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World Fuels Services Bunker Sales Volume Down 16% in 2020
COVID-19 impact makes it a fifth straight year of falling marine fuel sales for the Miami, FL-headquartered firm.
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25FebMeanwhile, Exxon Mobil turns its back on Canada's oil sands. Read in Full
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25FebHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 18 – February 24 2021. Read in Full
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25FebMinerva's new 'Advanced Delivery Platform' (ADP) service will be available for buyers at the ARA hub, in Fujairah and Singapore. Read in Full
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25FebResearch points to marine-based pollution as greater than land-based pollution. Read in Full
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25FebPeninsula has just joined LNG bunker industry body the Society for Gas as a Marine Fuel. Read in Full
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25FebFor ships financed under Poseidon Principles. Read in Full
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25FebIsrael's government is now looking into a selection of ships that it thinks could have caused the spill. Read in Full
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25FebMulti-firm project focused on ammonia-fuelled tanker design. Read in Full
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25FebThe GECF forecasts LNG bunker demand rising from 11 bcm/year as of 2019 to more than 90 bcm/year by 2050. Read in Full
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24FebMeanwhile, OPEC sources say a 500,000 bpd increase is feasible. Read in Full
With the ongoing Coronavirus pandemic restricting opportunities for traditional training, Ship & Bunker has partnered with Refinery Automation Institute (RAI) to launch its first online bunker training course. Learn More →
Top Stories
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Feb 22Maersk's head of decarbonisation sets out how the company will approach renewing its fleet in the coming years as it shifts to using zero-carbon fuels. -
Feb 18"I see price in terms of both direction of movement and overall level for both marine fuel and crude oil as important in patterns of quality claims in bunkers." -
Feb 18Moving on from HSFO has come at a heavy cost to Russia's bunker market. -
Feb 10With an initial footprint that includes 7 trading offices and 2 physical locations, Todd will head Delta Energy from Rotterdam. -
Feb 09The new system -- licensing bunker barge operators at Rotterdam, Schiedam, Vlaardingen, Dordrecht, Zwijndrecht and Papendrecht -- came into force on February 1. -
Feb 08The global bunker industry suffered a contamination crisis in 2018, with quality issues spreading from the US Gulf to become a worldwide problem. -
Feb 08Pro Fuels, established in Norway in 2018, will be renamed Sea Oil Petroleum AS and its employees will remain with the company. -
Feb 08The long-term deal gives WIP the ability to distribute fuel products elsewhere in the Caribbean and Central American markets. -
Feb 04The company's new head of business development has taken on the job of setting up the business. -
Jan 27The London office was opened in 2019 and has a team of five staff.
Insights & Analysis More
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Feb 23Expectations are high that exhaust gas scrubber technology demand will soon be resurgent. But what lessons have been learned from installations and which type will dominate? -
Feb 15The world's largest bunker hub has seen sales almost hold up from the artificially high level of January 2020. -
Feb 04Some readers have told Ship & Bunker the recent notation awarded by ABS is nothing more than a PR exercise, while others see it as an important step to the future. -
Jan 26Ship & Bunker looks at the high/low sulfur spread in 2020, outlook for the spread in the years ahead and other factors impacting the landscape for scrubber uptake. -
Jan 20IMO 2020 and the unique market dynamics of 2020 has seen it take some time to pin down what a useful crude / VLSFO model will be going forwards. -
Jan 19"I would say 2020 has been our busiest year ever partly because of the job activity for bunkering," says Singapore-based Salling Search. -
Jan 18Saving planet while burning fuel with superior mileage, doesn't that sound too good to be true? Ara Barsamian, Eliseo Curcio, and Daniel Son from Refinery Automation Institute, LLC discuss.
![Tricks of the Bunker Trade: Singapore Cappuccino Bunker Incident Report [Pictures]](https://shipandbunker.cdn.speedyrails.net/a/img/_rm_5d12171be954cec1a3ab1bd4cc9cf18b.v.601.jpg)
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 513.50 | 9.00 | 578.50 | 10.00 | 389.50 | 9.00 |
| Global 20 Ports Average | 526.00 | 6.50 | 579.50 | 7.00 | 405.00 | 6.50 |
| Global Average Bunker Price | 533.50 | 5.00 | 606.00 | 3.00 | 436.50 | 10.50 |
| Singapore | 528.50 | 10.50 | 555.50 | 11.00 | 404.00 | 9.50 |
| Rotterdam | 498.50 | 8.00 | 552.00 | 8.50 | 386.00 | 12.50 |
| Fujairah | 527.50 | 8.50 | 627.50 | 17.50 | 382.00 | 7.00 |
| Houston | 499.00 | 8.50 | 578.50 | 3.00 | 386.00 | 6.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 516.00 | 11.50 | - | 407.50 | 11.00 | |
| Hong Kong | 520.50 | 12.00 | 530.50 | 9.50 | 407.50 | 4.50 |
| Istanbul | 537.50 | 9.00 | 584.50 | 8.50 | 425.50 | 4.50 |
| LA / LB | 527.00 | 4.00 | 611.50 | 41.00 | 444.00 | 5.50 |
| Las Palmas |
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| Mumbai |
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| New York | 509.50 | 3.00 | 569.50 | 1.00 | 395.00 | 0.00 |
| Cristobal, Panama |
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| Piraeus | 537.50 | 8.50 | 573.50 | 7.00 | 418.50 | 5.50 |
| Santos | 528.00 | 15.00 | 628.00 | 3.00 | - | |
| 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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Feb 24Rebranding comes as the industry as a whole looks to move away from oil-based fuels. -
Feb 24Shipping intelligence service VesselsValue lists the ship as being operated by Ocean Tankers and beneficially owned by Xihe Group. -
Feb 23GP Global APAC is reported to owe its top 20 creditors more than $464 million.