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US Rejects IMO's Net-Zero Framework, Calls it Unfair Burden

US Rejects IMO's Net-Zero Framework, Calls it Unfair Burden

The US said the framework favours China and pushes costly marine fuels while excluding readily available fuels like LNG and biofuels.
  1. 14Aug
    Van Oord sees bio-LNG as a key part of its decarbonisation strategy. Read in Full
  2. 13Aug
    The new hire was previously a bunker supply trader for Cockett Group in Singapore. Read in Full
  3. 13Aug
    The fully electric tugboat is expected to begin commercial operations in 2030. Read in Full
  4. 13Aug
    Even if the IMO's Net-Zero Framework clears its October vote, the US refusal to comply could threaten its rollout, Rico Luman of ING says. Read in Full
  5. 13Aug
    Seven-figure deal will see MB Energy buy e-methanol from Greenlyte's Marl plant, with future offtake support planned. Read in Full
  6. 13Aug
    A boxship was bunkered with LNG for the first time at the Shenzhen West Port Area. Read in Full
  7. 13Aug
    Established in 2018, the firm has been an active LNG bunker supplier. Read in Full
  8. 13Aug
    Global VLSFO prices have dropped further. Read in Full
  9. 13Aug
    The new working group will enhance the integrity of certified biofuel supply chains through advanced scientific analysis. Read in Full
  10. 13Aug
    Golden Island views green methanol as the best option for shipping's short- to mid-term decarbonisation targets. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 341.00 3.00 701.50 6.50 727.50 6.50
Rotterdam 284.00 3.50 584.00 7.00 605.50 7.00
Houston 329.00 7.50 676.50 15.50 701.50 16.00
Fujairah 221.00 10.50 455.00 21.00 471.50 22.00

Bunker Price Forecast - Q3 2025

Quarterly and full year bunker price forcast for 2025 and 2026. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

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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.

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Top Stories More

  1. INTERVIEW: Monjasa Sees Slow Start to Panama Biofuel Sales
    Aug 07
    "We had very different expectations," Monjasa's Jonas Bruslund tells Ship & Bunker.
  2. VPS: Crew Safety Endangered in the Wake of Bunker Failures
    Aug 05
    Steve Bee and Rahul Choudhuri of VPS highlight a recent case where contaminated bunkers led to a loss of propulsion and a safety risk to the vessel and crew.
  3. ANALYSIS: 2026 Regulatory Cost Increase Far Outweighs Projected Bunker-Price Drop
    Aug 05
    Total intra-EU fuel and compliance costs are forecast to rise by 5.9% from the 2025 year-to-date average to $829.94 per tonne of VLSFO in 2026.
  4. World Kinect Sees First Quarterly Marine Fuels Loss Since 2017
    Aug 04
    World Kinect posted a loss of $25.6 million from its marine fuels segment in Q2 after an asset impairment that cost it $32 million.
  5. Ship & Bunker Launches IMO 2028, EU-ETS and FuelEU Maritime Cost Comparison Tool
    Jul 30
    The calculator breaks down GHG-related regulatory costs for a variety of fuels under the three frameworks for the years 2028-2035.

Insights & Analysis More

  1. INTERVIEW: Monjasa Sees Slow Start to Panama Biofuel Sales
    Aug 07
    "We had very different expectations," Monjasa's Jonas Bruslund tells Ship & Bunker.
  2. INSIGHT: LNG/LBM/E-Methane, A Titanic Trio
    Aug 06
    Michael Schaap of Titan Clean Fuels discusses the need not to view LNG, LBM and e-methane in isolation, but as a combination.
  3. VPS: Crew Safety Endangered in the Wake of Bunker Failures
    Aug 05
    Steve Bee and Rahul Choudhuri of VPS highlight a recent case where contaminated bunkers led to a loss of propulsion and a safety risk to the vessel and crew.
  4. ANALYSIS: 2026 Regulatory Cost Increase Far Outweighs Projected Bunker-Price Drop
    Aug 05
    Total intra-EU fuel and compliance costs are forecast to rise by 5.9% from the 2025 year-to-date average to $829.94 per tonne of VLSFO in 2026.
  5. VPS: The Power of Precision Bunker Quantity Surveys
    Aug 04
    Peter van den Boomgaard and Steve Bee of VPS discuss the importance of quantity surveys in bunker procurement.
  6. World Kinect Sees First Quarterly Marine Fuels Loss Since 2017
    Aug 04
    World Kinect posted a loss of $25.6 million from its marine fuels segment in Q2 after an asset impairment that cost it $32 million.
  7. FEATURE: Big Players Covered, Smaller Firms Rush as Shipping's EUA Deadline Approaches
    Jul 29
    Ship & Bunker talks to various stakeholders to assess how prepared the shipping industry is for its first EUA surrender deadline on September 30, 2025.
  8. INTERVIEW: New Alliance Seeks to Crack Down on ARA Quantity Disputes
    Jul 24
    The new Bunkering Services Initiative is seeking to establish a gold standard for ARA marine fuel supply, one of its founders tells Ship & Bunker.
  9. VIEWPOINT: Why Good Bunker Traders Sometimes Leave to Join a Competitor
    Jul 23
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.
  10. VPS: How Stable is Your Marine Fuel?
    Jul 22
    VPS's Steve Bee discusses potential stability problems in residual fuels, distillates and biofuel blends.

Yemen & Red Sea Attacks

  1. UKMTO Reports Suspicious Approach in Red Sea
    Jul 24
    The ship was approached north-west of Al Mukha in Yemen at about 2 AM UTC on Thursday.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Van Oord's Ship Bunkers Bio-LNG for the First Time in Germany
    Aug 14
    Van Oord sees bio-LNG as a key part of its decarbonisation strategy.
  2. Japan's First Fully Battery-Powered Tugboat Project Launched
    Aug 13
    The fully electric tugboat is expected to begin commercial operations in 2030.
  3. US Pushback Could Deter Member States from Backing IMO Net-Zero Framework: ING
    Aug 13
    Even if the IMO's Net-Zero Framework clears its October vote, the US refusal to comply could threaten its rollout, Rico Luman of ING says.
  4. Avenir LNG Marks 1,000th Ship-to-Ship LNG Bunkering Operations
    Aug 13
    Established in 2018, the firm has been an active LNG bunker supplier.
  5. US Rejects IMO's Net-Zero Framework, Calls it Unfair Burden
    Aug 13
    The US said the framework favours China and pushes costly marine fuels while excluding readily available fuels like LNG and biofuels.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 487.00 2.00 670.50 4.50 411.00 3.00
Global 20 Ports Average 531.00 1.00 745.50 7.50 454.50 1.50
Global Average Bunker Price 569.50 2.50 791.00 4.00 463.50 2.50
Singapore 500.00 2.50 649.00 10.50 415.00 3.50
Rotterdam 478.00 0.50 656.50 5.50 417.00 4.50
Fujairah 487.50 5.50 721.00 4.50 390.00 5.00
Houston 482.00 0.00 655.50 3.00 423.50 3.00
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 513.50 1.50 - 468.50 0.00
Hong Kong 512.50 6.00 654.00 3.50 427.50 5.00
Istanbul 631.50 1.00 747.50 10.00 546.50 1.00
LA / LB 553.00 6.00 743.50 12.50 440.00 6.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 502.50 7.50 703.00 15.50 451.00 13.00
Cristobal, Panama - login to view prices or
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Piraeus 604.50 4.00 751.50 13.50 467.00 8.50
Santos 519.00 3.50 779.50 5.00 -
Shanghai - login to view prices or
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