Bunker Fuels

G7 nations ordered the release of 100 million barrels from oil reserves and rejected energy export bans

US diesel export curbs could severely disrupt Atlantic Basin clean tanker demand, impacting medium-range tanker earnings.

Europe is set to release a substantial amount of diesel from its reserves, as announced by Donald Trump.

Asian refinery stocks rallied as record margins emerged from China's export halt and rising oil prices due to Middle East tensions

Kpler's new model leverages global data to accurately predict refinery earnings weeks before companies release their financial reports

MOL Ocean Bulk signed a 25-year contract with Vale International for iron ore transport using two tri-fuel ore carriers.

Singapore expects fewer low-sulfur fuel oil imports from Western markets in October due to higher freight rates impacting arbitrage

Durban's Hi5 spread has widened considerably due to a surge in VLSFO prices, impacting bunker costs for carriers.

Pemex crude oil exports dropped 45% in August compared to last year, as the company prioritized domestic refining operations

MOL Ocean Bulk and Vale have signed a 25-year contract for two tri-fuel ore carriers, enhancing sustainable iron ore transport

October bunker fuel prices are projected to remain volatile due to Middle East tensions, reduced oil flows, and tight VLSFO supply.

Reliable emergency equipment on ships depends heavily on fuel quality, with poor fuel posing serious safety risks.

Crude oil exports through the Strait of Hormuz have returned to pre-war levels, supported by US military escorts and pipeline rerouting

Oman's Shinas Port is set to offer marine fuel services, providing an alternative bunkering option for shippers.

India has reduced windfall taxes on diesel and aviation turbine fuel exports, potentially impacting global fuel and bunker prices

US natural gas prices have reached a one-week low, driven by anticipated higher production and mild weather conditions

Gate terminal in Rotterdam has commissioned its fourth LNG storage tank, significantly boosting its regasification capacity

Volare Shipping, a new oil tanker company, has completed a private share placement and expects to trade on Euronext Growth Oslo soon

Russian Black Sea diesel and gasoil exports fell to zero for the first time due to a nationwide export ban.

The IEA may release more emergency oil stocks if supply disruptions worsen, impacting bunker prices for forwarders

Shipping companies are improving emissions intensity but face difficulties in achieving absolute emission reductions due to slow…

Northwest European ports, especially in the ARA region, are experiencing tight bunker fuel availability with lead times of 5-7 days

Oceania Bunkering Mozambique will introduce ship-to-ship fueling at Beira Anchorage in October, expanding regional fuel availability.

FMCSA has temporarily suspended hours-of-service rules for interstate fuel haulers to address diesel supply concerns

OPEC+ members are expected to maintain current oil production targets for November, potentially impacting bunker fuel prices

Kenya begins building a $16 billion oil refinery to cut East Africa's fuel import costs and save foreign currency

Scorpio Tankers has placed orders for four new vessels, including LR2 product tankers and VLCCs, all equipped with scrubbers

Titan Clean Fuels' LNG bunkering vessel, Titan Unikum, completed its 15-year Special Survey and Dry Dock in China.

A US Department of Energy report indicates ethanol is technically viable as a marine fuel, pending regulatory and infrastructure development

Monjasa has enhanced its physical bunker supply in Cartagena, Colombia, with two BIRE-qualified barges now in operation