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Shanghai Outpaced Singapore in Methanol Bunker Sales in 2025

Shanghai Outpaced Singapore in Methanol Bunker Sales in 2025

Shanghai saw strong growth in LNG bunkering last year and sold more green methanol to ships than Singapore.
  1. 29Jan
    The vessel was converted to run on methanol by engine manufacturer Everllence as part of the retrofit project. Read in Full
  2. 29Jan
    The company is looking for candidates, ideally with data administration and entry experience, though this is not mandatory. Read in Full
  3. 29Jan
    Oshima Shipbuilding's 64,000-dwt ultramax concept supports methanol, ammonia and LNG propulsion. Read in Full
  4. 29Jan
    Barcelona saw 231,787 m3 of LNG bunkered in 2025, up by 1% from volumes recorded in 2024. Read in Full
  5. 29Jan
    Gibraltar and Algeciras are experiencing power and internet outages due to severe winds and rain. Read in Full
  6. 29Jan
    The Norwegian project suggests nuclear propulsion is moving beyond theory. Read in Full
  7. 28Jan
    Meanwhile, India logs record non-Russian oil imports. Read in Full
  8. 28Jan
    The new vessel will be deployed on CMA CGM's Asia-South America service. Read in Full
  9. 28Jan
    The ships will operate initially in diesel-battery hybrid mode, with scope to scale up battery capacity for future full-electric operation. Read in Full
  10. 28Jan
    Vinssen, Samsung Heavy Industries and Amogy have launched a joint project to develop a 1 MW system using ammonia to generate electricity onboard ships. 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.

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Bunker Price Forecast - Q4 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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Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 339.50 1.50 699.00 3.00 724.50 3.50
Rotterdam 285.00 0.50 608.00 20.50 586.50 22.50
Houston 308.50 7.00 657.50 37.50 634.00 8.50
Fujairah 217.00 1.00 446.50 2.50 462.50 2.50

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.

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IMO 2050

  1. 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.
  2. 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. 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.
  2. VPS 2025 Marine Fuel Review
    Jan 26
    Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025.
  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. Riviera Marine Incorporates The Bunker Firm Group
    Jan 20
    The combined company has its headquarters in Monte Carlo as well as offices in Copenhagen, Fredericia, Athens and Dubai.
  5. Global Fuel Supply Expands Into South Africa
    Jan 19
    The firm has hired Jacqui Taylor as the first employee for its new Cape Town office.

Insights & Analysis More

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. ANALYSIS: Shipping's Jump in EU-ETS Costs Will Offset Bunker-Price Decline in 2026
    Jan 01
    While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping.
  10. Fujairah Bunker Sales Hit Five-Month Low in November
    Dec 30
    Bunker sales in Fujairah dropped for the third consecutive month in November.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Cosco's Retrofitted Methanol-Fuelled Boxship Completes 106-Day Maiden Voyage
    Jan 29
    The vessel was converted to run on methanol by engine manufacturer Everllence as part of the retrofit project.
  2. Japanese Multi-Fuel Ready Bulker Design Gets LR Approval
    Jan 29
    Oshima Shipbuilding's 64,000-dwt ultramax concept supports methanol, ammonia and LNG propulsion.
  3. CMA CGM's New Dual-Fuel Methanol Boxship Enters Service
    Jan 28
    The new vessel will be deployed on CMA CGM's Asia-South America service.
  4. Stena RoRo Orders Hybrid-Electric Vessels for 2029 Delivery
    Jan 28
    The ships will operate initially in diesel-battery hybrid mode, with scope to scale up battery capacity for future full-electric operation.
  5. Maritime Firms Back XFuel in New Funding to Scale Drop-in Fuel Technology for Shipping
    Jan 28
    NYK Line and Stolt Ventures back the company as it explores long-term offtake arrangements for its low-carbon fuels.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 458.00 6.50 696.50 6.00 389.50 9.00
Global 20 Ports Average 493.50 6.50 759.50 8.00 429.50 5.00
Global Average Bunker Price 535.50 4.00 794.00 5.50 440.00 3.50
Singapore 476.00 8.00 662.50 13.50 414.00 8.00
Rotterdam 435.50 3.50 681.00 5.50 389.50 5.00
Fujairah 463.00 8.00 747.50 11.50 399.00 13.50
Houston 457.00 6.00 694.50 7.50 355.00 8.00
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 462.00 4.50 - 420.00 10.50
Hong Kong 478.50 5.50 677.50 12.50 445.50 10.50
Istanbul 564.00 3.50 757.50 4.00 484.00 12.00
LA / LB 549.50 14.50 747.50 21.50 450.50 0.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 489.00 10.50 807.50 16.00 389.50 7.00
Cristobal, Panama - login to view prices or
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Piraeus 532.00 4.50 735.50 5.00 414.50 7.50
Santos 470.00 12.00 834.00 13.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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