Fuel oil trading

Residual fuel trading, blending economics, VLSFO and HSFO spreads, marine fuel supply and bunker market developments.

A large cargo ship or tanker at sea, representing the shipping industry and its fuel needs.

ICS Notes Safety Challenges for New Fuels in Shipping Decarbonisation

The International Chamber of Shipping (ICS) has highlighted that the introduction of new fuels for shipping's decarbonisation will necessitate updated safety frameworks, procedures, and training.

27 Aug 2026 · GCP Newsroom · 2 min read

Illustration of a nuclear reactor or a ship powered by advanced fuel

Ampera and LLNL Partner on Advanced Nuclear Fuel Development

Ampera and Lawrence Livermore National Laboratory (LLNL) have formed a partnership focused on the development of advanced nuclear fuel, with Ampera specifically working on a subcritical micronuclear reactor platform for maritime applications.

27 Aug 2026 · GCP Newsroom · 2 min read

A large container ship sailing on the ocean, representing the shipping industry and its fuel needs.

DNV Advises Flexible Decarbonisation Strategies for Shipping Fleets

DNV's latest Maritime Forecast to 2050 report suggests shipping companies should adopt flexible strategies to navigate diverse regulatory, fuel, and technology scenarios for decarbonisation.

27 Aug 2026 · GCP Newsroom · 2 min read

A large tanker ship transporting fuel or crude oil.

Diesel Prices Remain High Amid Refining Capacity Concerns

Diesel prices continue to exceed $5, with an industry expert indicating that refining capacity, rather than crude oil supply, is the primary driver of the elevated costs.

27 Aug 2026 · GCP Newsroom · 2 min read

A large tanker ship being refuelled at a port, representing marine fuel operations.

Petrol Ofisi Maintains Lead in Turkish Marine Fuel Market

Petrol Ofisi's marine fuels division, PO/Marine, reportedly held the largest share of Turkey's marine fuel market for the seventh consecutive year in 2025, according to Ship & Bunker.

27 Aug 2026 · GCP Newsroom · 2 min read

A large container ship being refueled with green methanol at a port terminal.

Ningbo-Zhoushan Port Achieves Green Methanol Bunkering Record

Ningbo-Zhoushan Port recently set a new record for green methanol bunkering in Zhejiang province, supplying a substantial volume to a Cosco dual-fuel vessel.

27 Aug 2026 · GCP Newsroom · 2 min read

A large cargo ship or car carrier, potentially operated by Wallenius Wilhelmsen or EUKOR, at sea or in port.

EcoMethanol to Supply Green Methanol to Wallenius Wilhelmsen and EUKOR

EcoMethanol is set to provide green methanol to vessels operated by Wallenius Wilhelmsen and EUKOR, as the company progresses with a new production plant in South Korea.

27 Aug 2026 · GCP Newsroom · 2 min read

A modern marine vessel or a battery storage unit, representing advanced energy solutions for shipping.

Corvus Energy Launches Blue Whale NxtGen Power System

Corvus Energy AS, a marine energy storage solutions provider, has introduced its new lithium iron phosphate (LFP) energy storage system, Blue Whale NxtGen Power, developed in collaboration with BYD Energy Storage.

27 Aug 2026 · GCP Newsroom · 2 min read

A large cargo ship or tanker at sea, representing civilian shipping

IAEA Launches Global Initiative for Nuclear Power in Civilian Shipping

The International Atomic Energy Agency (IAEA) has introduced a new global initiative to establish the necessary regulatory and safety frameworks for reintroducing nuclear power into civilian maritime operations.

27 Aug 2026 · GCP Newsroom · 2 min read

A large container ship being refueled at a port, with the Singapore skyline in the background.

Singapore's Maritime Centre Advantage Shifts Towards Trust

A fuel and freight price risk specialist suggests that Singapore's competitive edge as a maritime centre is evolving from scale and liquidity to an emphasis on trust.

27 Aug 2026 · GCP Newsroom · 2 min read

Bunker tanker alongside a vessel in a European port

Fuel Oil Trading

Alkagesta Fuel Oil Market Outlook August 2026: Hormuz and Rhine Choke Point Pressures

Alkagesta's August 2026 fuel oil market outlook warns that a stalled Strait of Hormuz reopening and record-low Rhine water levels are squeezing prompt VLSFO and bunker supply across Singapore, Northwest Europe and the Mediterranean.

13 Aug 2026 · GCP Newsroom · 2 min read

Tanker docked at a European port with cranes and containers, illustrating Alkagesta's European gasoil market outlook

Alkagesta European Gasoil Market Outlook: Rhine Crisis and the 2026 Supply Squeeze

Alkagesta's European gasoil market outlook for July 2026 sets out a steeply backwardated distillate market, ARA inventories at their lowest since 2022 and a Rhine bottleneck that has cut barge loading capacity to 16.6%.

30 Jul 2026 · GCP Newsroom · 2 min read