Latest News
Monjasa Reevaluates UAE LNG Bunkering on 'Unfavourable Market Conditions'
Monjasa's UAE LNG operation, launched at the start of 2025, is being reevaluated until more favourable market conditions emerge.
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13MayThe Dutch shipping firm has ordered two wind-assisted cargo vessels, marking its return to the dry cargo sector. Read in Full
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13MayGlobal VLSFO prices jumped at the start of the week. Read in Full
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13MayThe South Korean government plans to invest $40.5 million this year to develop the demonstration vessel. Read in Full
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13MayThe 90-day easing of US-China tariffs will bring relief to businesses, but also short-term pressure on freight rates and longer-term uncertainty. Read in Full
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13MayEuropean Energy's new e-methanol facility is set to be inaugurated on Tuesday, with the first supply to Maersk's vessel. Read in Full
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12MayS&P predicts a major decline in U.S. crude production for 2026. Read in Full
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12MayClassNK has issued guidelines for safe operation onboard ammonia-fuelled vessels. Read in Full
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12MayA shore power system will be installed at the cruise terminal in Flåm, Norway, allowing cruise vessels to cut emissions while docked. Read in Full
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12MayThe US will cut its tariffs on Chinese goods to 30% from 145% previously and China will cut its levies on US goods to 10% from 125% for the next 90 days. Read in Full
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12MayThe terminals will handle various fuels include marine fuels, biofuel, hydrogen and LPG. Read in Full
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12MayThe Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty. Read in Full
MEPC 83 & IMO 2028
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Apr 30The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs. -
Apr 23Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028. -
Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO. -
Apr 15The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028. -
Apr 14While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator. -
Apr 11IMO secretary-general Arsenio Dominguez says the agreement reached this week should be seen as a positive outcome.
Top Stories More
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May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said. -
May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices. -
May 05BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022. -
Apr 28Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker. -
Apr 25Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.
Insights & Analysis More
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May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
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Apr 24Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends. -
Apr 23Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 17If the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal. -
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14Steve Bee of VPS discusses how to avoid engine damage from cat fines. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
Yemen & Red Sea Attacks
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May 09Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates. -
May 08Executives from CMA CGM and the Suez Canal Authority held talks this week to explore a full return to Suez Canal transits. -
May 08Houthis claim they have carried out strikes at various warships in the Red Sea, including a US aircraft carrier. -
May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
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May 02Vessels anchored at Ras Isa port are reportedly being prevented from leaving, with warning shots fired in one incident.
Decarbonisation and Alternative Marine Fuels & Power More
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May 13The South Korean government plans to invest $40.5 million this year to develop the demonstration vessel. -
May 12The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty. -
May 08The vessel can be remotely operated for up to 30 days without recharging or refuelling. -
May 07The EU is calling for proposals that focus on decarbonising the shipping industry, offering €8 million in funding for selected projects. -
May 07MSI projects that IMO's midterm measures could add $100 billion annually to bunker costs by 2035, as penalties drive up prices for conventional fuels by up to 82%.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 485.50 | 8.00 | 633.00 | 8.00 | 419.00 | 8.00 |
| Global 20 Ports Average | 531.00 | 5.00 | 707.00 | 6.50 | 461.50 | 6.00 |
| Global Average Bunker Price | 569.50 | 5.00 | 753.50 | 6.00 | 480.50 | 7.00 |
| Singapore | 514.00 | 3.00 | 598.50 | 8.00 | 434.00 | 6.00 |
| Rotterdam | 459.00 | 8.00 | 606.50 | 9.50 | 423.50 | 13.00 |
| Fujairah | 508.50 | 10.50 | 717.50 | 7.50 | 424.50 | 8.50 |
| Houston | 460.00 | 9.50 | 609.50 | 7.00 | 394.00 | 3.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 518.00 | 5.50 | - | 473.00 | 9.50 | |
| Hong Kong | 525.50 | 5.50 | 615.50 | 8.00 | 459.00 | 10.50 |
| Istanbul | 633.50 | 2.00 | 725.50 | 8.50 | 532.00 | 7.50 |
| LA / LB | 552.50 | 11.00 | 651.50 | 3.50 | 453.50 | 6.00 |
| Las Palmas |
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| Mumbai |
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| New York | 488.00 | 4.00 | 657.00 | 5.00 | 424.50 | 5.00 |
| Cristobal, Panama |
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| Piraeus | 549.00 | 6.00 | 686.00 | 7.50 | 451.00 | 8.00 |
| Santos | 502.50 | 0.00 | 762.00 | 0.00 | - | |
| Shanghai |
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| St Petersburg | 536.00 | 0.00 | 708.50 | 0.00 | 413.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 531.00 | 5.00 | 707.00 | 6.50 |
| Global 4 Ports Average | 485.50 | 8.00 | 633.00 | 8.00 |
| Global Average Bunker Price | 569.50 | 5.00 | 753.50 | 6.00 |
| Singapore | 514.00 | 3.00 | 598.50 | 8.00 |
| Fujairah | 508.50 | 10.50 | 717.50 | 7.50 |
| Rotterdam | 459.00 | 8.00 | 606.50 | 9.50 |
| Houston | 460.00 | 9.50 | 609.50 | 7.00 |
Bunker Jobs
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May 12The company is looking for candidates for both junior and experienced bunker trader roles in the world's largest marine fuels hub. -
May 09The company is looking for candidates with experience in sales or trading and fluent English. -
May 08The company is looking for candidates with experience in container operations and fluent English. -
May 07The company is looking for candidates with strong interpersonal and communication skills as well as fluent Spanish and English. -
May 02The company is looking for candidates with mathematical abilities and preferably some experience in bunkering.
Popular Now More
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May 12The UK targets nearly 100 Russian shadow fleet tankers to cut Russian funding and protect key infrastructure. -
May 12Monjasa's UAE LNG operation, launched at the start of 2025, is being reevaluated until more favourable market conditions emerge. -
May 12The company is looking for candidates for both junior and experienced bunker trader roles in the world's largest marine fuels hub.
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May 13European Energy's new e-methanol facility is set to be inaugurated on Tuesday, with the first supply to Maersk's vessel. -
May 13The 90-day easing of US-China tariffs will bring relief to businesses, but also short-term pressure on freight rates and longer-term uncertainty. -
May 12The firm bunkered a cruise ship operated by Silversea Cruises with LNG. -
May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.