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Drewry’s Intra-Asia Container Index (IACI) inched up $6 to $1,459 per 40ft container. This relative stability is reflected on most lanes, indicating that, with few exceptions, carriers extended rates…
Changes between the second quarter and the third quarter of 2026: • Bio-VLSFO sales down by 81,000 mt to 63,000 mt • Bio-HSFO sales down by 17,000 mt to 13,000 mt • Total bio-MGO sales down by 2,000…
A project to convert aging liquefied natural gas (LNG) carriers into floating storage and regasification units (FSRUs) is drawing attention as a new market in the shipbuilding industry.
Europe Rotterdam’s B30-VLSFO (POMEME) price has gained $11/mt in the past week, while the Dutch port’s conventional VLSFO price has jumped $30/mt over the same period.
Clean LR2 The TC1 75kt MEG/Japan index climbed by 92 points this week to WS1075, with the corresponding Baltic round-trip TCE rising by $28,600 to $313,200/day.
The Malta-flagged medium-sized tanker Agioi Fanendes is heading to New York carrying Russian diesel, according to S&P Global Energy Commodities at Sea data, with the Kremlin expecting deliveries to…