/UK-Continent TC20 voyage held in the $5.8-$5.9m region.
West of Suez, Mediterranean/East LR2’s

Shipping accounts for 3% of greenhouse gas emissions. The International Maritime Organization has adopted measures that aim to reduce the carbon intensity of international shipping by 40% by 2030 (IMO 2022). One of the most critical factors in improving shipping

From time to time Members and clients contact Gard and ask for advice when a ship has been fined for burning non-compliant fuel in a port or waters where special sulphur emission regulations apply. In some cases, ships may have

Nuclear power could transform the maritime industry with emissions-free shipping, whilst extending the life cycle of vessels and removing the uncertainty of fuel and refuelling infrastructure development, but regulation and safety considerations must be addressed for its widespread commercial adoption,