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Tankers: VLCC Market Still Correcting Downwards

09/06/2025

Clean

LR2

LR2’s in the MEG have held steadfast this week despite seemingly consistent downward sentiment. The TC1 75kt MEG/Japan index dipped a modest 5.55 points from WS134.72 to WS129.17. A TC20 90kt MEG/UK-Continent also only ticked down $75,000 to $3.66m.

West of

Drewry: Port Throughput Index Up 3.4%

09/06/2025

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of global volumes. The base point for the indices

LR, HD KSOE and HHI sign MoU for hybrid propulsion system for LNG carriers

07/06/2025

Lloyd’s Register (LR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) to jointly develop a high-efficiency hybrid propulsion system integrated with Solid Oxide Fuel Cell (SOFC) technology for

ENGINE: Americas Fuel Availability Outlook

07/06/2025

North America

Bunker demand in Houston remains sluggish across all fuel grades, with spot premiums being low this week. In the past 24 hours, 75 vessels have arrived, and 134 ships are scheduled to arrive over the next 30 days.

VLSFO and

MABUX: Bunker Prices Could Rise Next Week

06/06/2025

At the close of Week 23, the global bunker indices published by MABUX showed moderate gains. The 380 HSFO index increased by $4.69, rising from $462.14/MT to $466.83/MT. The VLSFO index climbed by $7.03, reaching $540.60/MT compared to $533.57/MT the

Global energy investment set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns

06/06/2025

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.

Investment

Union Maritime and BAR Technologies Mark Strategic Milestone with Delivery of First Newbuild Tanker with WindWings®

05/06/2025

Union Maritime, a leading provider of smart shipping solutions, announces the upcoming delivery of Brands Hatch, a state-of-the-art new build Long Range 2 tanker, featuring three 37.5m WindWings®, developed by BAR Technologies and manufactured by CMET.

Brands Hatch marks a significant

ENGINE: Europe & Africa Bunker Fuel Outlook Availability

05/06/2025

Northwest Europe

Consistent with the last few weeks, prompt deliveries remain challenging for all grades in the ARA hub. Advised lead times are unchanged at 7-8 days, a trader told ENGINE.

The ARA's independently held fuel oil stocks averaged 2% greater in

ENGINE: East of Suez Bunker Fuel Availability Outlook

04/06/2025

Singapore and Malaysia

In Singapore, VLSFO lead times remain steady at 7–14 days, slightly shorter than last week’s recommended range of 8–15 days. LSMGO lead times have widened to 3–10 days, up from the previous 4–7 days. HSFO lead times continue

Auramarine launches water in methanol measurement technology to support alternative fuel uptake

04/06/2025

Auramarine, the leading fuel supply systems pioneer for the marine industry and other sectors, has today announced the launch of its Auramarine Water Content Analyser (AM Water Content Analyser). The technology measures and reports the concentration of water in methanol,

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