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INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms

INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms

Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  1. 20Feb
    The company is looking for candidates with maritime industry experience and knowledge of commodity markets. Read in Full
  2. 20Feb
    Refiner is reported to have leased a 300,000 mt storage vessel. Read in Full
  3. 20Feb
    FuelBoss by Ofiniti becomes the sixth e-BDN service provider approved by the Maritime and Port Authority of Singapore. Read in Full
  4. 20Feb
    The EU has agreed on a 16th package of sanctions on Russia, which will target Russia's shadow fleet. Read in Full
  5. 20Feb
    The new hire was previously a senior marine fuel trader in Fujairah for Gulf Petrol Supplies. Read in Full
  6. 20Feb
    Li Yun Chang has joined the company as a bunker trader in Rotterdam as of last month. Read in Full
  7. 20Feb
    The vessel can operate using battery power, LNG or a combination of both. Read in Full
  8. 20Feb
    South Korea is the 11th country in which the marine fuel supplier has set up a trading office. Read in Full
  9. 20Feb
    Ship & Bunker's G20-VLSFO Index gained $2/mt to its highest level since February 12 on Wednesday. Read in Full
  10. 20Feb
    The maritime watchdog has developed interim guidelines for training seafarers working on ships powered by alternative marine fuels and new technologies. Read in Full
  11. 20Feb
    Titan argues that while STS LNG bunkering is widely used, truck deliveries remain essential as they provide added flexibility for customers. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 374.50 4.00 770.00 5.00 798.50 5.50
Rotterdam 360.50 2.00 741.50 34.50 769.00 35.50
Houston 393.00 2.50 809.00 20.00 838.50 21.00
Fujairah 254.50 3.00 523.50 2.00 543.00 2.00

Top Stories More

  1. INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms
    Feb 19
    Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  2. CMA CGM Announces New Route Passing Through Red Sea
    Feb 19
    The move potentially signals a more relaxed attitude to the risk of Houthi attacks after the ceasefire in Gaza.
  3. MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
    Feb 19
    2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
  4. INTERVIEW: Eitzen launches Christiania Energy in Denmark
    Feb 17
    Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
  5. Bunker Holding to Be Presented With Potential Acquisition Case Next Week
    Feb 14
    The firm's executive management team is set to be presented with a potential acquisition case next week, CEO Keld Demant tells Ship & Bunker.

Insights & Analysis More

  1. INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms
    Feb 19
    Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  2. MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
    Feb 19
    2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
  3. INTERVIEW: Eitzen launches Christiania Energy in Denmark
    Feb 17
    Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
  4. INTERVIEW: SEA-LNG Sees 'The Game Just Starting' on LNG Bunkering
    Feb 07
    SEA-LNG still sees the current state of play as an early stage in LNG's development, Chairman Peter Keller tells Ship & Bunker.
  5. FEATURE: Shipping, Bunker Markets Mull Pros and Cons of New U.S. Tariffs
    Feb 03
    Bunker Holding, Xeneta among those sharing their view with Ship & Bunker.
  6. VPS: How to Engineer and Manage Green Shipping Fuels
    Jan 30
    Stanley George, VPS Group technical and science manager, discusses some of the technical challenges posed by the current marine fuel mix.
  7. INTERVIEW: Burando Energies Sees HSFO Reaching 40% of Rotterdam Bunker Sales in 2025
    Jan 29
    Burando is preparing for increased HSFO sales at the Northwest European hub, General Manager Felix Vertommen tells Ship & Bunker.
  8. INSIGHT: A Comparative Analysis of Alternative Fuels for Sustainable Maritime Shipping
    Jan 28
    Eliseo Curcio, director of clean technologies at Blend Tiger, discusses the relative advantages of the range of alternative fuels being offered to the shipping industry.

Yemen & Red Sea Attacks

  1. Suez Canal Authority Expects Normalisation of Traffic From Late March: Report
    Feb 11
    The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.
  2. Algoa Bay Bunkering Set to Resume Following Shutdown in Sep 2023
    Jan 30
    Offshore bunkering is available again at the Algoa Bay anchorage, a local shipping agent tells Ship & Bunker.
  3. Crew Flees Ship as Fire Breaks Out in Red Sea
    Jan 29
    Initial indications suggest the fire was caused by onboard hazardous cargo rather than an external attack.
  4. CMA CGM Joins Maersk in Continuing to Reroute Ships Away from Red Sea
    Jan 27
    French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.

Decarbonisation and Alternative Marine Fuels & Power More

  1. IMO Moves Forward with Alternative Fuel Training Guidelines for Seafarers
    Feb 20
    The maritime watchdog has developed interim guidelines for training seafarers working on ships powered by alternative marine fuels and new technologies.
  2. INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms
    Feb 19
    Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  3. INTERVIEW: Eitzen launches Christiania Energy in Denmark
    Feb 17
    Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
  4. CSC Urges IMO Member States to Align Levy and Fuel Standard with Revised CII
    Feb 17
    The Clean Shipping Coalition says GHG fuel standard and carbon levy should align with the revised CII.
  5. ICS Sees Growing Support from Member States for Carbon Levy at IMO
    Feb 17
    The International Chamber of Shipping (ICS) argues that a carbon levy provides the best means of shipping decarbonisation.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 561.00 2.50 717.00 0.50 480.50 3.00
Global 20 Ports Average 596.50 2.00 778.50 10.00 518.50 4.50
Global Average Bunker Price 640.00 0.00 829.00 3.00 526.00 0.50
Singapore 574.50 4.00 692.00 0.50 506.50 7.50
Rotterdam 540.00 2.00 680.00 1.00 466.00 1.50
Fujairah 570.00 3.00 770.50 1.50 490.00 2.50
Houston 560.50 2.50 726.00 3.00 459.00 2.00
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 571.50 3.00 - 516.50 1.00
Hong Kong 585.00 4.50 704.50 1.50 518.00 4.50
Istanbul 605.00 6.50 764.00 10.50 564.50 9.00
LA / LB 650.50 3.50 796.00 5.50 567.00 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 559.00 1.00 769.00 7.50 513.50 1.50
Cristobal, Panama - login to view prices or
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Piraeus 626.50 2.00 765.50 3.50 501.00 3.00
Santos 567.00 3.00 783.50 2.00 -
Shanghai - login to view prices or
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St Petersburg 561.00 1.00 718.00 0.00 418.00 12.00
Tokyo - login to view prices or
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