Availability has improved with resupply in Vancouver, and Gulf Coast ports remain well supplied amid steady inventory levels. Major bunker ports along the US Gulf Coast ports have readily available stems of all grades. Residual fuel oil inventories in …
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Prompt HSFO stems are tight in Russia, the Canary Islands and South Africa, while ample VLSFO supplies in the Mediterranean has weighed on prices this week. Most of the key bunkering ports across northern Europe and the Mediterranean have HSFO380, VLSF…
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The MEPC adopted amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI that will require ships to reduce their greenhouse gas emissions. These amendments combine technical and operational approaches to …
The Sustainable Shipping Initiative (SSI) yesterday published the report Exploring shipping’s transition to a circular industry, discussing the potential of circular economy principles for shipping and identifying four main building blocks: knowledge a…
The year 2021 has been volatile for the LPG shipping industry. VLGC rates hit a peak at USD 110,000pd in January but soon nosedived by more than 90% in February, with charter rates on the key AG-Japan route touching USD 6,000pd. The wild swings after s…
LPG Shipping Stocks – What lies ahead? Read More »