Brent$106.26(≈RM434)▲ +0.46%WTI$94.65(≈RM387)▲ +0.85%Nat Gas$3.32(≈RM14)▲ +2.47%Bunker$892.50(≈RM3,647)—Tapis$86.75(≈RM354)—JKM LNG$26.09(≈RM107)—MGO$1247.50(≈RM5,097)—EU Carbon€88.34(≈RM404)—TTF Gas€86.80(≈RM397)—Diesel$4.96(≈RM20)▲ +2.27%Coal$148.90(≈RM608)—USD/MYR4.0860—US Rigs551▲ +7 M/MRON95RM4.67(≈US$1.14)▲ +3.32% W/WRON97RM5.15(≈US$1.26)▲ +3.00% W/WDieselRM5.27(≈US$1.29)—
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Container Fires Start With a False Declaration

Container ship

When a container ship burns, the investigation usually ends at a document rather than at the firefighting equipment. A box declared as machinery parts was stowed as machinery parts, and nothing about the ship’s arrangements was designed for what was actually inside it. By MarineCraft Journal  ·  1 October 2026  ·  9 mins … Read more

Escrow and Payment Security in Physical Petroleum Trades

Tanker at sea

A buyer who has learned to spot a fraudulent cargo offer still needs to know what a genuine one looks like when it is properly protected. The answer is usually not escrow, and understanding why is the fastest way to tell the two apart. By MarineCraft Journal  ·  24 September 2026  ·  … Read more

What to Check Before You Accept a Bunker Stem

Fuel loading terminal

A fuel can meet the sulphur limit, arrive with correct paperwork, and still wreck an engine. Since the 0.50% cap reshaped the bunker pool, the operational risk moved from compliance to compatibility, and it is managed before the hose is connected rather than after. By MarineCraft Journal  ·  11 September 2026  ·  … Read more

Demurrage and Laytime, Explained

Port

Demurrage is the cost of a ship waiting, and on a petroleum cargo it accumulates fast enough to erase a trade’s margin in a couple of days. It turns on one question that sounds simple and rarely is: when did the clock actually start? By MarineCraft Journal  ·  8 September 2026  ·  … Read more

Why Bunker Prices Differ From Port to Port

Cargo ship carrying containers saling in the open seas

Two ships bunkering the same grade on the same day, in ports a few hundred miles apart, can pay materially different prices. Crude explains the general level. Almost everything interesting happens in the layers stacked on top of it. By MarineCraft Journal  ·  21 August 2026  ·  9 mins read 0.50%the sulphur … Read more

VLSFO Prices: What Moves Them and What They Cost You

Cargo ships docked at a port of call with cranes unloading containers

Fuel is the largest single cost of running most ships, and it is the one that moves. Understanding what actually drives the price of very low sulphur fuel oil, and how that price reaches your operating account, is worth more than watching a daily quote. By MarineCraft Journal  ·  20 August 2026 … Read more