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Capesizes Earning More With a Scrubber: BIMCO
Despite VLSFO premium over HSFO falling under $50/mt this year.
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04DecThe company currently has six LNG delivery vessels in its fleet. Read in Full
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04DecThe refinery is one of the main suppliers of bunker fuel in the South African market. Read in Full
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04DecThe company is also at an advanced stage of discussion to acquire an LNG bunker barge. Read in Full
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04DecThe scrubber installations appear to have fallen mostly on the larger ships delivered this year. Read in Full
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04DecVitol is alleged to have bribed officials from Petrobras for confidential fuel oil pricing information that helped it win fuel oil contracts with the firm. Read in Full
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04DecDue to ongoing restrictions related to the Covid-19 pandemic. Read in Full
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03DecMeanwhile, Chevron announces capital and exploration cuts. Read in Full
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03DecThose who move to decarbonise their fleets the earliest may be able to set the terms for how the zero-carbon energy era works for shipping. Read in Full
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03DecHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 26 – December 1, 2020. Read in Full
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03DecBy the end of this year just 24 tankers are likely to have been demolished. Read in Full
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 371.00 | 3.00 | 427.50 | 4.00 | 302.50 | 4.00 |
| Global 20 Ports Average | 390.00 | 4.00 | 443.00 | 3.50 | 318.50 | 2.50 |
| Global Average Bunker Price | 396.00 | 3.00 | 479.00 | 1.50 | 340.00 | 5.00 |
| Singapore | 383.50 | 7.00 | 412.00 | 5.50 | 317.50 | 6.00 |
| Rotterdam | 357.50 | 0.00 | 405.00 | 0.50 | 290.50 | 2.00 |
| Fujairah | 383.50 | 3.00 | 468.50 | 5.00 | 311.00 | 5.50 |
| Houston | 360.50 | 3.50 | 424.50 | 4.50 | 291.50 | 2.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 380.50 | 2.50 | - | 326.50 | 5.50 | |
| Hong Kong | 382.50 | 3.00 | 392.00 | 1.50 | 322.00 | 2.00 |
| Istanbul | 399.00 | 4.00 | 443.50 | 0.00 | 346.50 | 4.00 |
| LA / LB | 390.00 | 7.50 | 478.50 | 10.00 | 336.00 | 15.50 |
| Las Palmas |
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| Mumbai |
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| New York | 381.00 | 8.50 | 425.50 | 3.00 | 308.00 | 3.50 |
| Cristobal, Panama |
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| Piraeus | 398.00 | 4.00 | 435.50 | 7.00 | 313.50 | 5.00 |
| Santos | 379.00 | 10.00 | 492.00 | 5.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
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Dec 03Moves seen as adding extra strength to firm's Monaco office. -
Dec 03Supply of credit to the bunker industry has shrunk by 8-10% in 2020, according to the supplier's estimates. -
Dec 04Vitol is alleged to have bribed officials from Petrobras for confidential fuel oil pricing information that helped it win fuel oil contracts with the firm.
IBIA Annual Convention
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Nov 18The Poseidon Principles are helping to bring forward questions about the decarbonisation agenda into current discussions with potential lenders. -
Nov 12The need to avoid any PSC from a future port of call finding fuel non-compliant may be prompting debunkerings even for minor sulfur excesses. -
Nov 10The EMEA Credit Management panel will try and untangle what has been a very tangled up year so far and point to some ways through. -
Nov 10The conference will now be held online on March 22-24. -
Nov 03Sessions scheduled for November 4 and 5 have been moved to November 11 and 12. -
Nov 03The secretary general praised the bunker and refining industries for their role in making the transition successful.