Bunker Fuels

S-Oil has begun supplying B30 VLSFO biofuel blends at Ulsan, enhancing the port's sustainable bunkering capabilities.

OCIMF and CCNR have released the second edition of the International Safety Guide for Inland Navigation Tank-barges and Terminals

Western Baltic Engineering introduced a new methanol bunkering vessel concept for shallow waters at Klaipėda Port

Saudi Arabia's crude oil exports declined for the third consecutive month in May, reaching a record low.

US crude oil inventories unexpectedly rose by 2.603 million barrels, surprising analysts who predicted a decrease

US natural gas futures saw a modest rise but stayed close to a two-month low due to ample domestic supply and weaker LNG exports

CMA CGM is implementing an emergency fuel surcharge from August 1st due to rising bunker costs linked to Strait of Hormuz tensions

Panama's marine fuel sales hit a near one-year low, with VLSFO and HSFO demand significantly decreasing.

VLSFO availability in Singapore remains tight, with lead times of 14-19 days due to low inventories and Strait of Hormuz disruptions

Iranian crude oil flows to Singapore's ship-to-ship transfer areas saw a sharp rise in July, reaching 36.2 million barrels.

Speculators increased net-long positions in Brent crude futures, breaking an eight-week streak of reductions.

Saudi Aramco's Q2 2026 net profit is projected to rise 40% year-on-year, reaching $31.85 billion.

Russia faces severe fuel shortages, with long queues at gas stations due to Ukrainian attacks on oil infrastructure.

Renewed hostilities in the Strait of Hormuz are undermining shipping confidence, making the critical oil chokepoint dangerous.

Wallenius Wilhelmsen's M/V Arctic Tern received its first green methanol bunkering in Shanghai, advancing decarbonization.

CPC Corporation has temporarily stopped new LSMGO nominations at Kaohsiung Port due to a tight barge schedule and order backlog

The U.S. Strategic Petroleum Reserve has fallen to its lowest point since 1983, following a 5.1 million barrel reduction

UK natural gas prices fell as diplomatic efforts to ease US-Iran tensions emerged, reversing a four-month high.

Nick Potter, AET CEO, now co-chairs the CEM-HUBS Steering Committee, focusing on de-risking green marine fuel investments

Avenir LNG has launched its new 20,000 cbm LNG bunker vessel, the Avenir Ambition, to strengthen global LNG supply chains.

India's abundant renewable resources enable low-cost production of green hydrogen and ammonia, crucial for shipping decarbonization

Wan Hai Lines has chosen Nippon Paint Marine's advanced hull and heat-reflective coatings for two new container vessels

The Port of Antwerp-Bruges recorded a 3.2% year-on-year increase in Q2 2026 bunker sales, reaching over 2 million tonnes.

Wärtsilä and Carnival Corporation have signed an 8-year service agreement for LNG-fueled cruise ships.

Biofuel bunker prices in Rotterdam saw an increase, largely influenced by rising conventional fuel costs.

Energy markets face potential stress if US-Iran tensions continue, threatening the Strait of Hormuz and global supply chains

The clean tanker market is expected to see freight rate increases due to an emerging supply shock, despite geopolitical focus elsewhere

Market focus is shifting from supply disruptions to the rebalancing of global oil markets, with China's crude demand central.

Low-emission bunker fuel availability is growing in ports worldwide, but fragmented supply leads buyers to seek long-term agreements

Indian refiners anticipate consistent Venezuelan crude oil imports, as June loadings were undisturbed by recent seismic activity