Bad weather keeps bunkering halted in Zhoushan; bunker demand low across several South Korean ports; bunker demand drops in Jeddah.
Firm has agreed to acquire Energy Petrol, one of Turkey’s independent marine fuel distributors, in a deal that includes eight bunkering vessels and a lease of 28,000 cbm of tank capacity in Turkey.
‘Moeve and Galp did not reach final terms that met their respective criteria to support an enduring and value-accretive partnership,’ says Moeve in a statement.
Advisory follows reports of fuel quality problems at Antwerp, Rotterdam, Houston, Singapore, Hong Kong, Piraeus and other bunkering locations during the past six months.
Biofuel recorded 13,459 mt in Q3 2026 with 55,726 mt (-75.8%) recorded in the same period the year before.
Port data shows year-on-year declines in deliveries of conventional marine fuels and LNG in Q3 2026, while volumes of some bio-blended fuels increased.
B100 slips to a $62/mt discount to HSFO in Rotterdam; LBM’s premiums over B100 widen by $160-161/mt in Rotterdam; front-month ICE Brent futures climb to $114.97/bbl ($843/mt).
‘Disciplined risk management is what has allowed Burando to grow with confidence, and Tue’s appointment underlines how seriously we take it,’ says Ruben Blok, CEO.
Following the naming ceremony, EPS says it intends to bunker green ammonia supplied by LOTTE Fine Chemical, Asia’s largest ammonia distributor, at its terminal in Ulsan.