Blog
The latest energy, maritime and bunker industry news worldwide.

HSFO-VLSFO Price Gap Narrows to Record Low
The price spread between high and low sulphur fuel oil (HSFO and VLSFO) is at its lowest since the global sulphur cap began in early

Shipping Industry Earning Billions Utilizing Scrubbers to Run On Heavy Fuel Oil
A recent study conducted by Chalmers University of Technology in Sweden indicates that emissions from scrubber discharge into the Baltic Sea have resulted in pollution-related

Increase in Orders Signals Growing Momentum for Alternative-Fueled Ships
The shipping sector is increasingly embracing alternative fuels, with a notable uptick in orders for cleaner ships at the start of 2024. DNV’s Alternative Fuels

Eco-Friendly Marine Fuels Projected to Be Cheaper Than Oil Bunkers by 2035
Wärtsilä predicts that sustainable marine fuels might become more cost-effective than traditional oil-based bunkers by 2035, considering emission regulations such as carbon pricing mechanisms. Despite

FOBAS: Mandatory Flash Point Recording to be Implemented on BDNs
Lloyd’s Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) issued a bulletin on Wednesday (6 March) underscoring the necessity for Bunker Delivery Notes (BDNs)

Unraveling the Effects of the Red Sea Shipping Crisis
The Red Sea shipping crisis has rekindled inflation concerns due to supply chain disruptions and increasing freight costs. Over 30% of global trade transits through

Industry Tensions Heighten Due to the Impact of the Red Sea Crisis on Ocean Freight Shipping
The Red Sea crisis has caused ocean freight rates to surge at a faster pace than the initial months of the Covid-19 pandemic, with numerous

Naval Coalition Led by US Advises Shipping to Steer Clear of Red Sea
The US-led naval coalition operating in the Red Sea has issued a warning to all ships, urging them to steer clear of the Bab el-Mandeb

45% of All 2023 Newbuild Orders are Alternative Fuel Capable
Clarksons Research unveiled its latest Green Technology Tracker, a comprehensive report that outlines the advancements in adoption of alternative fuels and investments in energy-efficient technologies

Improved Drought Conditions Lead Panama Canal to Increase Daily Ship Allowance in January
The Panama Canal’s governing authority has announced under Advisory to Shipping No. A-54-2023 they will be raising the number of daily transits through the Canal

Sea-Intelligence Reports Container Shipping Saves $12 Billion with Scrubbers
Although scrubbers are a contentious topic in the maritime business, those who have invested in them have unquestionably reaped significant financial benefits. Scrubbers have saved

Panama Canal Drought Crisis – New Plans to Drastically Cut Vessel Traffic
In response to a persistent drought worsened by a severe El Niño weather pattern, the Panama Canal Authority is taking steps to conserve water. The