You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World World Kinect Q2 Marine Fuel Volumes Fall on Middle East Conflict World Kinect Q2 Marine Fuel Volumes Fall on Middle East Conflict by Ship & Bunker News Team Monday July 27, 2026 Tweet Follow @shipandbunker Image Credit: Ship & Bunker / Data Credit: World Fuel Marine income: $22.2 million (vs. $25.6 million loss YoY) Marine volumes: 3.46 million mt (-10.4% YoY) Bunker sales margin: $6.41/mt (vs. -$6.62/mt YoY) Marine segment gross profit: $79.7 million (vs. $27 million YoY) Q3 outlook: Marine gross profit expected to rise YoY World Kinect – one of the world's largest bunker suppliers, also known as World Fuel – said weaker demand associated with the Middle East conflict weighed on marine fuel volumes in Q2 . The firm saw income from marine operations of $22.2 million in Q2 , it said in an earnings release on Thursday. “ Despite the lower volume, marine gross profit increased CFO Mike Tejada The result compared with a loss of $25.6 million in Q2 2025 , but was down from income of $33 million in the first quarter of 2026 . Gross profit from the marine segment was $79.7 million in Q2 , up from $27 million a year earlier. The firm sold 3.46 million mt of marine fuels in Q2 , down by 10.4 % on the year and 10.5% from previous quarter.  That left a Q2 profit margin on its bunker sales of $6.41/mt , up from loss of $6.62/mt a year ago but down from $8.53/mt profit in Q1 2026 . Last year, the company sold 15.76 million mt of bunker fuel, down 4.9% from 16.57 million mt in 2024 . Analyst Call The company said the marine business delivered one of its strongest quarters on record, with higher bunker fuel prices and marke