概要
新規制の導入により、船舶用燃料市場が根本的に変化してきています。市場動向を反映する信頼できるインサイトとデータへのアクセスがこれまで以上に重要となっています。
従来型燃料と代替燃料の価格差のデイリーレポート、当社の市場見通しと予測により効果的な計画策定を支援します。
アーガスは船舶用燃料の国際市場を網羅しており、市場主導の価格評価、需給データ、価格予測、フォワードカーブ価格をお届けします。最新ニュース、市場解説、市場エキスパートによる詳細な分析・見識を、お客様のニーズに最適な代替船舶燃料の決定にお役立てください。
Latest marine fuels news
Browse the latest market moving news on the marine fuels industry.
Brazil's MGO demand slumps due to export tax
Brazil's MGO demand slumps due to export tax
Sao Paulo, 19 March (Argus) — Demand for marine gasoil (MGO) in Brazilian ports has plummeted because the Brazilian government's implementation of a 50pc tax on diesel exports and its derivatives have made the product uneconomical to export. The tax, which took effect on 12 March , applies to MGO exports and sales in Brazilian ports to internationally flagged vessels. Since then, suppliers have described MGO demand as "non-existent", with participants mainly buying very-low-sulfur fuel oil (VLSFO). Even domestically flagged vessels have prioritized VLSFO for cabotage because of the higher price of MGO in Brazil. Disruption at the strait of Hormuz, through which 20pc of the world's oil typically flows, has strained the global oil supply. As a result, the Brazilian market is facing a shortage of diesel derivatives. The tax aims to retain product in the domestic market and contain price increases. Brazilian suppliers exporting MGO and gasoil to Africa and Europe have also reported that buyers cancelled volumes scheduled for the coming weeks. The 50pc tax makes Brazilian diesel much more expensive than international prices, a supplier said. Argus assessed MGO in Santos at $1,482/metric tonne (t) and at $1,541/t in Rio de Janeiro on 18 March. Those prices exclude the 50pc tax. By Gabriel Tassi Lara Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Fujairah oil loadings halted after new drone strike
Fujairah oil loadings halted after new drone strike
Dubai, 16 March (Argus) — Oil loading operations at the port of Fujairah in the UAE have been suspended after a drone strike sparked a fire in the emirate's petroleum industrial zone early today, according to local authorities and people familiar with port operations. The Fujairah government media office said a fire broke out in the Fujairah oil and petrochemicals area after the site was targeted by a drone. Civil defence teams were dispatched to contain the blaze and no casualties were reported. Oil loading activities at the port were halted as a precaution while damage assessments are under way, according to people familiar with port operations. Fujairah, located on the Gulf of Oman outside the Strait of Hormuz, is a critical hub for the UAE's crude exports, refined product storage and bunkering operations. The port handles shipments of Murban crude exported through the UAE's Habshan–Fujairah pipeline system (Adcop), with a 1.5mn b/d capacity, and serves as one of the world's largest storage and fuel supply hubs for ships operating in the Mideast Gulf. The UAE had been "sweating its assets" since the strait's closure, sources had informed Argus , and the pipeline was estimated to be carrying 1.7mn–1.8mn b/d before today's hit. The latest incident marks the second disruption at Fujairah in recent days. At least two crude storage tanks were damaged in drone strikes on 14 March and later caught fire, sources familiar with port operations told Argus earlier. A separate strike was reported near the Vopak terminal area, although the exact location was not confirmed. Fujairah Oil Tanker Terminal, where most crude loading operations take place, also sustained damage earlier this month from falling debris following what authorities described as a successful air defence interception. Most storage terminals and berths at the port resumed operations following the earlier incident, although some infrastructure had yet to fully recover. The attacks come as the war between the US-Israel coalition and Iran has effectively halted most tanker traffic through the Strait of Hormuz, forcing Gulf producers to curtail exports and adjust production. Energy infrastructure across the UAE has come under increasing pressure in recent days. A drone strike today also triggered a fire at a fuel storage facility near Dubai International Airport, briefly disrupting flight operations at one of the world's busiest aviation hubs before the blaze was contained. International oil companies have already begun reporting operational disruptions linked to the conflict. France's TotalEnergies said last week that production had been shut down or was in the process of shutting down in Qatar, Iraq and offshore UAE operations, representing around 15pc of the company's global output. The firm said onshore UAE production of roughly 210,000 b/d linked to its interests remained unaffected, while the impact of LNG disruptions in Qatar on its trading operations was limited. Fujairah has become increasingly important to global oil markets because it allows UAE crude to be exported without passing through the Strait of Hormuz, equivalent to over 1.5pc of global oil demand. The hub has extensive storage capacity for crude and refined products and supplies bunker fuel to vessels transiting the region. By Bachar Halabi Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Q&A: Exolum on launching UK biomethanol bunkering
Q&A: Exolum on launching UK biomethanol bunkering
London, 13 March (Argus) — Biomethanol is gaining traction as a marine fuel as shipowners work to cut lifecycle greenhouse gas (GHG) emissions. European demand has risen since FuelEU Maritime took effect last year, requiring vessels calling at EU ports to reduce the GHG intensity of their energy use — a target that rises from 2pc today to 6pc in 2030 and 80pc by 2050. Rotterdam's biomethanol bunkering volumes reflected this shift, rising by 200pc on the year to 11,800t in 2025. A growing number of operators are turning to methanol-capable fleets, including new dual-fuel ships ordered by companies such as Maersk. Activity is also picking up in the UK, even without a similar maritime mandate. Exolum and Orsted have launched a biomethanol storage and supply service at the port of Immingham, supported by a dedicated 2,700m³ tank and capacity to refuel vessels of about 400m³ every two weeks. Orsted will use the facility to supply its North Sea offshore wind farm support vessels with biomethanol produced by Methanex. Biomethanol is also used in the UK as a gasoline blending component, although consumption has declined since the US–UK ethanol trade agreement signed last year. Argus spoke with Gorka Penalva, Exolum's northwest Europe commercial lead, about the company's plans and