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ANALYSIS: Higher HSFO Demand Pushes Singapore July Bunker Sales to 18-Month High

ANALYSIS: Higher HSFO Demand Pushes Singapore July Bunker Sales to 18-Month High

HSFO's share of the total July bunker fuel sales was 41.3%, up from 38.9% the same month a year earlier.
  1. 14Aug
    The fire broke out on the 18,340 TEU container ship Marie Maersk off the coast of Liberia on Wednesday. Read in Full
  2. 14Aug
    The last time the G20-VLSFO Index was as low as $411/mt was in December 2020, when the COVID-19 pandemic was heavily suppressing global crude demand. Read in Full
  3. 14Aug
    Everllence and Meyer Re have teamed up to deliver methanol retrofit solutions for shipping. Read in Full
  4. 14Aug
    The firm's fleet consumed 2.5 million mt of bunker fuels in 1H 2025. Read in Full
  5. 14Aug
    The two bunker vessels were launched into the water for the first time, after the first phase of the barge project started last year. Read in Full
  6. 14Aug
    Global VLSFO prices have dropped every day for almost two weeks. Read in Full
  7. 14Aug
    Itochu Corporation is set to offtake green ammonia from the L&T proposed plant in Kandla. Read in Full
  8. 14Aug
    Crowley's LNG-fuelled boxship has begun its inaugural service from Florida to Central America. Read in Full
  9. 14Aug
    Van Oord sees bio-LNG as a key part of its decarbonisation strategy. Read in Full
  10. 13Aug
    The new hire was previously a bunker supply trader for Cockett Group in Singapore. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 341.00 3.00 701.50 6.50 727.50 6.50
Rotterdam 284.00 3.50 584.00 7.00 605.50 7.00
Houston 329.00 7.50 676.50 15.50 701.50 16.00
Fujairah 221.00 10.50 455.00 21.00 471.50 22.00

Bunker Price Forecast - Q3 2025

Quarterly and full year bunker price forcast for 2025 and 2026. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

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Compliance Costs Calculator

Planning for the future? Ship & Bunker has developed a calculator to help shipping companies and other maritime stakeholders estimate the compliance costs for EU ETS, FuelEU Maritime, and IMO 20208 / NZF regulations for their chosen energy mix for the years 2028-2035.

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Top Stories More

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    Aug 07
    "We had very different expectations," Monjasa's Jonas Bruslund tells Ship & Bunker.
  2. VPS: Crew Safety Endangered in the Wake of Bunker Failures
    Aug 05
    Steve Bee and Rahul Choudhuri of VPS highlight a recent case where contaminated bunkers led to a loss of propulsion and a safety risk to the vessel and crew.
  3. ANALYSIS: 2026 Regulatory Cost Increase Far Outweighs Projected Bunker-Price Drop
    Aug 05
    Total intra-EU fuel and compliance costs are forecast to rise by 5.9% from the 2025 year-to-date average to $829.94 per tonne of VLSFO in 2026.
  4. World Kinect Sees First Quarterly Marine Fuels Loss Since 2017
    Aug 04
    World Kinect posted a loss of $25.6 million from its marine fuels segment in Q2 after an asset impairment that cost it $32 million.
  5. Ship & Bunker Launches IMO 2028, EU-ETS and FuelEU Maritime Cost Comparison Tool
    Jul 30
    The calculator breaks down GHG-related regulatory costs for a variety of fuels under the three frameworks for the years 2028-2035.

