Bunker Fuels

Axpo completed its first ship-to-ship bio-LNG bunkering for a MOL vessel, the Lapis Ace, in Barcelona.

Don Davis from Chevron Shipping Company will become the new Managing Director of OCIMF starting July 1

Venezuelan seaborne crude exports have more than doubled this year, significantly boosting tanker demand and global oil trade.

The US-Iran peace deal remains fragile, causing ongoing instability for tanker movements through the Strait of Hormuz.

VLCC tanker rates are climbing again after a recent dip, signaling stronger demand for crude oil transport.

Estonia's Halinga biomethane plant, owned by Infortar, will supply shipping fuel via Elenger, with 50 GWh annual capacity

Millions of barrels of oil transited the Strait of Hormuz this weekend, defying Iranian claims of closure.

Iran has restarted crude oil loadings from Kharg Island after a six-week halt due to lifted US sanctions

Ammonia's potential as a marine fuel is now being evaluated for its scalability rather than its toxicity.

Marine insurer Gard reported a 50% rise in bunker-related claims in early 2026, mainly due to VLSFO quality issues.

Dan-Bunkering has successfully completed an LNG bunkering operation for Sallaum Lines' new PCTC, Ocean Express, in China

Oil tanker owner Scorpio Tankers expects rates to surpass pre-conflict levels, driven by restocking demand and supply chain issues.

Oil prices are falling as shipping through the Strait of Hormuz normalizes, easing a major disruption to global crude flows

US natural gas prices increased to $3.16 per MMBtu after a smaller-than-expected storage build was reported

Strong demand has tightened bunker fuel availability in the US Gulf, with lead times extending for various fuel types.

OPEC maintains its robust oil demand growth forecast for the next four years, citing supportive global policies for oil use

Scorpio Tankers Inc. released an update on its average daily Time Charter Equivalent (TCE) rates for Q2 2026.

Repsol's new bunker vessel, Bahía Candela, begins supplying low-carbon co-processed marine fuels in Algeciras.

Tanker owners emphasize mine clearance as the top priority to ensure safe commercial shipping through the Strait of Hormuz.

A European project will develop an AI-driven energy management system to reduce vessel fuel consumption and emissions.

EU ports may adapt existing green fuel regulations to create a framework for future nuclear-powered shipping, a new study indicates

Middle Eastern oil and gas producers are seeking alternative export routes to reduce reliance on the Strait of Hormuz after recent conflict

G7-linked tankers maintain a high market share in Russian crude exports due to a US sanctions exemption aimed at preventing supply crises

Bunker fuel availability is tight in Northwest Europe's ARA hub, requiring extended lead times for various grades.

Iran is reportedly gearing up its fleet to increase oil exports and trade, coinciding with renewed oil flows from Gulf allies

The Port of Long Beach reports strong carrier interest in its $1 million methanol bunkering incentive for clean fuel adoption

Global observable oil stocks are eroding at a record pace due to the US-Iran conflict, with further falls expected

Oktan Energy has deployed two new tankers, Kobe Pioneer and Yokohama Pioneer, boosting its marine fuel bunkering fleet.

Urals crude oil prices hit a three-month low, influenced by expectations of a US-Iran deal and potential supply increases

US crude oil inventories decreased by 8.330 million barrels, less than forecasted, signaling mixed demand