The MPA now lists Pertamina International Marketing & Distribution Pte Ltd among its licensed suppliers as of January 1, taking the total list to 39 firms.
The G20-VLSFO Index hit its lowest level since 2020, but for ships in Europe this price drop was outweighed by the increase in EU-ETS compliance costs.
At the end of 2025 owners were paying a compliance cost of around $220/mt of VLSFO burned on intra-EU voyages. From today that cost rises 45% to $319/mt.