Latest News
Lindsay Blee Acquires Whitaker Tankers
Hull-based Whitaker Tankers operates a fleet of eight vessels.
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18MarMeanwhile, record volumes of Russian crude are heading to China. Read in Full
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18MarThe company has signed a letter of intent with methane technology firm Electrochaea to enter negotiations on the offtake of synthetic LNG. Read in Full
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18MarThe firm has opened a trading account on the Union Registry and made its first EUA purchase last month from BNP Paribas. Read in Full
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18MarStormGeo had taken a 51% stake in the firm in 2019, increased that position to 89.66% in 2023 and now owns 100% of the company. Read in Full
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18MarThe new hire previously worked for KNOT Management Denmark from September 2020 to last month. Read in Full
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18MarThe firm is building a 400,000 mt/year methanol plant at the Cleveland Bay Industrial Park in Australia. Read in Full
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18MarDifferent Positions in play on limiting GHG emissions from shipping but aiming for consensus Read in Full
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18MarThe 54,600 DWT VLGC Mado came under attack 85 nautical miles east of Aden at about 12:24 AM UTC on Sunday. Read in Full
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18MarThe INS Kolkata rescued the 45,000 DWT Ruen and its 17 crew members on the evening of March 16. Read in Full
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18MarShip & Bunker's G20-VLSFO Index rose by $1.50/mt to $666/mt on Friday, remaining at the highest level since March 5. Read in Full
Red Sea Attacks
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Mar 18The 54,600 DWT VLGC Mado came under attack 85 nautical miles east of Aden at about 12:24 AM UTC on Sunday.
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Mar 15Hapag-Lloyd CEO Rolf Habben Jansen discussed the Red Sea situation in an earnings call on Thursday.
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Mar 15The company has formed a joint venture with Mauritius bunker supplier Groupe Roland Maurel, a TFG Marine representative tells Ship & Bunker.
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Mar 15The unnamed ship came under attack 76 nautical miles west of Al Hudaydah at about 2:05 AM UTC on Friday.
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Mar 14The unnamed ship's master reported an explosion close to the vessel 50 nautical miles south-east of Aden at about 4:18 AM UTC on Thursday.
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Mar 11The unnamed ship came under attack 71 nautical miles south-west of Saleef in Yemen at about 10:06 AM UTC on Monday.
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Mar 08The unnamed ship was attacked 50 nautical miles southeast of Aden at about 1:15 PM UTC on Friday.
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Mar 07Three seafarers were killed when the dry bulk carrier True Confidence was hit by a missile in the Gulf of Aden on Wednesday.
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Mar 06The ship was hit and suffered damage 54 nautical miles southwest of Aden at about 8:40 AM UTC on Wednesday.
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Mar 06The ship came under attack 54 nautical miles south-west of Aden at about 8:40 AM UTC on Wednesday.
Demand at key marine fuel hubs slipped on both a yearly and sequential quarterly basis in the third quarter of 2023, according to the latest market survey of bunker sales volumes in 17 leading global locations.
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Mar 15About 3 mt of ammonia was delivered to the Fortescue Green Pioneer before its voyage from Singapore to Dubai in December.
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Mar 14February's total was up by 18.1% from the same month a year earlier, while LNG rose to a record high.
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Mar 11Danish environment minister Magnus Heunicke is set to discuss the issue with senior politicians in the country's parliament.
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Mar 01While the EUA market is currently looking depressed, a mass purchase by shipping companies next year could still prompt a spike, LSEG's Paula VanLaningham tells Ship & Bunker.
Insights & Analysis More
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Mar 14February's total was up by 18.1% from the same month a year earlier, while LNG rose to a record high.
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Mar 13Shipergy CEO Daniel Rose discusses the underappreciated role of credit managers in the bunker market.
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Mar 12Dr Sunil Jumar of VPS discusses the cold flow properties of biodiesel bunker blends.
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Feb 23Taking 2023 as a whole, marine income sank by 47% to $82.3 million, while volumes dropped by 12% to 16.8 million mt.
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Feb 16Glander International Bunkering discusses the common pitfalls in engaging with the growing market for biofuel blends.
Decarbonisation and Alternative Marine Fuels & Power More
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Mar 18The company has signed a letter of intent with methane technology firm Electrochaea to enter negotiations on the offtake of synthetic LNG.
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Mar 18The firm has opened a trading account on the Union Registry and made its first EUA purchase last month from BNP Paribas.
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Mar 18Different Positions in play on limiting GHG emissions from shipping but aiming for consensus
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Mar 15The ports of Trelleborg and Lübeck and shipping company TT-Line have signed a memorandum of understanding on creating a green shipping corridor.
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Mar 15The UN body's GHG working group met this week ahead of next week's meeting of the Marine Environment Protection Committee.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 639.50 | 5.50 | 840.50 | 7.00 | 482.50 | 7.50 |
Global 20 Ports Average | 669.50 | 3.50 | 886.50 | 5.00 | 528.50 | 9.50 |
Global Average Bunker Price | 719.50 | 5.50 | 938.50 | 10.00 | 553.00 | 4.50 |
Singapore | 650.50 | 5.50 | 802.00 | 8.00 | 496.00 | 9.00 |
Rotterdam | 602.50 | 4.00 | 812.50 | 9.50 | 481.50 | 8.50 |
Fujairah | 649.50 | 2.50 | 898.00 | 7.00 | 458.00 | 2.00 |
Houston | 656.00 | 10.50 | 848.50 | 16.50 | 494.00 | 9.50 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 635.50 | 4.50 | - | 581.50 | 29.50 | |
Hong Kong | 648.50 | 5.00 | 803.50 | 8.00 | 499.00 | 7.50 |
Istanbul | 686.00 | 7.50 | 900.00 | 15.00 | 624.00 | 24.00 |
LA / LB | 719.50 | 12.50 | 894.50 | 16.00 | 468.50 | 4.00 |
Las Palmas |
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Mumbai |
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New York | 634.00 | 9.50 | 862.50 | 4.00 | 526.00 | 3.50 |
Cristobal, Panama |
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Piraeus | 691.50 | 6.00 | 879.00 | 6.50 | 532.00 | 5.00 |
Santos | 659.50 | 5.00 | 947.00 | 0.00 | - | |
Shanghai |
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St Petersburg |
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Tokyo |
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