Latest News
ANALYSIS: VLSFO Prices Forecast to Drop to Levels Not Seen Since Covid-19 Era
Ship & Bunker's latest forecast shows bunker prices falling through the end of 2026, with VLSFO averaging $547/mt in 2025 and holding below $500/mt next year.
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25JulMeanwhile, Washington relaxes restrictions on business dealings with Venezuela. Read in Full
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25JulAn ammonia-fuelled tugboat was bunkered with green ammonia for the first time. Read in Full
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25JulMarshall Islands-based shipping company Lym Holdings filed a winding-up application against Delta Corp Shipping Pte Ltd in Singapore's High Court on July 10. Read in Full
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25JulThe firm's bulker the Asian Progress was bunkered with about 300 mt of a B24 FAME blend in Singapore on Thursday. Read in Full
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25JulPaul Jrs. Rios Meza has joined the company as a marine fuel and lubricants trader in Dubai as of last month.Paul Jrs. Rios Meza has joined the company as a marine fuel and lubricants trader in Dubai as of last month Read in Full
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25JulThe company is looking for candidates with at least 10 years of proven experience in trading and commercial operations. Read in Full
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25JulThe UK has awarded £30m to projects advancing alternative marine fuels and wind propulsion in shipping. Read in Full
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25JulThe new global embedded finance program will use 129Knots's origination-to-distribution platform to allow eligible borrowers across the global marine fuel sector to access working capital financing lines. Read in Full
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25JulGlobal VLSFO prices broke an almost two-week losing streak on Thursday. Read in Full
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25JulThe vessel will operate in the Great Lakes region in Canada. Read in Full
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25JulNYK Line has begun using bio-LNG continuously to power its car carrier fleet. Read in Full

Top Stories More
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Jul 24The new Bunkering Services Initiative is seeking to establish a gold standard for ARA marine fuel supply, one of its founders tells Ship & Bunker.
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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 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 26Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month.
Insights & Analysis More
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Jul 24The new Bunkering Services Initiative is seeking to establish a gold standard for ARA marine fuel supply, one of its founders tells Ship & Bunker.
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Jul 23Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.
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Jul 22VPS's Steve Bee discusses potential stability problems in residual fuels, distillates and biofuel blends.
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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.
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Jul 15About 26.73 million mt of bunker fuel was sold in the first half of 2025, down by 0.9% from last year.
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Jul 14About 431,147 mt of bunker fuels were supplied in Panama in June, down by 4.9% from the previous month.
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Jul 09Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the use of non-compete clauses in the bunker trader job market.
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Jul 08Chris Briggs of VPS Emsys discusses the growing need for continuous emissions monitoring systems in the shipping industry.
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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.
Yemen & Red Sea Attacks
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Jul 24The ship was approached north-west of Al Mukha in Yemen at about 2 AM UTC on Thursday.
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Jul 1015 crew members are missing from the bulk carrier, with some reportedly being kidnapped by the Houthis.
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Jul 09Arsenio Dominguez calls for intensified diplomatic efforts after strikes on Magic Seas and Eternity C mark the first Red Sea attacks since October.
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Jul 08Houthis say they will continue to attack ships with any links to Israel.
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Jul 07The ship came under attack 51 nautical miles west of Al Hudaydah at 4:34 PM UTC on Monday.
Decarbonisation and Alternative Marine Fuels & Power More
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Jul 25An ammonia-fuelled tugboat was bunkered with green ammonia for the first time.
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Jul 25The UK has awarded £30m to projects advancing alternative marine fuels and wind propulsion in shipping.
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Jul 25The vessel will operate in the Great Lakes region in Canada.
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Jul 25NYK Line has begun using bio-LNG continuously to power its car carrier fleet.
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Jul 24The latest orders are part of the firm's fleet optimisation plan.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 509.00 | 0.50 | 716.50 | 1.00 | 426.50 | 1.00 |
Global 20 Ports Average | 548.00 | 0.50 | 772.00 | 1.00 | 466.00 | 1.00 |
Global Average Bunker Price | 584.50 | 1.00 | 819.00 | 1.00 | 482.00 | 0.00 |
Singapore | 518.00 | 1.00 | 693.50 | 3.50 | 418.00 | 0.00 |
Rotterdam | 508.00 | 2.00 | 721.00 | 4.00 | 443.50 | 3.50 |
Fujairah | 510.00 | 1.00 | 745.00 | 1.50 | 403.50 | 1.50 |
Houston | 499.50 | 0.50 | 705.50 | 2.50 | 441.00 | 3.00 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 540.50 | 2.50 | - | 492.00 | 2.00 | |
Hong Kong | 530.00 | 2.50 | 682.50 | 1.50 | 440.50 | 4.00 |
Istanbul | 663.00 | 8.50 | 811.00 | 19.00 | 564.00 | 0.50 |
LA / LB | 566.00 | 1.50 | 825.00 | 2.00 | 456.00 | 4.50 |
Las Palmas |
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Mumbai |
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New York | 518.00 | 0.00 | 774.50 | 6.00 | 475.50 | 1.50 |
Cristobal, Panama |
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Piraeus | 620.00 | 6.00 | 808.50 | 2.00 | 475.00 | 5.50 |
Santos | 518.00 | 1.00 | 769.50 | 1.00 | - | |
Shanghai |
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St Petersburg |
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Tokyo |
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