Bunker Fuels

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.

North American refined product markets are tightening due to low inventories and accelerated exports amid Middle East supply disruptions

Dynacom Tankers has moved its fleet near the Strait of Hormuz in response to increasing security risks affecting Gulf shipping.

Bangchak Corporation has secured a feedstock agreement with Circular Energy for sustainable aviation fuel and biofuel production

Venezuela's oil exports rose slightly to 1.25 million barrels per day in May, marking a third consecutive monthly increase

StormGeo integrates engine and hull sensor data into its Voyage Intelligence platform through a partnership with Alfa Laval

Royal Vopak has made a conditional Final Investment Decision for the expansion of the EemsEnergyTerminal in Rotterdam

Russia has suspended jet fuel exports until late November due to Ukrainian attacks on refineries, aiming to prevent domestic shortages

India's crude oil imports rose 11% in May, hitting 5 million barrels per day, largely due to increased supplies from Russia and Venezuela

Geopolitical events are driving higher bunker costs and freight rates, necessitating smarter voyage decisions for efficiency.

China's crude oil imports have increased in 2026, signaling a potential rise in tanker demand and freight rates.

Ongoing shipping disruptions in the Strait of Hormuz are rapidly depleting global oil inventories, according to a joint warning

BW Epic Kosan is expanding its use of GIT Coatings' graphene-based hull technology after achieving 6% fuel savings

Ofiniti acquired Teqplay, integrating vessel tracking and port-call analytics into its maritime fuel operations platform

Alkagesta, a global commodity trader, has completed its first crude oil transaction, sending one million barrels to the Far East

Carnival Jubilee cruise ship successfully completed the first ship-to-ship LNG bunkering operation in Roatán, Honduras.

Christiania Energy has appointed Mazlum Unutmaz as a Specialist for Bunkers & Lubricants to bolster global operations.

Houston's bunker fuel market is experiencing tight availability and extended lead times due to strong demand and volatility.