Weekly Market Update 18 – 22 March 2024
March 22, 2024
IMO to form ammonia, hydrogen bunkering guidelinesTFG Marine, GRM team up to supply bunkers in Port LouisBio-bunker demand wanes in Singapore and ChinaIMO members favour GHG pricing mechanism – UMASErik Thun Group wants to run LNG-fuelled ships on e-methaneNordic duo to build biogas liquefication plant in GothenburgUS fuel oil production jumps to highest level since 2018Plus, weekly Brent developments Read More
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A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- IMO to form ammonia, hydrogen bunkering guidelines
- TFG Marine, GRM team up to supply bunkers in Port Louis
- Bio-bunker demand wanes in Singapore and China
Weekly Market Update 11 – 15 March 2024
March 15, 2024
Unimot starts physical bunker supply in Polish portsRotterdam to expand LNG bunkering capacityPanama Canal Authority opens for more daily transit slotsGCMD identifies ammonia bunkering sites in SingaporeMaersk vessel to be retrofitted with methanol propulsionNorway grants funding for 17 shore power projectsAntwerp-Bruges emerges as fourth biggest bunker hubPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Unimot starts physical bunker supply in Polish ports
- Rotterdam to expand LNG bunkering capacity
- Panama Canal Authority opens for more daily transit slots
Weekly Market Update 04 – 08 March 2024
March 7, 2024
Scrubber economics boost with Singapore's Hi5 spreadCallaos HSFO prices could improve with replenishmentOffshore bunkering remains suspended in Algoa BaySuez tanker traffic picked up through FebruaryGasum to expand e-methane supply for marine fuel marketOrderbook for ammonia-capable vessels continues to grow DNVUS fuel oil production and imports soared in FebruaryPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Scrubber economics boost with Singapore’s Hi5 spread
- Callaos HSFO prices could improve with replenishment
- Offshore bunkering remains suspended in Algoa Bay
Weekly Market Update 26 February – 1 March 2024
March 1, 2024
Zona Comun grapples with bunker fuel supply crunchTFG Marine enters the physical Middle East bunker marketPanama-flagged vessels advised to avoid the Red SeaLNG bunker demand to grow '10x' by 2033 - AvenirWallenius Wilhelmsen orders four more dual-fuel methanol vesselsEPS orders multiple dual-fuel vessels from ChinaFujairah’s fuel oil inventories rise 2% in FebruaryPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Zona Comun grapples with bunker fuel supply crunch
- TFG Marine enters the physical Middle East bunker market
- Panama-flagged vessels advised to avoid the Red Sea
Weekly Market Update February 19 – 23 2024
February 23, 2024
Tight supply in Japan as refineries divert volumesScorpio to retrofit entire fleet with emulsion bunker techChina’s VLSFO production surged to improve availabilityLNG bunker demand to hit 5 million mt this year – ShellMabanaft to build new green
methanol plant in AustraliaNYK looks to Chile to bunker bulk
carriers with ammoniaPanama's bunker sales take a hit as arrivals decreasePlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Tight supply in Japan as refineries divert volumes
- Scorpio to retrofit entire fleet with emulsion bunker tech
- China’s VLSFO production surged to improve availability
Weekly Market Update February 05 – 09 2024
February 9, 2024
Good start to the year for methanol orders - DNVEU pushes for 90% emission cut by 2040Liberia backs 'viable' carbon capture on shipsIMO urged to allow more biofuel in bunker blendsQuadrise and Cargill eye emulsion fuel bunkering in AntwerpMolgas enters French LNG bunker market with first stemBarcelona’s LNG sales surged in 2023Plus, weekly Brent developments Read More
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A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Good start to the year for methanol orders – DNV
- EU pushes for 90% emission cut by 2040
- Liberia backs ‘viable’ carbon capture on ships
Weekly Market Update January 29 – February 2 2024
February 2, 2024
More tankers avoid Suez Canal transitsJoint effort needed to fix complex shipping crisis - UNCTADMaersk launches first large methanol-fuelled container shipTFG deploys dual-fuel bunker tanker in SingaporeONE gets DNV nod for ammoniacapable dual-fuel vessel conceptPurus Marine takes ethanol dualfuel VLEC count to threeOil-to-gas switching boosts Rotterdam LNG salesPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- More tankers avoid Suez Canal transits
- Joint effort needed to fix complex shipping crisis – UNCTAD
- Maersk launches first large methanol-fuelled container ship
Weekly Market Update January 22-26 2024
January 26, 2024
Sri Lanka suppliers stockpile to supply diverted vesselsRed Sea crisis dents bunker demand off MaltaDiverted vessels turn to Walvis Bay to bunker – PireddaMaersk Oil Trading tops Singapore's biofuel salesHutanBio receives funding to develop algae-based biofuelsSeaside LNG claims first US Gulf Coast ship-to-ship LNG bunkeringUS fuel oil production up despite overall utilisation dropPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Sri Lanka suppliers stockpile to supply diverted vessels
- Red Sea crisis dents bunker demand off Malta
- Diverted vessels turn to Walvis Bay to bunker – Piredda
Weekly Market Update January 15-19 2024
January 19, 2024
Houthis hit US-operated bulk carrier in Gulf of Aden Rohe Solutions delivers first LNG stem in KokkolaPetronas ramps up LNG supply with new bunker vesselTFG Marine to supply methanol in SingaporeFujairah sales took a hit in 2023Zhoushan becomes fourth biggest bunker port - JLCSingapore records surge in biofuel sales in 2023Plus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Houthis hit US-operated bulk carrier in Gulf of Aden
- Rohe Solutions delivers first LNG stem in Kokkola
- Petronas ramps up LNG supply with new bunker vessel
Weekly Market Update January 08 – 12 2024
January 11, 2024
Pertamina expands Bali supply for cruise ships Red Sea diversions boost West Africa bunker demandRed Sea crisis drives bunker demand up in Sri Lankan portsGasum to supply e-methane to ships from 2026Avenir LNG extends charters for two bunker vesselsSeaspan launches LNG bunker vessel for Panama deploymentFujairah’s fuel oil inventories drawn 16% this monthPlus, weekly Brent developments Read More
View this update as a PDF (recommended for mobile) »
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Pertamina expands Bali supply for cruise ships
- Red Sea diversions boost West Africa bunker demand
- Red Sea crisis drives bunker demand up in Sri Lankan ports
