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ElbOil Signs Green Methanol Deal in China

ElbOil Signs Green Methanol Deal in China

The deal envisages the delivery of up to 1 million mt/year of green methanol as a bunker fuel from early 2027.
  1. 23Oct
    Meanwhile, Ukraine strikes yet another major Russian oil refinery. Read in Full
  2. 23Oct
    The US announced new sanctions on Russian state oil firm Rosneft and private company Lukoil on Wednesday in response to the ongoing war in Ukraine. Read in Full
  3. 23Oct
    The firm recently bunkered Brittany Ferries' ship the Saint-Malo with bio-LNG at Portsmouth. Read in Full
  4. 23Oct
    Tyre pyrolysis oil can be used in marine fuels and for road transport. Read in Full
  5. 23Oct
    Raija Koch and Sönke Diesener of NABU set out their view on the role of scrubbers in the shipping industry. Read in Full
  6. 23Oct
    The company is looking for candidates with a strong commercial mindset and positive attitude. Read in Full
  7. 23Oct
    Louise Tricoire has stepped down as SVP for aviation and marine fuels at French energy firm TotalEnergies. Read in Full
  8. 23Oct
    Global VLSFO prices are at their highest level in almost a week. Read in Full
  9. 22Oct
    But unexpected U.S. stock draws won't offer much long-term support: analysts. Read in Full
  10. 22Oct
    The company is looking for candidates with at least ten years of experience in marine fuels, bunkering or related shipping and energy services. Read in Full

IMO 2050

  1. European Biofuel Bunker Demand to Retain Momentum Despite IMO Delay: CSC Commodities
    Oct 21
    EU regulations are likely to continue delivering growth to global biofuel demand, Bastien Declercq of CSC Commodities tells Ship & Bunker.
  2. Intercargo: IMO Needs to Find 'Realistic, Practical and Globally Workable' GHG Plan
    Oct 21
    The IMO now needs to engage with industry to find a way through after last week's setback, according to dry bulk shipping group Intercargo.
  3. IMO NZF Opponents' Reasoning 'Had Very Little to Do With Shipping'
    Oct 20
    Bunker Holding's Maria Skipper Schwenn said the firm will continue to support the IMO's NZF.
  4. IBIA Sees Need for 'Diplomatic Scars' to Heal at IMO After NZF Delay
    Oct 20
    IBIA had not expected the IMO's NZF to be delayed, and remains supportive of efforts to decarbonise shipping at a global level.
  5. IMO's MEPC Meeting Votes to Delay Adoption of Net-Zero Framework
    Oct 17
    57 delegations voted to delay, 49 countries opposed the motion and 21 abstained.
  6. INSIGHT: How Will The EU React to the IMO Net-Zero Framework?
    Oct 15
    Dr Richard Burchill of UNUCRIS and R. Tim Eestermans of MacroScope Strategies discuss the potential interaction between EU and IMO decarbonisation regulations.
  7. INSIGHT: How Carbon Pricing Will Reshape Global Bunkering
    Oct 15
    Matthis Pasche of Glander International Bunkering discusses developments in GHG regulation for the shipping industry.
  8. US Warns of Visa Restrictions and Sanctions for Countries Backing IMO 2028 Deal
    Oct 11
    The US has been a longstanding opponent of the IMO 2028 deal, and has repeatedly threatened reprisals against countries supporting it.
  9. ANALYSIS: GHG Compliance May Be Higher Cost Than Bunkers for Some Ships in 2026
    Oct 01
    Some ships on intra-EU voyages may end up paying more for GHG emissions compliance than for fuel in 2026.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 338.50 2.00 696.00 4.00 721.50 4.50
Rotterdam 284.00 2.00 584.00 5.00 605.50 5.00
Houston 322.00 15.00 662.50 31.00 686.50 32.50
Fujairah 211.00 2.00 434.00 4.50 450.00 5.00

Bunker Price Forecast - Q3 2025

Quarterly and full year bunker price forcast for 2025 and 2026. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

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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.

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Top Stories More

  1. Global LNG Bunker Demand Heads for 4 Million Mt in 2025 as Asian Market Share Grows
    Oct 22
    The strongest growth is coming from Asia, according to the report, with this region's share of global demand climbing to 47% in the first three quarters of 2025.
  2. European Biofuel Bunker Demand to Retain Momentum Despite IMO Delay: CSC Commodities
    Oct 21
    EU regulations are likely to continue delivering growth to global biofuel demand, Bastien Declercq of CSC Commodities tells Ship & Bunker.
  3. IMO's MEPC Meeting Votes to Delay Adoption of Net-Zero Framework
    Oct 17
    57 delegations voted to delay, 49 countries opposed the motion and 21 abstained.
  4. INSIGHT: How Will The EU React to the IMO Net-Zero Framework?
    Oct 15
    Dr Richard Burchill of UNUCRIS and R. Tim Eestermans of MacroScope Strategies discuss the potential interaction between EU and IMO decarbonisation regulations.
  5. US Warns of Visa Restrictions and Sanctions for Countries Backing IMO 2028 Deal
    Oct 11
    The US has been a longstanding opponent of the IMO 2028 deal, and has repeatedly threatened reprisals against countries supporting it.

