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
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
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
Three letters in an oil contract decide who pays for the voyage, who insures the cargo, and who carries the loss if it is spilled or stolen. FOB, CIF, and DES are the ones the trade leans on, and each hides a trap that has cost buyers and sellers real money. By … Read more
Marine fuel is no longer just a line-item cost. It is a strategic lever that determines compliance standing, charter eligibility, and long-term fleet value. The 2026–2030 period is the phase in which the industry’s energy transition moves from pilot projects and regulatory preparation into operational reality, and the decisions taken on fuel strategy now will shape competitive positioning for the rest of the decade.
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.
