EMEA News
Russian Court Seizes Assets of Marine Fuel Supplier Transbunker: Report
Tuesday July 7, 2026
A court in Russia has reportedly ordered the seizure of the assets of local marine fuel supplier Transbunker.
The Moscow Arbitration Court ordered on Monday that the assets of the Transbunker group be transferred to the state, local news provider RBC reported on Monday, citing court documents.
The ruling follows a lawsuit from Russia's Prosecutor General's Office in April against the firm and its founders - Iosif Sandler and Sergei Pugachev - alleging the firm was controlled through foreign structures. The company is also alleged to have transferred profits out of Russia.
Transbunker was founded in 1991, initially as a supplier in the Russian Far East.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| EMEA Average | 917.50 | 14.00 | 1740.00 | 21.00 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
Popular Now More
-
Oct 23Rotterdam's bunker sales recovered slightly in Q3 from the previous quarter, but volumes remained well below year-earlier levels. -
Oct 23The acquisition includes eight bunkering vessels and a long-term lease for 28,000 m3 of tank capacity in Turkey.