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Maersk and Hapag-Lloyd to Reroute One Joint Shipping Service via Red Sea

Maersk and Hapag-Lloyd to Reroute One Joint Shipping Service via Red Sea

The move comes as easing Red Sea security risks prompt carriers to reassess longer diversion routes that have lifted bunker usage.
  1. 04Feb
    The study claims that boil-off gas could prevent many LNG-fuelled ships from fully switching to shore power while in port. Read in Full
  2. 04Feb
    Users of the new service will be able to ask specific questions about the bunker supply chain, with the agent pulling out insights from Spotbarge's datasets in response. Read in Full
  3. 04Feb
    Daniel Gent has joined Soya Group following nearly 18 years at UECC. Read in Full
  4. 04Feb
    The company will invest around EUR 140 million to lift engine output by 35% at its Vaasa Sustainable Technology Hub. Read in Full
  5. 04Feb
    The company's LNG-fuelled ferries bunkered about 6,000 mt of bio-LNG last year. Read in Full

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.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 343.50 4.00 706.50 7.50 732.50 8.00
Rotterdam 291.50 6.50 599.50 8.50 621.50 35.00
Houston 354.50 46.00 729.00 71.50 755.50 121.50
Fujairah 219.00 2.00 450.50 4.00 467.00 4.50

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.

IMO 2050

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  3. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.

Top Stories More

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. Singapore Diesel Supplier Fuel Incorporation Announces Bunkering Expansion
    Jan 29
    The firm - at present a supplier of 10 PPM road diesel, exhaust fluid and additives - plans to expand into bunkering as well as setting up an oil brokerage platform.
  3. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  4. VPS 2025 Marine Fuel Review
    Jan 26
    Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025.
  5. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.

Insights & Analysis More

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. INSIGHT: How to Avoid Recruiting the Wrong Bunker Trader
    Jan 28
    Even well-intentioned professionals can fall foul of the rules if they do not fully understand them.
  3. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
  4. Fujairah Bunker Sales Fell 2.8% in 2025 on Lower VLSFO Demand
    Jan 19
    VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend.
  5. Panama Bunker Sales Rose 4.1% Year on Year in 2025 on Higher VLSFO Sales
    Jan 15
    Panama saw a total of 7,466 calls for bunkers in 2025, representing an 11.5% increase from the 6,696 recorded in 2024.
  6. INTERVIEW: Shipergy Uses AI to Reshape Trading Model Amid Market Downturn
    Jan 15
    Shipergy CEO Daniel Rose is refocusing the firm's commercial efforts on three hubs and deploying AI tools to reduce workload in response to weak market conditions, he tells Ship & Bunker.
  7. ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025
    Jan 13
    Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December.
  8. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  9. ANALYSIS: Average VLSFO Bunker Prices at Key Ports Fall 20% in 2025
    Jan 07
    The G20-VLSFO Index hit its lowest level since 2020, but for ships in Europe this price drop was outweighed by the increase in EU-ETS compliance costs.

Decarbonisation, Alternative Marine Fuels and Power More

  1. Viking Line Secures Bio-LNG Covering 50% of Fuel Needs for First Half of 2026
    Feb 04
    The company's LNG-fuelled ferries bunkered about 6,000 mt of bio-LNG last year.
  2. Bureau Veritas and Wartsila Team Up to Assess Hybrid-Electric LNG Carrier Design
    Feb 04
    A hybrid-electric LNG carrier design focused on propulsion optimisation will be assessed under the joint project.
  3. Jamaica Explores Alternative Marine Fuel Options at IMO-Backed Workshop
    Feb 04
    A national workshop in Jamaica brought together stakeholders to discuss how alternative marine fuels could fit into the country's ports and bunkering sector.
  4. GCMD and CIMAC Join Forces to Support Adoption of Alternative Marine Fuels
    Feb 03
    As alternative marine fuels such as ammonia move closer to use as a marine fuel, GCMD and CIMAC have signed a two-year partnership to support industry readiness.
  5. India's E-Methanol Plant in Kandla Targets Shipping Demand
    Feb 03
    The 150 mt/day e-methanol plant aims to support Kandla port's goal of becoming a hub for methanol bunkering.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 454.50 0.50 684.50 6.00 388.00 2.50
Global 20 Ports Average 494.50 0.50 758.00 2.00 427.00 0.50
Global Average Bunker Price 538.00 2.00 797.50 3.00 438.50 0.50
Singapore 471.00 2.00 671.00 7.00 420.50 3.00
Rotterdam 433.00 5.00 678.00 1.50 388.00 5.50
Fujairah 460.50 3.00 739.00 1.00 395.50 2.50
Houston 453.50 8.50 649.50 17.00 349.50 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 465.00 2.00 - 418.50 6.00
Hong Kong 481.50 3.00 682.50 5.00 452.50 3.00
Istanbul 590.00 7.00 758.50 1.00 473.50 10.50
LA / LB 560.00 2.00 756.50 4.50 452.50 2.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 496.50 2.50 800.50 7.00 387.50 0.50
Cristobal, Panama - login to view prices or
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Piraeus 538.50 4.00 737.00 15.00 427.50 0.50
Santos 462.00 1.00 841.00 30.00 -
Shanghai - login to view prices or
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