Bunker Fuels

Oilmar has appointed Steff Tan as a Marine Fuel Trader in Singapore, enhancing its global trading team with her expertise.

William Hogg, a key analyst in marine fuels risk, has left Infospectrum after 26 years following its acquisition.

Attacks on Russian refineries in June boosted crude exports while reducing refined product availability for international delivery

Oil prices surged as the US-Iran ceasefire faltered and Russia implemented a diesel export ban, impacting global energy markets

The Middle East crude oil market is now focused on price competition and global market share after geopolitical instability

Northwest European gasoline refining margins fell as crude oil prices jumped, indicating higher operational costs for refiners

Svanehoj, a marine pump and liquefied gas specialist, has acquired Henri Systems Holland, a designer of measurement and safety equipment

New orders for crude oil tankers have hit a record high in 2026, driven by strong freight markets and an aging fleet

Ovkianvance Port has acquired the 2004-built VLCC Eclat, renamed Takai, amid a quiet tanker sale and purchase market.

West of Suez VLCC and Suezmax tanker rates are highly sensitive to cargo availability and booking timing, causing rapid market shifts

The global LNG bunkering market experienced significant growth in 2025, climbing to nearly 4 million metric tons.

Modern tanker operations increasingly rely on onboard blending and cargo control for efficiency and profitability.

Russia has prohibited diesel exports to stabilize its domestic fuel market after Ukrainian drone attacks caused shortages

The U.S. Bureau of Ocean Energy Management has scheduled the third offshore oil and gas lease sale in the Gulf of Mexico for August

Island Oil has acquired two new oil tankers, the Island Polaris and Island Horizon, to boost marine fuel transport capacity.

Strait of Hormuz transits remain below pre-crisis levels, creating upside risks for oil and product pricing in H2

Japan's jet fuel export ban to Russia now explicitly includes shipments through third countries and at-sea transfers.

Rotterdam's Verde Marine Energy and Saudi-based Eleven Energy announced a strategic collaboration in the marine energy sector

Peninsula and Itochu have created a joint venture to develop ammonia bunkering infrastructure in Europe, focusing on strategic hubs

Oil prices surged over 3% after new airstrikes between Iran and the U.S. and re-imposed sanctions on Tehran.

The clean tanker market is overbought due to optimism about refined product flows, signaling potential rate hikes

Global crude oil loadings saw a marginal 0.2% decline in 2024, impacting tanker demand and freight rates.

A Moscow court has ordered the seizure of Transbunker's assets, transferring control to the state due to foreign ownership concerns

The Port of Las Palmas, a key Mid-Atlantic hub, manages five ports across the Canary Islands, focusing on maritime services.

Saudi Arabia has cut its August Arab Light crude oil official selling price to Asia, reaching its lowest level since 2020.

Henry Hub natural gas prices are projected to rise to US$5/mmbtu by 2035, ending a decade of lower costs.

US natural gas futures climbed to a one-week peak, supported by reduced output and higher LNG export demand

Middle East VLCC crude loadings surged in June, yet abundant vessel supply constrained freight rate increases for owners

Chinese seaborne crude oil imports fell approximately 23% year-on-year in the first half of 2026, according to vessel-tracking data

Monjasa's bunker vessel, Monjasa Thunder, has completed drydock maintenance in the Bahamas and is back in the US Gulf