Latest News

New Bunker Supplier Ankora Fuels Launches on US East Coast

New Bunker Supplier Ankora Fuels Launches on US East Coast

Ankora Fuels will initially focus on MGO and ULSMGO deliveries by barge and truck in the Port of New York and New Jersey, co-founder John Barbarise III tells Ship & Bunker.
  1. 01Jul
    The company is looking for candidates with fluent English, a relevant degree and preferably knowledge of and experience in maritime logistics. Read in Full
  2. 29Jun
    Yet, fundamentals still point to a robust second-half 2024. Read in Full
  3. 28Jun
    Crowley's battery-powered tug the eWolf was christened at the Port of San Diego this week. Read in Full
  4. 28Jun
    The company has signed a new 10-year preferential berthing agreement with the Port of Seattle. Read in Full
  5. 28Jun
    The ship came under attack about 150 nautical miles north-west of Al Hudaydah at 6:52 AM UTC on Friday. Read in Full
  6. 28Jun
    Mathias Mark Jørgensen has joined the company as its group financial controller as of this month. Read in Full
  7. 28Jun
    The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year. Read in Full
  8. 28Jun
    The company is reportedly planning an expansion ti Singapore, the UAE and Malta, as well as considering acquiring storage capacity in Greece. Read in Full
  9. 28Jun
    May's total was down by 0.8% from a year earlier, by 3.7% from April's level and the lowest since November. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 378.00 3.00 778.00 4.00 806.00 4.50
Rotterdam 361.00 4.50 743.50 11.00 770.50 11.50
Houston 362.00 3.50 744.50 4.00 772.00 4.50
Fujairah 317.00 6.50 653.50 18.00 677.00 19.00

Insights & Analysis More

  1. Carnival Expects to Spend $15 Million on EU-ETS Compliance This Year
    Jun 28
    The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year.
  2. INSIGHT: Can a Green/Conventional Methanol Blend Be a Sound Transitional Fuel?
    Jun 24
    Eddy Van Bouwel of EvBo Consult discusses whether blends of conventional and green methanol make sense as a means of maritime decarbonisation.
  3. Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications
    Jun 24
    While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.
  4. VIEWPOINT: Unforeseen Consequences: Preparing the Industry for Ongoing Disruption
    Jun 18
    Shipping routes are continuously impacted by geopolitical conflict, growing climate change concerns, weather emergencies, market demands, large-scale disruptions, and more.
  5. ANALYSIS: Singapore May Bunker Sales Jump to Four-Month High
    Jun 14
    May's total was the highest since January.
  6. Single-Supplier Ports Likely to Be Next Locations for MFMs: 2050 Marine Energy
    Jun 14
    The industry may have reached a tipping-point on MFMs where more and more suppliers and regulators drive uptake of the systems, 2050 Marine Energy's Adrian Tolson tells Ship & Bunker.
  7. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand
    Jun 13
    The current orderbook represents 33.8 million mt of bunker demand. 15.6 million mt (46%) of that demand is alternative bunker fuels.

Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.

Click to Read in Full

Yemen & Red Sea Attacks

  1. UK Reports New Ship Attack in Red Sea
    Jun 28
    The ship came under attack about 150 nautical miles north-west of Al Hudaydah at 6:52 AM UTC on Friday.
  2. UK Reports New Ship Attack in Red Sea
    Jun 27
    The ship came under attack about 83 nautical miles south-west of Al Hudaydah at 6:44 AM UTC on Thursday.
  3. UK Reports New Ship Attack in Gulf of Aden
    Jun 26
    The ship cane under attack about 52 nautical miles south of Aden at 5 PM UTC on Tuesday.
  4. UK Reports New Ship Attack in Arabian Sea
    Jun 24
    The ship came under attack about 246 nautical miles south-east of Nishtun in Yemen at 4:44 AM UTC on Monday.
  5. Vessel Abandoned in Arabian Sea After Flooding
    Jun 24
    The ship issued a distress call while about 96 nautical miles south-east of Nishtun in Yemen at 8:41 AM UTC on Sunday.

Top Stories More

  1. Bunker Holding Lost Around $125 Million From African Onshore Business PSTV Cargo
    Jun 26
    The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker.
  2. Bunker Holding Pre-Tax Earnings Slumped by 43% in 2023/24
    Jun 25
    Revenue sank to $14.5 billion from $16.6 billion a year earlier.
  3. 'Annus Horribilis' for Bunker Holding Parent Company USTC in 2023/2024
    Jun 25
    Bunker Holding's earnings were hit by the termination of cargo activities in Africa, its parent company said.
  4. Bunker Industry Prepares for More Rapid Implementation of New ISO Specifications
    Jun 24
    While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time.
  5. Beaches Close in Singapore as 400 MT VLSFO Spill Reaches Shore
    Jun 17
    About 400 mt of VLSFO was spilled in Friday's accident, according to MPA CEO Eng Dih Teo.

Decarbonisation and Alternative Marine Fuels & Power More

  1. First All-Electric Harbour Tug in US Enters Service
    Jun 28
    Crowley's battery-powered tug the eWolf was christened at the Port of San Diego this week.
  2. Carnival Expects to Spend $15 Million on EU-ETS Compliance This Year
    Jun 28
    The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year.
  3. VPS Launches Partnership With Blue Water Trade WInds
    Jun 27
    The two firms will work to integrate Blue Water Optimum Speed Services with VPS's suite of data-driven decarbonisation services.
  4. Cepsa Sees Room for Optimism on Biofuel Availability for FuelEU Maritime Compliance
    Jun 27
    Samir Fernandez, director of Cepsa Marine Fuel Solutions, sees the scale of biofuel demand from shipping leading to more supply.
  5. GCMD to Work With OGCI on Maritime Decarbonisation
    Jun 27
    The two organisations have signed a two-year coalition partnership agreement.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 612.50 4.50 798.50 6.50 510.50 2.50
Global 20 Ports Average 638.00 0.50 849.00 4.50 543.00 2.50
Global Average Bunker Price 678.50 3.00 904.50 3.50 580.00 4.00
Singapore 630.50 3.00 770.50 5.50 526.00 0.00
Rotterdam 577.50 4.50 772.00 4.00 504.50 3.50
Fujairah 632.50 6.50 864.00 5.00 525.50 3.00
Houston 609.50 3.50 788.00 11.50 485.50 4.00
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 614.00 5.00 - 550.00 9.50
Hong Kong 636.50 3.50 755.00 6.50 545.00 1.00
Istanbul 647.00 4.50 841.50 1.00 600.00 15.00
LA / LB 643.50 3.50 844.00 2.00 507.50 3.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 630.50 2.00 790.00 2.00 532.50 2.50
Cristobal, Panama - login to view prices or
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Piraeus 662.50 0.50 823.50 9.00 529.50 8.00
Santos 667.00 8.00 908.00 10.00 -
Shanghai - login to view prices or
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St Petersburg 568.00 3.00 739.00 12.00 491.00 11.00
Tokyo - login to view prices or
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