EMISSIONS: New Emissions Data Standards Support Shipping’s Net Zero Target

Apr-03 14:54

The International Maritime Organization (IMO) has approved standardised emissions reporting data fields, aligning with FuelEU Maritime, a key step toward achieving the shipping sector’s 2050 net-zero target, according to Lloyd’s List.

  • The new standards, aim to streamline emissions reporting for ports, shipping companies, and regulators.
  • The standardised list can be applied “in almost any relevant maritime emission reporting process”, said Smart Maritime Council chairman Rob O’Dwyer.
  • Shipping sector has been included in the EU ETS since 2024, and will be included in the UK ETS from 2026.

Historical bullets

STIR: SOFR Option Update, Call Buying Edges Puts, Supports Implieds

Mar-04 14:53

Underlying futures continue to gain. Projected rate cuts through mid-2025 gaining vs. late Monday levels (*) as follows: Mar'25 at -3.1bp (-1.8bp), May'25 at -14.0bp (-10.2bp), Jun'25 at -31.9bp (-26.0bp), Jul'25 at -43.1bp (-35.3bp).

  • Block, 15,000 0QM5 97.00/97.50 call spds 7.5
  • +10,000 0QM5 97.00/97.50 call spds, 7.5 ref 96.01
  • +5,000 SFRZ5 96.00 puts, 15.5
  • -3,000 SFRZ5 96.43 straddles, 72.0 ref 96.415
  • +5,000 SFRU5 97.00 calls 11.0 ref 96.275
  • -5,000 SFRJ5 96.12/96.37 call spds, 3.75 ref 96.005
  • +20,000 0QM5 97.00/97.50 call spds, 7.25 ref 96.565
  • -30,000 0QM5 95.12/95.50 put spds .75 vs. 96.545 to -.535/0.06%
  • -10,000 SFRN5 95.56/95.75/95.93 put flys, 4. ref 96.26
  • -5,000 SFRZ5 96.25/96.50 call spds, 10.0 ref 96.41

EQUITIES: Attention turns to the US Open

Mar-04 14:27

Attention turns to the US Cash open, the Emini (ESH5) and the January 2025 low of 5809.00 just held, printed a 5812.00 low so far today, and finding some underlying bids ahead of the Open.

Cash SPX sees the January low standing at 5773.31, but the open will be some way short of that initial level, and Yesterday's low of 5810.91.

  • Calls: SPX: 5,815.0 (-0.6%); DJIA: 43,020 (-0.4%/-171pts); NDX: 20,306.7 (-0.6%).

US TSY FUTURES: BLOCK: Jun'25 5Y Sale

Mar-04 14:27
  • 6,000 FVM5 108-10, sell through 108-10.25 post time bid at 0915:24ET, DV01 $246,000. The 5Y contract trades 108-11.25 last (+8.5)