Latest News
World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed
The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
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26AprBut analysts remain largely unimpressed by the commodity's performance. Read in Full
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26AprThe ship first came under attack 14 nautical miles south-west of Al Mukha at about 3 PM UTC on Friday. Read in Full
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26AprThe Pulse fund will be put towards accelerating the maritime energy transition in France. Read in Full
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26AprThe firm has submitted a document to the UN body's Maritime Safety Committee setting out its position on the Code of Safety for Nuclear Merchant Ships, adopted in 1981. Read in Full
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26AprSOHAR Port and Freezone has formalised an agreement with Metcore International for the implementation of and training support for mass flow meters at the Omani port. Read in Full
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26AprShip & Bunker's G20-VLSFO Index fell by $2/mt to $662/mt on Thursday, erasing the previous day's $1.50/mt gain. Read in Full
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26AprThe parliament has passed a law requiring the European Commission and EU member states to provide production capacity for at least 40% of the green fuels required by European shipping. Read in Full
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26AprThe company is looking for candidates with at least one to two years of experience in oil and commodity trading, as well as fluent Mandarin. Read in Full
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26AprBunker One said at the time the operation was launched that it would boost its operations in Brazil by 30%. Read in Full
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26AprThe company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role. Read in Full
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25AprShips and ports included in $1.5 Billion package to support transition to zero-emissions. Read in Full
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25AprThe box ships are set for delivery later this year. Read in Full
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25AprGovernment investigating after test results altered 'to make the fuel consumption data look better'. Read in Full
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25AprHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 18 – April 24, 2024. Read in Full
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25AprThe firm has ordered the 20,000 m3 ships from Nantong CIMC Sinopacific Offshore & Engineering Co. Read in Full
Insights & Analysis More
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Apr 18Glander International Bunkering's Alvaro Sierra discusses the company's role in the marine energy transition and other industry developments. -
Apr 15If the Q1 total were to be replicated over the rest of 2024, this year's total for Singapore would reach 55.14 million mt, up by 6.6% from 2023's record high. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker. -
Apr 11Elboil's Can Ertem, writing in a personal capacity, argues the bunker industry is taking on too many junior traders. -
Apr 02New IBIA chairman Constantinos Capetanakis discusses improving relationships between bunker buyers and sellers, as well as plans for his two-year term, in an interview with Ship & Bunker.
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.
Baltimore Bridge Collapse
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Apr 15The investigation is examining whether the crew left Baltimore with the knowledge that something could be wrong with the ship. -
Apr 11Video footage of the incident showed lights on the ship going out just beforehand, and the US National Transportation Safety Board is now looking at the possibility of electrical failure. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker. -
Apr 05Engineers from the US Army Corps of Engineers are working with local, state and federal partners to clear the wreckage of the Francis Scott Key Bridge. -
Apr 05The NTSB's full report is likely to take more than a year to prepare, but early findings may be released next week.
Red Sea Attacks
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Apr 26The ship first came under attack 14 nautical miles south-west of Al Mukha at about 3 PM UTC on Friday. -
Apr 25The incident happened 15 nautical miles south-west of Aden at about 7:15 AM UTC on Thursday. -
Apr 24The incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday. -
Apr 19US defense officials have accused the Iranian-flagged vessel of gathering intelligence on commercial ships passing through the Red Sea and Gulf of Aden to pass on to Yemen's Houthi movement. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
Top Stories More
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Apr 26The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 11The ban will take effect from July 1, 2025 at a distance of up to 12 nautical miles from the Danish coast. -
Apr 09The firm saw strong volumes gains in the Americas and Asia last year, offset by declines in Northwest Europe and the Mediterranean. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 26The Pulse fund will be put towards accelerating the maritime energy transition in France. -
Apr 26The parliament has passed a law requiring the European Commission and EU member states to provide production capacity for at least 40% of the green fuels required by European shipping. -
Apr 25The box ships are set for delivery later this year. -
Apr 25As part of ferry operator DFDS's plans for six alt fuel vessels. -
Apr 245New Maersk and Green Marine Partnership Aims to be Leading Provider of Training for Alt-Bunker FuelsThe pair has partnered to establish Maersk Training powered by Green Marine.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 632.00 | 1.00 | 808.00 | 4.00 | 511.50 | 8.50 |
| Global 20 Ports Average | 664.00 | 2.00 | 855.00 | 0.00 | 548.00 | 1.00 |
| Global Average Bunker Price | 716.50 | 1.00 | 901.00 | 12.50 | 572.50 | 0.00 |
| Singapore | 649.00 | 0.50 | 775.00 | 3.50 | 533.00 | 10.50 |
| Rotterdam | 603.50 | 1.50 | 759.50 | 11.50 | 494.50 | 4.00 |
| Fujairah | 649.00 | 0.50 | 904.50 | 6.50 | 515.50 | 10.50 |
| Houston | 626.50 | 2.50 | 794.00 | 2.00 | 503.00 | 9.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 642.00 | 3.50 | - | 557.00 | 5.50 | |
| Hong Kong | 647.50 | 3.50 | 790.00 | 0.00 | 529.00 | 1.50 |
| Istanbul | 683.50 | 1.50 | 876.50 | 8.00 | 609.50 | 5.00 |
| LA / LB | 699.00 | 2.50 | 870.00 | 7.50 | 518.50 | 5.50 |
| Las Palmas |
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| Mumbai |
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| New York | 649.00 | 5.50 | 812.00 | 1.00 | 533.00 | 1.00 |
| Cristobal, Panama |
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| Piraeus | 701.50 | 10.00 | 841.50 | 11.50 | 534.00 | 3.00 |
| Santos | 675.00 | 10.00 | 1078.50 | 6.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 664.00 | 2.00 | 855.00 | 0.00 |
| Global 4 Ports Average | 632.00 | 1.00 | 808.00 | 4.00 |
| Global Average Bunker Price | 716.50 | 1.00 | 901.00 | 12.50 |
| Singapore | 649.00 | 0.50 | 775.00 | 3.50 |
| Fujairah | 649.00 | 0.50 | 904.50 | 6.50 |
| Rotterdam | 603.50 | 1.50 | 759.50 | 11.50 |
| Houston | 626.50 | 2.50 | 794.00 | 2.00 |
Bunker Jobs
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Apr 26The company is looking for candidates with at least one to two years of experience in oil and commodity trading, as well as fluent Mandarin. -
Apr 26The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role. -
Apr 25The company is looking for candidates with a commercial mindset and strong people skills. -
Apr 24The company is looking for candidates with a good understanding of legal, regulatory and risk management concepts. -
Apr 24The company is looking for candidates with fluent English and a proficiency with technology.
Popular Now More
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Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25Government investigating after test results altered 'to make the fuel consumption data look better'. -
Apr 26The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role.
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Apr 25The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. -
Apr 26The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
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Apr 24The arrests were both on Monday. -
Apr 23The ship had come to Singapore from St Petersburg.