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INTERVIEW: 'When It's Quite Windy Out There, Bunker Holding Excels'
Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history.
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30JunHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 23 – June 29, 2022. Read in Full
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30JunDaniel Rose, former CEO of brokerage LQM, will serve as the company's CEO. Read in Full
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30JunThe firm will supply its power system platform to the tugboat Taiga, being developed as a collaboration between Tokyo Kisen and E5 Lab. Read in Full
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30JunMOL transported an ISO tank container of ammonia from Abu Dhabi to Japan. Read in Full
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30JunThe company reported earnings before tax of $103 million in the year to April 30, up from $70.3 million a year earlier. Read in Full
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30JunQuah Ley Hoon, CEO of the MPA, was conferred Knight of the Legion of Honour earlier this week for her role in transforming Singapore and building maritime ties between France and Singapore. Read in Full
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30JunIn an exchange filing on Wednesday the firm set out more details on its financial troubles. Read in Full
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29JunBut plenty of bullish signs cloud trading outlook. Read in Full
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29JunThe 110 m ro-ro vessel Minsheng was delivered to Minsheng Steamship Co. in China on June 21. Read in Full
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29JunYara Marine Technologies is set to install four BAR Tech WindWings on board Berge Bulk's 210 DWT bulker the Berge Olympus. Read in Full
Bunker Price Outlook & Analysis
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Jun 16Bunker prices at record highs having risen 679% over the last 7½ years. This year's price jump is bigger than during any previous event over the last decade.
Top Stories More
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Jun 30Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history. -
Jun 28KPI OceanConnect CEO Søren Høll discusses the firm's profits, its attitude to credit allocation and its plans for alternative fuels in an interview with Ship & Bunker. -
Jun 27The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year. -
Jun 21Earnings before tax nearly doubled to DKK 1.22 billion ($172.7 million) in the year to April 30 from DKK 621 million the previous year. -
Jun 13Steve Bee of testing firm VPS sets out the correlation between rising fuel costs and an increase in quality problems.
Russia / Ukraine
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Jun 30Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history.
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Jun 28KPI OceanConnect CEO Søren Høll discusses the firm's profits, its attitude to credit allocation and its plans for alternative fuels in an interview with Ship & Bunker.
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Jun 27The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year.
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Jun 24The level of fuel oil inflows to Rotterdam from Russia in the first five months of 2022 was roughly stable compared with the same period of 2021. -
Jun 24At current crack spreads, a $90-130/bl Brent price band would equate to a global average VLSFO price band of about $916-1217/mt.
Insights & Analysis More
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Jun 30Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history.
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Jun 28KPI OceanConnect CEO Søren Høll discusses the firm's profits, its attitude to credit allocation and its plans for alternative fuels in an interview with Ship & Bunker.
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Jun 13Steve Bee of testing firm VPS sets out the correlation between rising fuel costs and an increase in quality problems.
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Jun 10Employers should consider the wider impact on the bunker industry of enforcing increasingly strict contractual clauses, Vernon Jayanathan tells Ship & Bunker. -
Jun 07Sing Fuels CEO Vikash Dhanuka discusses his firm's growth plans after its latest acquisition in an interview with Ship & Bunker. -
May 31Asia-Pacific bunker market sources tell Ship & Bunker there is significant uncertainty over how long the current shortages will last. -
May 27Jeroen de Vos, head of quality at Peninsula, discusses the difference between low viscosity and lubricity in marine fuels. -
May 27Singapore's bunker supplies are tightening just as demand looks set to improve following the re-opening of Shanghai. -
May 19The Russian invasion of Ukraine is having some surprising impacts on inter-product and inter-port price spreads as well as demand. -
May 19Bunker blending specialists Eliseo Curcio & Michele Miceli discuss biofuel-VLSFO blend properties.
Decarbonisation and Alternative Marine Fuels & Power More
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Jun 30Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history.
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Jun 30The firm will supply its power system platform to the tugboat Taiga, being developed as a collaboration between Tokyo Kisen and E5 Lab. -
Jun 30MOL transported an ISO tank container of ammonia from Abu Dhabi to Japan. -
Jun 29Yara Marine Technologies is set to install four BAR Tech WindWings on board Berge Bulk's 210 DWT bulker the Berge Olympus. -
Jun 29Carbon capture firm Carbotreat and Netherlands-based VDL AEC Maritime have launched a strategic partnership for the supply and development of ship-based carbon capture systems.
