Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > New Mediterranean fuel rule helps bring more Doba crude to Europe
    Finance

    New Mediterranean fuel rule helps bring more Doba crude to Europe

    Published by Global Banking & Finance Review®

    Posted on May 8, 2025

    2 min read

    Last updated: January 24, 2026

    New Mediterranean fuel rule helps bring more Doba crude to Europe - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    New Mediterranean fuel rules have increased Doba crude exports to Europe, driven by demand for cleaner marine fuel. Dutch and German refineries are key importers.

    New Mediterranean Fuel Rule Boosts Doba Crude Exports to Europe

    By Enes Tunagur

    LONDON (Reuters) -Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk, according to shipping data and trade sources.

    Asia was the main destination of Doba cargoes prior to April, as China and Malaysia received several cargoes, according to Kpler.

    In May, the International Maritime Organization designated the Mediterranean Sea as an Emission Control Area, requiring ships to switch to 0.1% sulphur fuels from 0.5% previously.

    As a result, exports to Europe of Doba crude soared. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulphur fuel oil (ULSFO) with a maximum sulphur content of 0.1%.

    Doba is ideal for ULSFO blending, and rising exports to Germany and the Netherlands in April could be a move to capture the anticipated surge in ULSFO, said Rystad Energy analyst Valerie Panopio.

    "There aren't very many grades with the same properties as Doba Blend, even harder to find is one with ample and steady supply," she said.

    Chad exports around 130,000 barrels per day of the grade and has been regularly shipping it to Asia, Europe and the Middle East, shipping data from Kpler shows.

    There were four Suezmax vessel fixtures in April to deliver about 127,000 bpd of Doba to Europe, which would mark the highest volume on that route in a year, according to Kpler.

    Two oil refineries in Europe including Dutch storage firm Chane's Rotterdam plant and HES International's Wilhelmshaven unit in Germany have been the only European receivers of Doba crude since January, Kpler data shows.

    Maersk Energy Markets, the Danish shipping company's bunker buyer, has a deal to buy ULSFO from Chane's Rotterdam plant to help make its fleet comply with new requirements in the Mediterranean, Maersk said.

    Chane and HES International did not respond to emailed requests for comment.

    (Reporting by Enes Tunagur. Editing by Alex Lawler, Dmitry Zhdannikov and Mark Potter)

    Key Takeaways

    • •Doba crude exports to Europe increased due to new fuel regulations.
    • •The Mediterranean Sea is now an Emission Control Area.
    • •Doba crude is ideal for ultra-low sulphur fuel oil blending.
    • •Dutch and German refineries are major importers of Doba crude.
    • •Maersk is purchasing ULSFO from Rotterdam to meet new requirements.

    Frequently Asked Questions about New Mediterranean fuel rule helps bring more Doba crude to Europe

    1What is the main topic?

    The article discusses the increase in Doba crude exports to Europe due to new Mediterranean fuel regulations.

    2Why is Doba crude suitable for Europe?

    Doba crude is ideal for blending ultra-low sulphur fuel oil, meeting new emission standards in the Mediterranean.

    3Which companies are involved?

    Companies like Maersk and refineries in the Netherlands and Germany are involved in importing Doba crude.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostPound, UK stocks take some heart from US/UK trade deal
    Next Finance PostBosch says US tariffs' impact is unpredictable, sees flat 2025 organic sales