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INTERVIEW: KPI OceanConnect Sees Global Biofuel Bunker Demand Doubling in 2025
The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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02AprThe new shore power installation at Cruise Port Rotterdam was officially inaugurated on Monday. Read in Full
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02AprThe firm's newly launched methanol boxship bunkered 2,900 mt of green methanol at Shanghai. Read in Full
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02AprBunker One and Acelen will offer VLSFO and LSMGO to ships in the Port of Salvador from this month. Read in Full
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02AprThe trials will be conducted using the company's new bunker tanker, Golden Antares, a company representative tells Ship & Bunker. Read in Full
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02AprBoth forums will work together for joint initiatives and knowledge sharing for shipping decarbonisation. Read in Full
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02AprThe Monjasa Thunder will be reallocated to serve the offshore US Gulf market from the end of this month, a company representative tells Ship & Bunker. Read in Full
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02AprThe firm had previously conducted a three-month trial of a B20 FAME biofuel blend on its bunker vessel Aiko Maru in Tokyo Bay. Read in Full
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02AprBoth firms have announced plans to implement low-sulfur surcharges for shipments passing through the Mediterranean Emission Control Area. Read in Full
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02AprShip & Bunker's G20-VLSFO Index gained $4.50/mt to its highest level since March 4 on Tuesday. Read in Full
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01AprThe certification demonstrates the firm's credentials as a trusted supplier of sustainable marine fuels. Read in Full
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01AprSince the launch in 2014, the engine has gathered nearly 1,000 orders. Read in Full
Top Stories More
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Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker. -
Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high. -
Mar 05The firm has signed a deal to acquire the New York Harbor storage position of Element Alpha as of March 1. -
Mar 05Ship & Bunker's Top Ten Bunker Companies for 2025 report shows the sales volumes of the top firms gained 2.2% to about 119.8 million mt last year. -
Mar 04Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
Insights & Analysis More
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Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
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Mar 05Ship & Bunker's Top Ten Bunker Companies for 2025 report shows the sales volumes of the top firms gained 2.2% to about 119.8 million mt last year.
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Mar 04Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
Yemen & Red Sea Attacks
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Mar 26Nearly 1 million mt of bunker fuel was sold in Port Louis in 2024, almost double that from 2023. -
Mar 25Vice President JD Vance reportedly sees Houthi attacks on commercial shipping as more of a problem for Europe than the US. -
Mar 19With Red Sea tensions escalating again following US strikes, vessel diversions are expected to keep the container market tight. -
Mar 18The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away from the Suez Canal. -
Mar 12Houthis vow to resume attacks on Israeli ships in the Red Sea as Gaza aid deadline expires.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 02The new shore power installation at Cruise Port Rotterdam was officially inaugurated on Monday. -
Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Apr 02Both forums will work together for joint initiatives and knowledge sharing for shipping decarbonisation. -
Apr 01Methanol leads March with 12 out of 25 alternative-fuelled vessel orders. -
Mar 31A project to develop the world's first hydrogen-powered cargo ship has been launched.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 527.50 | 2.50 | 693.50 | 5.00 | 461.00 | 2.50 |
| Global 20 Ports Average | 565.00 | 4.50 | 765.50 | 6.50 | 501.50 | 3.50 |
| Global Average Bunker Price | 597.50 | 2.50 | 795.50 | 4.00 | 514.50 | 2.00 |
| Singapore | 538.00 | 6.50 | 667.50 | 6.00 | 469.50 | 2.50 |
| Rotterdam | 504.00 | 3.00 | 673.50 | 10.00 | 457.50 | 4.00 |
| Fujairah | 534.00 | 4.50 | 748.50 | 2.00 | 467.50 | 1.50 |
| Houston | 533.50 | 3.50 | 685.50 | 2.50 | 450.00 | 3.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 539.00 | 4.00 | - | 501.00 | 1.00 | |
| Hong Kong | 540.00 | 6.00 | 672.00 | 6.50 | 503.00 | 5.50 |
| Istanbul | 575.00 | 4.50 | 746.50 | 5.50 | 544.50 | 12.50 |
| LA / LB | 637.00 | 0.00 | 738.00 | 4.50 | 533.50 | 4.00 |
| Las Palmas |
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| Mumbai |
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| New York | 553.00 | 0.00 | 719.00 | 1.50 | 489.00 | 4.00 |
| Cristobal, Panama |
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| Piraeus | 595.50 | 5.50 | 736.50 | 6.50 | 495.50 | 3.00 |
| Santos | 541.50 | 5.00 | 821.00 | 5.00 | - | |
| Shanghai |
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| St Petersburg | 572.00 | 5.00 | 719.50 | 1.50 | 434.00 | 2.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 565.00 | 4.50 | 765.50 | 6.50 |
| Global 4 Ports Average | 527.50 | 2.50 | 693.50 | 5.00 |
| Global Average Bunker Price | 597.50 | 2.50 | 795.50 | 4.00 |
| Singapore | 538.00 | 6.50 | 667.50 | 6.00 |
| Fujairah | 534.00 | 4.50 | 748.50 | 2.00 |
| Rotterdam | 504.00 | 3.00 | 673.50 | 10.00 |
| Houston | 533.50 | 3.50 | 685.50 | 2.50 |
Bunker Jobs
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Mar 31Maritime Recruitment Company Ltd is seeking candidates for a trader/broker role in Europe, Vernon Jayanathan tells Ship & Bunker. -
Mar 28The company is looking for candidates with at least ten years of experience, including three to four years in a senior leadership role. -
Mar 26The company is looking for candidates with at least five years of experience in bunker procurement. -
Mar 24The company is looking for candidates with two to three years of bunker and lubricants experience and fluent English. -
Mar 19Maritime Recruitment Company Ltd is seeking candidates for a range of bunker trader roles worldwide, Vernon Jayanathan tells Ship & Bunker.
Popular Now More
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Apr 01The container line alleges GCC supplied its vessels with about 33,628 mt of contaminated VLSFO in Houston between March and June 2023. -
Mar 31The acquisition will boost Varo Energy's biofuel supply footprint along with conventional fuels. -
Mar 28ISCC said it is aware that discussions are going on in the EU to suspend its certification recognition for waste-based biofuels. -
Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
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Apr 01Shell has now acquired 100% of Pavilion Energy. -
Apr 02Both firms have announced plans to implement low-sulfur surcharges for shipments passing through the Mediterranean Emission Control Area. -
Apr 01Galveston LNG Bunker Port will supply LNG to Dunmura for distribution as marine fuel to its customers.