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 Maersk Q2 Bunker Use Down 4.3% While Costs Jump 36% Year-on-Year Maersk Q2 Bunker Use Down 4.3% While Costs Jump 36% Year-on-Year by Ship & Bunker News Team Friday August 14, 2026 Tweet Follow @shipandbunker The firm incurred bunker costs of around $2.11 billion in Q2 2026, up 36% from $1.55 billion in Q1 2025. Image Credit: Maersk Bunker consumption fell 4.3% YoY to 2.56 million FOE tonnes in Q2 Bunker costs rose 36% to $2.11 billion in Q2 Q2 average bunker price climbed 44% YoY to $777/FOE tonne H1 bunker consumption fell 4.8% to 5.08 million FOE tonnes Container shipping company A.P. Moller-Maersk saw Q2 2026 bunker consumption drop by 4.3% year-on-year, while bunker costs jumped 36% amid higher fuel prices linked to the Middle East situation. The firm consumed a total of 2.56 million fuel oil equivalent tonnes (FOE tonnes) in Q2 2026 , down 4.3% from Q2 2025 but up about 2.1% from Q1 2026 , it said in an earnings release on Thursday . From Q1 2026 , Maersk has used fuel oil equivalent tonnes (FOE tonnes) as its standard reporting unit for bunker consumption, replacing metric tonnes. Improved bunker efficiency helped partly offset the impact of higher fuel prices. The firm consumed 6.04 FOE kg/TEU day of marine fuel in Q2, down from 6.42 FOE kg/TEU day in Q2 2025 . “ Middle East situation led to a 19% increase in operating costs, primarily driven by higher bunker costs The company spent about $2.11 billion on bunkers in Q2 2026 , up 36% or $556 million from $1.55 billion in Q2 2025 . Bunker costs accounted for about 25% of the firm's shipping operating costs in Q2 2026, compared with 22% in the same period last year. “As ant