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Asia Fuel Oil-VLSFO dips; Kuwait’s Al Zour offers Oct-Dec supply

Asia’s very low sulphur fuel oil (VLSFO) market softened on Wednesday, while Kuwait’s Al Zour refinery offered VLSFO for loading between October and December. The refiner offered 130,000 tons of VLSFO for loading each month during the period, via a tender that closes...
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Port strikes on US East Coast will cause major supply disruption into 2025, with Government intervention needed to prevent damage to economy

Ripple effects of strike action at ports on the US East and Gulf coasts will cause severe supply chain disruption into 2025, with analysts warning government intervention may be required to avoid major economic fallout. A total of 36 ports are preparing for a complete...
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New study reveals EU regulations will boost economic value of methanol in shipping

New study reveals EU regulations will boost economic value of methanol in shipping
A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expert at iDefossilise, concludes that the FuelEU Maritime Regulation and EU Emissions Trading System (ETS) will create a level playing field for bio- and e-methanol,...
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Baltic index hits nearly three-month high on higher capesize rates

The Baltic Exchange’s main sea freight index extended gains on Wednesday hitting its highest in nearly three months, buoyed by higher rates for the capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 2...
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SpecTec and Source2Sea partnership boosts data driven decision making in the maritime supply industry

SpecTec and Source2Sea partnership boosts data driven decision making in the maritime supply industry
SpecTec and Source2Sea are pleased to announce our global partnership, combining SpecTec’s leading Fleet Management System, AMOS with Source2Sea’s digital marketplace. Together, our two companies will enable the right decisions through the right data. With 40 years of...
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Wärtsilä to future-proof container vessels with CCS-Ready scrubber technology

Technology group Wärtsilä has been contracted to supply its latest carbon capture and storage-ready scrubber systems – CCS-Ready scrubbers – for three container ships owned by German operator Leonhardt & Blumberg. A CCS-Ready solution will assure Leonhardt &...
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