Singapore Bunker Contamination More Articles
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Jun 13Steve Bee of testing firm VPS sets out the correlation between rising fuel costs and an increase in quality problems.
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May 20Panama's HSFO sales reached the highest level since before the IMO 2020 transition last month.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 1018.50 | 7.00 | 1353.00 | 35.00 | 631.50 | 1.00 |
| Global 20 Ports Average | 1085.50 | 4.00 | 1399.50 | 32.00 | 700.00 | 2.50 |
| Global Average Bunker Price | 1125.50 | 14.00 | 1409.00 | 17.50 | 732.50 | 4.00 |
| Singapore | 1117.50 | 13.00 | 1298.00 | 75.00 | 610.00 | 2.50 |
| Rotterdam | 913.50 | 19.00 | 1288.00 | 26.00 | 588.50 | 2.50 |
| Fujairah | 1144.50 | 5.50 | 1504.00 | 4.50 | 641.50 | 3.00 |
| Houston | 899.00 | 1.50 | 1323.00 | 34.00 | 687.00 | 2.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 974.50 | 3.50 | - | 709.00 | 15.00 | |
| Hong Kong | 1149.50 | 15.00 | 1295.50 | 24.00 | 647.50 | 12.50 |
| Istanbul | 1086.00 | 31.50 | 1420.50 | 28.00 | 792.50 | 32.00 |
| LA / LB | 1167.50 | 12.50 | 1327.50 | 59.00 | 754.00 | 26.50 |
| Las Palmas |
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| Mumbai |
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| New York | 952.00 | 8.50 | 1440.50 | 59.00 | 730.00 | 6.50 |
| Cristobal, Panama |
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| Piraeus | 1307.00 | 14.00 | 1407.00 | 1.00 | 634.00 | 12.00 |
| Santos | 1070.00 | 22.00 | 1294.50 | 1.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 1085.50 | 4.00 | 1399.50 | 32.00 |
| Global 4 Ports Average | 1018.50 | 7.00 | 1353.00 | 35.00 |
| Global Average Bunker Price | 1125.50 | 14.00 | 1409.00 | 17.50 |
| Singapore | 1117.50 | 13.00 | 1298.00 | 75.00 |
| Fujairah | 1144.50 | 5.50 | 1504.00 | 4.50 |
| Rotterdam | 913.50 | 19.00 | 1288.00 | 26.00 |
| Houston | 899.00 | 1.50 | 1323.00 | 34.00 |
Bunker Jobs
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Jun 29The company tells Ship & Bunker its new office will focus on expansion in the Middle East and Sub-Continent markets. -
Jun 27The company is looking for candidates with an educational background in engineering and a mastery of carbon footprint and life-cycle analysis. -
Jun 20The company is looking for candidates with at least one year of experience in sales, oil and gas or shipping. -
Jun 17The company is looking for candidates with experience in customer success and a relevant degree. -
Jun 16The company is looking for candidates with experience in an analytical role in a relevant industry. -
Jun 14The company is looking for candidates with at least 15 years of experience in the energy and renewables markets. -
Jun 13The company is looking for candidates with at least two years of experience in a similar role and a relevant degree. -
Jun 09The company is looking for candidates with fluent English and a relevant degree. -
Jun 08The company is looking for candidates with at least three years of experience as a bunker trader, as well as the right to live and work in Greece. -
May 31The company is looking for candidates with at least two years of experience in a similar role.
Popular Now More
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Jun 29The company tells Ship & Bunker its new office will focus on expansion in the Middle East and Sub-Continent markets.
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Jun 30Daniel Rose, former CEO of brokerage LQM, will serve as the company's CEO. -
Jun 30In an exchange filing on Wednesday the firm set out more details on its financial troubles. -
Jun 30The company reported earnings before tax of $103 million in the year to April 30, up from $70.3 million a year earlier. -
Jun 27The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year.
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Jun 27FOBAS reports on a potential bunker contamination in the ARA region. -
Jun 28KPI OceanConnect CEO Søren Høll discusses the firm's profits, its attitude to credit allocation and its plans for alternative fuels in an interview with Ship & Bunker.