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ISO 8217:2024 - Publication of New Bunker Fuel Specs With VLSFO and Biofuel Grades Is Imminent

ISO 8217:2024 - Publication of New Bunker Fuel Specs With VLSFO and Biofuel Grades Is Imminent

The ISO 8217 specifications last had a new full version published in 2017.
  1. 17May
    Meanwhile, Russia finds a new way to benefit from the sanctions. Read in Full
  2. 17May
    Bertrand Smith has taken up the role of the authority's director general. Read in Full
  3. 17May
    Panama's total sales reached 375,848 mt in April. Read in Full
  4. 17May
    The new hire had previously served as a bunker trader for 24/7 Bunkers in London. Read in Full
  5. 17May
    April's sales were 0.7% lower than the average seen over the previous 12 months. Read in Full
  6. 17May
    Bunker One Brazil has been awarded ISCC certification for second-generation biofuel supply. Read in Full
  7. 17May
    The firm delivered more than 4,300 mt of the blend to the boxship COSCO Netherlands in Hong Kong on May 13. Read in Full
  8. 17May
    Th 209,000 DWT bulker will be capable of running on both methanol and fuel oil, and is due for delivery in 2027. Read in Full
  9. 17May
    Ship & Bunker's G20-VLSFO Index rose by $1/mt to $637/mt on Thursday, having reached the lowest level since January 23 the previous day. Read in Full
  10. 17May
    The firm tried out 237 mt of a B24-VLSFO blend on its tanker the Sunny Orion for two weeks and encountered no problems with its engine. Read in Full
  11. 17May
    The company is looking for candidates with at least ten years of experience in bunker trading, as well as a robust and adaptable customer portfolio. Read in Full
  12. 17May
    The firm has signed a partnership deal with South Korean marine equipment and services provider Specs Corporation Ltd. Read in Full
  13. 17May
    The firm is looking for candidates with at least one year of experience as a bunker trader and a degree, preferably in shipping or a related field. Read in Full

Insights & Analysis More

  1. ANALYSIS: Singapore April Bunker Demand Drops to 10-Month Low
    May 14
    April's total was the lowest since June 2023, while VLSFO sales hit the lowest level since at least January 2020.
  2. VIEWPOINT: The Bunker Industry Needs to Train More Junior Staff
    May 02
    Tracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes.

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

Baltimore Bridge Collapse

  1. IBIA Chair Responds to NTSB Report on Baltimore Bridge Collapse
    May 16
    The incident shows the need to avoid speculation until clear evidence emerges, IBIA's Constantinos Capetanakis tells Ship & Bunker.

Red Sea Attacks

  1. UK Reports New Ship Attack in Gulf of Aden
    May 10
    The ship came under attack about 195 nautical miles east of Aden at 4:57 AM UTC on Friday.
  2. New Ship Attack Reported in Gulf of Aden
    May 07
    The incident happened about 82 nautical miles south of Aden at 2:05 AM UTC on Tuesday.
  3. 40% More Bunker Fuel Per Journey Because of Red Sea Diversions: Maersk
    May 06
    Maersk says it has needed to lengthen voyages even further as the range capability of Houthi attacks increases.
  4. Red Sea Diversions Send Maersk Bunker Consumption to Highest Since 2021
    May 03
    Maersk consumed a total of 2.796 million mt of bunker fuel in Q1, up by 15.9% on the year and the most since Q4 2021.
  5. Rotterdam HSFO Demand Overtakes VLSFO for First Time Since IMO 2020
    Apr 30
    The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.

Top Stories More

  1. ANALYSIS: Singapore April Bunker Demand Drops to 10-Month Low
    May 14
    April's total was the lowest since June 2023, while VLSFO sales hit the lowest level since at least January 2020.
  2. Rotterdam HSFO Demand Overtakes VLSFO for First Time Since IMO 2020
    Apr 30
    The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.
  3. World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed
    Apr 26
    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.

Decarbonisation and Alternative Marine Fuels & Power More

  1. INSIGHT: RFNBOs as a Long-Term Compliance Option
    May 17
    Sooner or later, the shipping industry will need to be using synthetic LNG, synthetic methanol or synthetic ammonia as its primary energy source.
  2. Bunker Holding Launches Carbon Insetting
    May 16
    The firm has completed its first blockchain-enabled carbon insetting operation in partnership with 123Carbon and Bureau Veritas.
  3. UK Should Be First Mover in Shift to Zero-Carbon Bunkers: Report
    May 16
    Consultancies UMAS and Arup have jointly published research on how the UK can encourage maritime decarbonisation.
  4. Container Lines Count the Cost of EU-ETS Compliance
    May 16
    The first real data are starting to emerge on the cost paid by the container industry for shipping's inclusion in the European Union's emissions trading system.
  5. BUNKER JOBS: Maersk Seeks Head of Sustainability Operations in Denmark
    May 15
    The company is looking for candidates with direct experience of working within an ISCC framework covering green fuels.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 604.00 0.00 782.00 5.50 495.00 0.00
Global 20 Ports Average 637.00 0.00 819.00 3.00 531.50 0.50
Global Average Bunker Price 688.00 2.50 879.00 1.00 565.00 1.00
Singapore 624.50 1.00 732.00 8.50 520.50 5.50
Rotterdam 571.00 3.00 758.00 16.50 470.00 5.50
Fujairah 629.00 0.50 877.50 3.00 509.00 1.00
Houston 591.50 4.00 760.00 5.50 479.50 1.50
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 612.50 4.50 - 539.50 0.00
Hong Kong 632.50 6.50 741.50 7.00 523.50 4.50
Istanbul 649.00 10.50 845.00 7.00 601.00 0.50
LA / LB 670.00 0.50 801.00 2.50 505.00 1.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 618.00 2.00 779.00 1.50 526.50 2.50
Cristobal, Panama - login to view prices or
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Piraeus 663.00 6.50 811.00 6.00 519.50 11.00
Santos 653.00 4.00 1000.00 2.00 -
Shanghai - login to view prices or
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Tokyo - login to view prices or
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