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IBIA CONVENTION 2025: Carbon Capture Key as Two-Thirds of Today's 60,000 Ships Won't Bunker Future Fuels

IBIA CONVENTION 2025: Carbon Capture Key as Two-Thirds of Today's 60,000 Ships Won't Bunker Future Fuels

GCMD's Lynn Loo argues carbon capture technology makes sense for ships operating in tramp service.
  1. 19Nov
    Global VLSFO prices advanced for a second day on Tuesday. Read in Full
  2. 19Nov
    As the sector shifts towards green fuels, speakers at IBIA's Annual Convention cautioned that training for seafarers is not keeping pace. Read in Full
  3. 19Nov
    Ethanol is seen by some as being more readily available compared to methanol in certain parts of the world. Read in Full
  4. 19Nov
    CLIA's Bud Darr expects LNG, bio-LNG and methanol-based fuels like biomethanol to form the core bunker pathway for the cruise industry. Read in Full
  5. 19Nov
    CLIA CEO Bud Darr sees any attempt to return the IMO's net-zero framework to a vote next year with no change as destined to fail. Read in Full
  6. 18Nov
    Analysts cite Iran and Venezuela as possible influencers amid simmering geopolitical tensions. Read in Full
  7. 18Nov
    The new hire was previously as bunker broker for GF Bunker Trade in the US. Read in Full
  8. 18Nov
    IBIA expects to host more than 250 delegates at the Renaissance Hong Kong Harbour View Hotel on Wednesday and Thursday for its 2025 annual convention. Read in Full
  9. 18Nov
    The tanker, seized by Iranian forces on Friday, is now being held in detention in Iranian territorial waters. Read in Full
  10. 18Nov
    Shipowners face their first FuelEU deadline on January 31, when reports for the 2025 period must be submitted. Read in Full

IBIA Convention 2025

  1. IBIA CONVENTION 2025: Significant Seafarer Upskilling Needed for Green Fuels Transition
    Nov 19
    As the sector shifts towards green fuels, speakers at IBIA's Annual Convention cautioned that training for seafarers is not keeping pace.
  2. IBIA CONVENTION 2025: Should Ethanol Now Be Considered a Key Future Marine Fuel Candidate?
    Nov 19
    Ethanol is seen by some as being more readily available compared to methanol in certain parts of the world.
  3. IBIA CONVENTION 2025: Ammonia Unlikely Bunker Choice for the Cruise Industry
    Nov 19
    CLIA's Bud Darr expects LNG, bio-LNG and methanol-based fuels like biomethanol to form the core bunker pathway for the cruise industry.
  4. IBIA CONVENTION 2025: 'Something Has to Change' For IMO NZF to Pass
    Nov 19
    CLIA CEO Bud Darr sees any attempt to return the IMO's net-zero framework to a vote next year with no change as destined to fail.
  5. IBIA CONVENTION 2025: Carbon Capture Key as Two-Thirds of Today's 60,000 Ships Won't Bunker Future Fuels
    Nov 19
    GCMD's Lynn Loo argues carbon capture technology makes sense for ships operating in tramp service.
  6. IBIA CONVENTION: Delegates Gather in Hong Kong for IBIA Annual Convention
    Nov 18
    IBIA expects to host more than 250 delegates at the Renaissance Hong Kong Harbour View Hotel on Wednesday and Thursday for its 2025 annual convention.
  7. Chimbusco Pan Nation Sees Hong Kong Biofuel Bunker Demand Potentially Doubling by 2031
    Nov 06
    The firm expects Hong Kong's demand for biofuel bunker blends to grow by 1.5-2 times over the next five years, its director tells Ship & Bunker.
  8. INTERVIEW: AuctionConnect Signs Five-Year Bunkering Deal With X-Press Feeders
    Nov 06
    New AuctionConnect CEO Kenneth Juhls discusses a deal bringing in about 300,000-500,000 mt/year of marine fuels volumes to the platform.
  9. IBIA Signs Reciprocal Membership Deal With INTERCARGO
    Nov 03
    The two bodies also plan more coordination of their involvement in international forums like the IMO.
  10. IBIA Unveils Brand Refresh: Keeps 'Bunkering' in Name, Adds Green to Revamped Logo
    Oct 21
    "There is not a more inclusive word for the procedure than 'bunkering'," says Constantinos Capetanakis, chairman of IBIA.

Bunker Price Forecast - Q4 2025

Quarterly and full year bunker price forcast for 2025 and 2026. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

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Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 338.00 4.50 695.50 9.50 721.00 9.50
Rotterdam 284.50 1.00 585.50 2.00 607.00 2.00
Houston 314.50 3.00 647.00 6.00 670.50 6.50
Fujairah 190.00 18.00 391.00 37.00 405.00 38.50

Compliance Costs Calculator

Planning for the future? Ship & Bunker has developed a calculator to help shipping companies and other maritime stakeholders estimate the compliance costs for EU ETS, FuelEU Maritime, and IMO 20208 / NZF regulations for their chosen energy mix for the years 2028-2035.

