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Kuwait preparing for long US-Iran disruption, plans to buy more ships

Kuwait Petroleum Corp. is preparing for a long period of trade-flow disruption amid the ongoing US-Iran conflict, and plans to boost its own ship fleet to have better control over its supplies, a…

  • Kuwait Petroleum Corp. preparing for prolonged trade disruption due to US-Iran conflict.
  • Company plans to increase ship fleet to control supply and mitigate disruptions.
  • KPC aims to transition from crisis management to longer-term operating model.

Fuel Switch Snapshot: Rotterdam biofuels slide as other fuels climb

B30-VLSFO has flipped from a $58/mt premium over VLSFO to a $27/mt discount in Rotterdam, and B100 has swung from a $32/mt premium to a $45/mt discount, as both biofuels have fallen over the past week…

  • Rotterdam biofuel prices slide, B100 drops $43/mt, B30-VLSFO falls $53/mt
  • Liquefied biomethane premiums over HSFO widen in Rotterdam to $243-380/mt
  • Dutch ZRE A tickets rise €26.50/mtCO2e to €179/mtCO2e

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