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Propeller Fuels Opens Singapore Office
The firm's new Singapore unit is called Propeller Fuels Asia Pte Ltd.
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02JunAlso, crude prices are down this year due to Russian resilience. Read in Full
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02JunVernon Jayanathan of Maritime Recruitment Company Ltd is seeking candidates for a marine fuels firm hiring traders in Dubai and Houston, he tells Ship & Bunker. Read in Full
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02JunThe company is looking for candidates with at least three years of trading experience and knowledge of the bunker markets of the Far East. Read in Full
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02JunGreen fuel bunkering is expected to be available in the country soon, according to the Suez Canal Economic Zone authority. Read in Full
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02JunThe firm exercised its option to order two more of the ships from China State Shipbuilding Corporation last week. Read in Full
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02JunThe company's dual-fuelled ship the Auto Energy completed its first LNG bunkering operation in the Mediterranean on May 25. Read in Full
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02JunShip & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $3/mt to $574/mt on Thursday, remaining at the lowest level since May 15. Read in Full
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02JunHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 25 – May 31, 2023. Read in Full
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02JunThe firm is looking for candidates with at least five years of relevant work experience in the bunker industry. Read in Full
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02JunThe orders are coming as part of CMA CGM's aim to modernise the La Méridionale fleet. Read in Full
Top Stories More
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May 25Monjasa CFO Rasmus Knudsen discusses how the firm's strong financial footing leaves room for expansion in an interview with Ship & Bunker. -
May 232022 saw a 677% surge in profits for the firm, while volumes, revenues and profit all reached the highest levels in the company's history, a Monjasa representative tells Ship & Bunker. -
May 12The companies intend for the operation to be up and running by late 2025 or early 2026. -
May 08The Monjasa Reformer has already resumed commercial operations in West Africa following its hijacking in March, a Monjasa spokesman tells Ship & Bunker. -
May 03Global marine fuels firm Glander International Bunkering sets out its view on the impact of the European Union adding shipping to its emissions trading system.
Insights & Analysis More
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May 25Monjasa CFO Rasmus Knudsen discusses how the firm's strong financial footing leaves room for expansion in an interview with Ship & Bunker.
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May 23Chris Morgan, global head of credit at Delta Energy, sets out his thoughts on how impending changes to sanctions may affect the bunker industry. -
May 15Singapore's bunker volumes reached a three-month high in April, while bunker calls advanced to a two-year high. -
May 09The changes may be as a result of shifting global fuel oil tradeflows after the outbreak of war. -
May 03Global marine fuels firm Glander International Bunkering sets out its view on the impact of the European Union adding shipping to its emissions trading system.
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May 01Ship & Bunker talks to Waterfront Shipping President, Paul Hexter, whose firm has been loading methanol as a marine fuel since 2016.
Decarbonisation and Alternative Marine Fuels & Power More
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Jun 02Green fuel bunkering is expected to be available in the country soon, according to the Suez Canal Economic Zone authority. -
Jun 02The orders are coming as part of CMA CGM's aim to modernise the La Méridionale fleet. -
Jun 02The new role is within the firm's energy transition leadership team. -
Jun 02The event is set to take on an additional focus on alternative fuels this year in addition to its traditional content around the fuel oil cargo and bunker markets, organisers Axelrod Energy Projects tell Ship & Bunker. -
Jun 02The third connection, at Pier 66, will make it the first port in the world with three of the systems available for cruise ships.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 541.00 | 6.50 | 727.00 | 17.00 | 429.00 | 7.50 |
| Global 20 Ports Average | 583.50 | 9.50 | 764.00 | 18.50 | 484.50 | 14.00 |
| Global Average Bunker Price | 624.00 | 4.00 | 816.50 | 9.00 | 495.50 | 6.00 |
| Singapore | 561.50 | 3.50 | 688.00 | 8.50 | 434.00 | 5.00 |
| Rotterdam | 534.50 | 12.00 | 674.50 | 20.00 | 448.00 | 12.00 |
| Fujairah | 547.50 | 0.50 | 835.50 | 13.50 | 413.50 | 1.00 |
| Houston | 520.00 | 9.00 | 709.50 | 25.00 | 421.00 | 14.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 549.50 | 8.50 | - | 492.50 | 7.00 | |
| Hong Kong | 607.50 | 15.50 | 661.00 | 10.00 | 444.50 | 1.50 |
| Istanbul | 599.00 | 5.00 | 787.00 | 0.00 | 559.00 | 1.00 |
| LA / LB | 591.50 | 5.00 | 741.00 | 5.00 | 497.50 | 5.00 |
| Las Palmas |
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| Mumbai |
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| New York | 550.50 | 15.00 | 718.50 | 15.00 | 451.00 | 10.00 |
| Cristobal, Panama |
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| Piraeus | 623.50 | 14.00 | 733.00 | 6.00 | 474.00 | 7.50 |
| Santos | 579.00 | 17.50 | 785.00 | 9.00 | - | |
| 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 | 583.50 | 9.50 | 764.00 | 18.50 |
| Global 4 Ports Average | 541.00 | 6.50 | 727.00 | 17.00 |
| Global Average Bunker Price | 624.00 | 4.00 | 816.50 | 9.00 |
| Singapore | 561.50 | 3.50 | 688.00 | 8.50 |
| Fujairah | 547.50 | 0.50 | 835.50 | 13.50 |
| Rotterdam | 534.50 | 12.00 | 674.50 | 20.00 |
| Houston | 520.00 | 9.00 | 709.50 | 25.00 |
Bunker Jobs
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Jun 02Vernon Jayanathan of Maritime Recruitment Company Ltd is seeking candidates for a marine fuels firm hiring traders in Dubai and Houston, he tells Ship & Bunker. -
Jun 02The company is looking for candidates with at least three years of trading experience and knowledge of the bunker markets of the Far East. -
Jun 02The firm is looking for candidates with at least five years of relevant work experience in the bunker industry. -
May 31The company is looking for candidates with a relevant degree and three to five years of experience. -
May 29The company is looking for candidates with experience with physical products and derivatives. -
May 25The company is looking for candidates with at least ten years of experience in a senior managerial or administrative position. -
May 24The company is looking for candidates with a degree in engineering or business management and five years of relevant experience. -
May 23The company is looking for candidates with at least five years of experience in a similar role, including two or three years in sourcing.
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May 23The company is looking for candidates who are currently pursuing or have recently graduated from a degree in business, economics, finance, maritime or energy studies or related fields. -
May 22The company is looking for candidates with at least five years of post-qualification experience in a similar role.
Popular Now More
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Jun 01The firm's new Singapore unit is called Propeller Fuels Asia Pte Ltd. -
Jun 01The new hire is based in Athens. -
May 31The firm has already completed its first ten bunker deliveries in Egypt. -
May 30The new appointment was previously a bunker trader and broker for the firm. -
May 31The unit will now be renamed Fort Energy Refining Middle East DMCC. -
Jun 02The event is set to take on an additional focus on alternative fuels this year in addition to its traditional content around the fuel oil cargo and bunker markets, organisers Axelrod Energy Projects tell Ship & Bunker.
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Jun 02The new role is within the firm's energy transition leadership team.