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Higher naphtha demand in Europe shuts arbitrage window to Asia despite lower freight

Strength in the European naphtha complex has crunched the East-West spread even as freight costs tumble to a near 10-month low, exacerbating the tight supply situation in Asia. The July East/West spread – the premium of the CFR Japan naphtha cargo

MABUX: Bunker market this morning, Jun.30

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) dropped on Jun.29: 380 HSFO – USD/MT – 285.00 (-2.99)VLSFO – USD/MT – 339.00 (-5.00)MGO – USD/MT – 411.33

Herbert ABS Releases HECSTABTM for Ships

Herbert-ABS Software Solutions LLC today announced the expansion of its HECSTAB Stability Evaluation Software to include all vessel types and expanded evaluation capabilities. Designed with a versatile user interface featuring modern conventions, improved 3D viewports, and flexible user customization, HECSTAB now