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2 clusters · 4 sources · 22 days · First seen about 1 month ago · Last updated 14 days ago

Global marine fuel market volatility

Overview

In mid-2026, the marine fuel market experienced significant volatility driven by Middle East conflicts. Initially, buyers faced record-high bunker prices alongside a decline in fuel quality. Data indicated that between January and July 2026, Bunker Alerts regarding fuel stability and abrasive problems had already exceeded the total number of alerts issued in 2024.

By August 2026, the supply squeeze caused by disruptions in the Strait of Hormuz began to ease. While prices for fuels such as Very Low Sulphur Fuel Oil (VLSFO) remained high, major shipping hubs reported that acute shortages had subsided. In Singapore, marine fuel sales rose for the fourth consecutive month, driven by demand for high-sulphur fuels. However, market volatility persists, and the Fujairah bunkering hub in the United Arab Emirates continues to operate at approximately 40 per cent of its pre-war activity levels.

Entities

Fujairah · Emarat Maritime · VPS · Maritime and Port Authority of Singapore · Strait of Hormuz

Timeline

14 days ago

[BUSINESS] 2 sources
Singapore marine fuel sales rise amid stabilizing global bunker supply
Singapore's marine fuel sales rose for a fourth straight month in August as global bunkering hubs stabilize despite ongoing supply disruptions in the Strait of Hormuz.
about 1 month ago

[BUSINESS] 3 sources
Marine fuel quality declines as bunker prices reach record highs
Marine fuel buyers face rising bunker prices and declining fuel quality in 2026, with a sharp increase in Bunker Alerts for HSFO and VLSFO fuels due to stability and abrasive issues.

Sources

bairdmaritime.com · marinelink.com · maritimeprofessional.com · shipandbunker.com