Latest News
New Sea Generation to Open Greek Office Later This Month
The new office will be in the Glyfada area and will open on May 13, New Sea Generation's Domenico Scotto tells Ship & Bunker.
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03MayMeanwhile, the U.S. oil rig count continues to decline. Read in Full
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03MayThe company's ship the Rotterdam took on a B100 fuel from FincoEnergies in Rotterdam on April 27 before heading to the Norwegian Fjords. Read in Full
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03MayThe company is looking for candidates with rich experience in bunker management and understanding of shipping companies' internal KPIs. Read in Full
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03MayMaersk consumed a total of 2.796 million mt of bunker fuel in Q1, up by 15.9% on the year and the most since Q4 2021. Read in Full
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03MayThe company is looking for candidates with previous trading experience and an interest in developing key accounts. Read in Full
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03MayThe new hire had previously worked for Toyota Tsusho Petroleum Pte Ltd since 2015. Read in Full
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03MayShip & Bunker's G20-VLSFO Index sank to the lowest level since February 6 on Thursday. Read in Full
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03MayThe firm has signed a strategic agreement with ADNOC Distribution to distribute ADNOC lubricants. Read in Full
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03MayThe company is looking for candidates with previous sales or trading experience, ideally in the energy or maritime industries. Read in Full
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02MayMeanwhile, Big Oil reports mixed Q1 results. Read in Full
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02MayThe yacht is being built by Ford Motor Yachts for biofuels firm Vertoro, with which Quadrise is developing bioMSAR. Read in Full
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02MayHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 25 – May 1, 2024. Read in Full
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02MayTracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes. Read in Full
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02MayAll 12 orders came from the tanker segment. Read in Full
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02MayThe new hire was previously an operations team member for Akgunler Shipping in Cyprus. Read in Full
Insights & Analysis More
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May 02Tracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes.
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Apr 18Glander International Bunkering's Alvaro Sierra discusses the company's role in the marine energy transition and other industry developments.
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Apr 15If the Q1 total were to be replicated over the rest of 2024, this year's total for Singapore would reach 55.14 million mt, up by 6.6% from 2023's record high.
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Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 11Elboil's Can Ertem, writing in a personal capacity, argues the bunker industry is taking on too many junior traders.
Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.
Baltimore Bridge Collapse
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Apr 15The investigation is examining whether the crew left Baltimore with the knowledge that something could be wrong with the ship.
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Apr 11Video footage of the incident showed lights on the ship going out just beforehand, and the US National Transportation Safety Board is now looking at the possibility of electrical failure.
Red Sea Attacks
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May 03Maersk consumed a total of 2.796 million mt of bunker fuel in Q1, up by 15.9% on the year and the most since Q4 2021.
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Apr 30The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.
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Apr 29A decline in the frequency of Houthi attacks last month may have driven an increase in shipping activity around Djibouti, a Red Sea Bunkering representative tells Ship & Bunker.
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Apr 29The incident happened about 54 nautical miles north-west of Al Mukha at 7:02 AM UTC on Monday.
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Apr 29The incident happened 177 nautical miles south-east of Nishtun at about 2:40 PM UTC on Sunday.
Top Stories More
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Apr 30The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.
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Apr 26The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
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Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 11The ban will take effect from July 1, 2025 at a distance of up to 12 nautical miles from the Danish coast.
Decarbonisation and Alternative Marine Fuels & Power More
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May 02All 12 orders came from the tanker segment.
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May 01The ships will take 85% of their power needs from hydrogen fuel cells and 15% from biofuel, and are scheduled for delivery in 2026.
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Apr 29But biofuel "unlikely to become the long-term solution for decarbonising shipping" with its first zero carbon ammonia vessel "on the water in 2027".
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Apr 26Namibia, Mauritius, St Kitts and Nevis, and Trinidad and Tobago to receive funds to develop detailed technical proposals.
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Apr 26The Pulse fund will be put towards accelerating the maritime energy transition in France.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 606.50 | 0.50 | 779.50 | 0.50 | 500.00 | 4.00 |
Global 20 Ports Average | 645.50 | 0.50 | 827.00 | 5.00 | 538.00 | 3.50 |
Global Average Bunker Price | 703.50 | 4.00 | 886.00 | 6.00 | 573.00 | 2.00 |
Singapore | 625.00 | 9.00 | 732.00 | 15.00 | 526.50 | 0.50 |
Rotterdam | 577.50 | 3.50 | 739.50 | 1.00 | 478.00 | 6.00 |
Fujairah | 628.50 | 4.00 | 878.50 | 11.00 | 504.50 | 10.00 |
Houston | 595.00 | 0.50 | 767.00 | 4.50 | 491.00 | 0.50 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 618.50 | 1.00 | - | 534.00 | 3.50 | |
Hong Kong | 634.00 | 4.00 | 740.00 | 35.00 | 521.50 | 4.50 |
Istanbul | 669.00 | 1.50 | 870.00 | 5.00 | 604.50 | 8.50 |
LA / LB | 679.50 | 0.50 | 830.50 | 1.00 | 515.50 | 2.50 |
Las Palmas |
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Mumbai |
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New York | 649.00 | 7.00 | 807.00 | 6.50 | 531.50 | 4.50 |
Cristobal, Panama |
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Piraeus | 675.00 | 2.00 | 831.00 | 12.00 | 526.00 | 2.00 |
Santos | 650.50 | 18.00 | 1024.00 | 3.00 | - | |
Shanghai |
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St Petersburg |
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Tokyo |
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