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Weak Shipping Markets Encourage Bunker Saving Innovation

Weak Shipping Markets Encourage Bunker Saving Innovation

"Energy-efficient designs offer a competitive edge in a depressed market, helping to develop a two-tier structure," says IHS Maritime.
  1. 17Apr
    Fuel-efficient ships, slow-steaming, and government restrictions cited as causes. Read in Full
  2. 17Apr
    Authorities are said to have towed the Russian ship 15nm out to sea when the fire was discovered, an act criticised by environmentalists. Read in Full
  3. 17Apr
    "The security situation in Yemen has deteriorated further with increasingly widespread armed conflicts," says MPA. Read in Full
  4. 17Apr
    The new operations are the first of several expansions planned in the Baltic Sea region. Read in Full
  5. 17Apr
    A report also names Russia as the world's largest supplier of bunker fuel oil. Read in Full
  6. 17Apr
    Transport Canada says bunker discharge fully contained; continuing investigation. Read in Full
  7. 17Apr
    The market is expected to grow from $8.23 billion in 2013 to $10.95 billion in 2020. Read in Full
  8. 17Apr
    U.S.-based Applied Cryo Technologies is expected to start construction of the LNG bunkering system this month. Read in Full
  9. 16Apr
    Near term trend continues to be firm. Read in Full

Bunker Prices See All Bunker Prices

IFO380 IFO180 LS380 MGO
$/mt +/- $/mt +/- $/mt +/- $/mt +/-
Singapore 349.00 8.50 362.50 4.00 272.50 0.00 564.00 0.00
Rotterdam 320.50 3.00 345.50 6.50 442.50 17.50 550.00 1.00
Houston 322.00 2.50 461.50 14.00 503.50 0.00 612.00 4.00
Fujairah 343.00 6.50 363.00 2.50 730.00 0.00 756.00 14.50
Istanbul 357.00 1.50 376.00 0.00 - 597.00 6.00
Piraeus 347.50 11.00 371.00 20.50 381.00 13.00 571.00 6.50
Hong Kong 357.00 4.00 368.50 2.50 - 569.00 9.50
Santos 341.00 6.50 362.50 15.00 271.50 0.00 730.00 6.00
St Petersburg 260.00 2.00 268.50 2.00 420.00 0.00 508.00 3.00
Balboa, Panama 331.00 6.00 390.00 20.50 507.50 0.00 630.00 3.50
LA / LB 314.00 1.50 362.00 0.50 607.50 0.00 641.50 5.50
Busan 373.50 2.00 394.00 21.00 524.00 14.00 571.50 11.50
Durban - 364.00 6.00 - 687.00 10.50
Tokyo 407.00 1.00 417.00 1.50 - -
Cape Town - 438.00 8.00 - 688.00 21.50
Colombo 395.00 7.50 405.00 0.00 - 685.00 2.00
Mumbai 386.00 0.50 - - 760.00 17.50
Gibraltar 347.00 8.50 373.50 7.00 417.00 72.00 592.50 7.50