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INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans

INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans

The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
  1. 01Jul
    However, OPEC's weekend meeting could make the gains short-lived. Read in Full
  2. 01Jul
    Maria Skipper Schwenn has taken on the role of director of public affairs at Bunker Holding as of this month. Read in Full
  3. 01Jul
    Commercial production at the Finnish plant could begin in 2028. Read in Full
  4. 01Jul
    They will conduct a joint feasibility study to establish a green shipping corridor connecting two or more ports using low- or zero-emission fuels and clean technologies. Read in Full
  5. 01Jul
    The firm has secured a NOK 237.6 million ($23.6 million) grant to support the development of two hydrogen fuel cell-powered ships. Read in Full
  6. 01Jul
    A total of 151 alternative-fuelled ships were ordered in the first half of 2025, down from 179 in the same period last year. Read in Full
  7. 01Jul
    Sean Kim has joined the firm as sales manager of its affiliate office in Seoul as of July 1. Read in Full
  8. 01Jul
    Hong Kong is offering incentives of up to $64,000 per LNG or green methanol operation to boost early adoption at its port. Read in Full
  9. 01Jul
    The company's new office in Shanghai will cover fuel procurement services across Asia-Pacific. Read in Full
  10. 01Jul
    The firm already supplies biofuels in the port and is working to establish a methanol bunker supply as well. Read in Full
  11. 01Jul
    Global VLSFO prices are on an extended losing streak. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 357.00 17.00 734.00 34.50 761.00 36.00
Rotterdam 332.00 8.50 683.00 18.00 708.00 18.50
Houston 296.50 21.00 610.50 44.00 632.50 45.00
Fujairah 251.00 29.00 516.00 59.00 535.00 61.00

Top Stories More

  1. INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans
    Jul 01
    The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
  2. Bunker Holding Hires Head of New Global Supply Organisation
    Jun 26
    Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month.
  3. Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18
    Jun 24
    The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'.
  4. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update
    Jun 18
    If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
  5. Carbon Scores Are the New Fuel Specs in the Biofuel Market: PRIO
    Jun 17
    PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon.

Insights & Analysis More

  1. INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans
    Jul 01
    The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
  2. Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18
    Jun 24
    The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'.
  3. Real Power Versus Corporate Titles: A Dichotomy?
    Jun 24
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses where power really lies in a bunker organisation.
  4. Jun 23
    Stanley George of VPS discusses how the use of biofuels can affect engine lubrication.
  5. Gibraltar Sees 7% YoY Growth in May Bunker Calls
    Jun 20
    Bunker calls at Gibraltar rose sharply in May to 573, up from 535 a year ago.
  6. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update
    Jun 18
    If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
  7. ANALYSIS: Singapore May Bunker Sales Rose to 16-Month High
    Jun 16
    Singapore recorded its highest monthly bunker sales since January 2024 in May, with about 4.83 million mt of bunker fuels sold during the month.
  8. Most Major Hubs Saw Bunker Volumes Decline in Q1
    Jun 13
    Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.
  9. INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost
    Jun 05
    Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Arctic Sisu Explores E-Methanol Plant in Finland for Shipping
    Jul 01
    Commercial production at the Finnish plant could begin in 2028.
  2. Korea and Australia Eye 2029 Launch for Green Shipping Corridor
    Jul 01
    They will conduct a joint feasibility study to establish a green shipping corridor connecting two or more ports using low- or zero-emission fuels and clean technologies.
  3. LH2 Shipping to Build Two Hydrogen-Powered Ships with Enova Support
    Jul 01
    The firm has secured a NOK 237.6 million ($23.6 million) grant to support the development of two hydrogen fuel cell-powered ships.
  4. LNG Dominates June Alternative-Fuelled Newbuild Orders: DNV
    Jul 01
    A total of 151 alternative-fuelled ships were ordered in the first half of 2025, down from 179 in the same period last year.
  5. Hong Kong Launches Incentive Scheme to Boost LNG and Methanol Bunkering
    Jul 01
    Hong Kong is offering incentives of up to $64,000 per LNG or green methanol operation to boost early adoption at its port.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 503.00 0.50 684.50 1.00 427.00 0.50
Global 20 Ports Average 553.00 1.00 756.00 1.50 470.50 2.00
Global Average Bunker Price 587.50 0.50 798.50 1.00 481.00 0.00
Singapore 522.50 1.00 662.00 2.00 429.00 1.50
Rotterdam 491.50 1.00 674.50 5.50 427.00 3.00
Fujairah 512.00 0.00 727.50 8.00 417.00 3.50
Houston 486.00 2.00 675.00 4.00 434.50 3.50
Busan - login to view prices or
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Colombo - login to view prices or
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Durban - login to view prices or
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Gibraltar 531.50 1.50 - 470.00 5.50
Hong Kong 537.50 2.00 653.00 3.00 465.00 1.50
Istanbul 679.00 12.00 804.00 10.00 574.50 2.00
LA / LB 563.00 6.50 770.00 20.50 464.50 5.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 517.50 8.00 724.50 5.00 451.50 0.00
Cristobal, Panama - login to view prices or
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Piraeus 621.00 14.00 783.50 2.50 479.50 8.00
Santos 549.00 3.00 777.00 4.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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