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INTERVIEW: Methanol Start-Up PuriFire Sees New Demand Emerging Despite IMO Delay
Neel Shah, co-founder of UK methanol start-up PuriFire Energy, discusses how the IMO's delay is affecting business plans for green fuel producers.
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19FebHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 12 – February 18, 2026. Read in Full
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19FebVPS says effective onboard lube oil purification is becoming increasingly critical as engines push for higher efficiency. Read in Full
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19FebThe company is a prominent player in the Turkish bunker market. Read in Full
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19FebFujairah's HSFO sales were up by 23.4% on the year in January. Read in Full
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19FebThe propulsion system will allow the vessel to operate on electric power, diesel power or a combination of both. Read in Full
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19FebUCL analysis says only the current agreed Net-Zero Framework structure provides a credible investment signal for scalable alternative marine fuels. Read in Full
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19FebThe company is looking for candidates with a minimum of two years of hands-on experience in bunker operations. Read in Full
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19FebCrew from three tugboats are accused of misappropriating MGO worth about SGD 13,670 for an unauthorised sale. Read in Full
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19FebAbout 1,000 gallons of residual fuel and oily water have been extracted from the barge that ran aground on February 9. Read in Full
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19FebWartsila sees LNG as an interim marine fuel bridging conventional and future low-carbon options. Read in Full
IMO 2050
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Feb 19Neel Shah, co-founder of UK methanol start-up PuriFire Energy, discusses how the IMO's delay is affecting business plans for green fuel producers.
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 27The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
Top Stories More
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Feb 19Neel Shah, co-founder of UK methanol start-up PuriFire Energy, discusses how the IMO's delay is affecting business plans for green fuel producers.
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Feb 16The combined company will operate a fleet of more than 400 ships with capacity over 3 million TEU.
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Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
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Feb 13Peninsula is embracing the market's increasing complexity as it makes future plans after celebrating 30 years in operation, COO Kenny MacLean tells Ship & Bunker.
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Feb 11If calmer trade conditions can prevail, growth may accelerate this year, KPI OceanConnect CEO Dorthe Bendtsen tells Ship & Bunker.
Insights & Analysis More
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Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
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Feb 16January HSFO sales jumped by 30.4% on the year, with the grade accounting for 41.6% of the total bunker sales.
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Feb 12Paul Bayliss of Fuelre4m discusses the need for collaboration to demonstrate the efficacy of decarbonisation technologies.
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Feb 06HSFO was the most sold bunker grade in Rotterdam, accounting for 36.6% of the total conventional and biofuel sales in 2025.
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Feb 05Ship & Bunker takes a closer look at the factors impacting low bunker margins.
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 28Even well-intentioned professionals can fall foul of the rules if they do not fully understand them.
Decarbonisation, Alternative Marine Fuels and Power More
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Feb 19The propulsion system will allow the vessel to operate on electric power, diesel power or a combination of both.
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Feb 19UCL analysis says only the current agreed Net-Zero Framework structure provides a credible investment signal for scalable alternative marine fuels.
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Feb 19Wartsila sees LNG as an interim marine fuel bridging conventional and future low-carbon options.
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Feb 19The deal formalises last year's letter of intent for six LNG-fuelled container vessels at Cochin Shipyard.
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Feb 19Bureau Veritas and Hudong-Zhonghua are working together on the design review of a new LNG bunkering vessel.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 473.00 | 2.50 | 688.50 | 2.00 | 411.00 | 2.00 |
| Global 20 Ports Average | 516.00 | 3.50 | 766.00 | 0.50 | 451.50 | 3.50 |
| Global Average Bunker Price | 556.00 | 1.50 | 806.50 | 3.00 | 456.00 | 2.00 |
| Singapore | 490.00 | 0.50 | 671.00 | 5.50 | 446.00 | 3.00 |
| Rotterdam | 457.50 | 1.00 | 679.50 | 2.50 | 408.50 | 4.00 |
| Fujairah | 476.50 | 1.50 | 743.50 | 2.00 | 420.50 | 1.00 |
| Houston | 468.50 | 11.00 | 660.00 | 2.50 | 370.00 | 9.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 492.50 | 8.00 | - | 443.50 | 2.50 | |
| Hong Kong | 498.00 | 0.00 | 690.50 | 0.00 | 482.00 | 0.00 |
| Istanbul | 641.50 | 5.50 | 777.50 | 2.50 | 485.00 | 4.50 |
| LA / LB | 573.00 | 41.50 | 795.00 | 42.50 | 496.00 | 34.50 |
| Las Palmas |
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| Mumbai |
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| New York | 518.00 | 9.00 | 778.00 | 6.00 | 401.00 | 8.50 |
| Cristobal, Panama |
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| Piraeus | 556.00 | 3.00 | 761.00 | 0.50 | 432.50 | 11.00 |
| Santos | 484.00 | 0.00 | 836.00 | 0.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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