Energy Markets Editor
Helena covers crude, refined products and the trading houses that move them, with a focus on price formation in the Mediterranean and Black Sea.
Conventional fuel prices have risen at both Rotterdam and Singapore over the past week while B100 and Rotterdam’s B30 blends have fallen, handing the fuels that are favoured by EU regulations back much of the ground they lost last week. Four spreads have flipped outright, two at each port. B100’s premium over VLSFO in Rotterdam ...
Crude oil is “very quietly” moving through the Strait of Hormuz at a premium of about $10/b, but products are not, leading to a “very strange” market dynamic with bearish crude and bullish fuel, TotalEnergies CEO Patrick Pouyanne said Aug. 24, while restating the company’s commitment to the Middle East. Speaking at the ONS oil ...
“Climate change is a reality that we are experiencing with ever-increasing intensity. The growing frequency of extreme weather events makes the substantial reduction of greenhouse gas emissions an urgent matter of both individual and collective responsibility. The goal of decarbonisation is clear and shared. As an industry, we recognise the role we have to play ...
Spot rates in the US trucking sector rose sharply in the second quarter and are on course to climb further , with the looming peak season auguring more upward pressure, according to RXO. The transportation provider is advising shippers to secure capacity, which continues to shrink. The Curve, RXO’s proprietary truckload spot rate index, climbed to its highest level in more than four years, propelled by a 32.4% surge in pricing over ... The post ‘Secure capacity’ says RXO as it warns of further haulage rate rises appeared first on The Loadstar .
Quick recap: the freight-rate spike that produced two very different report cards at Maersk and Hapag-Lloyd is increasingly a story about who controls terminal and inland capacity, not who owns the most vessels – and nobody is making that case more directly right now than AD Ports. ZIM’s next move, meanwhile, has less to do with freight rates than with a decision sitting with Israeli regulators. My previous analysis already worked ... The post AD Ports the clear read-through as bottlenecks shift from ship to dock appeared first on The Loadstar .
Shanghai-listed Ningbo Marine is lining up another five bulk carrier newbuildings in China, expanding a fleet renewal programme that could see the owner add close to 600,000 dwt of fresh tonnage. The Zhejiang Energy-backed company has approved up to CNY980m ($136m) for four 65,000 dwt bulkers, while wholly owned Ningbo Marine Singapore has been cleared …
Residual fuel cracks have firmed for four consecutive weeks as blenders compete for cutter stock across Mediterranean hubs.
Producers enter the second half of the year with more spare capacity than the market has priced.
A conversation with a marine fuels supplier on quality assurance, blending and buyer trust.
