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Bunker Supplier Peninsula Targets 15 Million MT of Bunker Sales in 2021
The company is 'on trend for' 15 million mt/year of sales in 2021.
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11JunMeanwhile, Goldman Sachs eyes $80 oil this summer. Read in Full
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11JunBoth traders previously worked for OceanConnect. Read in Full
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11JunVLSFO sales in Australia are now 30-50% lower than the levels seen before the start of the pandemic. Read in Full
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11JunThe project will involve developing a small modular reactor for use offshore, as well as working together on performance verification and the business model for offshore nuclear systems. Read in Full
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11JunThe lawsuit, filed at Singapore's High Court on March 5, alleges that Deloitte "acted in breach of the terms of its engagement with the plaintiff." Read in Full
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11JunWithin the alternative bunker fuels space TotalEnergies is primarily known at present as the largest supplier of LNG as a marine fuel. Read in Full
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11JunThe company is looking for a Bunker Trader with proven experience from the Chinese market and one with experience from the Far East Russian market. Read in Full
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10JunHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 3 – June 9, 2021. Read in Full
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10JunMeanwhile, OPEC pegs 2021 world economic growth at 5.5 percent. Read in Full
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10JunAs original supporter Norway contributes additional funds. 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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Jun 10The company is 'on trend for' 15 million mt/year of sales in 2021. -
Jun 09The firm is looking for 'an expert in green transitioning' with knowledge of carbon offsets and insets, biofuel, ammonia or methanol. -
Jun 08The drop in profits can at least partly be explained by the abnormally high bunker margins seen during the IMO 2020 transition. -
Jun 08South Africa's authorities are looking into the tax status of the local bunker industry. -
Jun 08Japan opposes the idea because it could undermine the work being done at the International Maritime Organisation to charge the shipping industry for its carbon emissions at a global level. -
Jun 07Global average bunker prices slipped by 4.6% in the first quarter from a year earlier, according to Ship & Bunker's G20 Index of prices at 20 leading bunker ports. -
Jun 07Under the memorandum of understanding Yara will supply ammonia to Trafigura Group companies, but the company has not commented on whether TFG Marine will be involved. -
Jun 04The vessel will have 12,500 m3 of LNG capacity and will be built at the Hyundai Mipo Shipyard for delivery in June 2023. -
Jun 04"Scalable long-term solutions simply do not currently exist for us to deploy on our ships." -
Jun 04The licensing scheme currently covers 28 companies and about 157 barges.
Insights & Analysis More
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May 20The bunker industry is finding it difficult to trade in VLSFO against diesel and crude prices rather than its own price assessment. -
May 13The city-state's total demand reached 4.3 million mt in April, up by 1.34% from the previous month and by 3.5% from April 2020. -
May 10The new US shipping emissions target for 2050 may need further explanation.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 520.00 | 0.50 | 606.50 | 2.50 | 407.50 | 2.00 |
| Global 20 Ports Average | 541.50 | 1.50 | 617.00 | 0.50 | 421.00 | 0.50 |
| Global Average Bunker Price | 556.00 | 2.00 | 650.00 | 1.50 | 441.50 | 0.50 |
| Singapore | 524.00 | 0.50 | 592.00 | 4.00 | 403.50 | 3.50 |
| Rotterdam | 512.00 | 0.50 | 587.50 | 10.00 | 399.00 | 3.00 |
| Fujairah | 525.50 | 1.50 | 635.50 | 3.00 | 427.00 | 9.50 |
| Houston | 518.00 | 0.50 | 612.50 | 1.00 | 400.50 | 2.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 526.00 | 0.00 | - | 416.50 | 1.00 | |
| Hong Kong | 532.50 | 0.00 | 574.00 | 0.50 | 418.00 | 0.00 |
| Istanbul | 548.50 | 3.00 | 623.00 | 5.00 | 427.00 | 1.00 |
| LA / LB | 555.00 | 0.50 | 641.00 | 0.00 | 453.00 | 4.00 |
| Las Palmas |
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| Mumbai |
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| New York | 528.00 | 3.00 | 626.00 | 0.00 | 414.50 | 0.50 |
| Cristobal, Panama |
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| Piraeus | 583.00 | 9.00 | 615.50 | 3.00 | 418.00 | 0.50 |
| Santos | 531.00 | 7.00 | 697.00 | 2.00 | - | |
| 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 | 541.50 | 1.50 | 617.00 | 0.50 |
| Global 4 Ports Average | 520.00 | 0.50 | 606.50 | 2.50 |
| Global Average Bunker Price | 556.00 | 2.00 | 650.00 | 1.50 |
| Singapore | 524.00 | 0.50 | 592.00 | 4.00 |
| Fujairah | 525.50 | 1.50 | 635.50 | 3.00 |
| Rotterdam | 512.00 | 0.50 | 587.50 | 10.00 |
| Houston | 518.00 | 0.50 | 612.50 | 1.00 |
Bunker Jobs
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Jun 11The company is looking for a Bunker Trader with proven experience from the Chinese market and one with experience from the Far East Russian market. -
Jun 08The company is looking for candidates with at least eight years of relevant experience, including sales. -
Jun 02On Tuesday the company announced it was moving its chief operating officer to Dubai. -
May 31The company is looking for candidates with two to five years of experience in analytical positions within finance, business controlling or equivalent areas. -
May 28The company is looking for candidates with previous experience with an international bunker trader or physical supplier, and with a degree or equivalent in shipping.
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May 13The firm is looking for candidates with a bachelor's degree in finance or accounting and one to three years of experience in a corporate or business setting. -
May 07The firm is looking for candidates fluent in at least one additional language as well as English. -
May 06The company is looking for candidates with at least five years of experience trading bunkers. -
May 05The firm is looking for candidates with fluent Norwegian and English, as well as a minimum of eight years' experience in a similar role.
Popular Now More
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Jun 10The company is 'on trend for' 15 million mt/year of sales in 2021.
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Jun 09The company will offer Verified Emissions Reductions (VER) certificates to its marine fuel customers. -
Jun 11Both traders previously worked for OceanConnect. -
Jun 09The firm is looking for 'an expert in green transitioning' with knowledge of carbon offsets and insets, biofuel, ammonia or methanol.
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Jun 08Delta will also be supplying biofuels in the area in partnership with barge operator GPS Marine. -
Jun 08South Africa's authorities are looking into the tax status of the local bunker industry.
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Jun 07Under the memorandum of understanding Yara will supply ammonia to Trafigura Group companies, but the company has not commented on whether TFG Marine will be involved.