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Tags Marine Bunker Exchange (MABUX)

Tag: Marine Bunker Exchange (MABUX)

China’s VLSFO exports reach 1.45 million tonnes in September

China’s very low sulphur fuel oil (VLSFO) exports have totalled 1.45 million tonnes in September, a 16% increase over the same month of 2020,...

Renewable fuels could cut up to 80% of shipping emissions by 2050

A new report conducted by the International Renewable Energy Agency (IRENA) has shown that a rapid replacement of fossil fuels with renewable fuels based...

Pacific Island Countries ask IMO to foster decarbonisation

Pacific Island Countries are calling on the International Maritime Organisation (IMO) to fully decarbonise the shipping industry by 2050 and to impose a carbon...

Fuel prices continue upward evolution

The Marine Bunker Exchange (MABUX) World Bunker Index on week 39 showed a strong upward trend, with the 380 HSFO Index rising to US$494.86/MT,...

MABUX reports slight growth in fuel prices

A new study by the American Bureau of Shipping (ABS) has shown that a new-build, dual-fuel gas carrier vessel generates lower CO2 emissions over...

Lloyd’s Register calls for immediate action on maritime decarbonisation

A new report from the technical and business services organisation Lloyd's Register (LR) has called for "immediate action on maritime decarbonisation" in order to...

Bunker volumes in US crucial markets still recover from Covid-19

The International Bunker Industry Association’s (IBIA) Bunkering and Shipping in Transition online conference has reported that bunker volumes in key markets of the United...

71% of 2021 newbuild boxships to be scrubber-fitted

Baltic and International Maritime Council (BIMCO) reported that 71% of the year-to-date ordered container ships, and particularly 117 out of 168 with a capacity of...

ECSA against the EU’s proposed Paris Agreement

European Community Shipowners’ Associations (ECSA), which promotes the interests of 20 shipping associations across the European Union, the United Kingdom and Norway, is among those...

ISO to launch a new standard for shipping logging system

The International Organisation for Standardisation (ISO) has published a new standard, ISO 24060, for a ship software logging system to be used for operational...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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