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Iran declares maritime restricted zone in Gulf of Oman

Iran’s Revolutionary Guards announced on Wednesday that a maritime restricted area will stretch from Chabahar in Iran into portions of the Gulf of Oman and the Arabian Sea. The exact coordinates of the zone will be disclosed at a later time, according to the IRGC spokesperson. The declaration comes after Mohsen Rezaei, secretary of Iran’s ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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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

Europe & Africa Fuel Availability Outlook

Northwest Europe Fuel availability in ARA is tight for prompt deliveries, with buyers advised lead times between 5-7 days for most fuel grades, a trader told ENGINE.

  • Northwest Europe's fuel supply tight, lead times 5-7 days
  • ARA's fuel oil stocks up 15% in September
  • Africa's fuel availability varies, tight in some ports

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.

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