The Top Ten Bunker Companies for 2026

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This report was last updated on February 17, 2026.

The Top Ten Bunker Companies for 2026 Report has been compiled by Ship & Bunker and represents who we believe are the ten key global players for 2026 in terms of global bunker sales to the end-users of marine fuel.

How We Picked the Top Ten

Selecting just ten companies from the vast array of players operating in the marine fuels supply space is always going to be a difficult task, and there will never be consensus on who should be listed among the top firms.

The reality is that the bunker fuel business involves many hundreds of entities at many hundreds of ports worldwide, representing a wide assortment of business structures and sizes.

There are also many different company types involved in the bunker ecosystem.

These include:

• State-controlled companies: E.g. Petrobras, Aramco, Moeve, Petroperu, Chimbusco
• Oil majors: E.g. BP, Shell, ExxonMobil, Chevron, TotalEnergies
• Independent oil companies: E.g. Phillips 66, Nustar, Valero
• Commodity trading houses: E.g. Vitol, Mercuria, Trafigura
• International pure bunker traders: E.g. Sing Fuels
• International hybrid bunker traders/physical suppliers: E.g. Peninsula, Minerva, Monjasa
• Small traders: Hundreds of these exist at ports worldwide
• Pure brokers: E.g. NSI, Liberty Marine Fuels
• Hybrid broker/traders (or vice versa): E.g. KPI OceanConnect, Glander International Bunkering, Dan-Bunkering
• Trading platforms: E.g. ZeroNorth, AuctionConnect, Inatech
• Bunkering arms founded on the volumes from shipping companies: E.g. Maersk Oil Trading, Chimbusco
• Bunker procurement firms: E.g. Seascale Energy, Shipergy

Selection Criteria

Sales volumes to end-users of fuel is a top consideration for inclusion in the Top Ten, but global reach and overall potential to impact the supply chain are among the key variables we have considered.

For example, some of the biggest suppliers ranked by sales volume in Singapore have numbers that exceed some of these players in our list, yet they only operate in that single market.

Historically, when such a player departs, its lost supply capacity is quickly replaced by other suppliers at the port, and there is very little impact to the local market, and none globally.

Thus we have selected players that are not only significant in terms of supply volumes, but those who also provide the logistics and other services that make the global bunker ecosystem tick.

We have also focused on companies for whom bunkers are either the main focus of their business or at least a major part of it, and whose goal is to sell to multiple industry counterparties (for example, not just the procurement unit of a single shipping company).

This is also why we have discounted several oil majors and national oil companies who are clearly dominant players, but for whom bunkers represent only a small fraction of their overall business.

Given the above, this list of bunker companies should not be taken to be the ten largest bunkering companies by sales volume.

An Important Note on Sales Volumes

The sales volumes in this list have been compiled using a combination of officially reported figures, and where that is not possible, best estimates based on available market intelligence.

Where volumes figures come from company sources, Ship & Bunker has not independently verified the figures, and relies on self-disclosure by the companies. This report will be updated throughout the year whenever official information becomes available that supersedes best estimates.

Contact Details for Further Information

If you have questions or feedback about this Top Ten list, please contact Ship & Bunker here: shipandbunker.com/contact