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Saudi crude to China to fall in March after prices hit over one-year high, sources say

Saudi Arabia’s crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after the kingdom hiked its prices to the highest in more than a year. State oil firm Saudi Aramco will ship about 41 million barrels to China in...

HSFO cracks slip back into discounts as rally retreats

Refining cracks for 380-cst high sulphur fuel oil (HSFO) have fallen back into discounts by the end of the week, following a few days of short-lived premiums. Singapore prompt 380-cst HSFO/Brent crack (FO380BRTCKMc1) closed near discounts of 33 cents a barrel on...

Asia moves quickly to replace sanctioned Russian crude oil

Asia’s crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they can and moving to alternatives for deliveries in coming months. The top-oil importing continent, Asia is on track to receive about 3.23 million...

US targets Iranian oil transshipment to further disrupt cargo flows to China

The US has started to target tankers responsible for transshipments of Iranian oil with sanctions, which could further disrupt Iran’s cargo logistics at a time when its top customers in China take a cautious stance on sanctioned trades, according to industry data and...

ICS: Support for a Levy-Based GHG Pricing Mechanism Grows Ahead of the UN IMO Intersessional Working Group

Ahead of next week’s critical International Maritime Organization (IMO) GHG working group meeting (ISWG-GHG 18) to further develop MARPOL Convention text to decarbonise shipping by 2050, the Secretary General of the International Chamber of Shipping Guy Platten said:...

Marine fuel sales at top bunker hub Singapore log soft start to 2025

Sales of marine fuel at Singapore, the world’s largest bunker hub, logged weaker volumes in the first month of 2025, official data showed on Friday. Volumes totalled 4.46 million metric tons in January, down 6.9% month-on-month and falling 9.1% year-on-year, based on...

Saudi crude to China to fall in March after prices hit over one-year high, sources say

HSFO cracks slip back into discounts as rally retreats

Asia moves quickly to replace sanctioned Russian crude oil

US targets Iranian oil transshipment to further disrupt cargo flows to China

ICS: Support for a Levy-Based GHG Pricing Mechanism Grows Ahead of the UN IMO Intersessional Working Group

Marine fuel sales at top bunker hub Singapore log soft start to 2025

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