Over the 04th week, the MABUX global bunker indices continued a moderate upward movement. The 380 HSFO index increased by 1.92 USD, rising from 537.79 USD/MT to 539.71 USD/MT. Similarly, the VLSFO index climbed by 4.51 USD, reaching 626.15 USD/MT from last week’s 621.64 USD/MT. The MGO index also...
https://www.hellenicshippingnews.com/mabux-bunker-prices-to-continue-trending-lower-next-week/
Industry coalition SEA-LNG has published its annual ‘View from the Bridge’ report, highlighting 2024 as another year of growth for the LNG pathway. Analysing data from SEA-LNG members, the report found that global market adoption and growth reached record heights in 2024. SEA-LNG reports annual...
https://www.hellenicshippingnews.com/focus-on-practicality-drives-lng-pathway-growth-in-2024/
ITS Logistics today released the January forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index reveals that overall, operations throughout North American ports and ramps are running relatively smoothly and are expected to remain so through the month, with the...
During the 03rd week, the MABUX global bunker indices demonstrated a consistent upward trend. The 380 HSFO index rose by 16.79 USD, climbing from 521.15 USD/MT last week to 537.94 USD/MT. The VLSFO index increased by 17.19 USD, reaching 621.98 USD/MT, up from 604.79 USD/MT last week, surpassing the...
https://www.hellenicshippingnews.com/mabux-bunker-prices-to-continue-trending-higher-next-week/
Trafigura, a market leader in the global commodities industry, in collaboration with CF Industries, the world’s largest producer of ammonia, today announced the completion of the first co-loaded ammonia and propane shipment operation of its kind. In early January, the Green Power Medium Gas Carrier...
Ship managers must navigate tricky commercial terrain to mitigate their financial exposure as DOC holder with responsibility for compliance under FuelEU Maritime. An effective compliance strategy requires an understanding of the various operational scenarios to formulate sound ship management...
Clean LR2 MEG LR2 freight strengthened this week off the back of significantly improved demand generating firming sentiments. TC1 75Kt MEG/Japan jumped 14.33 points to WS132.22. A run to the West on TC20 90kt MEG/UK-Continent went from $3,330,000 to $3,750,000. West of Suez, Mediterranean/East...
https://www.hellenicshippingnews.com/tankers-vlcc-market-edging-higher/
Americas crude exports started to stagnate during the second half of 2024 with the US, the largest exporter, showing signs of slowdown. Similarly in Canada, exports out of Vancouver via the new Trans Mountain Expansion (TMX) pipeline also declined for two consecutive months from November 2024. But...
https://www.hellenicshippingnews.com/americas-crude-export-growth-supported-by-brazil-and-guyana/
The FuelEU Maritime regulation, enforced January 1, 2025, aims to reduce greenhouse gas (GHG) emissions on a well-to-wake basis within EU and EEA waters. The regulation mandates compliance with GHG intensity limits and promotes the use of alternative fuels and technologies. GHG intensity, in the EU...
https://www.hellenicshippingnews.com/fueleu-maritime-exemptions/
The global bunker market ended 2024 in a state of relative stability. In the first half of the year, multidirectional fluctuations were observed across indices, with moderate increases in 380 HSFO and VLSFO prices and a slight decline in MGO LS quotes. In the second half, the amplitude of these...
https://www.hellenicshippingnews.com/mabux-bunker-market-to-stay-the-course-in-2025/