Bunker Fuels

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

UAE oil exports rebounded to 85% of pre-Iran conflict levels in early June, leveraging pipelines and alternate routes.

CHIMBUSCO and Shenergy Group signed China's largest single green methanol procurement deal for 6,000 tons

Pemex and Petrobras signed an MoU to collaborate on decarbonization, alternative fuels, and carbon capture for two years

Iran's oil industry expects a slow recovery in crude output and exports, despite ongoing talks to lift sanctions.

Middle East conflict and Hormuz blockade are pushing marine fuel prices higher, increasing the appeal of alternative fuels

NYK Line has chartered VLGCs to transport low-carbon ammonia from Louisiana to Japan for JERA's power generation.

Monjasa's latest trainee group from its MOST program has graduated, with most joining the company's global offices.

Geopolitical and economic instability, coupled with regulatory uncertainty, are the top risks for the maritime industry.

The Port of Antwerp-Bruges is expanding its alternative fuel infrastructure to help shipping meet 2050 emissions goals

Oil prices fell sharply after the US reportedly eased sanctions on Iran, signaling increased crude supply.

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.