Asia/Pacific News
Shanghai Port's Cumulative LNG Bunker Volumes Surpass 2 Million m3
The cumulative bonded LNG bunker supplies at the Shanghai port surpassed 2 million m3, with 355 vessels bunkered with the fuel since the service began in 2022.
The latest bunkering operation saw 4,549 m3 of LNG supplied to the Singapore-based PIL’s container ship Kota Eagle, according to Lin-gang Special Area authority statement on Wednesday.
Shanghai introduced trial measures for bonded LNG bunkering for international vessels in the Lin-gang Special Area in January 2022.
The port carried out China’s first ship-to-ship bonded LNG bunkering operation for an international vessel in March that year.
Cumulative LNG bunker supplies reached 1 million m3 in early 2025, before doubling to more than 2 million m3 about a year and a half later.
Chinese authorities are also looking to develop Shanghai as an international green marine fuel bunkering and trading hub by 2030.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 917.00 | 10.00 | 1295.00 | 34.00 |
| Rotterdam | 742.00 | 5.50 | 1435.50 | 54.00 |
| Houston | 765.00 | 2.00 | 1408.00 | 12.00 |
| Fujairah | 986.00 | 1.50 | 1725.50 | 38.50 |
| APAC Average | 1000.00 | 4.00 | 1479.50 | 22.00 |
| Global 20 Ports Average | 902.00 | 6.00 | 1547.50 | 29.50 |
| Global 4 Ports Average | 852.50 | 4.00 | 1466.00 | 34.50 |
| Global Average Bunker Price | 950.50 | 2.50 | 1606.00 | 21.00 |
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