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Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18

Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18

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'.
  1. 24Jun
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses where power really lies in a bunker organisation. Read in Full
  2. 24Jun
    The firm collaborated with Triovio and the Green Hydrogen Organisation for the trial during a recent ammonia bunkering of its vessel the Fortescue Green Pioneer at Rotterdam. Read in Full
  3. 24Jun
    The move is the first time Australia has imposed sanctions on Russia's shadow fleet. Read in Full
  4. 24Jun
    US President Donald Trump announced a ceasefire between Iran and Israel late on Monday, bringing an end to 12 days of conflict between the two countries. Read in Full
  5. 24Jun
    The firm bunkered NYK Line's PCTC the Plumeria Leader with LNG at Long Beach earlier this month. Read in Full
  6. 24Jun
    Roger Rademaker has joined the company as commercial business developer in the Netherlands. Read in Full
  7. 24Jun
    The company is looking for candidates with procurement and contract management experience and working Mandarin. Read in Full
  8. 24Jun
    Former Methanol Institute COO Chris Chatterton has joined the organisation as maritime advisor on the development and adoption of ethanol as a sustainable marine fuel as of this month. Read in Full
  9. 24Jun
    Ship & Bunker's G20-VLSFO Index fell by $1/mt to $588/mt on Monday, in its first daily decline since June 6. Read in Full
  10. 23Jun
    Some analysts suggest that concerns have already reverted back to oversupply. Read in Full
  11. 23Jun
    Stanley George of VPS discusses how the use of biofuels can affect engine lubrication. 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. 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'.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

Insights & Analysis More

  1. 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'.
  2. 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.
  3. Jun 23
    Stanley George of VPS discusses how the use of biofuels can affect engine lubrication.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. INSIGHT: A Deep Dive Into Well-to-Wake Bunker Management
    May 30
    Glander International Bunkering discusses the need for a comprehensive approach to bunker procurement.
  10. VPS on Distillates: The Trouble-Free Fuel?
    May 29
    Steve Bee of VPS discusses fuel quality considerations as distillates become more widely used because of the Mediterranean ECA.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Global Centre for Green Fuels Hires Ethanol Bunker Advisor
    Jun 24
    Former Methanol Institute COO Chris Chatterton has joined the organisation as maritime advisor on the development and adoption of ethanol as a sustainable marine fuel as of this month.
  2. Höegh Autoliners Adds LNG-Fuelled Ship to Fleet, Ammonia to Follow in 2027
    Jun 20
    The vessel took on LNG bunkers at Shanghai before heading to Japan.
  3. New Asian Joint Venture Targets Shipping CO2 Transport
    Jun 20
    MOL, MISC Berhad and Petronas have launched a new joint venture to develop liquefied CO2 carriers for cross-border carbon transport.
  4. Korean Consortium to Develop Global Standards for Ammonia Effluent Discharge
    Jun 20
    The group aims to submit a draft set of guidelines on ammonia effluent discharge to the IMO in 2026.
  5. Shore Power Now Live at Scotland's Port of Aberdeen
    Jun 20
    The port now plans to expand shore power connectivity at more berths.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 552.00 1.00 743.00 13.00 476.50 2.00
Global 20 Ports Average 588.00 1.00 805.00 13.00 508.00 1.00
Global Average Bunker Price 619.00 2.50 835.50 3.00 515.00 3.00
Singapore 570.50 0.00 715.50 13.50 487.50 2.50
Rotterdam 532.00 4.50 739.00 3.00 486.00 2.50
Fujairah 560.00 1.00 777.00 10.00 468.00 2.50
Houston 546.50 8.50 740.00 27.00 464.00 0.00
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 573.50 2.00 - 541.00 6.50
Hong Kong 579.50 1.50 722.00 11.00 519.00 1.00
Istanbul 704.50 9.50 883.00 24.00 608.50 15.00
LA / LB 602.50 26.00 770.50 38.00 515.50 20.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 557.00 14.50 756.00 33.00 479.00 2.00
Cristobal, Panama - login to view prices or
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Piraeus 654.50 7.00 831.50 6.00 523.50 19.50
Santos 580.00 2.00 791.00 0.00 -
Shanghai - login to view prices or
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St Petersburg 536.50 2.50 738.50 2.50 418.00 3.00
Tokyo - login to view prices or
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