Fri 6 Mar 2026, 06:55 GMT | Updated: Fri 6 Mar 2026, 06:58 GMT | Evangelia Fragouli

Peninsula highlights supply chain strength amid Strait of Hormuz closure


Marine fuel seller emphasises reliability as geopolitical disruption reshapes global bunker markets.


Peninsula logo.
Peninsula says its global stock positions and supply chain control enable continued fuel delivery despite market volatility. Image credit: Peninsula

Marine fuel supplier and trader Peninsula has highlighted the importance of reliable supply chains amid the ongoing closure of the Strait of Hormuz, which continues to disrupt global energy markets and bunker supply flows.

The company noted that roughly one-fifth of the world’s oil normally passes through the strategic waterway. The disruption has contributed to rising crude prices and increased uncertainty for shipowners, operators and charterers.

According to Peninsula, markets in Asia, which rely heavily on Gulf energy exports, are experiencing some of the most significant effects, with cargoes being delayed, redirected or withdrawn.

The situation has been further complicated by strikes on regional energy infrastructure, which have led some producers to suspend operations and intensified concerns over oil and gas availability. At the same time, insurers have signalled possible limitations to coverage for vessels transiting affected waters.

Peninsula said bunker markets are responding quickly to the disruption, with traditional supply hubs under pressure and arbitrage patterns shifting as traders seek alternative supply routes. The company described the current environment as one characterised by heightened volatility and operational risk.

Against this backdrop, Peninsula explained that it is relying on its global fuel supply network, including stock positions in multiple locations, strong liquidity and integrated control of sourcing, storage and delivery operations.

The supplier stated that these capabilities allow it to secure, finance and transport fuel during periods of market instability, helping customers maintain access to bunker supply. It also highlighted risk management services designed to help shipowners manage exposure to rising fuel costs.

With vessels increasingly diverting to alternative bunkering hubs as trade patterns adjust, Peninsula stressed that it remains focused on maintaining dependable fuel deliveries across its global operations network.



Ardmore Shipping logo. Ardmore Shipping posts 14% fleet emissions reduction in 2025 sustainability report  

Ardmore Shipping’s annual sustainability report highlights emissions cuts, safety gains and governance rankings across its tanker fleet.

Peter Keller, SEA-LNG. SEA-LNG mid-year review points to continued growth across methane pathway as coalition marks tenth anniversary  

LNG orders, bunkering volumes and biomethane production all rise as SEA-LNG gains IMO consultative status.

Heinz vessel. Econowind receives DNV type approval for VentoFoil 3-Series wind propulsion wing  

DNV certification set to streamline integration of VentoFoils on classed vessels worldwide.

Wärtsilä ammonia engine Wärtsilä to supply ammonia engines and propulsion systems for two Navigator Amon gas carriers  

Mid-size LPG/liquid ammonia carriers will be equipped with Wärtsilä’s ammonia-fuelled auxiliary engines.

Phil Sharp and Toon Muhlheim. Genevos and Koedood Marine Group sign LOI to explore hydrogen fuel cell deployment  

Two companies to collaborate on the use of hydrogen fuel cell systems for inland and coastal maritime transport.

Samskip SeaShuttle vessel render. Samskip brings SeaShuttle project into European HyShip initiative to develop liquid hydrogen infrastructure  

Two hydrogen-powered container vessels will operate between Rotterdam and Oslo from 2027.

Antwerpen vessel. Korea Register and HD Hyundai team up to advance ammonia-fuel shipping in South Korea  

Two organisations are cooperating on eco-friendliness verification for ammonia dual-fuel vessels.

Fabio Cococcetta, WinGD. Green ammonia could become the first commercially viable zero-emission marine fuel, WinGD study suggests  

Joint report by WinGD and Envision Energy sets out the economic case for green ammonia.

Rasul Shirinov, Oilmar. Oilmar appoints junior marine fuels trader at Dubai trading desk  

UAE-headquartered bunker firm hires Rasul Shirinov, with a background in the agricultural sector.

Antonia Maersk vessel. Maersk bunkers large dual-fuel vessel with 100% ethanol in Barcelona  

Ocean carrier scales up ethanol bunkering in bid to broaden its low-emission fuel strategy.