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INTERVIEW: KPI OceanConnect Sees Global Biofuel Bunker Demand Doubling in 2025
The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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02AprBoth forums will work together for joint initiatives and knowledge sharing for shipping decarbonisation. Read in Full
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02AprThe Monjasa Thunder will be reallocated to serve the offshore US Gulf market from the end of this month, a company representative tells Ship & Bunker. Read in Full
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02AprThe firm had previously conducted a three-month trial of a B20 FAME biofuel blend on its bunker vessel Aiko Maru in Tokyo Bay. Read in Full
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02AprBoth firms have announced plans to implement low-sulfur surcharges for shipments passing through the Mediterranean Emission Control Area. Read in Full
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02AprShip & Bunker's G20-VLSFO Index gained $4.50/mt to its highest level since March 4 on Tuesday. Read in Full
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01AprThe certification demonstrates the firm's credentials as a trusted supplier of sustainable marine fuels. Read in Full
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01AprSince the launch in 2014, the engine has gathered nearly 1,000 orders. Read in Full
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01AprThe design of an ultra-large ethane carrier capable of running on ethane and conventional marine fuels has been approved. Read in Full
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01AprMethanol leads March with 12 out of 25 alternative-fuelled vessel orders. Read in Full
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01AprThe firms supplied 400 mt of hydrogenated vegetable oil (HVO) to a cruise ship in the port. Read in Full
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01AprGalveston LNG Bunker Port will supply LNG to Dunmura for distribution as marine fuel to its customers. Read in Full

Top Stories More
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Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
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Mar 05The firm has signed a deal to acquire the New York Harbor storage position of Element Alpha as of March 1.
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Mar 05Ship & Bunker's Top Ten Bunker Companies for 2025 report shows the sales volumes of the top firms gained 2.2% to about 119.8 million mt last year.
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Mar 04Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
Insights & Analysis More
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Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
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Mar 05Ship & Bunker's Top Ten Bunker Companies for 2025 report shows the sales volumes of the top firms gained 2.2% to about 119.8 million mt last year.
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Mar 04Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
Yemen & Red Sea Attacks
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Mar 26Nearly 1 million mt of bunker fuel was sold in Port Louis in 2024, almost double that from 2023.
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Mar 25Vice President JD Vance reportedly sees Houthi attacks on commercial shipping as more of a problem for Europe than the US.
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Mar 19With Red Sea tensions escalating again following US strikes, vessel diversions are expected to keep the container market tight.
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Mar 18The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away from the Suez Canal.
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Mar 12Houthis vow to resume attacks on Israeli ships in the Red Sea as Gaza aid deadline expires.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Apr 02Both forums will work together for joint initiatives and knowledge sharing for shipping decarbonisation.
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Apr 01Methanol leads March with 12 out of 25 alternative-fuelled vessel orders.
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Mar 31A project to develop the world's first hydrogen-powered cargo ship has been launched.
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Mar 31As the shipping industry faces increasing pressure to decarbonise, CMB.TECH is urging IMO to take decisive action at the upcoming series of meetings.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 527.50 | 2.50 | 693.50 | 5.00 | 461.00 | 2.50 |
Global 20 Ports Average | 565.00 | 4.50 | 765.50 | 6.50 | 501.50 | 3.50 |
Global Average Bunker Price | 597.50 | 2.50 | 795.50 | 4.00 | 514.50 | 2.00 |
Singapore | 538.00 | 6.50 | 667.50 | 6.00 | 469.50 | 2.50 |
Rotterdam | 504.00 | 3.00 | 673.50 | 10.00 | 457.50 | 4.00 |
Fujairah | 534.00 | 4.50 | 748.50 | 2.00 | 467.50 | 1.50 |
Houston | 533.50 | 3.50 | 685.50 | 2.50 | 450.00 | 3.50 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 539.00 | 4.00 | - | 501.00 | 1.00 | |
Hong Kong | 540.00 | 6.00 | 672.00 | 6.50 | 503.00 | 5.50 |
Istanbul | 575.00 | 4.50 | 746.50 | 5.50 | 544.50 | 12.50 |
LA / LB | 637.00 | 0.00 | 738.00 | 4.50 | 533.50 | 4.00 |
Las Palmas |
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Mumbai |
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New York | 553.00 | 0.00 | 719.00 | 1.50 | 489.00 | 4.00 |
Cristobal, Panama |
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Piraeus | 595.50 | 5.50 | 736.50 | 6.50 | 495.50 | 3.00 |
Santos | 541.50 | 5.00 | 821.00 | 5.00 | - | |
Shanghai |
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St Petersburg | 572.00 | 5.00 | 719.50 | 1.50 | 434.00 | 2.00 |
Tokyo |
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