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INTERVIEW: Monjasa Seeks Greater Bunker Transparency in Digitalisation Push
Monjasa is reaching out to other parties in a project aimed at making the bunker industry more data-driven and transparent.
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24JanCoronavirus Causes More Losses For Crude, While Libyan Shutdowns Described As "A Bullet In The Head"Still, one analyst thinks traders have overreacted to the virus. Read in Full
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24Jan2018's top supplier, Ocean Bunkering Services Pte Ltd, dropped to third place last year. Read in Full
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24JanIt would take at least three months to add refinery infrastructure and adjust production plans, according to an official at a Sinopec plant. Read in Full
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24JanThe consultancy cited the SARS epidemic in 2003 in analysing the potential impact on the tanker market if the virus spreads further. Read in Full
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24JanAs the fuels are changing, so too are customer strategies to deal with these new scenarios. Read in Full
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23JanHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 16 – January 22, 2020. Read in Full
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23JanIbia's Unni Einemo heard reports from Danish shipping and bunkering companies during a visit to Copenhagen earlier this month. Read in Full
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23JanThe rate increased will be communicated by the end of January and will come into effect on 1 March. Read in Full
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23JanThe ship will be able to run on green ammonia for 3,000 hours per year after the system is installed. Read in Full
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23JanThe company now warns suppliers seven to ten days in advance when it needs HSFO. Read in Full
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 579.50 | 3.50 | 614.50 | 5.00 | 334.00 | 2.00 |
| Global 20 Ports Average | 631.00 | 2.50 | 659.50 | 5.00 | 367.50 | 1.50 |
| Global Average Bunker Price | 644.50 | 5.00 | 693.50 | 6.00 | 405.00 | 0.00 |
| Singapore | 627.50 | 0.50 | 642.00 | 6.00 | 369.00 | 1.00 |
| Rotterdam | 510.50 | 6.00 | 527.00 | 0.50 | 310.00 | 7.00 |
| Fujairah | 626.00 | 7.00 | 713.50 | 2.50 | 310.50 | 0.00 |
| Houston | 554.00 | 1.50 | 575.00 | 12.50 | 346.50 | 0.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 570.00 | 4.00 | - | 363.00 | 0.50 | |
| Hong Kong | 637.50 | 4.00 | 634.00 | 1.00 | 401.50 | 0.50 |
| Istanbul | 680.00 | 8.00 | 679.50 | 11.00 | 415.50 | 1.50 |
| LA / LB | 655.50 | 3.50 | 666.50 | 22.00 | 456.00 | 2.50 |
| Las Palmas |
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| Mumbai |
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| New York | 566.50 | 7.50 | 585.50 | 7.50 | 350.50 | 0.50 |
| Cristobal, Panama |
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| Piraeus | 608.00 | 7.00 | 615.00 | 10.00 | 348.00 | 3.50 |
| Santos | 600.50 | 0.00 | 688.00 | 22.00 | 510.00 | 6.00 |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
Popular Now More
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Jan 23VPS gives background and presents three real-world case studies where ships have encountered problem VLSFO fuel. -
Jan 22Are shipowners overreacting, or suppliers shirking obligation? -
Jan 24As the fuels are changing, so too are customer strategies to deal with these new scenarios.
Outlook IMO 2020
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Jan 23BNP Paribas is the largest lender to the global shipping industry. -
Jan 22Only 10 cases of non-availability of compliant fuels have been reported to the IMO so far. -
Jan 20Some 87% of the cost will be taken up by investments on land. -
Jan 16Credit issues related to IMO 2020 are set to be the biggest challenge this year. -
Jan 16The legislative body also welcomed shipping's inclusion in the EU's emissions trading scheme. -
Jan 16The oil trader supports slow steaming regulations and carbon pricing for shipping to reduce emissions.