Global Bunker Prices
Last update --:-- UTC

Danelec and CleanQuote Partner to Connect Vessel Performance Insights with Underwater Services Execution

Danelec and CleanQuote Partner to Connect Vessel Performance Insights with Underwater Services Execution
in
International Shipping News
15/04/2026
Danelec, a GTT Group company, has entered a commercial cooperation agreement with CleanQuote, a global platform for underwater inspection and hull cleaning services. The partnership will help ship operators move from identifying performance deterioration to executing well planned, compliant underwater services.
Central to the collaboration is VESPER, the decision support and benchmarking platform from Vessel Performance Solutions, a GTT Group company, trusted by 40+ customers. By analyzing vessel performance data in real time, VESPER highlights efficiency losses and early indications of hull or propeller fouling, giving operators a reliable basis for determining when action to improve performance should be considered.
“Our goal with VESPER is to give operators precise clarity on when fouling begins to impact performance, well before it becom

Double Blockade Keeps Hormuz Shipping at Fraction of Peace Level

Double Blockade Keeps Hormuz Shipping at Fraction of Peace Level

Arleigh Burke-class guided-missile destroyer USS Frank E. (DDG 121) sails in the Arabian Sea during Operation Epic Fury, March 18, 2026. Navy photo)
Double Blockade Keeps Hormuz Shipping at Fraction of Peace Level
Bloomberg
Total Views: 0
April 15, 2026
By Julian Lee and Prejula Prem (Bloomberg) — Shipping through the Strait of Hormuz, the waterway that’s become a focal point for the global economy, stayed far below peacetime levels as an effective double
blockade
stifles vessel movements.
The number of commercial ships observed sailing through the strait stood at 11 on Tuesday, ship-tracking data compiled by Bloomberg show.

Green Instruments secures significant growth and sets course for further progress

Green Instruments secures significant growth and sets course for further progress
in
International Shipping News
15/04/2026
Green Instruments exceeds its own expectations and emerges stronger in 2025 with significant growth in both gross profit and earnings. The positive development is mainly due to increased demand for innovative products and solutions that can make shipping greener.
Stricter environmental and safety requirements for international shipping are increasing the need for precise measurements and documentation of emissions such as greenhouse gas emissions from ships. This is having an impact on the Danish company Green Instruments, which specialises in technology for emission control, water and gas monitoring, hazard detection and energy optimisation for the shipping industry.
Green Instruments has just presented its annual report for 2025 with significant growth in both gross profit and earnings.

US-Sanctioned Supertankers Enter Gulf Despite Blockade

US-Sanctioned Supertankers Enter Gulf Despite Blockade

Arleigh Burke-class guided-missile destroyer USS Frank E. (DDG 121) sails in the Arabian Sea during Operation Epic Fury, March 18, 2026. Navy photo)
US-Sanctioned Supertankers Enter Gulf Despite Blockade
Reuters
Total Views: 0
April 16, 2026
By Florence Tan
SINGAPORE, April 16 (Reuters) – A second U.S.-sanctioned supertanker has entered the Gulf via the Strait of Hormuz, shipping data showed, despite a U.S.

All Aboard Alliance launches project to help maritime industry better address sexual misconduct at sea

All Aboard Alliance launches project to help maritime industry better address sexual misconduct at sea

All Aboard Alliance launches project to help maritime industry better address sexual misconduct at sea
in
International Shipping News
16/04/2026
The All-Aboard Alliance, a community of maritime companies committed to improving lives at sea, has launched a project to develop a global framework for companies to better identify, prevent, and respond to unwanted sexual behaviour aboard vessels.
There is strong evidence that sexual misconduct at sea is both widespread and significantly underreported; a 2025 report found that 80% of seafarers surveyed had experienced or witnessed a sexual offence at sea within the last five years alone.
This new initiative, called Unspoken, will gather stories from seafarers about their personal experiences with sexual misconduct at sea. These stories will then inform the development of the industry’s first consistent, global framework for companies to better assess the severity of incidents and respond proportionately.
“Improving conditions for our seafarin

FIS Expands its Global Fuel Oil Coverage

FIS Expands its Global Fuel Oil Coverage

FIS Expands its Global Fuel Oil Coverage
in
International Shipping News
16/04/2026
FIS, a leading freight and commodity brokerage, has announced some key hires in Singapore, expanding its coverage of fuel oil products at a crucial moment for global oil markets.
FIS is pleased to welcome Eunjung (Erica) Jeong, Ted Dias, and Vanessa Tay to the Fuel Oil desk. Based in Singapore, the new team will support the established operations, further strengthening the company’s global presence and capabilities in the fuel oil market. The team is now composed of 13 brokers across offices in Shanghai, Singapore, Dubai, and London, providing a 24-hours market coverage and actionable insights to clients during a time of heightened global volatility.
Luke Longhurst, Head of Fuel Oil at FIS said:
“I am really excited to be working with our new Singapore team.

IBIA announces the launch of the Bunker Buyers Working Group

IBIA announces the launch of the Bunker Buyers Working Group
in
International Shipping News
16/04/2026
We are pleased to announce the official launch of the Bunker Buyers Working Group, bringing together shipowners, charterers, and ship managers involved in marine fuel procurement for end use.
The working group has been created to ensure that marine fuels end users’ perspectives are clearly reflected in IBIA’s policy work, regulatory input, and industry guidance. It will provide a practical platform to share operational experience, address bunker buyers’ challenges, and contribute to realistic solutions that support a balanced, fair, and transparent fuel procurement process. Indicative focus areas shall be procurement practices, fuel strategy, quality and quantity, supply / demand dynamics, without engaging in individual commercial disputes and price elements.

Energy prices set to rise as last Gulf Tankers reach Europe, analysts say

Energy prices set to rise as last Gulf Tankers reach Europe, analysts say
in
International Shipping News
16/04/2026
Energy analysts have warned of surging energy prices beyond already elevated levels, as the last vessels carrying oil and natural gas from the Strait of Hormuz before the conflict have reached Europe. Supply forecasts for oil and gas remain optimistic as US deliveries are expected.
Europe should prepare for a renewed surge in energy prices, as the last oil and LNG tankers to depart the Strait of Hormuz before the Middle East conflict have now reached their destinations, analysts warned.
EU countries have been relying on emergency oil reserves released by the International Energy Agency on 11 March, after losing supply to Asian buyers willing to pay more for the last cargoes leaving the Strait of Hormuz. The Strait is a critical waterway that accounted for roughly one-fifth of the world’s oil and LNG transit before the Middle East conflict.
The warning from analysts comes

US blockade on Iranian ports unlikely to impact container traffic through Strait of Hormuz

US blockade on Iranian ports unlikely to impact container traffic through Strait of Hormuz
in
International Shipping News
16/04/2026
US president Donald Trump on Sunday ordered a military blockade of Iranian ports, increasing the tension around the Strait of Hormuz, but shipping market intelligence firm Linerlytica expects the impact on container shipping to be negligible.
“The US naval blockade of the Strait of Hormuz starting from 13 April will further escalate the current tensions but the impact on the container shipping market is negligible as vessel traffic has been largely limited to Iranian linked ships over the past six weeks with just four outbound passages made by neutral operators since the war started on 28 February,” Linerlytica said.
Outside of the Middle East, container freight rates have corrected from their initial post-war peaks due to the lack of any space or equipment shortages, and cargo demand is starting to weaken given the macro-economic uncertainties that the w