Energy · input

Marine Diesel and Bunker Fuel

Diesel and heavy fuel oil for commercial fishing vessels; major operating cost (~30-40% of gross revenue for offshore trawlers); bunker fuel prices track crude oil; IMO 2020 low-sulfur mandates added cost

7

Source countries

4

Companies

1

Goods affected

0

Claims on record

What depends on it

Goods that need this input

1 essential American goods rely on marine diesel and bunker fuel somewhere upstream in their supply chain.

Where it comes from

Source countries

Share of global supply, by country.

Who makes it

Supplier companies

4 companies produce marine diesel and bunker fuel.

World Kinect Corporation (World Fuel Services)(WKC)

HQ US12% share

Peninsula Petroleum Ltd.

HQ GB8% share

Major independent marine bunker fuel trader and physical supplier; operates in 500+ ports; regional hubs in Singapore, UAE, Spain, UK, Americas. Key supplier to fishing fleets and commercial vessels across major fishing ports in Europe, Asia, and the Americas.

Petróleos del Perú (Petroperú)

HQ PE5% share

Peruvian state oil company; primary supplier of diesel and marine fuel to Peru's fishing fleet (the world's largest anchoveta fleet). Talara refinery (northern Peru) is primary diesel production site for the fishing industry. Peruvian fishing vessels are among the world's largest consumers of marine diesel per fleet unit due to concentrated offshore operations.

Equinor (Norway Marine Fuels)

HQ NO4% share

Norwegian state-controlled energy company; primary marine fuel supplier for Norway's large fishing fleet. Norwegian fishing vessels consume significant diesel; Equinor's coastal fuel network and refinery output (Mongstad, Kalundborg) supply the Nordic fishing industry.