World News
BUNKER PRICES: G20-VLSFO Index Rises to Three-Day High
Bunker prices mostly advanced at ports around the world on Monday, with global average VLSFO prices climbing to the highest level in three trading sessions.
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports gained $2.50/mt to $529/mt on Monday, reaching its highest level since April 23.
The G20-HSFO Index was little changed at $461/mt, while the G20-MGO Index gained $2.50/mt to $714.50/mt.
ICE Brent crude futures dropped by $1.01/bl to $65.86/bl on Monday.
VLSFO prices at the top four ports mostly followed a positive trend. At Singapore prices gained $4.50/mt to $509/mt, at Rotterdam they advanced by $7/mt to $463/mt, at Fujairah they jumped by $4.50/mt to $501/mt, and at Houston they fell by $4.50/mt to $471.50/mt.
On Tuesday morning Brent futures were trading down by $0.51/bl from the previous session's close at $65.35/bl as of 5:35 AM in London. In metric tonne terms that would be equivalent to a $3.84/mt fall on the day in bunker prices.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 509.00 | 4.50 | 623.00 | 3.00 |
| Rotterdam | 463.00 | 7.00 | 623.50 | 2.00 |
| Houston | 471.50 | 4.50 | 627.50 | 3.50 |
| Fujairah | 501.00 | 4.50 | 714.00 | 1.00 |
| Global 20 Ports Average | 529.00 | 2.50 | 714.50 | 2.50 |
| Global 4 Ports Average | 486.00 | 3.00 | 647.00 | 2.50 |
| Global Average Bunker Price | 572.50 | 2.00 | 753.00 | 2.00 |
Popular Now More
-
Apr 28Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker. -
Apr 28Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier. -
Apr 23Initial 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.