Latest News
Bunker Prices Forecast to be Under $500/mt throughout 2026
Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.
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25AprStill, metrics paint a far more favourable picture of market health. Read in Full
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25AprIf its year-to-date performance were replicated over the remainder of 2025, the port would see total sales of 9.2 million mt this year, the least since 2020. Read in Full
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25AprThe EU now requires all ships in its waters to report insurance details, regardless of whether they call at an EU port. Read in Full
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25AprThe B24 blend supplied contained conventional fuel produced by Petrobras' refineries. Read in Full
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25AprThe company is looking for candidates with proven experience of the bunker industry and a strong customer-service focus. Read in Full
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25AprEven in not-so-great windy conditions, the suction sails from Bound4blue delivered 15-20% energy saving. Read in Full
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25AprThe biofuel produced by Mash Makes was trialled on its vessel for a voyage between Singapore and Brazil. Read in Full
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25AprGlobal VLSFO prices jumped on Thursday, erasing the previous two days' losses. Read in Full
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25AprThis would mean the US authorities will closely scrutinise the carrier's operations, pricing and compliance. Read in Full
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25AprThe firm bunkered an MSC boxship with 5,000 m3 of LNG in Algeciras, the largest Spanish port. Read in Full
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24AprHowever, a weak U.S. dollar was mainly responsible for an uptick in oil prices. Read in Full
MEPC 83 & IMO 2028
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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. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028. -
Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO. -
Apr 15The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028. -
Apr 14While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator. -
Apr 11IMO secretary-general Arsenio Dominguez says the agreement reached this week should be seen as a positive outcome. -
Apr 10IMO's team approach will get the job done despite US delegation no-show. -
Apr 09A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'.
Top Stories More
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Apr 25Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago. -
Apr 24Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker. -
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.
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
Insights & Analysis More
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Apr 24Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends. -
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.
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 17If the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal. -
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
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Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14Steve Bee of VPS discusses how to avoid engine damage from cat fines. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
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Apr 11While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker.
Yemen & Red Sea Attacks
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Apr 21The move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 24Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
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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.
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Apr 22Carbon capture's profitability under the IMO 2028 deal will depend upon the system used and how the carbon is disposed of, a Value Maritime representative tells Ship & Bunker. -
Apr 21Indonesia is partnering with HDF Energy to explore solar-powered green hydrogen as a pathway to decarbonise its shipping sector. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 483.00 | 2.00 | 644.50 | 0.50 | 424.50 | 2.00 |
| Global 20 Ports Average | 526.50 | 0.50 | 712.00 | 0.50 | 461.00 | 0.50 |
| Global Average Bunker Price | 570.50 | 1.50 | 751.00 | 1.00 | 477.00 | 0.00 |
| Singapore | 504.50 | 2.50 | 620.00 | 3.00 | 445.50 | 0.50 |
| Rotterdam | 456.00 | 1.50 | 621.50 | 2.00 | 421.00 | 1.50 |
| Fujairah | 496.50 | 2.00 | 713.00 | 2.50 | 429.50 | 7.00 |
| Houston | 476.00 | 7.00 | 624.00 | 1.00 | 402.00 | 0.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 500.00 | 4.50 | - | 470.00 | 0.50 | |
| Hong Kong | 512.50 | 2.50 | 623.50 | 0.00 | 468.00 | 0.50 |
| Istanbul | 597.50 | 5.00 | 709.50 | 3.00 | 510.00 | 3.00 |
| LA / LB | 542.50 | 5.00 | 690.50 | 2.00 | 468.50 | 7.00 |
| Las Palmas |
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| Mumbai |
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| New York | 497.00 | 0.00 | 670.00 | 2.00 | 442.00 | 2.50 |
| Cristobal, Panama |
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| Piraeus | 545.50 | 2.50 | 689.50 | 6.50 | 453.50 | 1.00 |
| Santos | 504.00 | 0.00 | 787.00 | 0.00 | - | |
| Shanghai |
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| St Petersburg | 556.00 | 0.00 | 712.00 | 0.00 | 410.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 526.50 | 0.50 | 712.00 | 0.50 |
| Global 4 Ports Average | 483.00 | 2.00 | 644.50 | 0.50 |
| Global Average Bunker Price | 570.50 | 1.50 | 751.00 | 1.00 |
| Singapore | 504.50 | 2.50 | 620.00 | 3.00 |
| Fujairah | 496.50 | 2.00 | 713.00 | 2.50 |
| Rotterdam | 456.00 | 1.50 | 621.50 | 2.00 |
| Houston | 476.00 | 7.00 | 624.00 | 1.00 |
Bunker Jobs
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Apr 25The company is looking for candidates with proven experience of the bunker industry and a strong customer-service focus. -
Apr 24The company is looking for candidates with at least three years of bunker trading experience and fluent English. -
Apr 22The company is looking for candidates with sales experience, particularly in maritime or fuels. -
Apr 15The company is looking for candidates with some experience in shipping, maritime or the oil industry and fluent Vietnamese and English. -
Apr 14The company is looking for candidates with proven bunker surveying experience and fluent English and Dutch.
Popular Now More
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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.
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Apr 24Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker.
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Apr 24FincoEnergies has partially acquired the business operations of bunker supplier Oliehandel Klaas de Boer. -
Apr 24Steve Bee of VPS discusses the potential for cashew nut shell liquid to be used as a biofuel component in bunker blends.
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Apr 24The 113,000 m3 capacity floating storage unit will store VLSFO, HSFO and MGO. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 24Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 17 – April 23, 2025.