Weekly Market Update 31 July – 04 Aug
August 4, 2023
Vopak ramps up renewable diesel storage in LABunkering suspended in Gibraltar after oil spill incidentRoyal Den Hartogh, OCI supplied methanol blendStrong month for methanol-fuelled vessels – DNVWärtsilä to supply methanol engines for CMA CGM s newbuildsDeltamarin to design multiple LNG and methanol-fuelled vesselsFujairah’s fuel oil stocks slumped 9% in JulyPlus, 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:
- Vopak ramps up renewable diesel storage in LA
- Bunkering suspended in Gibraltar after oil spill incident
- Royal Den Hartogh, OCI supplied methanol blend
Weekly Market Update July 24-28
July 28, 2023
Norway to introduce 6% biofuel blending mandateSixfold rise in Hambantota's bunker fuel throughputBunker One delivers biofuel in AarhusBunker delivery crews to be trained on methanolFuelEU Maritime officially adopted in EuropeUpcoming e-methanol plant in Finland to power shippingMassive alternative fuels sales growth in Rotterdam Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Norway to introduce 6% biofuel blending mandate
- Sixfold rise in Hambantota’s bunker fuel throughput
- Bunker One delivers biofuel in Aarhus
Weekly Market Update July 17-21
July 21, 2023
OCI Global supplies first bio-methanol stem in UlsanShell expands its Americas’ LNG bunker barge fleetAntwerp-Bruges’ throughput dropped 6% in 1H 2023Tacoma accelerates net zero target by 10 yearsFuelEU Maritime not ambitious enough’ T&EWinGD to launch ammonia-fuelled engine in 2025Singapore bio-blended bunker sales surged 30% in Q2 Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- OCI Global supplies first bio-methanol stem in Ulsan
- Shell expands its Americas’ LNG bunker barge fleet
- Antwerp-Bruges’ throughput dropped 6% in 1H 2023
Weekly Market Update July 10-14
July 14, 2023
MEPC80: IMO puts shipping closer to 1.5°C goal, more work needed aheadVLSFO contamination in the US Gulf Coast areaFirst bunkering operation completed in SokhanaBio-methanol in Amsterdam and massive ship orderStone Oil to supply renewable diesel on US Gulf CoastShipping emissions inching towards 'point of no return' - T&EFujairah's fuel oil stocks drawn 10% coming into July Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- MEPC80: IMO puts shipping closer to 1.5°C goal, more work needed ahead
- VLSFO contamination in the US Gulf Coast area
- First bunkering operation completed in Sokhana
Weekly Market Update July 3-7
July 7, 2023
MEPC80: UN boss urged immediate climate action from shipping regulatorsMabanaft to explore biofuels in CopenhagenMonjasa to operate three bunker tankers in SingaporeLA and Nagoya to develop green corridorFujairah's fuel oil stocks declined 11% in JuneMEPC 80: Consensus grows for net zero by 2050 at IMO - SashaMEPC 80: Daft GHG targets fall short Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- MEPC 80: UN boss urged immediate climate action from shipping regulators
- Mabanaft to explore biofuels in Copenhagen
- Monjasa to operate three bunker tankers in Singapore
Weekly Market Update June 26-30
June 30, 2023
Countdown to MEPC 80: IMO Secretary General calls for decisive actionShiny Shipping expands bunkering to OmanHormuz Marine launches bunker operations in KhasabLatest EU sanctions package targets Russian STS transfersUS residual demand slumps to eight-year lowJapan seeks 5% green fuels by 2023 and mass retrofitsShipping can halve emissions this decade without denting trade Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Countdown to MEPC 80: IMO Secretary General calls for decisive action
- Shiny Shipping expands bunkering to Oman
- Hormuz Marine launches bunker operations in Khasab
Weekly Market Update June 19-23
June 23, 2023
TFG Marine starts offering HSFO in Trinidad and TobagoNew bunkering facility coming in YanbuTight supply pushes Rotterdam's HSFO price to global premiumsEurope's cruise ships emit as much toxic sulphur as 1 billion cars - StudyPanama bunker sales up in May as HSFO demand hot one-year highMaersk to retrofit vessel with dual-fuel methanol engineMore support for carbon tax ahead of MEPC 80 Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- TFG Marine starts offering HSFO in Trinidad and Tobago
- New bunkering facility coming in Yanbu
- Tight supply pushes Rotterdam’s HSFO price to global premiums
Weekly Market Update June 12-16
June 16, 2023
New bunkering requirements at Zona ComunMonjasa adds two bunker tankersScott launches Jamaican bunker operationsHSFO supply squeezed in the ARA amid sweetening EU crude slates Singapore bunker sales up for third consecutive monthQ&A: Port of Gothenburg urges practical measures to boost methanol bunkeringGlobal oil demand growth to 'decelerate' - IEA Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- New bunkering requirements at Zona Comun
- Monjasa adds two bunker tankers
- Scott launches Jamaican bunker operations
Weekly Market Update June 5-9
June 9, 2023
Peninsula starts physical supply in EgyptBunker One and Propeller to sell Greenergy bunkers in the UKMethanol bunkering coming to Klaipeda Singapore working to address safety concerns around ammonia bunkering Fujairah fuel oil stocks rise despite exports Fujairah's fuel oil stocks rise 4% this monthRotterdam to study Australian ammonia export terminal Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Peninsula starts physical supply in Egypt
- Bunker One and Propeller to sell Greenergy bunkers in the UK
- Methanol bunkering coming to Klaipeda
Weekly Market Update May 29 – June 2
June 1, 2023
Petrobras expands LSMGO to ParanaguaMinerva completes first bunker supply operations in EgyptPorts of Stockholm eyes CCS infrastructure New hubs for Russian Urals STS transfers discovered - Vortexa Fujairah fuel oil stocks rise despite exports Major ports support alternative fuels Norwegian startup to debut onboard ammonia cracking Plus, weekly Brent developments Read More
A summary of the most important developments in the bunker market, published every Friday.
This week’s Top 3 headlines:
- Petrobras expands LSMGO to Paranagua
- Minerva completes first bunker supply operations in Egypt
- Ports of Stockholm eyes CCS infrastructure
