FuelEU Explainer: Is the industry ready for 2025?

FuelEU Explainer: Is the industry ready for 2025?
The big picture In this final FuelEU newsletter, we look ahead at the expected impact of the regulation on the industry. Our analysis finds that in order to meet the 2025 FuelEU targets, the industry will need to reduce 2.4 million tonnes of CO2eq. However, according...
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Tankers: VLCC Market Could Bounce Higher Next Week

Clean LR2 MEG LR2s seem to have found a base, with rates holding on the TC1 (75Kt MEG/Japan) at the WS115-116 level, while rates for the gokt MEG/UK- Continent TC20 voyage hovered around the $4,000,000 mark. West of Suez, the Mediterranean/East LR25 were somewhat...
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