Brent$88.29(≈RM355)▼ -1.24%WTI$83.44(≈RM336)▲ +0.32%Nat Gas$2.89(≈RM12)▲ +0.70%Bunker$784.50(≈RM3,158)▲ +1.82%Tapis$86.75(≈RM349)JKM LNG$23.17(≈RM93)▼ -1.03%MGO$1146.00(≈RM4,614)▲ +1.46%EU Carbon€82.42(≈RM386)TTF Gas€66.55(≈RM312)▼ -1.01%Diesel$4.34(≈RM17)Coal$131.19(≈RM528)▼ -0.24%USD/MYR4.0260US Rigs551▲ +7 M/MRON95RM3.82(≈US$0.95)▲ +1.33% W/WRON97RM4.30(≈US$1.07)▲ +1.18% W/WDieselRM4.72(≈US$1.17)▲ +1.07% W/W
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VLSFO Prices: What Moves Them and What They Cost You

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

Trading & Markets 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

Methane Monitoring by Drone: What Buyers Now Expect

An illustration of a drone

Methane is invisible, worth money, and a powerful greenhouse gas. Regulators and buyers no longer accept an estimate of how much is leaking. They want it measured, at the source, and verifiable, and drones are becoming the tool that makes that possible.

Nuclear Power: A Game-Changer?

Oil Platform with Two Supports

Shipping accounts for roughly 3% of global CO₂ emissions, and the pressure to decarbonise is intensifying. Hydrogen, ammonia, and wind-assist technologies are attracting investment, but nuclear power, with its near-zero emissions and exceptional energy density, is re-entering the commercial maritime conversation in ways not seen since the Cold War era.

Onshore Power Supply: For a Greener Future

Oil Platform at Sunset

When a vessel at berth shuts down its auxiliary engines and connects to the port’s electrical grid, it eliminates a significant source of local air and noise pollution at a stroke. Onshore Power Supply, cold ironing, has moved from a voluntary green initiative to a regulatory requirement, and the commercial and environmental case for early adoption is strengthening with every policy cycle.

Understanding Onshore Power Supply (OPS): Cold Ironing Explained

Onshore Power Supply (OPS), also known as Cold Ironing or Alternate Marine Power (AMP)

Onshore Power Supply allows vessels at berth to shut down their auxiliary engines and draw power from the port grid, eliminating a significant source of localised air and noise pollution at a stroke. With the FuelEU Maritime Regulation mandating OPS from January 2025 and European ports targeting net-zero gas emissions by 2030, the technology has moved from voluntary sustainability initiative to compliance imperative.