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UK's First Biomethanol Bunkering Operation Launches in Immingham

UK's First Biomethanol Bunkering Operation Launches in Immingham

Ørsted offshore wind farm maintenance vessels will be the operation's first customers.
  1. 10Feb
    The vessel will be used to transport aircraft components for Airbus. Read in Full
  2. 10Feb
    LR Advisory will help the LPG trader assess regulatory risk and implement the FuelEU Maritime pooling structure. Read in Full
  3. 10Feb
    Petredec will back the development of an LPG-fuelled version of the engine. Read in Full
  4. 10Feb
    The renewed pact aims to offer a more coordinated, turnkey approach to rotor sail retrofits and newbuild wind-assisted propulsion projects. Read in Full
  5. 10Feb
    Participants at the IMO event explored fuel pathways, infrastructure needs and key barriers to adopting low-carbon shipping solutions across the Caribbean. 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.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 343.50 0.00 707.00 0.50 733.00 0.50
Rotterdam 290.00 1.50 597.00 2.50 619.00 2.50
Houston 362.00 7.50 745.00 16.00 772.00 16.50
Fujairah 215.00 4.00 442.50 8.00 458.50 8.50

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

  1. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  2. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  3. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.

Top Stories More

  1. UK's First Biomethanol Bunkering Operation Launches in Immingham
    Feb 10
    Ørsted offshore wind farm maintenance vessels will be the operation's first customers.
  2. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  3. Singapore Diesel Supplier Fuel Incorporation Announces Bunkering Expansion
    Jan 29
    The 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.
  4. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  5. VPS 2025 Marine Fuel Review
    Jan 26
    Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025.

Insights & Analysis More

  1. ANALYSIS: Rotterdam 2025 Bunker Sales Drop on Lower VLSFO and Biofuel Demand
    Feb 06
    HSFO was the most sold bunker grade in Rotterdam, accounting for 36.6% of the total conventional and biofuel sales in 2025.
  2. POLL: Bunker Margins Under Pressure as Low Prices Set to Persist in 2026
    Feb 05
    Ship & Bunker takes a closer look at the factors impacting low bunker margins.
  3. INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
    Jan 30
    Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
  4. INSIGHT: How to Avoid Recruiting the Wrong Bunker Trader
    Jan 28
    Even well-intentioned professionals can fall foul of the rules if they do not fully understand them.
  5. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
  6. Fujairah Bunker Sales Fell 2.8% in 2025 on Lower VLSFO Demand
    Jan 19
    VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend.
  7. Panama Bunker Sales Rose 4.1% Year on Year in 2025 on Higher VLSFO Sales
    Jan 15
    Panama saw a total of 7,466 calls for bunkers in 2025, representing an 11.5% increase from the 6,696 recorded in 2024.
  8. INTERVIEW: Shipergy Uses AI to Reshape Trading Model Amid Market Downturn
    Jan 15
    Shipergy CEO Daniel Rose is refocusing the firm's commercial efforts on three hubs and deploying AI tools to reduce workload in response to weak market conditions, he tells Ship & Bunker.
  9. ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025
    Jan 13
    Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December.
  10. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.

Decarbonisation, Alternative Marine Fuels and Power More

  1. Petredec Partners with Carnot for Marine Engines Designed for Alternative Fuels
    Feb 10
    Petredec will back the development of an LPG-fuelled version of the engine.
  2. Caribbean Pushes for Coordinated Maritime Decarbonisation Strategy
    Feb 10
    Participants at the IMO event explored fuel pathways, infrastructure needs and key barriers to adopting low-carbon shipping solutions across the Caribbean.
  3. Viking Line Aims for Fossil-Free Shipping on Turku-Stockholm Corridor by 2035
    Feb 10
    The company's LNG-fuelled ferries bunkered about 6,000 mt of bio-LNG last year.
  4. AET Orders Hybrid-Electric Tanker with Dual-Fuel Ethanol Ready Design
    Feb 10
    The vessel will be equipped with an electric energy storage system and will be designed to allow future modification to dual-fuel ethanol propulsion.
  5. MOL-Led Group Completes Japan's First Ship-to-Ship Methanol Bunkering
    Feb 10
    The bunkering was carried out in Yokohama, where a vessel was bunkered with locally produced biomethanol.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 467.50 0.50 693.00 0.50 402.00 0.50
Global 20 Ports Average 507.50 1.00 768.50 1.00 439.50 0.50
Global Average Bunker Price 540.50 1.00 798.50 1.00 448.50 1.00
Singapore 485.50 4.00 672.00 2.00 431.50 3.50
Rotterdam 452.00 1.50 688.50 6.00 407.50 5.50
Fujairah 468.50 2.50 746.00 2.50 407.00 4.00
Houston 465.00 7.50 664.50 7.50 362.50 4.50
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 476.00 0.50 - 428.50 1.50
Hong Kong 490.50 5.50 694.50 6.00 467.00 7.00
Istanbul 605.00 0.50 775.50 0.00 475.50 0.00
LA / LB 567.50 5.00 780.50 7.00 460.00 6.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 505.00 8.50 783.50 22.50 395.00 8.00
Cristobal, Panama - login to view prices or
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Piraeus 542.50 0.00 768.50 7.50 425.00 1.00
Santos 483.00 5.00 836.00 11.00 -
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