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Shipping supply chains and global conflicts

01/07/2024

Global shipping supply chains are facing significant disruptions due to the ongoing conflict in Gaza, attacks on ships by Houthi militias, and Russia’s invasion of Ukraine.

Americas Fuel Availability Outlook

29/06/2024

North America

Bunker demand has remained low in Houston this week. Availability of all fuel grades has been normal for prompt supply in Houston. Several suppliers can deliver stems with lead times of 5-7 days. HSFO needs a longer lead time

Supply risks keep gas market on tenterhooks

29/06/2024

EU storage building at slower pace

EU gas storage remains comfortable at 75% full, which is well ahead of the five-year average of 65%. The pace of net injections over May and so far in June are below levels seen during

Panama Canal Celebrates Eighth Expansion Anniversary with New Draft and Daily Transits Increases

28/06/2024

The Panama Canal celebrated the eighth anniversary of its expansion program today by announcing an increase to its draft and daily transits, all while continuing to manage the impact of climate variability and the challenge of securing water for the

MABUX: Bunker Prices Expected to Keep Rising Next Week

28/06/2024

Over the Week 26, the MABUX global bunker indices continued moderate upward movement. The 380 HSFO index rose by 3.87 USD: from 550.62 USD/MT last week to 554.49 USD/MT. The VLSFO index increased by 8.97 USD (647.49 USD/MT versus 638.52

U.S. energy production exceeded consumption by record amount in 2023

28/06/2024

In 2023, energy production in the United States rose 4% to nearly 103 quadrillion British thermal units (quads), a record. Energy consumption in the United States fell 1% to 94 quads during the same period. Production exceeded consumption by 9

Ship owners facing significant emission bills under EU-ETS without proper management, warns Oceanly

27/06/2024

The integration of the shipping sector into the European Union Emissions Trading System (EU-ETS) marks a pivotal step towards a more sustainable and decarbonised maritime industry. However, this new regulation brings substantial costs and compliance challenges for ship owners. Oceanly,

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

27/06/2024

Northwest Europe

Availability is normal in Rotterdam and in the wider ARA hub. Lead times of 3-5 days are recommended for all three grades, consistent for last week, a trader said.

The ARA’s independently held fuel oil stocks have averaged 1% lower

Blue World completes successful testing of 200 kW maritime fuel cell system to run on green methanol

26/06/2024

After months of preparation, Blue World Technologies is proud to announce the successful testing of the world’s first 200 kW high-temperature PEM fuel cell module. The test was completed at the newly established test facilities in connection to the Blue

ENGINE: East of Suez Bunker Fuel Availability Outlook

26/06/2024

Singapore and Malaysia

In Singapore, most suppliers now indicate lead times of up to nine days for VLSFO, although some can manage deliveries within as little as four days. This represents a significant improvement compared to the previous week, when traders

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