Global tanker freight to strengthen in 2025 on sanctions, offset by new ships

Global tankers’ freight is expected to be mostly higher in 2025 due to US sanctions and geopolitical disruptions, despite a ceasefire in Palestine. However, the gains will be capped by newbuild deliveries and the ability of dirty tankers to switch to clean and vice-versa in a much shorter duration than earlier. Recently, more than half …

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Tankers: VLCC Market Firming Up

Clean LR2 MEG LR2’s began the week continuing upwards with strong momentum only to then pause. TC1 75kt MEG/Japan climbed another 41.39 points to WS174.17. A voyage West on TC20 90kt MEG/UK-Continent went from $3.81m to $4.42m. West of Suez, Mediterranean/East LR2’s remained level around the $3.1m mark. The TC5 55kt MEG/Japan index also rose …

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Singapore bio-bunkers sales break new milestone; bunker-only calls at 8-year high

Singapore’s annual bio-bunker sales continued to rise in 2024, following a steep growth trajectory and reaching a new record high of 882,830 mt, an increase of 68.4% year over year. “Singapore grew as a multi-fuel bunkering hub in 2024. Sales of alternative fuels crossed 1 million mt for the first time, with 0.88 million mt …

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Curso “online” Control y gestión del agua de lastre y los sedimentos de los buques (BWMC)

¡ Matrícula abierta hasta el 15 de Febrero! Curso “online” Control y gestión del agua de lastre y los sedimentos de los buques (BWMC) El objetivo del presente curso consiste en analizar las normas internacionales destinadas a prevenir, reducir al mínimo y, en último término, eliminar los riesgos para el medio ambiente, la salud de …

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