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Golden Island to Have Four Methanol Tankers in Singapore by Start of Next Year

Golden Island to Have Four Methanol Tankers in Singapore by Start of Next Year

The firm was one of just three selected this week to receive methanol bunkering licences from the Maritime and Port Authority from January 1.
  1. 28Nov
    Impatience mounts for a formal resolve of the Russia/Ukraine peace deal. Read in Full
  2. 28Nov
    The company is looking for candidates with at least one to two years of experience in shipping and proficient English. Read in Full
  3. 28Nov
    The two companies are reportedly among the finalists in bidding for the refinery and associated gas stations in a deal potentially worth $1 billion. Read in Full
  4. 28Nov
    The firm can now supply HSFO and VLSFO by barge and MGO by truck at the ports of La Libertad, Manta, Guayaquil, and Esmeraldas. Read in Full
  5. 28Nov
    The company has signed a memorandum of understanding with Pentarch Offshore Solutions to join forces on the provision of bunkering services. Read in Full
  6. 28Nov
    The firm has added the barge MT Mars to its Las Palmas operations, as well as signing a 15-year extension of its terminal concession. Read in Full
  7. 28Nov
    The company is looking for candidates with previous experience in the shipping industry, preferably including time in vessel operations. Read in Full
  8. 27Nov
    Meanwhile, oil movement is brisk in Russia and China. Read in Full
  9. 27Nov
    From January 1, 2028, the UK will include 50% of emissions from international voyages to and from the UK by ships over 5,000 GT in size in its emissions trading scheme. Read in Full
  10. 27Nov
    A lawyer has reported Bunker Holding and Dan-Bunkering to the police on behalf of seven Syrians over a case from 2016, according to USTC CEO Nina Ostergaard. Read in Full

IBIA Convention 2025

  1. INTERVIEW: IBIA Executive Alexander Prokopakis Talks Hong Kong Convention Highlights and What Comes Next
    Nov 26
    Prokopakis gives his thoughts on 'one of our strongest conventions to date' along exclusive news on a new member benefit coming soon.
  2. IBIA CONVENTION 2025: Conventional Fuel Demand Expected Flat for Next Few Years
    Nov 25
    Conventional bunker demand remains under sustained pressure from improved fuel-efficiency measures from the shipping industry as it seeks to cut fuel bills and reduce emissions.
  3. IBIA Convention 2025 Wrap-Up: Key Discussion Points and Event Takeaways
    Nov 25
    IMO NZF, MFMs, other efforts towards decarbonization took centre stage at IBIA's annual convention in Hong Kong.
  4. IBIA CONVENTION 2025: Will There Be Enough Alternative Fuels?
    Nov 24
    With the global fleet capable of consuming 50 million mt/year of alternative fuels by 2030, questions remain over how quickly supply can be scaled.
  5. IBIA CONVENTION 2025: China's Ambitions Make Methanol Attractive for Bulkers
    Nov 24
    Bulkers have had limited uptake of methanol-fuelled ships thus far, but this has begun to change in recent months with China's backing for the fuel.
  6. IBIA CONVENTION 2025: MFMs Should be Bunker Industry's Top Priority - TFG
    Nov 24
    "What we can do as an industry is to fix the market which is not transparent, not compliant, and is not safe," TFG's Kenneth Dam tells delegates in Hong Kong.
  7. IBIA CONVENTION 2025: Fewer LNG Bunker Ports Mean Buyer Has Less Leverage
    Nov 21
    Some speakers at the IBIA Annual Convention view suppliers holding the upper hand during LNG bunkering.
  8. IBIA CONVENTION 2025: LNG, Biofuel and Carbon Capture Are Shipping's Low-Hanging Fruit
    Nov 20
    Despite the hype around ammonia and methanol, some speakers at the IBIA Annual Convention see LNG, biofuel and carbon capture as the most accessible options.
  9. IBIA CONVENTION 2025: China Seen Taking Centre Stage in Green Bunkers Production
    Nov 20
    China's expanding renewable power capacity is strengthening its position in future green bunker supply.
  10. IBIA CONVENTION 2025: South Korea to Get More Biofuel Volume for Bunkering Next Year
    Nov 20
    South Korea may see more biofuel volume available for bunkering next year, with some new players looking to enter the space.

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 335.50 2.50 690.50 5.00 716.00 5.00
Rotterdam 285.50 1.00 587.00 1.50 608.50 1.50
Houston 310.00 4.50 637.50 9.50 661.00 9.50
Fujairah 186.50 3.50 383.50 7.50 397.50 7.50

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. INSIGHT: Delay on IMO Net Zero Framework Risks Greater Industry Fragmentation
    Nov 27
    Emissionlink Managing Director Philippos Ioulianou discusses the risks in allowing emissions regulation to fragment into a region-by-region approach.
  2. IBIA CONVENTION 2025: Industry Sees Little Cause for IMO Optimism
    Nov 19
    The shipping and bunkering industries are engaged in soul-searching over what can be salvaged from global decarbonisation efforts after last month's decision to delay.

