Bunker Fuels

Oil futures declined as US-Iran peace talks progressed and sanctions on Iranian crude exports were temporarily eased

J-ENG is expanding its after-sales service for UE engines, driven by global growth and new "Eco-Tune" offerings

Combining slow steaming and port call optimization offers a 'triple win' for shipping, reducing fuel, emissions, and aiding green fuels.

Verde Marine Energy completed its first B100 Advanced FAME biofuel bunkering in the ARA region to a Vertom vessel.

Bunker-related claims surged by 50% in early 2026, primarily due to fuel quality issues.

Sulnox has secured a major four-year agreement with Eastern Pacific Shipping to expand the use of its fuel additive across EPS's fleet

Saudi Arabia's crude oil exports hit a record low in April for the second straight month due to the Iran war disrupting shipments

Chinese oil imports may never fully recover from the Iran conflict, accelerating a permanent shift away from traditional fuels

The Trump administration has issued a temporary waiver allowing the production, sale, and shipment of Iranian oil.

A gas terminal explosion in Qatar has caused numerous injuries and missing persons, with damage scale unknown

Gibraltar saw a record 599 bunker calls and over 1,000 total vessel calls in May, marking a significant increase

Azane Infrastructure faces a NOK 22.1 million fine if three Norwegian ammonia bunkering projects miss their December 2026 FID deadline

Bunker One is deploying a dedicated bunker barge in Aberdeen's South Harbour to boost MGO and bio-blend fuel supply.

The IEA indicates that while the Iran conflict has suppressed oil demand, its resolution could trigger an oil glut.

Venezuelan crude is now a crucial feedstock for US Gulf Coast refineries, filling a supply gap from Middle Eastern disruptions

A Rystad Energy report for EDF Europe states EU Methane Regulation is not causing current oil and gas price increases

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