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ANALYSIS: Singapore April Bunker Sales Gain 3.9% on Year Despite Tariff Turmoil
If the year-to-date total were replicated over the rest of 2025, this year's total for Singapore would reach 52.1 million mt, down by 4.4% from 2024's record high.
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16MayHowever, analysts warn again of a supply glut and potentially lower demand. Read in Full
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16MayZeroNorth and Veracity by DNV team up to streamline maritime emissions compliance. Read in Full
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16MayVitol Bunkers has launched a barge-based physical supply operation in West Africa. Read in Full
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16MayThis operation marked the 400th LNG bunkering operation for FueLNG. Read in Full
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16MayThe company is looking for candidates either with previous bunker trading experience or a solid background in business or sales, as well as fluent English and Greek. Read in Full
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16MayTigonic has begun supplying VLSFO and MGO by barge at Khor Fakkan. Read in Full
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16MayHy2gen's Atlantis plant has become Germany's first facility certified to produce e-methane and green hydrogen under the EU's RFNBO rules. Read in Full
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16MayAbout 445 vessels arrived for bunkers in April in Gibraltar – the highest since November 2024. Read in Full
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16MayThe new hire was previously a credit analyst for PMG Energies in Greece. Read in Full
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16MayThe vessel will be used to safely transport liquified CO2 in Europe. Read in Full
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16MayShip & Bunker's G20-VLSFO Index was little changed at $540/mt on Thursday, having reached its highest level since April 4 the previous day. Read in Full
MEPC 83 & IMO 2028
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Apr 30The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs.
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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 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.

Top Stories More
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May 16If the year-to-date total were replicated over the rest of 2025, this year's total for Singapore would reach 52.1 million mt, down by 4.4% from 2024's record high.
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May 13The firm will no longer take on new business after more than 45 years in bunkering.
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May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
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May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
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May 05BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022.
Insights & Analysis More
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May 16If the year-to-date total were replicated over the rest of 2025, this year's total for Singapore would reach 52.1 million mt, down by 4.4% from 2024's record high.
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May 06Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
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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 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.
Yemen & Red Sea Attacks
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May 13The Suez Canal Authority has announced a 15% rebate on transit dues for container ships of 130,000 tonnes or more.
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May 09Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.
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May 08Executives from CMA CGM and the Suez Canal Authority held talks this week to explore a full return to Suez Canal transits.
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May 08Houthis claim they have carried out strikes at various warships in the Red Sea, including a US aircraft carrier.
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May 07"They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
Decarbonisation and Alternative Marine Fuels & Power More
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May 15A report states that fragmented safety regulations are holding back the widespread adoption of battery and shore power systems.
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May 13The firm will supply power systems for a new container vessel.
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May 13The South Korean government plans to invest $40.5 million this year to develop the demonstration vessel.
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May 12The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty.
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May 08The vessel can be remotely operated for up to 30 days without recharging or refuelling.
Latest Bunker Prices See All Bunker Prices
VLSFO | MGO | IFO380 | ||||
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$/mt | +/- | $/mt | +/- | $/mt | +/- | |
Global 4 Ports Average | 496.00 | 3.00 | 647.00 | 1.50 | 423.00 | 0.50 |
Global 20 Ports Average | 539.00 | 1.00 | 720.00 | 3.00 | 469.00 | 0.00 |
Global Average Bunker Price | 572.50 | 2.00 | 765.00 | 3.00 | 482.50 | 0.50 |
Singapore | 523.50 | 6.50 | 613.00 | 6.00 | 443.50 | 4.00 |
Rotterdam | 472.50 | 2.50 | 630.50 | 4.50 | 424.50 | 1.00 |
Fujairah | 520.00 | 13.00 | 724.00 | 10.50 | 426.00 | 2.50 |
Houston | 468.00 | 2.50 | 619.50 | 4.50 | 398.00 | 0.00 |
Busan |
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Colombo |
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Durban |
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Gibraltar | 531.00 | 0.00 | - | 478.00 | 3.50 | |
Hong Kong | 530.50 | 10.50 | 622.50 | 12.00 | 463.00 | 2.00 |
Istanbul | 633.00 | 0.50 | 732.00 | 7.00 | 544.00 | 0.50 |
LA / LB | 558.50 | 3.00 | 679.00 | 6.50 | 462.50 | 4.00 |
Las Palmas |
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Mumbai |
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New York | 494.50 | 3.00 | 681.50 | 6.00 | 424.50 | 2.00 |
Cristobal, Panama |
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Piraeus | 562.00 | 2.50 | 700.00 | 8.50 | 460.50 | 4.50 |
Santos | 507.00 | 1.00 | 762.50 | 0.00 | - | |
Shanghai |
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St Petersburg | 527.50 | 5.00 | 715.00 | 0.00 | 413.00 | 0.00 |
Tokyo |
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