Insights & Analysis More

  1. VIEWPOINT: Time to Pull the Plug on Scrubbers in Shipping
    Oct 23
    Raija Koch and Sönke Diesener of NABU set out their view on the role of scrubbers in the shipping industry.
  2. Rotterdam Q3 Bunker Sales Drop 4% Y-o-Y as VLSFO Demand Shrinks
    Oct 17
    VLSFO sales declined for the fourth consecutive quarter in Q3 2025.
  3. INSIGHT: Who Really Benefits From LNG?
    Oct 16
    Fuelre4m CEO Rob Mortimer sets out his view on the emergence of LNG as an alternative marine fuel.
  4. HSFO Demand Lifts Fujairah September Bunker Sales by 3.9% on the Year
    Oct 16
    Fujairah's HSFO sales jumped to a record high in September, with the grade accounting for 35.9% of the total sales.
  5. INSIGHT: How Will The EU React to the IMO Net-Zero Framework?
    Oct 15
    Dr Richard Burchill of UNUCRIS and R. Tim Eestermans of MacroScope Strategies discuss the potential interaction between EU and IMO decarbonisation regulations.
  6. INSIGHT: How Carbon Pricing Will Reshape Global Bunkering
    Oct 15
    Matthis Pasche of Glander International Bunkering discusses developments in GHG regulation for the shipping industry.
  7. ANALYSIS: Singapore September Sales Drop 3.7% On the Month
    Oct 15
    Bunker sales in Singapore for September fell to their lowest level in three months.
  8. VIEWPOINT: Questions Remain Over OSPAR Decision to Restrict Scrubbers
    Oct 07
    Pro-scrubber shipping group the Clean Shipping Alliance discusses the the OSPAR commission's recent decision to ban scrubber washwater discharges.
  9. ANALYSIS: GHG Compliance May Be Higher Cost Than Bunkers for Some Ships in 2026
    Oct 01
    Some ships on intra-EU voyages may end up paying more for GHG emissions compliance than for fuel in 2026.

Decarbonisation and Alternative Marine Fuels & Power More

  1. IBIA Unveils Brand Refresh: Keeps 'Bunkering' in Name, Adds Green to Revamped Logo
    Oct 21
    "There is not a more inclusive word for the procedure than 'bunkering'," says Constantinos Capetanakis, chairman of IBIA.
  2. European Biofuel Bunker Demand to Retain Momentum Despite IMO Delay: CSC Commodities
    Oct 21
    EU regulations are likely to continue delivering growth to global biofuel demand, Bastien Declercq of CSC Commodities tells Ship & Bunker.
  3. Intercargo: IMO Needs to Find 'Realistic, Practical and Globally Workable' GHG Plan
    Oct 21
    The IMO now needs to engage with industry to find a way through after last week's setback, according to dry bulk shipping group Intercargo.
  4. IMO NZF Opponents' Reasoning 'Had Very Little to Do With Shipping'
    Oct 20
    Bunker Holding's Maria Skipper Schwenn said the firm will continue to support the IMO's NZF.
  5. IBIA Sees Need for 'Diplomatic Scars' to Heal at IMO After NZF Delay
    Oct 20
    IBIA had not expected the IMO's NZF to be delayed, and remains supportive of efforts to decarbonise shipping at a global level.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 452.00 17.00 692.50 24.50 400.00 11.50
Global 20 Ports Average 493.00 8.00 755.00 16.50 438.00 11.00
Global Average Bunker Price 533.50 5.50 789.00 13.00 448.50 9.00
Singapore 455.00 8.50 691.50 22.50 391.00 12.50
Rotterdam 435.50 16.00 662.50 28.50 417.50 19.00
Fujairah 449.00 9.00 745.50 16.00 381.50 9.50
Houston 468.00 33.50 670.00 30.00 410.00 5.50
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 470.50 11.00 - 444.00 6.00
Hong Kong 464.50 5.50 665.50 16.50 414.50 15.50
Istanbul 629.50 7.50 756.50 31.00 540.00 7.00
LA / LB 533.50 8.00 782.00 9.00 442.50 18.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 489.00 15.00 712.50 13.00 424.00 8.00
Cristobal, Panama - login to view prices or
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Piraeus 546.00 0.00 717.50 8.50 445.00 5.00
Santos 476.50 17.00 815.00 16.00 -
Shanghai - login to view prices or
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