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IMO 2050

  1. European Biofuel Bunker Demand to Retain Momentum Despite IMO Delay: CSC Commodities
    Oct 21
    EU regulations are likely to continue delivering growth to global biofuel demand, Bastien Declercq of CSC Commodities tells Ship & Bunker.

Top Stories More

  1. Bunker Industry Stakeholders Voice Strong Opposition to Adoption of IMO Net-Zero Framework
    Nov 07
    NSI recently surveyed its maritime-industry clients for their views on the IMO's proposed framework .
  2. INTERVIEW: AuctionConnect Signs Five-Year Bunkering Deal With X-Press Feeders
    Nov 06
    New AuctionConnect CEO Kenneth Juhls discusses a deal bringing in about 300,000-500,000 mt/year of marine fuels volumes to the platform.
  3. INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
    Oct 31
    Quadrise CEO Peter Borup and CTO Jason Miles discuss the prospects for emulsion fuels to take a share of marine energy demand.
  4. JuWonOil Expands Into US Gulf LNG Bunker Market
    Oct 29
    The firm is developing structured logistics for small-scale LNG bunkering and distribution, a company representative tells Ship & Bunker.
  5. World Kinect Bunker Operations Return to Profit in Q3
    Oct 28
    The firm has appointed Ira Birns - formerly CFO - as its new CEO as of January 1, 2026.

Insights & Analysis More

  1. ANALYSIS: Singapore October Bunker Sales Dropped 1.5% Year-on-Year
    Nov 14
    Despite a rise in bunker calls, Singapore bunker sales were lower on the year in October.
  2. Chimbusco Pan Nation Sees Hong Kong Biofuel Bunker Demand Potentially Doubling by 2031
    Nov 06
    The firm expects Hong Kong's demand for biofuel bunker blends to grow by 1.5-2 times over the next five years, its director tells Ship & Bunker.
  3. INTERVIEW: AuctionConnect Signs Five-Year Bunkering Deal With X-Press Feeders
    Nov 06
    New AuctionConnect CEO Kenneth Juhls discusses a deal bringing in about 300,000-500,000 mt/year of marine fuels volumes to the platform.
  4. INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
    Oct 31
    Quadrise CEO Peter Borup and CTO Jason Miles discuss the prospects for emulsion fuels to take a share of marine energy demand.
  5. VPS: After the IMO Delay, Focus Should Shift to EU-ETS and FuelEU Maritime
    Oct 30
    Global fuel testing and maritime decarbonisation advisory firm VPS discusses the recent delay to the IMO's net-zero framework.
  6. INSIGHT: The Cost of Caution in Two-Stroke Cylinder Lubrication
    Oct 27
    Joe Star of VPS discusses lubrication strategies for two-stroke diesel engines.
  7. VIEWPOINT: Time to Pull the Plug on Scrubbers in Shipping
    Oct 23
    Raija Koch and Sönke Diesener of NABU set out their view on the role of scrubbers in the shipping industry.

Decarbonisation and Alternative Marine Fuels & Power More

  1. IBIA CONVENTION 2025: Significant Seafarer Upskilling Needed for Green Fuels Transition
    Nov 19
    As the sector shifts towards green fuels, speakers at IBIA's Annual Convention cautioned that training for seafarers is not keeping pace.
  2. IBIA CONVENTION 2025: Should Ethanol Now Be Considered a Key Future Marine Fuel Candidate?
    Nov 19
    Ethanol is seen by some as being more readily available compared to methanol in certain parts of the world.
  3. Gasum Starts Publishing Daily FuelEU Maritime Pooling Price
    Nov 18
    Shipowners face their first FuelEU deadline on January 31, when reports for the 2025 period must be submitted.
  4. EU Allocates €600 Million for Transport Decarbonisation Including Shipping
    Nov 18
    The funding will be used to develop shore power facilities at several European ports as well as alternative fuel bunkering infrastructure.
  5. Klaipėda to Get Shore Power Connectivity for Ferries Next Year
    Nov 18
    Klaipėda is set to introduce four shore-power connection points for ferries in 2026.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 449.50 2.00 739.50 11.50 366.50 4.00
Global 20 Ports Average 493.00 1.00 804.00 7.00 419.00 2.50
Global Average Bunker Price 539.50 0.50 833.50 4.00 434.50 1.50
Singapore 465.00 0.50 743.00 1.50 366.00 5.50
Rotterdam 434.50 0.00 742.00 18.00 382.50 0.00
Fujairah 464.00 11.50 746.50 8.00 342.00 2.00
Houston 435.50 1.50 726.00 19.00 375.50 7.50
Busan - login to view prices or
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Gibraltar 464.50 2.50 - 424.00 5.00
Hong Kong 473.00 0.00 729.00 2.00 396.00 5.00
Istanbul 623.00 4.50 810.50 18.00 495.00 10.50
LA / LB 510.50 3.50 812.00 1.00 430.50 3.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 474.50 1.00 805.00 17.50 412.00 1.50
Cristobal, Panama - login to view prices or
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Piraeus 560.00 0.50 783.00 2.50 424.50 5.50
Santos 505.00 20.00 817.50 5.00 -
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