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Maritime industry needs regulatory action to meet decarbonisation and digitalisation goals

27/03/2025

Lloyd’s Register’s Global Maritime Trends 2025 Barometer warns that fragmented regulation is undermining progress in decarbonisation and limiting investment.

The global shipping industry risks falling short of its net-zero and digital transformation ambitions without sufficient regulatory support enacted at a global

Wind propulsion key to cut costs and carbon in shipping, shows new report

27/03/2025

As the International Maritime Organization (IMO) prepares to meet in London from 31 March to 11 April to finalise measures for its greenhouse gas (GHG) strategy, a new report by marine NGO Seas At Risk shows the significant economic and

MEPC 83: “The Only Way To Drive Innovation In The Shipping Industry Is A Global Framework”

25/03/2025

With the historical decision to be made at the upcoming 83rd meeting of the Marine Environment Protection Committee (MEPC 83) of the International Maritime Organization, the Royal Belgian Shipowners’ Association (KBRV) is featuring videos from its maritime thought leaders.

This week,

Value Maritime and MOL Complete Carbon Capture First

25/03/2025

Value Maritime (VM), a pioneer in emissions-reducing maritime technology, has successfully installed its unique Exhaust Gas Cleaning System (EGCS) and Carbon Capture unit aboard Nexus Victoria, an LR1 product tanker owned by Mitsui O.S.K. Lines, Ltd. (MOL). The completion of

Tankers: VLCC Seesawed Last Week

24/03/2025

Clean

LR2
MEG LR2’s looked to have reached the top for their current freight spike for the moment. The TC1 75kt MEG/Japan index reached WS166.94 where is paused and is now at WS164.17. A TC20 90kt MEG/UK-Continent assessment climbed to

Drewry: Port Throughput Index Rose 3% in January

22/03/2025

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

Americas Fuel Availability Outlook

22/03/2025

North America

Bunker fuel availability across all grades in Houston remains tight through 21 March, with lead times extending beyond seven days.

Weather conditions at the East Coast port are currently stable, but high wind gusts are expected to pick up by

EU Maritime Decarbonisation Target at Risk Without Effective Pricing Tool

21/03/2025

The World Shipping Council (WSC) yesterday released new research that shows both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets, but that the price gap between fossil and renewable fuels is the major barrier to

MABUX: Bunker Prices Could Stay Flat Next Week

21/03/2025

At the end of the 12th week, the MABUX Global bunker indices showed no clear trend, fluctuating in different directions. The 380 HSFO index saw a marginal increase of 0.62 USD, rising from 499.39 USD/MT last week to 500.01 USD/MT,

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

20/03/2025

Northwest Europe

Prompt HSFO availability is tight in Rotterdam and the wider ARA hub. Lead times for HSFO have stretched to 8-10 days from 5-7 days last week due to barge loading delays, a trader said. VLSFO is comparatively better, but

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