Latest News
Global Q1 VLSFO Off-Spec Jumps to One-Year High: Verifuel
About 1.7% of the VLSFO samples analysed by Verifuel in Q1 were found to be off-specification, the company tells Ship & Bunker.
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25AprThe firm has ordered the 20,000 m3 ships from Nantong CIMC Sinopacific Offshore & Engineering Co. Read in Full
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25AprThe company is looking for candidates with a commercial mindset and strong people skills. Read in Full
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25AprAs part of ferry operator DFDS's plans for six alt fuel vessels. Read in Full
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25AprRomanian Black Sea port project in second phase of development. Read in Full
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25AprEngine being built in Japan under licence. Read in Full
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25AprThe incident happened 15 nautical miles south-west of Aden at about 7:15 AM UTC on Thursday. Read in Full
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25AprTradeGo Pte Ltd's BunkerGo service has now been added to the list of whitelisted e-BDN service providers on the MPA's website. Read in Full
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25AprOfficials from the Port of Rotterdam and Port of Antwerp-Bruges met representatives from VPS, TFG Marine, Metcore International and IBIA on Wednesday to discuss MFMs. Read in Full
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25AprThe new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. Read in Full
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25AprShip & Bunker's G20-VLSFO Index rose to the highest level since April 19 on Wednesday. Read in Full
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24AprMeanwhile, a huge U.S. stock draw is perceived as a one-off. Read in Full
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24AprNew Maersk and Green Marine Partnership Aims to be Leading Provider of Training for Alt-Bunker FuelsThe pair has partnered to establish Maersk Training powered by Green Marine. Read in Full
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24AprSEB says the emission intensity of its shipping portfolio must be reduced by 41% by 2030 compared to the base year 2022. Read in Full
Insights & Analysis More
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Apr 18Glander International Bunkering's Alvaro Sierra discusses the company's role in the marine energy transition and other industry developments. -
Apr 15If the Q1 total were to be replicated over the rest of 2024, this year's total for Singapore would reach 55.14 million mt, up by 6.6% from 2023's record high. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker. -
Apr 11Elboil's Can Ertem, writing in a personal capacity, argues the bunker industry is taking on too many junior traders. -
Apr 02New IBIA chairman Constantinos Capetanakis discusses improving relationships between bunker buyers and sellers, as well as plans for his two-year term, in an interview with Ship & Bunker. -
Apr 02"We see that we need to be more engaged in the supply chain than we have traditionally been," Soerensen teslls Ship & Bunker.
Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.
Baltimore Bridge Collapse
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Apr 15The investigation is examining whether the crew left Baltimore with the knowledge that something could be wrong with the ship. -
Apr 11Video footage of the incident showed lights on the ship going out just beforehand, and the US National Transportation Safety Board is now looking at the possibility of electrical failure. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker. -
Apr 05Engineers from the US Army Corps of Engineers are working with local, state and federal partners to clear the wreckage of the Francis Scott Key Bridge. -
Apr 05The NTSB's full report is likely to take more than a year to prepare, but early findings may be released next week.
Red Sea Attacks
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Apr 25The incident happened 15 nautical miles south-west of Aden at about 7:15 AM UTC on Thursday. -
Apr 24The incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday. -
Apr 19US defense officials have accused the Iranian-flagged vessel of gathering intelligence on commercial ships passing through the Red Sea and Gulf of Aden to pass on to Yemen's Houthi movement. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 13A seizure of a ship by Iran would point to a significant widening of the threat to global shipping from current geopolitical tensions.
Top Stories More
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Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 11The ban will take effect from July 1, 2025 at a distance of up to 12 nautical miles from the Danish coast. -
Apr 09The firm saw strong volumes gains in the Americas and Asia last year, offset by declines in Northwest Europe and the Mediterranean. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker.
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Apr 03The company plans to charter LNG bunker barges as part of setting up the new unit.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 25As part of ferry operator DFDS's plans for six alt fuel vessels. -
Apr 242New Maersk and Green Marine Partnership Aims to be Leading Provider of Training for Alt-Bunker FuelsThe pair has partnered to establish Maersk Training powered by Green Marine. -
Apr 24SEB says the emission intensity of its shipping portfolio must be reduced by 41% by 2030 compared to the base year 2022. -
Apr 24The STAX system is to be used at the ports of Benicia, Los Angeles, Long Beach and Oakland. -
Apr 24Wärtsilä will supply 20DF dual-fuel auxiliary gen-sets, operating mainly on LNG, as well as transverse thrusters and main engine control systems for each of the six new ships.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 | 499.00 | 0.50 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 | 543.50 | 1.00 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 | 570.00 | 8.50 |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 | 517.00 | 4.00 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 | 487.00 | 1.50 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 | 500.00 | 1.50 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 | 492.00 | 3.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 647.00 | 6.50 | - | 558.00 | 4.50 | |
| Hong Kong | 652.50 | 1.50 | 785.00 | 6.50 | 519.50 | 2.50 |
| Istanbul | 685.00 | 7.50 | 881.50 | 3.00 | 613.00 | 0.50 |
| LA / LB | 703.50 | 10.50 | 886.00 | 1.00 | 512.00 | 1.00 |
| Las Palmas |
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| Mumbai |
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| New York | 653.50 | 1.00 | 815.00 | 0.50 | 532.00 | 2.50 |
| Cristobal, Panama |
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| Piraeus | 691.00 | 3.50 | 852.50 | 5.00 | 539.00 | 4.50 |
| Santos | 667.00 | 5.50 | 1079.50 | 0.50 | - | |
| 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 | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
Bunker Jobs
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Apr 25The company is looking for candidates with a commercial mindset and strong people skills. -
Apr 24The company is looking for candidates with a good understanding of legal, regulatory and risk management concepts. -
Apr 24The company is looking for candidates with fluent English and a proficiency with technology. -
Apr 23The company is looking for candidates with at least three years of sourcing experience, preferably in the oil trading or shipping industries. -
Apr 23The company is looking for candidates with fluent English and an understanding of trading and maritime terminology.
Popular Now More
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Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. -
Apr 24The arrests were both on Monday. -
Apr 23The ship had come to Singapore from St Petersburg. -
Apr 25Officials from the Port of Rotterdam and Port of Antwerp-Bruges met representatives from VPS, TFG Marine, Metcore International and IBIA on Wednesday to discuss MFMs. -
Apr 22The 46,000 DWT MR2 chemical tanker Green Land was arrested at about 3:30 PM on April 17. -
Apr 24The incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday.