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Petrobras to Withdraw Volume-Based Bunker Pricing at Santos

Petrobras to Withdraw Volume-Based Bunker Pricing at Santos

Petrobras last year introduced volume-based bunker pricing at the Port of Santos, offering discounts on stem sizes above 1,500 mt.
  1. 03Feb
    The company is looking for candidates with proven experience in the bunker industry, deep connections to local suppliers and excellent English. Read in Full
  2. 03Feb
    Westwood has launched MarineLogix, a new offshore vessel intelligence platform designed to track vessel activity and utilisation across offshore energy markets. Read in Full
  3. 03Feb
    As alternative marine fuels such as ammonia move closer to use as a marine fuel, GCMD and CIMAC have signed a two-year partnership to support industry readiness. Read in Full
  4. 03Feb
    The Switch says that as more batteries are used for propulsion and power generation, faults on the battery side can quickly impact the entire ship. Read in Full
  5. 03Feb
    Ampera says its thorium-fuelled micro-reactor technology is suitable to power vessels including cruise ships, reefers and port barges. Read in Full

Bunker Demand in Key Markets

In the third quarter of 2025 bunker bemand at key marine fuel hubs advanced 4.3% on a yearly basis, according to the latest market survey of bunker sales volumes in 17 leading global locations.

Bunker Price Forecast - Q1 2026

Quarterly and full year bunker price forcast for 2026 and 2027. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 343.50 4.00 706.50 7.50 732.50 8.00
Rotterdam 291.50 6.50 599.50 8.50 621.50 35.00
Houston 354.50 46.00 729.00 71.50 755.50 121.50
Fujairah 219.00 2.00 450.50 4.00 467.00 4.50

Compliance Costs Calculator

Planning for the future? Ship & Bunker has developed a calculator to help shipping companies and other maritime stakeholders estimate the compliance costs for EU ETS, FuelEU Maritime, and IMO 20208 / NZF regulations for their chosen energy mix for the years 2028-2035.

IMO 2050

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  3. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.

Top Stories More

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. Singapore Diesel Supplier Fuel Incorporation Announces Bunkering Expansion
    Jan 29
    The firm - at present a supplier of 10 PPM road diesel, exhaust fluid and additives - plans to expand into bunkering as well as setting up an oil brokerage platform.
  3. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  4. VPS 2025 Marine Fuel Review
    Jan 26
    Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025.
  5. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.

Insights & Analysis More

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. INSIGHT: How to Avoid Recruiting the Wrong Bunker Trader
    Jan 28
    Even well-intentioned professionals can fall foul of the rules if they do not fully understand them.
  3. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
  4. Fujairah Bunker Sales Fell 2.8% in 2025 on Lower VLSFO Demand
    Jan 19
    VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend.
  5. Panama Bunker Sales Rose 4.1% Year on Year in 2025 on Higher VLSFO Sales
    Jan 15
    Panama saw a total of 7,466 calls for bunkers in 2025, representing an 11.5% increase from the 6,696 recorded in 2024.
  6. INTERVIEW: Shipergy Uses AI to Reshape Trading Model Amid Market Downturn
    Jan 15
    Shipergy CEO Daniel Rose is refocusing the firm's commercial efforts on three hubs and deploying AI tools to reduce workload in response to weak market conditions, he tells Ship & Bunker.
  7. ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025
    Jan 13
    Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December.
  8. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  9. ANALYSIS: Average VLSFO Bunker Prices at Key Ports Fall 20% in 2025
    Jan 07
    The G20-VLSFO Index hit its lowest level since 2020, but for ships in Europe this price drop was outweighed by the increase in EU-ETS compliance costs.

Decarbonisation, Alternative Marine Fuels and Power More

  1. GCMD and CIMAC Join Forces to Support Adoption of Alternative Marine Fuels
    Feb 03
    As alternative marine fuels such as ammonia move closer to use as a marine fuel, GCMD and CIMAC have signed a two-year partnership to support industry readiness.
  2. India's E-Methanol Plant in Kandla Targets Shipping Demand
    Feb 03
    The 150 mt/day e-methanol plant aims to support Kandla port's goal of becoming a hub for methanol bunkering.
  3. Maersk's New Methanol-Fuelled Boxship to Serve East Asia-US Gulf Route
    Feb 02
    Maersk's dual-fuel methanol fleet has grown to about 20 ships now.
  4. January Marks Positive Opening to 2026 for Alternative-Fuelled Newbuilds: DNV
    Feb 02
    DNV says 20 ships capable of running on alternative fuels were ordered in January, with LNG accounting for 16 of the orders.
  5. Lloyd's Register Issues Industry-First Guidance on Onboard Hydrogen Generation
    Feb 02
    Lloyd's Register reports an increasing interest among shipowners, shipyards, and technology developers in technologies that can produce hydrogen onboard.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 455.00 12.50 690.50 14.50 385.50 14.00
Global 20 Ports Average 495.00 8.00 760.00 9.00 426.50 11.00
Global Average Bunker Price 540.00 6.50 800.50 4.00 439.00 8.50
Singapore 473.00 12.50 678.00 1.00 417.50 11.50
Rotterdam 428.00 10.00 676.50 15.00 382.50 19.00
Fujairah 457.50 12.00 740.00 13.00 393.00 10.00
Houston 462.00 14.50 666.50 30.00 349.50 15.00
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 463.00 9.50 - 412.50 12.00
Hong Kong 478.50 12.50 687.50 8.00 449.50 13.50
Istanbul 583.00 7.00 757.50 15.00 484.00 21.50
LA / LB 558.00 4.00 752.00 9.00 450.00 9.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 499.00 9.00 807.50 0.00 387.00 9.00
Cristobal, Panama - login to view prices or
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Piraeus 542.50 0.50 752.00 0.50 428.00 1.50
Santos 463.00 17.00 811.00 16.00 -
Shanghai - login to view prices or
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