Latest News
MPA Mulls Expanding Mass Flow Meter Mandate to Methanol Bunkering
The MPA is now looking into how the measurement systems can be used for methanol, a spokesman for the authority tells Ship & Bunker.
-
17OctChina's vague new housing policy also contributed to bearish sentiment. Read in Full
-
17OctHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 10 – October 16, 2024. Read in Full
-
17OctShell has reportedly ordered 10 conventionally-fuelled product tankers equipped with scrubbers. Read in Full
-
17OctIf the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high. Read in Full
-
17OctThe new hire was previously a senior procurement specialist for marine fuel trading firm Oilmar. Read in Full
-
17OctThe firm has taken delivery of the dual-fuelled Poseidon Highway, with a capacity of 7,000 vehicles, and held a naming ceremony for the vessel in Japan. Read in Full
-
17OctShip & Bunker's G20-VLSFO Index lost $3/mt to $605.50/mt on Wednesday, remaining at the lowest level since October 3. Read in Full
-
17OctThe system is expected to cut fuel consumption and CO2 emissions by about 6-12%. Read in Full
-
17OctThe company is looking for candidates with three to five years of bunker trading experience and fluent English. Read in Full
Insights & Analysis More
-
Oct 17If the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high.
-
Oct 15Mustafa El Zein, new fuels advisor at Glander International Bunkering, discusses recent developments in the LNG bunker market.
-
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker.
-
Oct 03Global bunker hub demand continued to climb on a yearly basis in Q2, with Red Sea diversions the largest factor setting the market's direction.
-
Oct 01New methanol production coming online in Asia will provide opportunities for its use as a bunker fuel there, Fratelli Cosulich's Guido Cardullo tells Ship & Bunker.
-
Oct 01Steve Bee, group commercial director of VPS, discusses how to avoid fuel quality problems affecting your ship.
-
Sep 25Matthias Winkler of fuel analysis firm CMT discusses ways shipowners can improve efficiency by paying closer attention to engine performance.
-
Sep 25VPS sets out its guidance on upcoming changes to EU regulations for the offshore segment.
-
Sep 18Investors in decarbonisation projects will be waiting for more clarity on regulations before committing to new activity, IBIA's Edmund Hughes tells 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.
Yemen & Red Sea Attacks
-
Oct 10The ship came under attack about 70 nautical miles south-west of Al Hudaydah at 00:10 AM UTC on Thursday.
-
Oct 01Change of status should come into force next year
-
Oct 01The ship came under attack about 97 nautical miles north-west of Al Hudaydah at 4:15 AM UTC on Tuesday, following a separate incident earlier in the morning.
-
Oct 01The ship came under attack about 64 nautical miles north-west of Al Hudaydah at 1:40 AM UTC on Tuesday.
-
Sep 30Israeli aircraft attacked the ports of Ras Isa and Hodeidah on Sunday.
Top Stories More
-
Oct 17If the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high.
-
Oct 15The firm has a total of four bunker delivery vessels capable of handling methanol on the way by the end of 2025, COO Choong Sheen Mao tells Ship & Bunker.
-
Oct 09The acquisition will add to Minerva's supply footprint in the Americas, Minerva CEO Tyler Baron tells Ship & Bunker.
-
Oct 09The firm will add physical LNG and mass balanced LBM to its supply portfolio in Northwest Europe from January 2025.
-
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker.
Decarbonisation and Alternative Marine Fuels & Power More
-
Oct 14EMSA is is planning to publish a report on nuclear propulsion next year, Executive Director Maja Markovčić Kostelac tells Ship & Bunker.
-
Oct 14Nuclear is one of the long-term options under consideration at Maersk, Maersk Oil Trading CEO Emma Mazhari tells Ship & Bunker.
-
Oct 14The 2040 indicative checkpoint for GHGs goal will require much more work for the shipping industry to achieve, the IMO's secretary general emeritus tells Ship & Bunker.
-
Oct 11The technology's downsides may prove insurmountable in many cases, according to one shipping executive.
-
Oct 09The industry is waiting for a revision of the IMO's CII regulation to take into account carbon capture systems' savings in GHG emissions, a carbon capture provider tells Ship & Bunker.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
---|---|---|---|---|---|---|
$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 564.50 | 0.00 | 680.00 | 1.50 | 467.00 | 1.00 |
Global 20 Ports Average | 605.00 | 0.50 | 744.00 | 0.50 | 500.50 | 2.00 |
Global Average Bunker Price | 647.50 | 1.50 | 811.00 | 1.50 | 547.00 | 1.50 |
Singapore | 589.50 | 2.00 | 651.50 | 2.00 | 470.50 | 1.00 |
Rotterdam | 552.50 | 5.00 | 650.50 | 3.00 | 481.00 | 0.00 |
Fujairah | 578.50 | 4.00 | 760.50 | 2.00 | 452.00 | 2.00 |
Houston | 537.50 | 2.00 | 658.50 | 8.00 | 464.50 | 0.50 |
Busan |
- login to view prices or subscribe from just $59 - |
|||||
Colombo |
- login to view prices or subscribe from just $59 - |
|||||
Durban |
- login to view prices or subscribe from just $59 - |
|||||
Gibraltar | 582.00 | 3.00 | - | 542.00 | 0.50 | |
Hong Kong | 597.00 | 0.50 | 658.00 | 0.50 | 481.50 | 4.50 |
Istanbul | 619.50 | 1.50 | 736.50 | 4.00 | 570.00 | 3.00 |
LA / LB | 599.50 | 8.50 | 718.00 | 13.00 | 497.50 | 11.00 |
Las Palmas |
- login to view prices or subscribe from just $59 - |
|||||
Mumbai |
- login to view prices or subscribe from just $59 - |
|||||
New York | 571.50 | 4.50 | 695.50 | 6.50 | 539.00 | 2.50 |
Cristobal, Panama |
- login to view prices or subscribe from just $59 - |
|||||
Piraeus | 635.00 | 2.50 | 729.00 | 12.50 | 523.50 | 0.00 |
Santos | 603.00 | 16.00 | 822.00 | 23.00 | - | |
Shanghai |
- login to view prices or subscribe from just $59 - |
|||||
St Petersburg | 573.00 | 2.00 | 721.50 | 8.00 | 408.00 | 2.00 |
Tokyo |
- login to view prices or subscribe from just $59 - |