Insights & Analysis More

  1. ANALYSIS: Higher HSFO Demand Pushes Singapore July Bunker Sales to 18-Month High
    Aug 14
    HSFO's share of the total July bunker fuel sales was 41.3%, up from 38.9% the same month a year earlier.
  2. INTERVIEW: Monjasa Sees Slow Start to Panama Biofuel Sales
    Aug 07
    "We had very different expectations," Monjasa's Jonas Bruslund tells Ship & Bunker.
  3. INSIGHT: LNG/LBM/E-Methane, A Titanic Trio
    Aug 06
    Michael Schaap of Titan Clean Fuels discusses the need not to view LNG, LBM and e-methane in isolation, but as a combination.
  4. VPS: Crew Safety Endangered in the Wake of Bunker Failures
    Aug 05
    Steve Bee and Rahul Choudhuri of VPS highlight a recent case where contaminated bunkers led to a loss of propulsion and a safety risk to the vessel and crew.
  5. ANALYSIS: 2026 Regulatory Cost Increase Far Outweighs Projected Bunker-Price Drop
    Aug 05
    Total intra-EU fuel and compliance costs are forecast to rise by 5.9% from the 2025 year-to-date average to $829.94 per tonne of VLSFO in 2026.
  6. VPS: The Power of Precision Bunker Quantity Surveys
    Aug 04
    Peter van den Boomgaard and Steve Bee of VPS discuss the importance of quantity surveys in bunker procurement.
  7. World Kinect Sees First Quarterly Marine Fuels Loss Since 2017
    Aug 04
    World Kinect posted a loss of $25.6 million from its marine fuels segment in Q2 after an asset impairment that cost it $32 million.
  8. FEATURE: Big Players Covered, Smaller Firms Rush as Shipping's EUA Deadline Approaches
    Jul 29
    Ship & Bunker talks to various stakeholders to assess how prepared the shipping industry is for its first EUA surrender deadline on September 30, 2025.
  9. INTERVIEW: New Alliance Seeks to Crack Down on ARA Quantity Disputes
    Jul 24
    The new Bunkering Services Initiative is seeking to establish a gold standard for ARA marine fuel supply, one of its founders tells Ship & Bunker.
  10. VIEWPOINT: Why Good Bunker Traders Sometimes Leave to Join a Competitor
    Jul 23
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.

Yemen & Red Sea Attacks

  1. UKMTO Reports Suspicious Approach in Red Sea
    Jul 24
    The ship was approached north-west of Al Mukha in Yemen at about 2 AM UTC on Thursday.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Everllence Partners with Meyer Re for Shipping Methanol Retrofits
    Aug 14
    Everllence and Meyer Re have teamed up to deliver methanol retrofit solutions for shipping.
  2. India's Kandla to Supply Green Ammonia for Singapore Bunkering
    Aug 14
    Itochu Corporation is set to offtake green ammonia from the L&T proposed plant in Kandla.
  3. Crowley's New LNG-Fuelled Boxship Enters Service
    Aug 14
    Crowley's LNG-fuelled boxship has begun its inaugural service from Florida to Central America.
  4. Van Oord's Ship Bunkers Bio-LNG for the First Time in Germany
    Aug 14
    Van Oord sees bio-LNG as a key part of its decarbonisation strategy.
  5. Japan's First Fully Battery-Powered Tugboat Project Launched
    Aug 13
    The fully electric tugboat is expected to begin commercial operations in 2030.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 487.00 2.00 670.50 4.50 411.00 3.00
Global 20 Ports Average 531.00 1.00 745.50 7.50 454.50 1.50
Global Average Bunker Price 569.50 2.50 791.00 4.00 463.50 2.50
Singapore 500.00 2.50 649.00 10.50 415.00 3.50
Rotterdam 478.00 0.50 656.50 5.50 417.00 4.50
Fujairah 487.50 5.50 721.00 4.50 390.00 5.00
Houston 482.00 0.00 655.50 3.00 423.50 3.00
Busan - login to view prices or
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Gibraltar 513.50 1.50 - 468.50 0.00
Hong Kong 512.50 6.00 654.00 3.50 427.50 5.00
Istanbul 631.50 1.00 747.50 10.00 546.50 1.00
LA / LB 553.00 6.00 743.50 12.50 440.00 6.50
Las Palmas - login to view prices or
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New York 502.50 7.50 703.00 15.50 451.00 13.00
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Piraeus 604.50 4.00 751.50 13.50 467.00 8.50
Santos 519.00 3.50 779.50 5.00 -
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