Top Stories More

  1. UK to Include International Shipping in Emissions Trading Scheme From 2028
    Nov 27
    From January 1, 2028, the UK will include 50% of emissions from international voyages to and from the UK by ships over 5,000 GT in size in its emissions trading scheme.
  2. USTC CEO Sets Out More Detail on 'Absurd' Bunker Holding War Crime Allegations
    Nov 27
    A lawyer has reported Bunker Holding and Dan-Bunkering to the police on behalf of seven Syrians over a case from 2016, according to USTC CEO Nina Ostergaard.
  3. INTERVIEW: FLEX Commodities Adds Walvis Bay Physical Supply Joint Venture
    Nov 27
    The firm's first physical supply operation is in partnership with GAC Investment CC, Managing Partner Rakesh Sharma tells Ship & Bunker.
  4. Bunker Holding Strongly Rejects New War Crimes Allegations
    Nov 27
    BH and subsidiary Dan-Bunkering reported to police; "extremely shocked" to face new allegations related to Syria war crimes case closed in 2021.
  5. Maersk Plans Return to Suez Canal in Move That May Cut Global Bunker Demand
    Nov 26
    Following a meeting with the Suez Canal Authority, the company is reportedly planning an initial return of some of its vessels to using Suez from next month.

Insights & Analysis More

  1. INTERVIEW: FLEX Commodities Adds Walvis Bay Physical Supply Joint Venture
    Nov 27
    The firm's first physical supply operation is in partnership with GAC Investment CC, Managing Partner Rakesh Sharma tells Ship & Bunker.
  2. INSIGHT: Delay on IMO Net Zero Framework Risks Greater Industry Fragmentation
    Nov 27
    Emissionlink Managing Director Philippos Ioulianou discusses the risks in allowing emissions regulation to fragment into a region-by-region approach.
  3. INTERVIEW: New Dan-Bunkering US Chief Sees Oil and Gas as Key to Growth
    Nov 25
    Dan-Bunkering USA currently sells just short of 1 million mt/year of marine fuels in the Americas, and sees oil and gas as a key part of its future growth.
  4. IBIA CONVENTION 2025: Industry Sees Little Cause for IMO Optimism
    Nov 19
    The shipping and bunkering industries are engaged in soul-searching over what can be salvaged from global decarbonisation efforts after last month's decision to delay.
  5. 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.
  6. 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.
  7. 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.
  8. 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.

Decarbonisation and Alternative Marine Fuels & Power More

  1. UK to Include International Shipping in Emissions Trading Scheme From 2028
    Nov 27
    From January 1, 2028, the UK will include 50% of emissions from international voyages to and from the UK by ships over 5,000 GT in size in its emissions trading scheme.
  2. INSIGHT: Delay on IMO Net Zero Framework Risks Greater Industry Fragmentation
    Nov 27
    Emissionlink Managing Director Philippos Ioulianou discusses the risks in allowing emissions regulation to fragment into a region-by-region approach.
  3. Nuclear-Powered Boxship Could Save $68 Million/Year With Zero GHG Emissions
    Nov 26
    A new report from Lloyd's Register and LucidCatalyst on behalf of Seaspan Corporation examines the benefits for a 15,000 TEU boxship of running with a nuclear reactor.
  4. Balearia Ferry to Install Onboard Methanol-Fuelled Power System
    Nov 25
    The containerised eNomad system from Methanol Reformer will be installed on the electric ferry Cap de Barbaria.
  5. INTERVIEW: New Dan-Bunkering US Chief Sees Oil and Gas as Key to Growth
    Nov 25
    Dan-Bunkering USA currently sells just short of 1 million mt/year of marine fuels in the Americas, and sees oil and gas as a key part of its future growth.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 427.00 0.50 680.50 0.50 351.00 2.50
Global 20 Ports Average 472.00 0.50 756.00 0.50 400.00 0.00
Global Average Bunker Price 512.50 0.00 801.00 3.00 417.00 0.50
Singapore 437.50 0.00 672.00 4.00 356.50 2.50
Rotterdam 407.00 3.50 660.50 2.50 365.50 6.00
Fujairah 431.50 1.50 714.50 1.50 324.50 5.50
Houston 431.50 1.00 676.00 3.50 357.50 8.50
Busan - login to view prices or
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Colombo - login to view prices or
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Durban - login to view prices or
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Gibraltar 441.50 2.00 - 402.00 0.00
Hong Kong 459.00 1.50 679.50 5.50 385.50 1.00
Istanbul 604.50 2.50 737.50 1.00 495.00 1.50
LA / LB 492.50 0.00 749.00 2.50 416.00 0.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 464.50 2.00 755.50 7.00 394.00 9.00
Cristobal, Panama - login to view prices or
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Piraeus 531.50 1.50 726.50 4.00 397.00 8.50
Santos 461.00 5.00 811.00 5.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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Tokyo - login to view prices or
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