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No casualties were reported from the attack. -
The move expands the remit of its recently established China Desk as it looks to strengthen its presence across key Asian bunkering and trading markets, the company told Ship & Bunker. -
The Thailand-flagged vessel, Mayuree Naree, was en route to Kandla port in India. -
Western Bulk has adopted ZeroNorth's voyage optimisation tools to support operational decision-making across its fleet. -
The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker. -
The company says it handles about 2 million mt/year of marine fuels. -
The vessel was struck about 11 nautical miles north of Oman in the Strait of Hormuz today. -
The test confirms the system's readiness for integration with ammonia-fuelled two-stroke engines. -
The consultancy will advise India's DG Shipping on developing onshore power supply frameworks. -
This is the second vessel hit by an unknown projectile today. -
Scrubber-fitted vessels are increasingly considering Pakistan for bunkering ," Zishan Arshad, Director at Orion Bunkers DMCC, tells Ship & Bunker. -
Alphaliner says the backlog has not eased from last week as security risks continue to deter ships from transiting the key waterway. -
The boxship came under attack about 25 nautical miles northwest of Ras Al Khaimah early this morning. -
The operation also marked the first SIMOPS green methanol bunkering in Hong Kong. -
Iverson eFuels has cancelled the project due to uncertainty over the grid power supply for the project. -
The company has committed over $500 million to build six dual-fuel-ready container ships. -
Smaller craft capable of carrying two to three mines each are reportedly being used for the operation. -
One analyst says trading this week has been grossly driven by overreaction.
Middle East Conflict
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Mar 11No casualties were reported from the attack. -
Mar 11The Thailand-flagged vessel, Mayuree Naree, was en route to Kandla port in India. -
Mar 11The vessel was struck about 11 nautical miles north of Oman in the Strait of Hormuz today. -
Mar 11This is the second vessel hit by an unknown projectile today. -
Mar 11Alphaliner says the backlog has not eased from last week as security risks continue to deter ships from transiting the key waterway. -
Mar 11The boxship came under attack about 25 nautical miles northwest of Ras Al Khaimah early this morning. -
Mar 10Smaller craft capable of carrying two to three mines each are reportedly being used for the operation. -
Mar 10The incident was reported at 36 nautical miles north of Abu Dhabi at 08:00 UTC today. -
Mar 10IMO Secretary-General Arsenio Dominguez has condemned attacks on seafarers and urged respect for freedom of navigation. -
Mar 10The US says the $20 billion war-risk reinsurance scheme aims to restore confidence in trade through the Strait of Hormuz during tensions with Iran.
Bunker Demand in Key Markets
In the third quarter of 2025 bunker bemand at key marine fuel hubs advanced 4.3% on a yearly basis, according to the latest market survey of bunker sales volumes in 17 leading global locations.
Bunker Price Forecast - Q1 2026
Quarterly and full year bunker price forcast for 2026 and 2027. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.
Compliance Costs Calculator
Planning for the future? Ship & Bunker has developed a calculator to help shipping companies and other maritime stakeholders estimate the compliance costs for EU ETS, FuelEU Maritime, and IMO 20208 / NZF regulations for their chosen energy mix for the years 2028-2035.
Top Stories More
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Mar 11The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker. -
Mar 11Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026. -
Mar 10Smaller craft capable of carrying two to three mines each are reportedly being used for the operation.
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Mar 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
Insights & Analysis More
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Mar 11The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker.
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Mar 11Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026.
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Mar 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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Mar 06Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year. -
Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%. -
Mar 03Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker. -
Mar 03A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker. -
Mar 03After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next. -
Mar 03Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 11The test confirms the system's readiness for integration with ammonia-fuelled two-stroke engines. -
Mar 11The consultancy will advise India's DG Shipping on developing onshore power supply frameworks. -
Mar 11Iverson eFuels has cancelled the project due to uncertainty over the grid power supply for the project. -
Mar 11The company has committed over $500 million to build six dual-fuel-ready container ships. -
Mar 11Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 853.00 | 57.00 | 1282.50 | 108.50 | 754.50 | 103.50 |
| Global 20 Ports Average | 907.00 | 22.00 | 1285.00 | 45.00 | 805.50 | 80.50 |
| Global Average Bunker Price | 861.50 | 20.00 | 1255.00 | 6.00 | 712.00 | 40.50 |
| Singapore | 1050.50 | 65.50 | 1596.00 | 172.00 | 968.50 | 104.50 |
| Rotterdam | 726.00 | 46.50 | 1068.00 | 94.50 | 702.00 | 65.50 |
| Fujairah | 918.00 | 57.50 | 1350.50 | 60.50 | 824.50 | 99.50 |
| Houston | 718.50 | 57.00 | 1115.00 | 107.50 | 522.50 | 146.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 705.00 | 156.50 | - | 696.00 | 120.50 | |
| Hong Kong | 1031.00 | 52.50 | 1339.50 | 81.50 | 922.00 | 105.50 |
| Istanbul | 854.50 | 74.50 | 1157.00 | 205.50 | 714.00 | 103.00 |
| LA / LB | 966.00 | 26.00 | 1119.50 | 112.00 | 815.50 | 43.50 |
| Las Palmas |
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| Mumbai |
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| New York | 682.50 | 65.00 | 1130.00 | 122.50 | 596.50 | 42.50 |
| Cristobal, Panama |
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| Piraeus | 789.50 | 46.00 | 1098.50 | 152.00 | 709.50 | 106.00 |
| Santos | 1100.00 | 228.00 | 1373.00 | 327.00 | - | |
| 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 | 907.00 | 22.00 | 1285.00 | 45.00 |
| Global 4 Ports Average | 853.00 | 57.00 | 1282.50 | 108.50 |
| Global Average Bunker Price | 861.50 | 20.00 | 1255.00 | 6.00 |
| Singapore | 1050.50 | 65.50 | 1596.00 | 172.00 |
| Fujairah | 918.00 | 57.50 | 1350.50 | 60.50 |
| Rotterdam | 726.00 | 46.50 | 1068.00 | 94.50 |
| Houston | 718.50 | 57.00 | 1115.00 | 107.50 |
Bunker Jobs
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Mar 06The company is looking for candidates with experience in the bunker industry and good command of English. -
Mar 06The company is seeking to hire bunker traders in Singapore and Seoul, and a senior bunker trader in Dubai. -
Feb 27The company is looking for candidates with a minimum of three years of experience in bunker trading and sales. -
Feb 27The company is looking for candidates with at least five years of experience in marine fuel procurement. -
Feb 19The company is looking for candidates with a minimum of two years of hands-on experience in bunker operations.
Popular Now More
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Mar 11The boxship came under attack about 25 nautical miles northwest of Ras Al Khaimah early this morning.
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Mar 09Sources tell Ship & Bunker that barge loadings have been suspended following the Sunday incident. -
Mar 10Sources tell Ship & Bunker that they are urging customers to float their bunker enquiries as soon as possible. -
Mar 09Bunker prices have climbed to multi-year highs amid middle East conflict. -
Mar 11Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026.
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Mar 11This is the second vessel hit by an unknown projectile today.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.