Summary - Marine Fuels Markets, Pricing and Commercial Fundamentals

Build a practical, end-to-end understanding of the bunkering fuels and shipping freight markets—from refinery production and fuel quality to pricing, benchmarks, fleet dynamics, and the decarbonization-driven shift to alternative fuels.

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.