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Record-High LNG Prices Sound Warning for Gas-Powered Shipping Advocates

Record-High LNG Prices Sound Warning for Gas-Powered Shipping Advocates

A regular winter spike in bunker prices may be something owners of gas-powered tonnage have to plan for in future.
  1. 15Jan
    Meanwhile, Iraq predicts $60 oil in Q2 2021. Read in Full
  2. 15Jan
    The COVID-19 pandemic and the downfall of Singapore oil trading firm Hin Leong may have partly been behind the decline. Read in Full
  3. 15Jan
    The new platform, Bunker Intel, will be made available to all the firm's key accounts, and a 30-day free trial will be available to new customers. Read in Full
  4. 15Jan
    The company will now only offer 0.5% sulfur MGO at the ports of Suao and Hualien. Read in Full
  5. 15Jan
    A Forbes article earlier this month suggested off-specification bunker fuel may have caused the vessel to change course to head to Mauritius. Read in Full
  6. 14Jan
    But analysts insist that short-term pain is still likely. Read in Full
  7. 14Jan
    Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 7 – January 13 2021. Read in Full
  8. 14Jan
    Trading firm to sell bonded bunker fuel from the port. Read in Full
  9. 14Jan
    Crude and fuel oil trading desk moves back to Tokyo. Read in Full
  10. 14Jan
    Further losses expected next year. Read in Full

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 435.50 3.50 492.50 1.00 338.50 2.00
Global 20 Ports Average 455.50 2.00 503.50 3.00 360.00 2.00
Global Average Bunker Price 457.50 0.00 537.50 0.00 385.50 1.50
Singapore 451.50 1.00 467.50 14.50 349.00 3.00
Rotterdam 418.00 0.50 464.50 5.50 333.50 4.50
Fujairah 450.00 2.00 530.00 1.00 341.00 2.50
Houston 418.50 2.00 480.50 8.00 323.00 2.50
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 437.00 0.50 - 362.50 2.50
Hong Kong 438.00 2.50 450.00 0.50 353.00 0.00
Istanbul 459.50 4.50 505.00 5.50 389.50 5.00
LA / LB 454.50 2.00 510.00 0.50 388.00 7.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 438.00 1.00 490.50 9.00 349.50 3.50
Cristobal, Panama - login to view prices or
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Piraeus 461.00 3.00 483.50 8.00 359.50 3.50
Santos 444.50 2.50 521.50 2.50 -
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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