Bunker Fuels

China has gained a dominant position in new orders for LNG bunkering vessels, overtaking South Korea's previous market leadership

Spain's new marine fuel law, Royal Decree 611/2026, mirrors Dutch decarbonization mandates for bunker suppliers.

Japan has secured crude oil supplies through November, but December's outlook is uncertain due to Middle East tensions

US crude oil inventories unexpectedly rose by 1.786 million barrels, defying forecasts for a decline.

Global air freight rates saw a slight increase last week, while jet fuel costs have more than doubled year-on-year.

Australia's government is funding a new knowledge hub to centralize information on low carbon liquid fuels for transport sectors.

Oliver Josse, co-CEO of Seascale Energy, is set to depart Cargill in December after a 36-year tenure.

Nord Gas Solutions will provide cargo handling and LPG fuel systems for eight new BW LPG Very Large Gas Carriers.

Bunker fuel availability in Singapore and Malaysia remains tight, with extended lead times for VLSFO due to low stocks and cargo delays.

The EU's petroleum oil import value increased substantially in Q2 2026, while import volumes remained stable.

India's crude oil import bill rose by 48.4% to $74.8 billion from April to August due to elevated international prices.

Former President Trump stated he had advocated for a ban on U.S. diesel exports, a move opposed by industry leaders.

Oil trading firms Vitol and Trafigura are pushing for larger discounts on Venezuelan crude as high freight rates impact margins.

Rotterdam's bunker fuel sales fell sharply in Q1 2026, and new Spanish regulations could cause similar diversions.

Crude oil exports from the Caribbean Basin have jumped 45% year-on-year, adding 234 million barrels to global supply.

Phillips 66 has integrated Lindsey assets, starting rail shipments to Warwickshire Oil Storage Terminal and fuel sales at Killingholme.

Repairs to Ras Laffan's two LNG trains will take three years, impacting global energy supply and LNG shipping.

Russia plans to extend its diesel export ban past September, impacting global supplies and potentially increasing bunker costs

Petrobras has temporarily suspended bunkering services in Rio Grande due to a tropical storm causing infrastructure damage and power outages

Spring Marine Management has signed a four-year supply deal for Sulnox Eco fuel additive and will invest in the company

Ofiniti is set to acquire ZeroNorth's eBDN solution, integrating it into its Bunker Operating System for enhanced digitalization

Europe's jet fuel market faces winter challenges due to low inventories and potential airline capacity reductions from high costs

A shortage of VLCCs is increasing shipping costs for long-distance oil routes, affecting refinery profitability and cargo purchases

Golden Island and Qingdao Port International have partnered to boost the availability and use of sustainable marine fuels.

ABS has granted AiP to HD HHI and HD KSOE for a 22,000 cbm ammonia bunkering vessel design

Rise Reforming, a Chicago-based company, has joined MI – The Global Methanol Alliance, focusing on biogas-to-methanol conversion

Biofuel bunker prices show mixed movements, with B30-VLSFO down in Rotterdam but B30-LSMGO up

Gibraltar's port saw a 6% year-on-year increase in August bunker calls, totaling 476 vessels

Saudi Arabia has revived a crude oil shuttle service via the Strait of Hormuz to sustain exports after a pipeline attack

A new tanker shuttling system is maintaining Middle East oil exports despite rising regional tensions and increased costs