Summary - Marine Fuels Markets, Pricing and Commercial Fundamentals

Course overview

This training provides a clear introduction to the global maritime freight and bunkering ecosystem—a critical enabler of international trade. You’ll explore today’s bunker market dynamics, the shipping fleet outlook, and how marine fuel specifications, supply, and demand shape commercial decisions.

With a strong focus on refineries and bunkering fuels, we cover fuel oil quality and specifications (HFO, VLSFO, MGO and more), and the key drivers of bunker fuel pricing—including the relationship between bunkers and refined product markets (diesel/fuel oil crack dynamics), VLSFO blending economics, and Platts bunkering fuel price assessments.

You’ll also gain perspective on how regulation, geopolitics, energy security, and affordability are reshaping the sector—alongside the industry’s accelerating transition toward lower-carbon and alternative marine fuels.

What you will gain:

By the end of the course, participants will be able to:

See the big picture: understand the structure, fundamentals, and major supply-demand drivers of the bunkering fuels industry.
Interpret marine fuels and shipping freight pricing with confidence: benchmarks, market linkages, and practical pricing mechanics.
Assess near- and long-term outlooks for shipping and marine fuels in a market shaped by volatility, energy security, and affordability pressures.
Understand the role, readiness, and trade-offs of alternative fuels such as LNG, biofuels, ammonia, methanol, hydrogen derivatives and e-fuels.
Strengthen professional capability: refresh core knowledge, test assumptions, and validate views against real market perspectives and current trends.
Improve commercial impact: engage more proactively with colleagues, management, customers, and suppliers on current and future market conditions.
Expand your industry relationships through a valuable peer learning and networking environment.