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MARKET SURVEY: Q4 Gain Sends 2024 Bunker Hub Demand 4% Higher
2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
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19FebShip & Bunker's G20-VLSFO Index lost $0.50/mt to $594.50/mt on Tuesday, reaching its lowest level since February 13. Read in Full
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19FebSkuld says cashew nutshell liquid biofuels can cause serious problems to the vessel's engine components. Read in Full
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19FebThe company reports a surge in interest from shipowners and operators of handymax bulkers, chemical tankers and general cargo vessels seeking wind-assisted propulsion solutions. Read in Full
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18FebMeanwhile, Saudi crude exports drop in September in line with OPEC cuts. Read in Full
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18FebSteve Bee of VPS Group discusses the developments in marine fuel quality in 2024. Read in Full
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18FebThe company has taken a new barge to cater to increasing bunker demand in the region. Read in Full
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18FebDamaged facility is being bypassed. Read in Full
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18FebThe firm said finding suppliers willing to deliver 40-100 mt stems of biofuel blends remains difficult. Read in Full
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18FebThe two-stroke ammonia engine currently being tested by Mitsui will eventually be installed on a 200,000-dwt bulk carrier. Read in Full
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18FebThe firm's vehicle carrier bunkered about 400 mt of B24-VLSFO at the Port of Yokohama. Read in Full
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18FebCore Power says floating nuclear plants can be mass-produced and towed to customer locations without the need for complex site preparations. Read in Full

Top Stories More
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Feb 192024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
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Feb 17Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
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Feb 14The firm's executive management team is set to be presented with a potential acquisition case next week, CEO Keld Demant tells Ship & Bunker.
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Feb 14As the industry looks to future fuels and MFMs, IBIA's task is to follow that development and adapt its training, IBIA's Claudia Beumer tells Ship & Bunker.
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Feb 12Marine fuel deliveries by barge at Ceuta will need to use MFMs from this month onwards.
Insights & Analysis More
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Feb 192024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
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Feb 17Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
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Feb 07SEA-LNG still sees the current state of play as an early stage in LNG's development, Chairman Peter Keller tells Ship & Bunker.
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Feb 03Bunker Holding, Xeneta among those sharing their view with Ship & Bunker.
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Jan 30Stanley George, VPS Group technical and science manager, discusses some of the technical challenges posed by the current marine fuel mix.
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Jan 29Burando is preparing for increased HSFO sales at the Northwest European hub, General Manager Felix Vertommen tells Ship & Bunker.
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Jan 28Eliseo Curcio, director of clean technologies at Blend Tiger, discusses the relative advantages of the range of alternative fuels being offered to the shipping industry.
Yemen & Red Sea Attacks
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Feb 11The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.
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Jan 30Offshore bunkering is available again at the Algoa Bay anchorage, a local shipping agent tells Ship & Bunker.
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Jan 29Initial indications suggest the fire was caused by onboard hazardous cargo rather than an external attack.
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Jan 27French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.
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Jan 24Maersk will continue with diversions around Africa until 'safe passage through the area is ensured for the longer term', it tells customers.
Decarbonisation and Alternative Marine Fuels & Power More
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Feb 17Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
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Feb 17The Clean Shipping Coalition says GHG fuel standard and carbon levy should align with the revised CII.
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Feb 17The International Chamber of Shipping (ICS) argues that a carbon levy provides the best means of shipping decarbonisation.
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Feb 14While nuclear energy has been used in naval vessels, its adoption in commercial shipping has been hindered by regulatory and safety concerns.
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Feb 14As the industry looks to future fuels and MFMs, IBIA's task is to follow that development and adapt its training, IBIA's Claudia Beumer tells Ship & Bunker.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 558.50 | 1.50 | 717.50 | 4.00 | 477.50 | 1.00 |
Global 20 Ports Average | 594.50 | 0.50 | 788.50 | 3.00 | 514.00 | 1.00 |
Global Average Bunker Price | 640.00 | 0.00 | 832.00 | 0.50 | 525.50 | 3.00 |
Singapore | 570.50 | 2.00 | 691.50 | 2.00 | 499.00 | 2.50 |
Rotterdam | 538.00 | 0.50 | 681.00 | 6.00 | 467.50 | 6.00 |
Fujairah | 567.00 | 0.50 | 769.00 | 5.50 | 487.50 | 3.00 |
Houston | 558.00 | 9.00 | 729.00 | 3.50 | 457.00 | 1.50 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 568.50 | 0.00 | - | 515.50 | 1.50 | |
Hong Kong | 580.50 | 3.50 | 703.00 | 0.50 | 513.50 | 8.00 |
Istanbul | 611.50 | 2.50 | 774.50 | 10.50 | 555.50 | 4.00 |
LA / LB | 647.00 | 1.50 | 790.50 | 3.00 | 563.50 | 1.00 |
Las Palmas |
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Mumbai |
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New York | 558.00 | 1.50 | 776.50 | 3.00 | 512.00 | 2.50 |
Cristobal, Panama |
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Piraeus | 624.50 | 0.50 | 762.00 | 1.00 | 498.00 | 2.00 |
Santos | 564.00 | 0.00 | 785.50 | 0.00 | - | |
Shanghai |
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St Petersburg | 560.00 | 0.00 | 718.00 | 0.00 | 406.00 | 0.00 |
Tokyo |
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