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Singapore fuel oil inventories increase 6% this month

Singapore’s residual fuel oil stocks have averaged 6% higher so far in September than across August, Enterprise Singapore’s latest data shows.

  • Singapore's residual fuel oil stocks increased by 6% in September.
  • Total fuel oil stocks surpassed 20 million barrels for the first time.
  • China led fuel oil exports, accounting for 27%.

MACN welcomes its first classification society members: ABS, DNV and RINA

At its General Assembly on 30 April 2026, members of the Maritime Anti-Corruption Network (MACN) voted in favor of opening MACN membership to classification societies.

  • MACN welcomes ABS, DNV, and RINA as first classification society members on 30 April 2026
  • Classification societies vital for vessel lifecycle safety and compliance
  • Enhanced MACN network through expanded membership of leading classification societies

The Week in Alt Fuels: The cold feet conundrum

The energy sector is developing zero-emission bunker fuel supply and infrastructure to meet the IMO’s 2030 target of 5-10% uptake. But vessel orders and commercial demand are struggling to keep pace.

  • IMO targets 5-10% zero emission energy in shipping by 2030
  • Fuel demand low despite ships being ordered with zero-emission capability
  • Cargo owners pay only 3% premium for low-emission fuels, down from 4.5% in 2024

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