Bunker Fuels

PortMiami's director was ousted as discussions continue regarding a proposed fuel terminal on Fisher Island

PortMiami's director was removed as Miami-Dade County advances plans for a new Fisher Island fuel terminal.

Geopolitical tensions in the Middle East are reshaping shipping fuel strategies and the commercial viability of alternative fuels.

India's bunker fuel demand rose in May, fueled by improved supply and competitive pricing at key West Coast ports.

Rosneft CEO Igor Sechin warned that no single nation could swiftly replace oil supplies lost due to Middle East instability

GIT Coatings introduced XGIT-VORTEX, a graphene-based propeller coating designed to enhance vessel performance and reduce fouling

Houston's bunker fuel market sees strong demand and tight availability, with extended lead times due to terminal congestion

Oil prices saw a minor decrease as Oman's Mina al Fahal port confirmed normal operations, easing earlier disruption fears

BW Epic Kosan is expanding its use of GIT Coatings on its LPG fleet after achieving significant fuel savings

New data shows continued investment in methane decarbonization for shipping, despite geopolitical and regulatory challenges.

US crude oil stockpiles decreased by 8 million barrels, surpassing analyst predictions for the week ending May 29.

Trafigura warns that the Middle East conflict has removed over 1.1 billion barrels of oil from global markets, prolonging the energy crisis

ATH Trading's 7,000 cbm bunker tanker, ATH Lemba, is back in operation along the Angolan coast after maintenance.

The UAE has become India's second-largest crude oil supplier in May, surpassing Saudi Arabia amidst Strait of Hormuz disruptions

US crude oil inventories dropped sharply by 7.974 million barrels, surpassing forecasts and potentially impacting bunker fuel costs

Global tanker markets faced downward pressure in late May, but MR product tanker rates diverged sharply across Atlantic routes

IBIA hosted a reception in Athens, bringing together global bunker, shipping, and marine energy leaders ahead of Posidonia 2026

Iraq plans to raise crude oil pipeline exports to 770,000 bpd, diversifying routes and reducing Gulf shipping dependence.

Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, driven by the Iran War.

Greek tanker owners are positioning vessels near the Persian Gulf, hoping for high rates if the Strait of Hormuz reopens

US crude oil inventories have seen a notable decline, signaling robust demand and potential implications for bunker fuel prices.

India's fuel exports hit a record low in May due to conflicts in Ukraine and West Asia, with a rebound expected.

UK natural gas futures rose over 3% due to escalating Middle East conflict and diplomatic deadlock

Ukrainian drones reportedly struck an oil terminal in St. Petersburg's harbor, potentially affecting shipping and insurance costs

BHP and GCMD successfully trialed a B100 biofuel blend on a bulk carrier, demonstrating high-concentration biofuel viability

Maritime industry grapples with fuel uncertainty, leading to adoption of flexible ship designs for future adaptability

Russia's crude oil exports hit a post-2022 peak as drone attacks on refineries force more barrels onto the global market

NYK launched a year-long trial of 100% biofuel on a car carrier to evaluate equipment effects and operational safety.

The European Boating Industry has launched a roadmap for alternative fuel infrastructure to decarbonize recreational boating in Europe

Oil exports via the Strait of Hormuz may not reach pre-war levels due to increased risk in the Persian Gulf.