Latest News

Vitol Prepares to Launch Maldives Bunkering Operation

Vitol Prepares to Launch Maldives Bunkering Operation

Discussions are ongoing among local authorities and stakeholders ahead of the launch.
  1. 24Jul
    Ship & Bunker's G20-VLSFO Index dropped by $4/mt to the lowest level since June 18 on Tuesday. Read in Full
  2. 24Jul
    The three ships will be used by Carnival Cruise Line and are due for delivery in 2029, 2031 and 2033. Read in Full
  3. 24Jul
    The company is looking for candidates with at least five years of experience in bunker trading or a related field. Read in Full
  4. 23Jul
    The authorities have held the Antigua & Barbuda-flagged Tony Stark at Ceuta until its owners pay bail of EUR 120,000. Read in Full
  5. 23Jul
    The new hire previously worked as a senior fuel oil trader for Hartree Partners in Houston. Read in Full
  6. 23Jul
    Under its green shipping corridor programme. Read in Full
  7. 23Jul
    PD Ports unveils electric cranes at Tees Dock as part of strategy to be a net zero operator by 2040. Read in Full
  8. 23Jul
    TT-Line will use newbuilds to replace ageing vessels on Bass Strait crossing. Read in Full
  9. 23Jul
    The firm installed two 16m VentoFoil vertical wings on board the bulker NBA Magritte at Rotterdam on July 8. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 366.50 3.50 754.00 9.00 781.50 9.50
Rotterdam 364.50 1.50 749.50 7.50 777.00 7.50
Houston 362.00 9.00 745.00 2.50 772.00 2.50
Fujairah 319.50 0.50 657.00 15.00 681.00 15.50

Insights & Analysis More

  1. BUNKER VOLUMES: Red Sea Diversions Help Boost Q1 Bunker Demand at Global Hubs by 6.4%
    Jul 15
    Latest market survey indicates demand at key bunkering hubs around the world is now at the highest level since the fourth quarter of 2019.
  2. ANALYSIS: Singapore June Bunker Sales Gain 7.9% on Year
    Jul 15
    If the total from the first half were to be replicated over the rest of the year, 2024's total would reach 53.97 million mt, up by 4.1% from 2023's record high.
  3. Carnival Expects to Spend $15 Million on EU-ETS Compliance This Year
    Jun 28
    The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year.

Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.

Click to Read in Full

Yemen & Red Sea Attacks

  1. Israel Targets Yemeni Port of Hodeidah for Airstrikes: Report
    Jul 20
    IDF fighter jets targeted oil refining facilities at the port on Saturday evening.
  2. UK Reports New Ship Attack in Red Sea
    Jul 20
    The ship came under attack about 64 nautical miles north-west of Al Mukha at 3 AM UTC on Saturday.
  3. Singapore-Flagged Boxship Struck by 'Unidentified Projectiles' in Gulf of Aden
    Jul 19
    The 2,082 TEU Singapore-flagged boxship Lobivia has moved to Somalia to assess the damage from the attack.
  4. UK Reports New Ship Attack in Gulf of Aden
    Jul 19
    The ship came under attack about 83 nautical miles south-east of Aden at 1:50 AM UTC on Friday.
  5. UK Reports New Ship Attack in Red Sea
    Jul 15
    The ship came under attack about 97 nautical miles north-west of Al Hudaydah at 12 PM UTC on Monday.

Top Stories More

  1. IBIA Seeks Change to CII Regulation for Bunker Vessels
    Jul 18
    IBIA proposes a correction factor for short voyages to prevent ships with frequent short-duration voyages like bunker delivery vessels from being disproportionately penalised.
  2. BUNKER VOLUMES: Red Sea Diversions Help Boost Q1 Bunker Demand at Global Hubs by 6.4%
    Jul 15
    Latest market survey indicates demand at key bunkering hubs around the world is now at the highest level since the fourth quarter of 2019.
  3. ANALYSIS: Singapore June Bunker Sales Gain 7.9% on Year
    Jul 15
    If the total from the first half were to be replicated over the rest of the year, 2024's total would reach 53.97 million mt, up by 4.1% from 2023's record high.
  4. Testing Agencies Warn of High Cat Fines in ARA Fuel Oil
    Jul 12
    Two marine fuel testing agencies have warned of high cat fine levels observed in recent fuel oil samples from the Amsterdam-Rotterdam-Antwerp hub.
  5. Dan-Bunkering Pre-Tax Profits Climb to New Record High in 2023/24
    Jul 09
    The company saw pre-tax earnings of $47 million in the year to April 30, up from $46 million the previous year and a new record for the firm.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Canada Allocates Funds to Clean Vessel Tech Projects
    Jul 23
    Under its green shipping corridor programme.
  2. UK Ports Operator Signals Net Zero Ambitions
    Jul 23
    PD Ports unveils electric cranes at Tees Dock as part of strategy to be a net zero operator by 2040.
  3. IBIA Seeks Change to CII Regulation for Bunker Vessels
    Jul 18
    IBIA proposes a correction factor for short voyages to prevent ships with frequent short-duration voyages like bunker delivery vessels from being disproportionately penalised.
  4. UK: Govt Should Make North Atlantic ECA a Policy Goal
    Jul 16
    Creating such entity would deliver significant cuts in emissions from international shipping, says ngo Opportunity Green.
  5. Cruise Operators 'Moving too Slowly' Towards Green Goals
    Jul 15
    Environment campaigner NABU welcomes improvements made by industry but says it needs to do more.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 595.00 3.00 763.00 0.00 496.50 0.00
Global 20 Ports Average 626.00 4.00 816.00 2.00 533.00 2.00
Global Average Bunker Price 676.00 3.00 883.50 4.00 568.50 1.50
Singapore 612.50 3.50 726.00 6.50 508.50 1.50
Rotterdam 566.00 1.50 724.50 2.50 497.00 2.50
Fujairah 614.50 0.50 840.00 1.00 502.50 0.50
Houston 585.00 9.00 754.50 2.00 477.50 3.50
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 596.50 4.00 - 540.50 5.00
Hong Kong 617.00 0.50 726.00 5.00 517.50 4.00
Istanbul 642.00 2.50 797.50 11.00 589.00 4.00
LA / LB 631.00 8.50 847.50 41.00 504.50 29.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 615.00 8.00 788.50 3.00 547.00 5.50
Cristobal, Panama - login to view prices or
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Piraeus 650.00 7.00 796.50 4.50 542.50 5.50
Santos 643.00 15.00 877.00 18.00 -
Shanghai - login to view prices or
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St Petersburg 564.00 1.50 713.50 7.00 492.00 7.00
Tokyo - login to view prices or
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