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Sunday, May 18, 2025
Tags Marine Bunker Exchange (MABUX)

Tag: Marine Bunker Exchange (MABUX)

LNG-fuelled vessel orders are growing

The LNG-fuelled vessel order book continues to build this year with 21 ships booked in July, which is currently the monthly average for orders...

European Union approves decarbonisation projects

The European Union (EU) has given the green light for a US$138.86 (€118) million investment from the Innovation Fund to be allocated across 32...

German environmental group sees high potential in ammonia as a marine fuel

Ammonia as a marine fuel has a high potential for climate protection if nitrous oxide generated during the combustion is eliminated, according to a...

Shipping bodies urge governments to accelerate decarbonisation actions

Shipping organisations have welcomed the "growing momentum" for a US$5 billion R&D Fund for shipping at MEPC 76, but called on governments to "act...

Open loop scrubbers do not create unwarranted risk, said EGCSA study

Both in a standard Organisation for Economic Co-operation and Development (OECD) port and in a highly trafficked seaway the operation of open loop scrubbers...

MABUX sees irregular fluctuations in fuel prices

During Week 23, Marine Bunker Exchange (MABUX) World Bunker Index showed moderate irregular fluctuations with the 380 HSFO index decreasing US$440.34/MT, the VLSFO index...

27 states push ISWG-GHG for tougher emission reduction targets

Meeting of the International Maritime Organization's (IMO's) Intersessional Working Group on Greenhouse Gases (ISWG-GHG) failed to achieve agreement on the details of a draft...

IEA sees net-zero emissions possibilities by 2050

A new report from the International Energy Agency (IEA) says there is a "viable pathway" to achieving net-zero emissions by 2050 within the energy...

Market sees bunker charges stabilise in cargo boom

The Marine Bunker Exchange's (MABUX) World Bunker Index has shown a steady process without any drastic changes in values during the 19th week of...

IMO and Germany ink emissions reduction agreement

The International Maritime Organization (IMO) and Germany have signed an agreement on the development of a project proposal to help reduce maritime transport emissions...
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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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