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UK Shipping to Face Similar Rules to EU-ETS After New Deal

UK Shipping to Face Similar Rules to EU-ETS After New Deal

Both domestic and international maritime emissions will soon be included in the scope of the UK ETS, a UK government representative tells Ship & Bunker.
  1. 19May
    The company now expects to make a final investment decision in mid-2025 and to make its first deliveries in the second half of 2027. Read in Full
  2. 19May
    A Liberian-flagged container vessel has been arrested for docking without permission. Read in Full
  3. 19May
    The 13,000 TEU capacity container ship was delivered by Hyundai Samho Heavy Industries. Read in Full
  4. 19May
    The new company is now 'officially open for business', co-CEO Peter Grünwaldt said. Read in Full
  5. 19May
    Kasper Soerensen has joined the company as head of marine fuels sourcing for the east as of this month. Read in Full
  6. 19May
    The company is looking for candidates with at least two years of experience in bunker trading, shipping, brokering, trading or related industries. Read in Full
  7. 19May
    The vessel will operate on the Ballen-Kalundborg route. Read in Full
  8. 19May
    The new hire was previously an international trader for Hüpeden & Co in Hamburg. Read in Full
  9. 19May
    The 24,000 TEU capacity container vessel was the 11th LNG-fuelled vessel in the Hamburg Express fleet. Read in Full
  10. 19May
    NATO-member Estonia has accused Russia of violating its airspace with a fighter jet to shield a sanctioned shadow fleet tanker. Read in Full
  11. 19May
    Ship & Bunker's G20-VLSFO Index slipped by $1/mt to $539/mt on Friday, in its first fall since May 5. Read in Full

MEPC 83 & IMO 2028

  1. UK Shipping to Face Similar Rules to EU-ETS After New Deal
    May 19
    Both domestic and international maritime emissions will soon be included in the scope of the UK ETS, a UK government representative tells Ship & Bunker.
  2. LNG May Be Cheapest Option for IMO 2028 Compliance: Report
    Apr 30
    The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs.
  3. IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?
    Apr 23
    Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 351.50 4.50 723.00 9.50 749.50 10.00
Rotterdam 275.50 29.00 566.50 60.00 587.00 62.50
Houston 299.50 2.00 616.50 4.00 639.00 4.00
Fujairah 216.00 0.50 444.50 1.00 460.50 0.50

Top Stories More

  1. UK Shipping to Face Similar Rules to EU-ETS After New Deal
    May 19
    Both domestic and international maritime emissions will soon be included in the scope of the UK ETS, a UK government representative tells Ship & Bunker.
  2. ANALYSIS: Singapore April Bunker Sales Gain 3.9% Y-o-Y Despite Tariffs
    May 16
    If the year-to-date total were replicated over the rest of 2025, this year's total for Singapore would reach 52.1 million mt, down by 4.4% from 2024's record high.
  3. Vitol and Grindrod Agree to 'Orderly Wind-Down' of Bunker Trader Cockett
    May 13
    The firm will no longer take on new business after more than 45 years in bunkering.
  4. President Trump Calls End to Red Sea Crisis
    May 07
    "They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
  5. INTERVIEW: How to Navigate the Bunker Job Market in a Downturn
    May 06
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.

Insights & Analysis More

  1. ANALYSIS: Singapore April Bunker Sales Gain 3.9% Y-o-Y Despite Tariffs
    May 16
    If the year-to-date total were replicated over the rest of 2025, this year's total for Singapore would reach 52.1 million mt, down by 4.4% from 2024's record high.
  2. INTERVIEW: How to Navigate the Bunker Job Market in a Downturn
    May 06
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
  3. VPS: Cashew Nut Shell Liquid – Biofuel Saviour or Concerning Contaminant?
    Apr 24
    Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
  4. IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?
    Apr 23
    Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.

Yemen & Red Sea Attacks

  1. Suez Canal Offers 15% Rebate to Lure Back Boxships Amid Red Sea Calm
    May 13
    The Suez Canal Authority has announced a 15% rebate on transit dues for container ships of 130,000 tonnes or more.
  2. Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta
    May 09
    Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.
  3. CMA CGM Keen to Make Full Return to Suez Canal Transits
    May 08
    Executives from CMA CGM and the Suez Canal Authority held talks this week to explore a full return to Suez Canal transits.
  4. Red Sea Comeback Uncertain Despite US Assurance
    May 08
    Houthis claim they have carried out strikes at various warships in the Red Sea, including a US aircraft carrier.
  5. President Trump Calls End to Red Sea Crisis
    May 07
    "They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.

Decarbonisation and Alternative Marine Fuels & Power More

  1. UK Shipping to Face Similar Rules to EU-ETS After New Deal
    May 19
    Both domestic and international maritime emissions will soon be included in the scope of the UK ETS, a UK government representative tells Ship & Bunker.
  2. Bureau Veritas Urges Global Safety Standards for Electrification
    May 15
    A report states that fragmented safety regulations are holding back the widespread adoption of battery and shore power systems.
  3. Cavotec Wins Shore Power Order Worth $9 Million from Container Firm
    May 13
    The firm will supply power systems for a new container vessel.
  4. South Korea Aims to Build World's Largest Hydrogen Carrier by 2027
    May 13
    The South Korean government plans to invest $40.5 million this year to develop the demonstration vessel.
  5. Statkraft Scales Down Hydrogen Plans Amid Market Uncertainty
    May 12
    The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 496.00 3.00 647.00 1.50 423.00 0.50
Global 20 Ports Average 539.00 1.00 720.00 3.00 469.00 0.00
Global Average Bunker Price 572.50 2.00 765.00 3.00 482.50 0.50
Singapore 523.50 6.50 613.00 6.00 443.50 4.00
Rotterdam 472.50 2.50 630.50 4.50 424.50 1.00
Fujairah 520.00 13.00 724.00 10.50 426.00 2.50
Houston 468.00 2.50 619.50 4.50 398.00 0.00
Busan - login to view prices or
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Colombo - login to view prices or
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Durban - login to view prices or
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Gibraltar 531.00 0.00 - 478.00 3.50
Hong Kong 530.50 10.50 622.50 12.00 463.00 2.00
Istanbul 633.00 0.50 732.00 7.00 544.00 0.50
LA / LB 558.50 3.00 679.00 6.50 462.50 4.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 494.50 3.00 681.50 6.00 424.50 2.00
Cristobal, Panama - login to view prices or
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Piraeus 562.00 2.50 700.00 8.50 460.50 4.50
Santos 507.00 1.00 762.50 0.00 -
Shanghai - login to view prices or
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St Petersburg 527.50 5.00 715.00 0.00 413.00 0.00
Tokyo - login to view prices or
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