Marine Bunker
MAMII expands membership with Chevron, Seapeak, and TotalEnergies joining the initiative
Leading energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative, led by SafetyTech Accelerator.
UAE's Fujairah January marine bunker sales rise to five-month highs
Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.
Marine biofuel premiums soften at top bunker hub Singapore
Spot premiums of marine biofuel fell at world's largest bunker hub Singapore in early 2024, several market sources said, weighed by lukewarm demand, lower biofuel feedstock costs and a stronger underlying benchmark for residual fuel oil.
China's 2023 low-sulfur marine fuel exports up 3% from 2022
China's exports of low-sulfur marine fuels last year rose 3.2% from 2022.
Singapore's marine biofuel demand could double by 2025
Marine biofuel demand at the world's largest bunker hub Singapore could potentially double by 2025 to almost 1 MMt from 2023 levels as shippers seek to cut emissions.
Marine fuel sales fall at UAE's Fujairah in 2023, third largest bunker hub
Sales of marine fuel at the United Arab Emirates' Fujairah dropped by 7.1% in 2023, data showed, though the port retained its position as the world's third largest bunker hub.
Equatorial, TFG and Sinopec are Singapore's top three marine bunker suppliers in 2023
Equatorial Marine Fuel Management Services maintained its top spot among marine bunker suppliers in Singapore, the world's largest bunker hub, while Sinopec Fuel Oil Singapore propelled into No.3 in 2023, latest data from the port authority showed.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