market perspective. What specific market signals convinced Exolum that now was the right time to invest in dedicated biomethanol storage and bunkering capacity at Immingham? Biomethanol is one of the first alternative marine fuels where demand, supply and infrastructure readiness are aligning at the same time. It has a high technological readiness level, and existing oil terminal infrastructure can be repurposed with relatively limited modification. At the same time, we are seeing resilient, long-term demand for low-carbon fuels from the global shipping sector, which remains structurally difficult to electrify. For Exolum, the ability to adapt existing assets at Immingham, combined with a strong strategic fit with our energy-transition roadmap and northwest European growth plan, made the investment case compelling. Our partnership with Methanex and Orsted further reinforced that decision by providing supply certainty and a committed launch customer from day one. Biomethanol sales in Rotterdam have increased under FuelEU Maritime. Has the absence of an equivalent UK mandate made commercial planning more difficult? FuelEU Maritime is creating a clear demand signal in the EU by mandating the gradual uptake of lower-carbon marine fuels. The UK does not yet have an equivalent binding framework for international shipping, although it is moving in the same direction through economy-wide greenhouse-gas reduction targets. Long-term policy clarity always helps derisk investment, particularly for infrastructure designed to scale. At Immingham, however, the ability to repurpose existing infrastructure materially lowers the risk threshold. That flexibility allows us to move ahead even in the absence of a UK-specific mandate, while remaining well positioned should policy evolve further. With 60 methanol-capable vessels in operation or on order, how does Exolum see biomethanol demand evolving in UK ports over the next five years? We expect demand for methanol and biomethanol to grow steadily as more dual-fuel vessels enter global service. These fuels are among the first alternatives likely to scale, supported by liner commitments and relatively low conversion costs for existing terminals. Over the next five years, growth in UK ports is likely to be steady rather than exponential, tracking vessel deliveries and early trade routes rather than speculative supply. Given the resilience of green fuel demand through to 2040 and beyond, we see biomethanol becoming an increasingly important part of the UK bunkering mix. Exolum's national footprint — around 20pc of the UK's bulk fuel storage capacity across 10 ports — positions us well to support that evolution. Are you receiving early interest from non-Ørsted shipowners for biomethanol bunkering at Immingham? Yes. The infrastructure has been designed as a commercial offering rather than a single-customer pilot, with capacity available for additional users from day one. We are in discussions with multiple parties exploring biomethanol as part of their decarbonisation strategies. That interest reflects the broader momentum toward alternative marine fuels across the sector. Is Exolum considering establishing similar biomethanol infrastructure at other UK ports? Yes, where customer demand materialises. We operate terminals at 10 major UK ports, which gives us a strong platform to scale green fuel logistics as markets develop. Our ambition is to build a green bunkering network aligned with how fleets, trade routes and green shipping corridors evolve. Immingham demonstrates the model; replication will depend on demand, emerging routes and the clarity of long-term policy frameworks. Rotterdam biomethanol sales have increased to 11,800t in 2025. Do you see Immingham becoming a meaningful competitor, or will the centre of gravity remain in the ARA region? The growth in biomethanol volumes at Rotterdam underlines the structural strength of the ARA region. Scale, liquidity and proximity to multiple end-users continue to make it the natural hub for trading and redistribution. Immingham has clear potential, particularly linked to UK industrial demand and early marine applications, and it can develop into a meaningful regional hub. However, we do not see it as a direct competitor to ARA. In the near to medium term, the centre of gravity for biomethanol will remain in ARA, with ports like Immingham playing a complementary role as volumes grow and use cases expand. By Evelina Lungu Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
UAE's Fujairah terminals resume loading after attacks
UAE's Fujairah terminals resume loading after attacks
Dubai, 12 March (Argus) — Most storage terminals and berths at the Middle East's key products storage and bunkering centre Fujairah, the UAE, are operating, following earlier suspensions of operations, according to trade and shipping sources. At the 1.18mn m³ Fujairah Oil Tanker Terminal (FOTT), all the berths of Oil Terminal 1 (OT1) and a VLCC jetty are operating and few berths at OT2 are able to accept vessels, shipping agent reports showed. FOTT, where most crude loadings take place, had sustained damage from "falling debris following a successful interception by the air defenses" on 9 March, according the emirate of Fujairah's press office. Abu Dhabi state-owned Adnoc earlier today informed equity partners that it will now allow its international partners with a share of Murban production to load some March-loading volumes of the grade from Fujairah port. One bunker supplier said they were waiting for the port's permission to send a barge to Vopak Horizon's storage terminal, another key terminal in Fujairah, even though it was still not operating as of this morning. All other fuel terminals are operating, except Mena Fujairah Terminal, where drone debris damaged naphtha tanks last week. Many tank terminal operators had stopped loadings as Iran continued to target the regions energy infrastructure in retaliation for the US-Israeli air strikes, but limited bunker supply operations continued, mostly from the products stored in barges, bunker suppliers said. Fujairah is a key supplier of bunker fuel for ships transiting the strait of Hormuz and is the world's third-largest crude and products storage hub. By Elshan Aliyev Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Spotlight content
Browse the latest thought leadership produced by our global team of experts.
Explore our marine fuels products
Argus marine fuel solutions provide global daily and forecasted prices for conventional and alternative marine fuel prices, as well as daily forward curves prices.
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.



