The commodity trader reported record first-half revenue of $3.5 billion and expects full-year volumes above 10 million tonnes as it moves into crude and scales jet fuel trading.
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Singapore is preparing standards, infrastructure and operational capabilities for several marine fuels at once rather than betting on a single winner, Senior Minister of State Murali Pillai told the SIBCON 2026 conference.
The 24th Singapore International Bunkering Conference and Exhibition (SIBCON 2026), organised by the Maritime and Port Authority of Singapore, runs 13–15 October 2026 at Resorts World Sentosa under the theme "Charting a Resilient Multi-Fuel Future", with new standards for ammonia bunkering and digitalisation among the headline announcements.
Announced at SIBCON 2026, Singapore's plan to license LNG floating storage units follows the award of eight LNG bunker supplier licences in July and record LNG bunker sales of 571,400 tonnes in 2025.
At SIBCON 2026, Singapore set out a multi-fuel bunkering strategy spanning ammonia, LNG, bio-methane and ethanol, with record LNG bunker sales and the world's largest ethanol bunkering operation planned.
Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.
Oil prices edged higher as Middle East tanker attacks and Hurricane Isaias heightened supply concerns.
'The cooperation with Biotrend could open up a new source of renewable gas for European markets while further diversifying Uniper's portfolio'.
Crude oil prices, which dipped on Tuesday, reversed their direction, with Brent ticking above $100 again earlier today following reports of fresh Houthi attacks on Saudi energy infrastructure. At the time of writing, Brent crude was trading at $101.49 per barrel and West Texas Intermediate was changing hands for $90.14 per barrel, despite a statement from Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, who said Tuesday the kingdom’s oil flows via the Rast-West pipeline had rebounded to 5.8 million barrels daily. The statement…
Tajikistan announced that it is now receiving oil and petroleum products from Iran, opening a potential new energy source for a country whose fuel supplies have long been dominated by Russia. The deliveries began in late August, Tajikistan's Energy and Water Resources Ministry told the Asia-Plus news agency, following talks between the two countries on expanding cooperation in the oil and gas sector. The ministry has not disclosed the volume of the shipments, their commercial terms, or how the oil and petroleum products were transported to Tajikistan.…
Iranian oil is disappearing from the market just as its biggest buyer returns for more. China’s recovering crude demand is colliding with the loss of a supplier that sustained its independent refiners through the crisis, forcing them to compete for increasingly expensive alternatives. The consequences reach beyond China: every replacement barrel tightens supplies for other buyers, while Tehran faces a growing incentive to disrupt the Strait of Hormuz, which is now carrying an unexpectedly strong 13 million barrels a day (just 5 million below…
A ship’s anchor can wreak havoc on the world’s undersea infrastructure, something that has provided plenty of rich material for Splash reporting in recent years. For Elisabeth Braw, the Cook Islands-flagged tanker Eagle S provides one of the most brazen examples. On Christmas Day 2024, the vessel was accused of dragging its anchor 90 km …
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge; DSV expands US-Mexico freight operations with McAllen office; and Texas university seeks $772,700 for AI-powered Laredo freight project. US takes 76% of vehicle exports as September shipments plunge More than three-quarters of Mexico’s light-vehicle exports were destined for the U.S. during the first nine months of 2026, underscoring the importance of cross-border automotive t
Crude posted its biggest gain in a month amid Middle East tensions and hurricane-related production cuts.
A source-attributed examination of reporting on networks accused of copying damaging allegations across clusters of websites, and the legal and technical challenges involved in responding.
Oil prices pulled back on Tuesday, reversing recent gains as investors weighed signs of export recovery by Middle Eastern producers against uncertainty surrounding the fate of the Iran war. Brent crude for November delivery fell 1.5% to trade at $103.72 per barrel at 1.10 pm ET, while WTI crude for October delivery declined 2.2% to change hands at $90.62/bbl. Crude exports from the region climbed to 15.5 million barrels per day in September, good for more than 80% of prewar levels and the highest level since the conflict began seven months ago.…
Capesize The market enjoyed a notably bullish week, recovering strongly after the UK holiday-shortened start and building momentum across both basins. Early weakness in the Pacific quickly proved short-lived as sustained miner participation tightened available tonnage and restored confidence. By midweek, all major miners were actively fixing, driving C5 steadily higher and attracting increasingly aggressive ...
Freight broker RXO said Tuesday that its truckload spot rate index recorded its biggest sequential gain in five years during the second quarter. The dataset, which tracks linehaul rates excluding fuel surcharges, has continued to step higher in the third quarter. “The index has not experienced this level of rate inflation since pandemic-era surges, with the second quarter hitting both the highest year-over-year reading and largest sequential increase since the second quarter of 2021,” the report said. RXO’s ( NYSE: RXO ) Curve Report showed second-quarter spot rates were up 32.4% y/y, an accel
#fwtv_MNSswMZkJ8 .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_MNSswMZkJ8 .fwtv-panel p{margin:0 0 12px}#fwtv_MNSswMZkJ8 .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Private fleets face mounting costs while carrying over $100 billion in empty backhaul capacity. Russell Jones, CEO of Private Fleet Net Zero, explains how his platform unlocks this unused capacity, offering freight brokers a 25% discount and higher service levels. Discover how digital freight matching for private fleets can transf
Credit terms, not commission, are becoming the competitive battleground for brokerage desks.
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Fuel oil and petroleum products trading · Malta
Alkagesta is a commodity trading company active in petroleum products, with a business built around fuel oil, gasoil and related refined products. Its activity spans physical supply, storage and the shipping arrangements required to move cargoes between refining centres and demand markets.
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A conversation with a marine fuels supplier on quality assurance, blending and buyer trust.
