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INSIGHT: Can a Green/Conventional Methanol Blend Be a Sound Transitional Fuel?

INSIGHT: Can a Green/Conventional Methanol Blend Be a Sound Transitional Fuel?

Eddy Van Bouwel of EvBo Consult discusses whether blends of conventional and green methanol make sense as a means of maritime decarbonisation.
  1. 25Jun
    Ship & Bunker's G20-VLSFO Index lost $1/mt to $627.50/mt on Monday, having reaching the highest level since May 29 in the previous session. Read in Full
  2. 25Jun
    Kristian Haun has joined the company as a bunker supplier in Denmark as of this month. Read in Full
  3. 24Jun
    Meanwhile, Canada changes import dynamics in U.S. western states. Read in Full
  4. 24Jun
    Federal agency dishes out grants to range of emissions-reducing projects. Read in Full
  5. 24Jun
    Vessel to be deployed in Klaipeda and built by local company. Read in Full
  6. 24Jun
    World Economic Forum study identifies range of factors to make South African ports a green shipping and bunkering hub. Read in Full
  7. 24Jun
    The new hire had previously worked as a bunker trader for KPI OceanConnect from June 2023 to last month. Read in Full
  8. 24Jun
    Last year's drop takes the company's total reduction in carbon intensity to 37.8% since 2008. Read in Full
  9. 24Jun
    The new senior trader has worked for Monjasa since May 2020. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 378.00 0.50 778.00 4.00 806.00 4.50
Rotterdam 361.00 1.50 743.50 11.00 770.50 11.50
Houston 362.00 6.50 744.50 4.00 772.00 4.50
Fujairah 317.00 2.50 653.50 18.00 677.00 19.00

Insights & Analysis More

  1. INSIGHT: Can a Green/Conventional Methanol Blend Be a Sound Transitional Fuel?
    Jun 24
    Eddy Van Bouwel of EvBo Consult discusses whether blends of conventional and green methanol make sense as a means of maritime decarbonisation.
  2. Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications
    Jun 24
    While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.
  3. VIEWPOINT: Unforeseen Consequences: Preparing the Industry for Ongoing Disruption
    Jun 18
    Shipping routes are continuously impacted by geopolitical conflict, growing climate change concerns, weather emergencies, market demands, large-scale disruptions, and more.
  4. ANALYSIS: Singapore May Bunker Sales Jump to Four-Month High
    Jun 14
    May's total was the highest since January.
  5. Single-Supplier Ports Likely to Be Next Locations for MFMs: 2050 Marine Energy
    Jun 14
    The industry may have reached a tipping-point on MFMs where more and more suppliers and regulators drive uptake of the systems, 2050 Marine Energy's Adrian Tolson tells Ship & Bunker.
  6. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand
    Jun 13
    The current orderbook represents 33.8 million mt of bunker demand. 15.6 million mt (46%) of that demand is alternative bunker fuels.

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. UK Reports New Ship Attack in Arabian Sea
    Jun 24
    The ship came under attack about 246 nautical miles south-east of Nishtun in Yemen at 4:44 AM UTC on Monday.
  2. Vessel Abandoned in Arabian Sea After Flooding
    Jun 24
    The ship issued a distress call while about 96 nautical miles south-east of Nishtun in Yemen at 8:41 AM UTC on Sunday.
  3. Vessel Damaged After Drone Attack in Red Sea
    Jun 24
    The ship came under attack about 65 nautical miles west of Al Hudaydah at 3 AM UTC on Sunday.
  4. Shipping Industry Bodies Unite to Condemn Red Sea Attacks
    Jun 19
    ASA, BIMCO, CLIA, ECSA, InterManager, INTERCARGO, IAPH, ICS, IFSMA, IMEC, IMPA, IPTA, FONASBA and WSC collectively issued a statement on Wednesday calling for an end to the attacks.
  5. Liberian-Flagged Bulker Presumed Sunk After Red Sea Attacks
    Jun 19
    Maritime debris and oil have been sighted in the last reported location of the 82,400 DWT dry bulk carrier Tutor.

Top Stories More

  1. Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications
    Jun 24
    While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.
  2. Beaches Close in Singapore as 400 MT VLSFO Spill Reaches Shore
    Jun 17
    About 400 mt of VLSFO was spilled in Friday's accident, according to MPA CEO Eng Dih Teo.
  3. ANALYSIS: Singapore May Bunker Sales Jump to Four-Month High
    Jun 14
    May's total was the highest since January.
  4. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand
    Jun 13
    The current orderbook represents 33.8 million mt of bunker demand. 15.6 million mt (46%) of that demand is alternative bunker fuels.
  5. ISO 8217:2024 - Latest Bunker Fuel Specification Has Been Published
    May 30
    ISO 8217:2024 contains a number of important changes, not least of which being to explicitly cover 0.50%S VLSFO fuels.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Germany: Green Marine Projects Secure State Backing
    Jun 24
    Federal agency dishes out grants to range of emissions-reducing projects.
  2. Baltic Port Moves Ahead With Hydrogen-Electric Ship Order
    Jun 24
    Vessel to be deployed in Klaipeda and built by local company.
  3. Green Bunker Fuels and South African Ports a Good fit, Says Report
    Jun 24
    World Economic Forum study identifies range of factors to make South African ports a green shipping and bunkering hub.
  4. MSC Cruises Carbon Intensity Cut by 6.5% in 2023
    Jun 24
    Last year's drop takes the company's total reduction in carbon intensity to 37.8% since 2008.
  5. MSC Signs Shore Power Deal in Hamburg
    Jun 21
    The firm has signed a deal with the Hamburg Port Authority for its cargo ships to use shore power at the Hamburg Container Terminal.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 597.50 2.50 784.50 2.50 506.00 1.50
Global 20 Ports Average 627.50 1.00 844.00 26.50 540.50 3.00
Global Average Bunker Price 665.50 6.50 898.50 22.00 575.50 0.50
Singapore 616.00 0.50 750.50 0.50 528.50 1.00
Rotterdam 562.50 1.50 763.00 8.00 497.50 1.50
Fujairah 614.00 2.50 851.50 9.00 518.00 5.50
Houston 598.00 6.50 773.50 7.50 479.50 3.00
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 608.00 1.00 - 543.50 0.50
Hong Kong 626.00 0.50 748.00 0.50 544.00 2.00
Istanbul 644.50 8.00 848.00 23.00 587.00 3.00
LA / LB 638.00 0.50 836.00 2.50 501.50 4.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 606.00 12.50 784.50 3.50 527.50 1.50
Cristobal, Panama - login to view prices or
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Piraeus 653.50 3.00 814.50 8.00 516.50 11.00
Santos 650.50 4.00 897.50 4.00 -
Shanghai - login to view prices or
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St Petersburg 560.50 0.50 725.00 15.00 510.00 280.00
Tokyo - login to view prices or
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