Latest News
EU Lowers Russian Oil Price Cap, Adds Over 100 Ships to Sanctions List
The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft.
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22JulTwo maritime projects in Alaska and one project in Pennsylvania have been awarded funding. Read in Full
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21JulMeanwhile, Poland lays claim to a massive oil and gas deposit. Read in Full
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21JulLila Global has joined Tankers International's VLCC pool with its vessel Lila Kochi, expanding the pool to 29 ships. Read in Full
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21JulThe rebranding of RMK Maritime as EA Gibson Capital marks a strategic step in strengthening Gibson's maritime finance and advisory capabilities. Read in Full
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21JulThe 8,500 dwt ship has been built by Turkey's Atlas Shipyard. Read in Full
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21JulWith the new order, Van Oord will grow its subsea installation vessel fleet to five. Read in Full
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21JulOrbitMI has agreed to acquire Canadian AI firm AuQub to enhance real-time decision-making and automate maritime workflows. Read in Full
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21JulShip & Bunker's G20-VLSFO Index was little changed at its lowest level since June 12 on Friday. Read in Full
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21JulEach vessel will be chartered on a three-year contract to an unnamed container line. Read in Full
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18JulBut Iraq's output disruptions are stoking tightness fears. Read in Full
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18JulAnemoi has developed an in-service performance verification process for wind-assisted propulsion systems. Read in Full
Top Stories More
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Jul 17CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker. -
Jul 01The 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. -
Jun 26Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month. -
Jun 24The 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'.
Insights & Analysis More
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Jul 17CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker.
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Jul 16Rotterdam's bunker sales grew marginally in Q2. -
Jul 15About 26.73 million mt of bunker fuel was sold in the first half of 2025, down by 0.9% from last year. -
Jul 14About 431,147 mt of bunker fuels were supplied in Panama in June, down by 4.9% from the previous month. -
Jul 09Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the use of non-compete clauses in the bunker trader job market. -
Jul 08Chris Briggs of VPS Emsys discusses the growing need for continuous emissions monitoring systems in the shipping industry. -
Jul 01The 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.
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Jun 24The 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'.
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Jun 24Vernon Jayanathan of Maritime Recruitment Company Ltd discusses where power really lies in a bunker organisation. -
Jun 23Stanley George of VPS discusses how the use of biofuels can affect engine lubrication.
Yemen & Red Sea Attacks
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Jul 1015 crew members are missing from the bulk carrier, with some reportedly being kidnapped by the Houthis. -
Jul 09Arsenio Dominguez calls for intensified diplomatic efforts after strikes on Magic Seas and Eternity C mark the first Red Sea attacks since October. -
Jul 08Houthis say they will continue to attack ships with any links to Israel. -
Jul 07The ship came under attack 51 nautical miles west of Al Hudaydah at 4:34 PM UTC on Monday. -
Jul 06The ship came under attack about 51 nautical miles south-west of Al Hudaydah in Yemen at about 11:25 AM UTC on Sunday.
Decarbonisation and Alternative Marine Fuels & Power More
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Jul 22Two maritime projects in Alaska and one project in Pennsylvania have been awarded funding. -
Jul 21The 8,500 dwt ship has been built by Turkey's Atlas Shipyard. -
Jul 21With the new order, Van Oord will grow its subsea installation vessel fleet to five. -
Jul 21Each vessel will be chartered on a three-year contract to an unnamed container line. -
Jul 18The 75,259 gross tonne vessel can carry around 6,900 vehicles.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 508.50 | 2.00 | 722.00 | 1.50 | 427.50 | 0.50 |
| Global 20 Ports Average | 550.00 | 0.50 | 775.00 | 1.50 | 467.00 | 0.00 |
| Global Average Bunker Price | 588.00 | 0.00 | 818.50 | 2.50 | 479.50 | 0.50 |
| Singapore | 516.50 | 3.00 | 692.50 | 3.50 | 421.00 | 3.50 |
| Rotterdam | 506.00 | 1.50 | 713.50 | 14.00 | 438.50 | 1.50 |
| Fujairah | 511.00 | 3.00 | 750.00 | 2.50 | 404.00 | 4.50 |
| Houston | 501.50 | 0.00 | 732.50 | 10.00 | 447.00 | 1.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 541.00 | 0.00 | - | 486.50 | 7.00 | |
| Hong Kong | 533.00 | 0.50 | 695.00 | 14.00 | 440.00 | 2.50 |
| Istanbul | 680.00 | 8.00 | 839.50 | 6.00 | 568.50 | 4.00 |
| LA / LB | 570.50 | 2.00 | 821.50 | 14.50 | 459.00 | 3.00 |
| Las Palmas |
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| Mumbai |
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| New York | 519.00 | 1.00 | 762.50 | 5.50 | 473.00 | 0.50 |
| Cristobal, Panama |
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| Piraeus | 618.00 | 1.50 | 806.00 | 1.00 | 476.50 | 1.50 |
| Santos | 539.00 | 14.00 | 777.50 | 3.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 550.00 | 0.50 | 775.00 | 1.50 |
| Global 4 Ports Average | 508.50 | 2.00 | 722.00 | 1.50 |
| Global Average Bunker Price | 588.00 | 0.00 | 818.50 | 2.50 |
| Singapore | 516.50 | 3.00 | 692.50 | 3.50 |
| Fujairah | 511.00 | 3.00 | 750.00 | 2.50 |
| Rotterdam | 506.00 | 1.50 | 713.50 | 14.00 |
| Houston | 501.50 | 0.00 | 732.50 | 10.00 |
Bunker Jobs
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Jul 18The employer is described as 'a leading international trading house that's expanding its presence in North America'. -
Jul 17The company is looking for candidates with at least three years of bunker trading experience and a transferable client portfolio. -
Jul 15The company is looking for candidates with one to three years of experience in bunkering, trading or shipping operations. -
Jul 11The company is looking for candidates with experience in oil, storage and biofuels as well as fluent Dutch and English. -
Jul 10The company is looking for candidates with experience in commodity sales, preferably in marine fuel, and a strong interest in global shipping and marine fuel trading.
Popular Now More
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Jul 21The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft. -
Jul 16The firm will launch bunker supply at OPL Dakar in Senegal from August, an Aurelio representative tells Ship & Bunker. -
Jul 18US lawmakers have reintroduced two bills to curb emissions from shipping, after earlier proposals stalled in Congress. -
Jul 21Lila Global has joined Tankers International's VLCC pool with its vessel Lila Kochi, expanding the pool to 29 ships. -
Jul 17CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker.
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Jul 15The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year. -
Jul 16The tanker was arrested in relation to charges of smuggling two million liters of fuel.