Latest News
Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta
Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.
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09MayEven a slight thaw would be beneficial to demand, says experts. Read in Full
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09MayThe event will take place during the afternoon of Wednesday May 28th at the Golf Prive venue in Glyfada, followed by a drinks reception and dinner in the evening. Read in Full
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09MayThe award was presented by Transport Undersecretary Khamis bin Mohammed Al Shamakhi at the Oman Logistics Day event on April 30. Read in Full
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09MayThe carbon capture system was installed on a 63,000-dwt vessel by Value Maritime. Read in Full
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09MayThe firm bunkered B24-VLSFO at the Port of Houston in Texas. Read in Full
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09MayGrandi Navi Veloci (GNV), part of MSC, has ordered four LNG-powered Ro-Pax vessels from China. Read in Full
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09MayGasum's vessel will use bio-LNG to generate compliance credits for its FuelEU Maritime pooling service. Read in Full
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09MayThe company is looking for candidates with experience in sales or trading and fluent English. Read in Full
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09MayGlobal VLSFO prices have been rising for most of this week. Read in Full
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09MayValio is using Viking Line's vessels powered by bio-LNG for milk product shipments. Read in Full
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08MayMeanwhile, global refiners report solid Q1 showings despite bearish market. Read in Full
MEPC 83 & IMO 2028
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Apr 30The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs. -
Apr 23Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028. -
Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO. -
Apr 15The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028. -
Apr 14While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator. -
Apr 11IMO secretary-general Arsenio Dominguez says the agreement reached this week should be seen as a positive outcome. -
Apr 10IMO's team approach will get the job done despite US delegation no-show.
Top Stories More
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May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said. -
May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices. -
May 05BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022. -
Apr 28Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker. -
Apr 25Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.
Insights & Analysis More
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May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
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Apr 24Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends. -
Apr 23Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 17If the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal. -
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14Steve Bee of VPS discusses how to avoid engine damage from cat fines. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
Yemen & Red Sea Attacks
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May 09Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates. -
May 08Executives from CMA CGM and the Suez Canal Authority held talks this week to explore a full return to Suez Canal transits. -
May 08Houthis claim they have carried out strikes at various warships in the Red Sea, including a US aircraft carrier. -
May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
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May 02Vessels anchored at Ras Isa port are reportedly being prevented from leaving, with warning shots fired in one incident.
Decarbonisation and Alternative Marine Fuels & Power More
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May 08The vessel can be remotely operated for up to 30 days without recharging or refuelling. -
May 07The EU is calling for proposals that focus on decarbonising the shipping industry, offering €8 million in funding for selected projects. -
May 07MSI projects that IMO's midterm measures could add $100 billion annually to bunker costs by 2035, as penalties drive up prices for conventional fuels by up to 82%. -
May 05The route optimisation technology demonstrated bunker fuel savings of 725 mt across TotalEnergies' fleet. -
May 05The vessel is equipped with a battery-hybrid propulsion system, enabling it to operate on electric power for selected durations.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 477.50 | 5.50 | 625.00 | 6.00 | 411.00 | 7.50 |
| Global 20 Ports Average | 526.00 | 6.50 | 700.50 | 6.50 | 455.50 | 7.00 |
| Global Average Bunker Price | 564.50 | 3.50 | 747.50 | 2.00 | 473.50 | 5.50 |
| Singapore | 511.00 | 6.50 | 590.50 | 2.00 | 428.00 | 6.00 |
| Rotterdam | 451.00 | 7.00 | 597.00 | 8.00 | 410.50 | 11.00 |
| Fujairah | 498.00 | 3.50 | 710.00 | 3.00 | 416.00 | 4.00 |
| Houston | 450.50 | 4.50 | 602.50 | 14.50 | 390.50 | 9.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 512.50 | 4.50 | - | 463.50 | 9.50 | |
| Hong Kong | 520.00 | 4.50 | 607.50 | 9.50 | 448.50 | 4.00 |
| Istanbul | 631.50 | 12.50 | 717.00 | 4.00 | 524.50 | 8.00 |
| LA / LB | 541.50 | 5.50 | 648.00 | 8.00 | 459.50 | 5.00 |
| Las Palmas |
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| Mumbai |
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| New York | 484.00 | 11.00 | 662.00 | 15.50 | 419.50 | 9.00 |
| Cristobal, Panama |
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| Piraeus | 543.00 | 0.50 | 678.50 | 5.00 | 443.00 | 6.50 |
| Santos | 502.50 | 10.00 | 762.00 | 16.00 | - | |
| Shanghai |
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| St Petersburg | 536.00 | 5.00 | 708.50 | 5.00 | 413.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 526.00 | 6.50 | 700.50 | 6.50 |
| Global 4 Ports Average | 477.50 | 5.50 | 625.00 | 6.00 |
| Global Average Bunker Price | 564.50 | 3.50 | 747.50 | 2.00 |
| Singapore | 511.00 | 6.50 | 590.50 | 2.00 |
| Fujairah | 498.00 | 3.50 | 710.00 | 3.00 |
| Rotterdam | 451.00 | 7.00 | 597.00 | 8.00 |
| Houston | 450.50 | 4.50 | 602.50 | 14.50 |
Bunker Jobs
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May 09The company is looking for candidates with experience in sales or trading and fluent English. -
May 08The company is looking for candidates with experience in container operations and fluent English. -
May 07The company is looking for candidates with strong interpersonal and communication skills as well as fluent Spanish and English. -
May 02The company is looking for candidates with mathematical abilities and preferably some experience in bunkering. -
May 01The company is looking for candidates with prior experience in bunker trading, a deep understanding of the commercial trading landscape and fluent English.
Popular Now More
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May 05BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022.
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May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
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May 05The executive had worked for Glander since June 2006. -
May 08This drop came before much of the current trade uncertainty driven by volatile US trade policy, meaning further declines are likely in Q2's figures. -
May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
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May 07The LNG bunkering was carried out off the coast of Portland in Jamaica. -
May 09The company is looking for candidates with experience in sales or trading and fluent English.