Bunker Fuels

Africa's refining sector struggles with a history of unfulfilled projects, leading to heavy reliance on imported refined products.

China's reduced oil imports are stabilizing global energy prices despite Middle East tensions and Strait of Hormuz disruptions.

Oil tanker freight rates have reached record levels due to a recent wave of attacks on shipping during the US-Iran conflict

US-facilitated transits through the Strait of Hormuz have enabled Persian Gulf crude exports to exceed 10 million barrels per day

Adria Ferries reported a 2-3% fuel consumption reduction on its AF MIA ferry after applying Propspeed's foul-release coating.

India's crude oil imports saw a 13% year-on-year increase in July, averaging 5.1 million barrels daily.

Goldwind Green Energy's new Inner Mongolia plant completed its first green methanol trial, with 500 tonnes bound for South Korea

Amogy and LOTTE Fine Chemical will explore ammonia bunkering for vessels at Ulsan Port, South Korea

IBIA has proposed changes to the CII calculation for bunker vessels, stating current rules make a 'C' rating unachievable

Higher EU RED III compliance costs are pushing bunker demand away from Rotterdam to other Northwest European ports

Saudi Arabia's crude oil production in August reached its lowest point since 1990, influenced by US-Iran hostilities.

The Port of Tenerife conducted its first truck-to-ship LNG bunkering for a Baleària ferry, supplying 600 MWh.

The US has revoked licenses for maritime services to vessels trading with Iran, impacting bunkering and repairs.

Port call data offers deeper insights into LNG-powered vessel deployment beyond newbuilds and bunker volumes

European crude oil imports are rising, with Brent prices topping $100 after Strait of Hormuz attacks.

Indian refiners are increasing their global influence by diversifying crude processing, attracting exporters seeking stable demand.

Iraq is tendering for supertankers to transport oil through the Strait of Hormuz, aiming to control its export routes.

VLCC daily earnings are expected to stay above $100,000 into next year, more than double historic levels.

Tanker freight rates are at record highs due to Persian Gulf conflict and complex oil market workarounds

Iran has suspended a 10% freight levy on foreign vessels carrying imported or exported oil, gas, and liquid petroleum products.

IBIA condemns attacks on commercial shipping after a fatal incident involving a bunker tanker near Dubai, emphasizing seafarer safety.

A new report urges the IMO to mandate cleaner marine fuels in the Arctic to reduce black carbon emissions

China continues to export refined oil products despite tightening domestic supplies, according to senior refiner officials

Uganda plans to start crude oil exports to Asian markets by early 2027, with Vitol handling international sales.

US crude oil inventories decreased by less than expected, signaling a potential softening in demand for crude.

Oil trading complexity, including shipping and compliance risks, is becoming structural, impacting forwarders' operations and costs

Uni-Fuels Holdings Limited announced record first-half 2026 financial results and raised its full-year revenue guidance

US sanctions on Iran's oil trade are compelling Chinese refiners to procure costlier Russian crude.

Silverstream's method for assessing its air lubrication system's energy savings has been independently validated by RINA.

Burando Energies completed its first physical bunker supply in Norway, refueling Heerema's heavy-lift vessel Balder.