Bunker Fuels

Major ship charterers and operators made limited progress on decarbonization targets in 2025, despite biofuel adoption

Extended vessel idling in the Arabian Gulf due to the Strait of Hormuz closure creates fuel quality management challenges

India's crude oil imports increased by over 3% in April from March, totaling 20.08 million metric tons.

The global oil market's current stability is precarious, heavily relying on China's subdued crude import demand.

Geopolitical instability and the Iran war disrupted European energy markets in H1 2026, impacting LNG flows and raising gas prices

WTI Midland crude oil differentials fell on Friday as Moeve offered a cargo at a reduced price, with no deals closed

U.S. Energy Secretary Chris Wright indicated American refineries could handle more Venezuelan crude oil, potentially boosting exports

Iran's Kharg Island, vital for oil exports, is now a key focus in the conflict involving the US and Israel

Dirty tanker spot freight rates remained elevated in May, supported by long-haul demand, despite a slight dip from March highs

The US will not impose an oil export ban to curb prices, focusing instead on filling the Strategic Petroleum Reserve.

Initial estimates of crude oil supply losses from the Gulf region after the Iran war began were higher than actual figures

Capital Clean Energy Carriers and CMA CGM have formed a joint venture to build and operate a 20,000 cbm LNG bunkering vessel

Norwegian Energy Trading AS renewed its ISCC EU certification, confirming compliance for its growing biofuel trading operations.

Kinkai Yusen will conduct a B24 biofuel bunkering demonstration for its Ro-Ro vessel Nanotsu at Hakata Port.

Hong Kong's Marine Department launched two new incentive schemes to encourage the use of alternative maritime fuels

Geopolitical events in the Middle East have dramatically changed the outlook for the LNG market, moving away from an anticipated oversupply

The US Treasury Department has sanctioned Cuba's state oil company, Union Cuba Petroleo (CUPET), hindering fuel imports.

St1 and St1 Biokraft aim to start commercial liquefied biogas bunkering at the Port of Gothenburg by 2027.

Saudi Arabia's crude oil shipments to China are expected to remain at record lows in July due to high prices.

PV GAS imported nearly 120,000 tons of LNG and LPG to address rising domestic energy demand and global market fluctuations

Four containers fell from a boxship onto a bunker vessel at Antwerp Gateway terminal, causing damage and a minor oil spill.

Crude oil markets experienced significant volatility in 2026, setting a new intraday trading record in March.

BIMCO's new Biofuel Clause for Time Charter Parties provides a clear framework for the safe use of low-carbon fuels

The US has become the world's largest oil exporter, altering a long-standing global energy market dynamic

The price difference for bunker fuel between Singapore and Rotterdam hit a new peak of $362 per ton in March 2026.

PortMiami is searching for a new director while addressing ongoing issues with its fuel depot operations.

LNG has become a mainstream marine fuel by 2026, with widespread adoption and bunkering infrastructure globally

Europe's transport fuel supply is resilient but vulnerable, with a significant portion of imports from the Middle East Gulf.

Las Palmas Port successfully conducted its first truck-to-ship LNG bunkering for a passenger ferry, utilizing two trucks.

A Florida trading company is in advanced talks to send Cuba the largest US fuel cargo since the Cold War embargo.