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INTERVIEW: Former Peninsula Executive Launches New Bunker Firm
Suzun Marine Fuels aims to be the first global bunkering firm focused on truck-to-ship deliveries.
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17FebThe incident, involving an exchange of small-arms fire, was reported about 70 nautical miles southwest of Aden. Read in Full
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17FebA controlled test on a working vessel found lower fuel use and higher thrust after dosing a diesel additive. Read in Full
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17FebThe partnership was facilitated by ZEBOX, the innovation accelerator launched by French shipping firm CMA CGM. Read in Full
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17FebThe new facility is expected to begin operations in March 2029. Read in Full
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17FebAnthi S Tsigkou, with more than 15 years of experience in maritime law, has joined the firm as of this month. Read in Full
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17FebClaudene Sharp-Patel has joined the technical oversight committee of Anemoi. Read in Full
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17FebThe 307,000-dwt crude carrier is fitted with an open-loop scrubber system. Read in Full
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17FebThe centre is advancing work on efficiency technologies, wind propulsion and data-led optimisation. Read in Full
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17FebThe firm's dual-fuel hydrogen engine has been used to power Japan's first hydrogen-fuelled tugboat. Read in Full
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17FebThe International Chamber of Shipping warns US maritime action plan's proposed port fees on foreign-built ships could raise costs and disrupt global trade. 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 16The combined company will operate a fleet of more than 400 ships with capacity over 3 million TEU. -
Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker. -
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.
Insights & Analysis More
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Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
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Feb 16January HSFO sales jumped by 30.4% on the year, with the grade accounting for 41.6% of the total bunker sales. -
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.
Decarbonisation, Alternative Marine Fuels and Power More
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Feb 17The new facility is expected to begin operations in March 2029. -
Feb 17The firm's dual-fuel hydrogen engine has been used to power Japan's first hydrogen-fuelled tugboat. -
Feb 17The firm will supply a 100 kW solid oxide fuel cell unit for onboard demonstration. -
Feb 16Shipbuilder says new design could cut lifecycle emissions by over 90% using technologies expected to be viable by 2030. -
Feb 16Stakeholders in Mumbai discussed how to build demand and lower costs to enable commercially viable alternative marine fuel bunkering in India.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
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| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 466.50 | 0.00 | 685.50 | 2.00 | 405.50 | 2.50 |
| Global 20 Ports Average | 510.00 | 0.50 | 762.50 | 2.50 | 447.00 | 4.50 |
| Global Average Bunker Price | 555.00 | 1.50 | 801.50 | 2.00 | 455.50 | 4.50 |
| Singapore | 484.50 | 2.00 | 670.00 | 1.50 | 440.00 | 5.00 |
| Rotterdam | 450.50 | 4.50 | 675.50 | 0.00 | 402.00 | 1.00 |
| Fujairah | 476.00 | 7.00 | 743.00 | 0.00 | 420.00 | 6.00 |
| Houston | 455.50 | 4.50 | 654.50 | 6.50 | 359.50 | 2.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 482.00 | 1.50 | - | 434.50 | 3.00 | |
| Hong Kong | 498.00 | 5.50 | 690.50 | 1.00 | 482.00 | 7.50 |
| Istanbul | 639.50 | 19.50 | 777.50 | 1.00 | 487.00 | 8.00 |
| LA / LB | 531.50 | 4.00 | 752.50 | 2.50 | 461.50 | 8.50 |
| Las Palmas |
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| Mumbai |
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| New York | 507.00 | 0.00 | 769.50 | 0.50 | 391.00 | 0.50 |
| Cristobal, Panama |
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| Piraeus | 557.00 | 0.00 | 759.50 | 2.50 | 457.00 | 22.50 |
| Santos | 484.00 | 2.00 | 836.00 | 0.00 | - | |
| 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 | 510.00 | 0.50 | 762.50 | 2.50 |
| Global 4 Ports Average | 466.50 | 0.00 | 685.50 | 2.00 |
| Global Average Bunker Price | 555.00 | 1.50 | 801.50 | 2.00 |
| Singapore | 484.50 | 2.00 | 670.00 | 1.50 |
| Fujairah | 476.00 | 7.00 | 743.00 | 0.00 |
| Rotterdam | 450.50 | 4.50 | 675.50 | 0.00 |
| Houston | 455.50 | 4.50 | 654.50 | 6.50 |
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 17Suzun Marine Fuels aims to be the first global bunkering firm focused on truck-to-ship deliveries. -
Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
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Feb 17The International Chamber of Shipping warns US maritime action plan's proposed port fees on foreign-built ships could raise costs and disrupt global trade. -
Feb 16The arrests were carried out in Singapore on Friday afternoon. -
Feb 13Peninsula is seeking $109,885, as well as at least $200,000 in costs, from Norvic in a dispute over a hedging agreement. -
Feb 17Anthi S Tsigkou, with more than 15 years of experience in maritime law, has joined the firm as of this month. -
Feb 16The combined company will operate a fleet of more than 400 ships with capacity over 3 million TEU.