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Orderbook Adds 9 million MToE of Bunker Demand, 7.5 million of it Was for Oil
The 8 months prior to the start of 2026 also added 1.2 million MToE of LNG demand and 0.4 million MToE of methanol bunker demand.
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13FebPeninsula is seeking $109,885, as well as at least $200,000 in costs, from Norvic in a dispute over a hedging agreement. Read in Full
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13FebThe company has renewed its ISCC EU and ISCC PLUS certifications for biofuel bunker supply. Read in Full
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13FebCEO John Cooper says carbon compliance is becoming more fragmented by the month. Read in Full
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13FebPeninsula is embracing the market's increasing complexity as it makes future plans after celebrating 30 years in operation, COO Kenny MacLean tells Ship & Bunker. Read in Full
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13FebMaersk earlier this month took delivery of its 20th dual-fuel methanol container ship. 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.
Bunker Price Forecast - Q1 2026
Quarterly and full year bunker price forcast for 2026 and 2027. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.
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.
IMO 2050
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping. -
Jan 27The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
Top Stories More
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Feb 13Peninsula is embracing the market's increasing complexity as it makes future plans after celebrating 30 years in operation, COO Kenny MacLean tells Ship & Bunker. -
Feb 11If calmer trade conditions can prevail, growth may accelerate this year, KPI OceanConnect CEO Dorthe Bendtsen tells Ship & Bunker. -
Feb 10Ørsted offshore wind farm maintenance vessels will be the operation's first customers. -
Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 29The firm - at present a supplier of 10 PPM road diesel, exhaust fluid and additives - plans to expand into bunkering as well as setting up an oil brokerage platform.
Insights & Analysis More
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Feb 12Paul Bayliss of Fuelre4m discusses the need for collaboration to demonstrate the efficacy of decarbonisation technologies. -
Feb 06HSFO was the most sold bunker grade in Rotterdam, accounting for 36.6% of the total conventional and biofuel sales in 2025. -
Feb 05Ship & Bunker takes a closer look at the factors impacting low bunker margins. -
Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 28Even well-intentioned professionals can fall foul of the rules if they do not fully understand them. -
Jan 22The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows. -
Jan 19VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend.
Decarbonisation, Alternative Marine Fuels and Power More
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Feb 13CEO John Cooper says carbon compliance is becoming more fragmented by the month. -
Feb 13Peninsula is embracing the market's increasing complexity as it makes future plans after celebrating 30 years in operation, COO Kenny MacLean tells Ship & Bunker.
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Feb 13The project centres on onboard technology designed to convert LNG into lower-emission hydrogen fuel and solid carbon for maritime use. -
Feb 13The 9,000 CEU ammonia-ready car carrier will enter service on Grimaldi's Asia-Europe service. -
Feb 13The 8 months prior to the start of 2026 also added 1.2 million MToE of LNG demand and 0.4 million MToE of methanol bunker demand.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 474.50 | 0.00 | 697.50 | 1.50 | 409.50 | 5.00 |
| Global 20 Ports Average | 517.00 | 0.50 | 773.50 | 1.00 | 449.00 | 2.50 |
| Global Average Bunker Price | 558.00 | 10.50 | 808.50 | 5.50 | 457.00 | 0.50 |
| Singapore | 491.50 | 0.50 | 683.00 | 8.00 | 445.00 | 4.00 |
| Rotterdam | 455.00 | 2.00 | 688.50 | 3.00 | 410.50 | 7.50 |
| Fujairah | 482.00 | 3.50 | 749.50 | 0.50 | 423.00 | 6.00 |
| Houston | 470.50 | 2.00 | 668.50 | 1.50 | 360.50 | 4.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 483.50 | 0.50 | - | 442.00 | 6.00 | |
| Hong Kong | 504.00 | 2.00 | 705.00 | 1.50 | 488.00 | 12.50 |
| Istanbul | 626.00 | 0.00 | 782.50 | 0.50 | 484.50 | 1.00 |
| LA / LB | 561.00 | 12.50 | 775.00 | 11.00 | 469.00 | 1.50 |
| Las Palmas |
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| Mumbai |
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| New York | 515.00 | 5.50 | 772.00 | 7.50 | 394.50 | 7.00 |
| Cristobal, Panama |
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| Piraeus | 549.50 | 5.00 | 765.50 | 1.00 | 428.50 | 2.50 |
| Santos | 494.00 | 6.00 | 848.00 | 1.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 517.00 | 0.50 | 773.50 | 1.00 |
| Global 4 Ports Average | 474.50 | 0.00 | 697.50 | 1.50 |
| Global Average Bunker Price | 558.00 | 10.50 | 808.50 | 5.50 |
| Singapore | 491.50 | 0.50 | 683.00 | 8.00 |
| Fujairah | 482.00 | 3.50 | 749.50 | 0.50 |
| Rotterdam | 455.00 | 2.00 | 688.50 | 3.00 |
| Houston | 470.50 | 2.00 | 668.50 | 1.50 |
Bunker Jobs
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Feb 13The company is looking for candidates with a sound understanding of bunkering operations and experience in vessel operations. -
Feb 11The company is looking for energetic bunker traders to join its team and support its growth. -
Feb 10The company is looking for candidates with a marine or nautical degree and experience within the maritime or transport sector and with quality inspections. -
Feb 05The company is looking for candidates with experience, preferably in the LNG and bio-LNG industry. -
Feb 03The company is looking for candidates with proven experience in the bunker industry, deep connections to local suppliers and excellent English.
Popular Now More
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Feb 13The 8 months prior to the start of 2026 also added 1.2 million MToE of LNG demand and 0.4 million MToE of methanol bunker demand.
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Feb 11If calmer trade conditions can prevail, growth may accelerate this year, KPI OceanConnect CEO Dorthe Bendtsen tells Ship & Bunker.
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Feb 10A Port of Rotterdam spokesperson confirms Ship & Bunker that no LNG leak was detected after containers struck the bunker vessel. -
Feb 12The company had announced the acquisition of the 7,695 dwt tanker in December. -
Feb 12The UK has extended an operational licence for Lukoil's Bulgarian subsidiaries, including its bunker unit, allowing them to continue operating until August 13, 2026. -
Feb 13LR says December recorded the most off-spec bunker fuel cases in H2 2025, with spikes across several major ports. -
Feb 11Pressures on the bunker market may start to subside later on this year, Termoil General Manager Bjarke Staal tells Ship & Bunker.