Bunker Fuel

Peninsula and South African bunker barge operator partner to expand physical supply ops

In collaboration with Linsen Nambi, Peninsula will harness local expertise to provide its customers with reliable and efficient solutions in Algoa Bay.

Published

10 months ago

September 17, 2025

Admin

Algoa Bay MarineTraffic / Bernd Bölscher

Independent marine energy supplier Peninsula on Tuesday (16 September) announced the expansion of its physical supply operations in Algoa Bay, South Africa.

This marks the latest step in the company’s strategic expansion, following continued success in Mauritius, Egypt and a robust Intra-African reselling portfolio.

In collaboration with Linsen Nambi, a South African logistics service provider and bunker barge operator, Peninsula will harness local expertise to provide its customers with reliable and efficient solutions in Algoa Bay.

Port Elizabeth and the Coega Port are located within Algoa Bay on South Africa’s southeastern coast; strategically positioned along major international shipping routes, making it an ideal bunker hub.

From October, Peninsula is set to deliver bunkering services for HSFO and VLSFO from a port that sits on one of the world’s busiest maritime routes.

John A. Bassadone, CEO at Peninsula, said: “Our expansion into Algoa Bay is testament to our commitment to providing consistent product availability and optionality to our global customer network.

Linsen Nambi’s local expertise has been invaluable as we prepare to launch the operations, and we look forward to continued collaboration that paves the way for increased activity in South Africa.”

Guillermo Cancela, Regional Supply Manager for the Middle East and Africa at Peninsula, added: “Algoa Bay is an area that, crucially, enables vessels to bunker without berthing, significantly reducing waiting times and lowering costs. Together with our established presence in Mauritius, Algoa Bay allows us to create operational synergies across both markets.

“By making key fuels available at these locations, we are opening doors for new opportunities and providing a reliable service to customers across the continent.”

The launch of Peninsula’s operations follows collaboration with a variety of local stakeholders to reestablish the region’s bunkering activities, in line with the new regulation protocols, providing more options to ship operators working in the region.

Durand Naidoo, CEO at Linsen Nambi, said: “Peninsula’s entry into this market is a strong vote of confidence in the South African bunker industry and highlights its long-term potential. The growth of Algoa Bay as a bunkering destination benefits the region and strengthens South Africa’s role in global shipping.”

Photo credit: MarineTraffic / Bernd Bölscher
Published: 17 September, 2025

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South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

Company says it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply.

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8 hours ago

July 23, 2026

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South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

South Korean petroleum and refining company S-Oil on Wednesday (22 July) said it has started supplying B30 very low sulphur fuel oil (VLSFO), as the company seeks to support shipping’s decarbonisation efforts and growing demand for lower-carbon bunker fuels.

The company said its B30 VLSFO contains 30% sustainable biofuel blended with conventional VLSFO and can be used without requiring modifications to existing vessels, enabling shipowners to comply more readily with emissions regulations from the International Maritime Organization (IMO) and the European Union (EU).

S-Oil said it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply. The system combines VLSFO produced at its Onsan refinery with biofuel production facilities and storage infrastructure in the Ulsan region, allowing the entire process to be carried out within a single logistics hub.

According to the company, the integrated supply chain reduces transportation requirements during production while improving supply efficiency and reliability.

S-Oil also highlighted Ulsan Port as a strategic location for marine biofuel supply, noting the port has strong demand for bio-bunker fuels, particularly from car carriers, enabling prompt and stable deliveries to key customers.

An S-Oil official stated: “In the bio-marine fuel market, not only product quality but also securing a stable supply of raw materials and an efficient supply system are important competitive advantages.

“Based on our existing bunkering business capabilities and the excellent supply infrastructure in the Onsan area, we plan to supply stable and competitive low-carbon fuel.”

Photo credit: S-Oil
Published: 23 July, 2026

Bunker Fuel

Panama bunker fuel sales drops by 10.7% on year in June 2026

Total bunker sales at Panama was 385,100 metric tonnes (mt) in June 2026, compared to sales of 431,147 mt during the similar period in 2025.

Published

8 hours ago

July 23, 2026

Admin

Bunker fuel sales at Panama dropped by 11% in June 2026, according to the latest data from La Autoridad Maritima de Panama, also known as the Panama Maritime Authority (PMA).

Total bunker sales at Panama was 385,100 metric tonnes (mt) in June 2026, compared to sales of 431,147 mt during the similar period in 2025.

In June 2026, the Pacific side of Panama posted bunker sales of 311,400 mt; 185,483 mt of VLSFO, 94,997 mt of RMG 380, 2,722 mt for marine gas oil (MGO), and 28,198 mt of low sulphur marine gas oil (LSMGO) were delivered.

The similar region saw total marine sales of 349,996 mt a year before in June; with VLSFO sales at 206,144 mt, RMG 380 sales at 109,432 mt, MGO sales at 3,043 mt, and 31,377 mt of LSMGO being sold.

Panama’s Atlantic side, meanwhile, recorded total bunker fuel sales of 73,700 during June 2026; the figure comprised 62,169 mt of VLSFO, 382 mt of RMG 380, 3,039 mt of MGO, and 8,110 mt of LSMGO.

It saw total sales of 81,151 mt in June a year before; with VLSFO sales of 60,932 mt, RMG 380 sales of 8,335 mt, 2,935 mt of MGO, and LSMGO sales of 8,949 mt.

Photo credit: jhernandezb05 from Pixabay
Published: 23 July, 2026

Bunker Fuel

Antwerp-Bruges biofuel bunker sales drops 36% on year in Q2 2026, LNG down 13.4%

Biofuel recorded 26,833 mt in Q2 2026 with 41,939 mt recorded in the same period the year before while port data showed 76,513 mt of LNG being delivered in Q2 2026, down from 88,328 mt.

Published

8 hours ago

July 23, 2026

Admin

The Port of Antwerp-Bruges recently published bunker fuel sales data for the second quarter (Q2) of 2026.

Total bunker sales at the port was 2.05 million metric tonnes (mt) in Q2 2026, compared to sales of 1.99 million mt (+3%) during the similar period in 2025.

Deliveries of ultra low sulphur fuel oil, very low sulphur fuel oil, high sulphur fuel oil and marine gas oil in Q2 2026 (against on year) recorded respectively 164,987 mt (+43.6% from 114,917 mt), 537,926 mt (+12.8% from 476,746 mt), 659,182 mt (+11.6% from 590,544 mt) and 366,329 (-15.7% from 434,766 mt).

Biofuel recorded 26,833 mt in Q2 2026 with 41,939 mt (-36%) recorded in the same period the year before.

Port data showed 76,513 mt of liquefied natural gas (LNG) being delivered as a marine fuel in Q2 2026, down by 13.4% from 88,328 mt in Q2 2025. Meanwhile, there has been no deliveries of methanol at the port for the year so far.

Photo credit: Port of Antwerp-Bruges
Published: 23 July, 2026