Latest News
MPA Mulls Expanding Mass Flow Meter Mandate to Methanol Bunkering
The MPA is now looking into how the measurement systems can be used for methanol, a spokesman for the authority tells Ship & Bunker.
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17OctChina's vague new housing policy also contributed to bearish sentiment. Read in Full
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17OctHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 10 – October 16, 2024. Read in Full
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17OctShell has reportedly ordered 10 conventionally-fuelled product tankers equipped with scrubbers. Read in Full
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17OctIf the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high. Read in Full
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17OctThe new hire was previously a senior procurement specialist for marine fuel trading firm Oilmar. Read in Full
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17OctThe firm has taken delivery of the dual-fuelled Poseidon Highway, with a capacity of 7,000 vehicles, and held a naming ceremony for the vessel in Japan. Read in Full
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17OctShip & Bunker's G20-VLSFO Index lost $3/mt to $605.50/mt on Wednesday, remaining at the lowest level since October 3. Read in Full
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17OctThe system is expected to cut fuel consumption and CO2 emissions by about 6-12%. Read in Full
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17OctThe company is looking for candidates with three to five years of bunker trading experience and fluent English. Read in Full
Insights & Analysis More
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Oct 17If the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high. -
Oct 15Mustafa El Zein, new fuels advisor at Glander International Bunkering, discusses recent developments in the LNG bunker market. -
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker. -
Oct 03Global bunker hub demand continued to climb on a yearly basis in Q2, with Red Sea diversions the largest factor setting the market's direction. -
Oct 01New methanol production coming online in Asia will provide opportunities for its use as a bunker fuel there, Fratelli Cosulich's Guido Cardullo tells Ship & Bunker. -
Oct 01Steve Bee, group commercial director of VPS, discusses how to avoid fuel quality problems affecting your ship. -
Sep 25Matthias Winkler of fuel analysis firm CMT discusses ways shipowners can improve efficiency by paying closer attention to engine performance. -
Sep 25VPS sets out its guidance on upcoming changes to EU regulations for the offshore segment. -
Sep 18Investors in decarbonisation projects will be waiting for more clarity on regulations before committing to new activity, IBIA's Edmund Hughes tells Ship & Bunker.
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.
Yemen & Red Sea Attacks
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Oct 10The ship came under attack about 70 nautical miles south-west of Al Hudaydah at 00:10 AM UTC on Thursday. -
Oct 01Change of status should come into force next year -
Oct 01The ship came under attack about 97 nautical miles north-west of Al Hudaydah at 4:15 AM UTC on Tuesday, following a separate incident earlier in the morning. -
Oct 01The ship came under attack about 64 nautical miles north-west of Al Hudaydah at 1:40 AM UTC on Tuesday. -
Sep 30Israeli aircraft attacked the ports of Ras Isa and Hodeidah on Sunday.
Top Stories More
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Oct 17If the total from the first nine months of the year were to be replicated over the rest of 2024, this year's total for Singapore would reach 53.96 million mt, up by 4.1% from 2023's record high.
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Oct 15The firm has a total of four bunker delivery vessels capable of handling methanol on the way by the end of 2025, COO Choong Sheen Mao tells Ship & Bunker. -
Oct 09The acquisition will add to Minerva's supply footprint in the Americas, Minerva CEO Tyler Baron tells Ship & Bunker. -
Oct 09The firm will add physical LNG and mass balanced LBM to its supply portfolio in Northwest Europe from January 2025. -
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker.
Decarbonisation and Alternative Marine Fuels & Power More
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Oct 14EMSA is is planning to publish a report on nuclear propulsion next year, Executive Director Maja Markovčić Kostelac tells Ship & Bunker. -
Oct 14Nuclear is one of the long-term options under consideration at Maersk, Maersk Oil Trading CEO Emma Mazhari tells Ship & Bunker. -
Oct 14The 2040 indicative checkpoint for GHGs goal will require much more work for the shipping industry to achieve, the IMO's secretary general emeritus tells Ship & Bunker. -
Oct 11The technology's downsides may prove insurmountable in many cases, according to one shipping executive. -
Oct 09The industry is waiting for a revision of the IMO's CII regulation to take into account carbon capture systems' savings in GHG emissions, a carbon capture provider tells Ship & Bunker.
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Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 564.50 | 0.00 | 680.00 | 1.50 | 467.00 | 1.00 |
| Global 20 Ports Average | 605.00 | 0.50 | 744.00 | 0.50 | 500.50 | 2.00 |
| Global Average Bunker Price | 647.50 | 1.50 | 811.00 | 1.50 | 547.00 | 1.50 |
| Singapore | 589.50 | 2.00 | 651.50 | 2.00 | 470.50 | 1.00 |
| Rotterdam | 552.50 | 5.00 | 650.50 | 3.00 | 481.00 | 0.00 |
| Fujairah | 578.50 | 4.00 | 760.50 | 2.00 | 452.00 | 2.00 |
| Houston | 537.50 | 2.00 | 658.50 | 8.00 | 464.50 | 0.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 582.00 | 3.00 | - | 542.00 | 0.50 | |
| Hong Kong | 597.00 | 0.50 | 658.00 | 0.50 | 481.50 | 4.50 |
| Istanbul | 619.50 | 1.50 | 736.50 | 4.00 | 570.00 | 3.00 |
| LA / LB | 599.50 | 8.50 | 718.00 | 13.00 | 497.50 | 11.00 |
| Las Palmas |
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| Mumbai |
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| New York | 571.50 | 4.50 | 695.50 | 6.50 | 539.00 | 2.50 |
| Cristobal, Panama |
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| Piraeus | 635.00 | 2.50 | 729.00 | 12.50 | 523.50 | 0.00 |
| Santos | 603.00 | 16.00 | 822.00 | 23.00 | - | |
| Shanghai |
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| St Petersburg | 573.00 | 2.00 | 721.50 | 8.00 | 408.00 | 2.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 605.00 | 0.50 | 744.00 | 0.50 |
| Global 4 Ports Average | 564.50 | 0.00 | 680.00 | 1.50 |
| Global Average Bunker Price | 647.50 | 1.50 | 811.00 | 1.50 |
| Singapore | 589.50 | 2.00 | 651.50 | 2.00 |
| Fujairah | 578.50 | 4.00 | 760.50 | 2.00 |
| Rotterdam | 552.50 | 5.00 | 650.50 | 3.00 |
| Houston | 537.50 | 2.00 | 658.50 | 8.00 |
Bunker Jobs
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Oct 17The company is looking for candidates with three to five years of bunker trading experience and fluent English. -
Oct 16The company is looking for candidates with a degree in maritime studies and experience from the shipping or commodity industries. -
Oct 15The company is looking for candidates with previous experience as a bunker trader and an established portfolio. -
Oct 14A leading LNG bunker firm is seeking a sales manager in Europe, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Oct 10The company is looking for candidates with at least five years of experience in bunker trading.
Popular Now More
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Oct 16Cepsa expects a significant expansion in global biofuel blend sales from 2025. -
Oct 15The firm has a total of four bunker delivery vessels capable of handling methanol on the way by the end of 2025, COO Choong Sheen Mao tells Ship & Bunker.
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Oct 17More details about China's stimulus package also fail to impress. -
Oct 16The company expects to run two to four of its vessels on synthetic methanol within the next five years. -
Oct 16About 10% of the firm's bunker consumption in 2024 has been of B30 blends. -
Oct 16The ISO 8217:2024 specifications were published in May, in the first full update to the standards since 2017, and meetings are already being held on the next revision. -
Oct 17The new hire was previously a senior procurement specialist for marine fuel trading firm Oilmar.