Bunker Fuels

Turkish supplier Arkas Bunker has expanded its biofuel bunkering operations, supplying over 15,000 tons to 32 vessel types

German bunker supplier Heinrich Wegener & Sohn joined the Global Ethanol Association to advance low-carbon marine fuels.

Global energy markets are expected to stabilize in Q3, though geopolitical developments remain a key risk factor.

Tanker traffic in the Strait of Hormuz has fallen due to recent vessel attacks, impacting global oil supply.

A University of Piraeus study reveals the EU ETS could boost bulker fuel costs by up to 33% as regulations tighten

LNG and LPG shipping rates are declining across major routes due to softer global prices and reduced arbitrage opportunities.

Singapore expects higher low-sulfur marine fuel imports from Western markets in July, aiding regional stock recovery

Nigeria's Dangote refinery has secured two crude oil cargoes from the UAE, diversifying its supply chain.

US refining capacity is expected to decrease by 1.43% in 2025, driven by refinery conversions and closures.

Venezuela's oil production and refining facilities sustained no significant damage from two earthquakes on June 24.

Oil prices rose in Asian trade after a US-Iran flare-up, with future talks in Qatar now in focus

Scorpio Tankers has resumed transiting the Strait of Hormuz, with an LR2 vessel chartered to deliver jet fuel to Europe.

VLCC freight rates decreased last week, while LR2 tanker rates rose on Middle East Gulf to Japan and UK-Continent routes.

Wärtsilä states that shipping companies face increased difficulty in adopting low-carbon fuels due to IMO's delayed global decarbonization…

Biofuel bunker prices for B30-VLSFO have fallen in major European and Asian ports, reducing its premium over conventional VLSFO

Saudi Arabia is increasing crude oil shipments after its Persian Gulf ports reopened following the Iran war.

Bunker fuel demand in Houston has eased, Balboa faces tight HSFO supply, and Paranagua sees extended lead times

Crude oil prices fell as shipping transits through the Strait of Hormuz accelerated, following progress on a US-Iran peace deal.

US natural gas storage levels rose by 76 billion cubic feet, exceeding market expectations and potentially impacting prices

Crude oil prices fell sharply as supply concerns eased with increased tanker traffic through the Strait of Hormuz.

Evos Rotterdam begins construction on new methanol and ethanol storage tanks at the Port of Rotterdam, expanding capacity for industrial…

The EU's 21st sanctions package against Russia targets vessels supporting the shadow fleet through bunkering services.

Crude oil prices fell as Middle East supply concerns eased, leading to a drop in China's petrochemical futures.

Veritas Petroleum Services (VPS) has launched a new webshop for its VeriSphere platform, enhancing access to marine fuel testing services.

Saudi Arabia is reactivating crude oil loading at its significant Ras Tanura terminal, signaling a broader resurgence of Middle Eastern…

Indonesia, the world's largest coal exporter, is experiencing widespread power outages due to domestic policy issues.

Bunker fuel availability is very tight in Europe and Africa, with significant lead times needed for various grades.

The Strait of Hormuz reopening has boosted oil supply, leading to weaker markets in Europe and Asia.

A supertanker operator booked a vessel from the Persian Gulf to India at nearly nine times the benchmark rate, reflecting a severe vessel…

ExxonMobil and Wallenius Wilhelmsen completed the first bunkering of a B30 VLSFO marine fuel blend from FAME distillation residue.