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  1. President Donald Trump announced the decision in a social media post on Tuesday, adding that the US Navy may also provide escorts through the strait.
    3 Mar 2026
  2. The Russia-flagged 138,028 m3 LNG carrier Arctic Metagaz reportedly has a fire onboard and the status of its crew is currently unknown.
    3 Mar 2026
  3. Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
    3 Mar 2026
  4. After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next.
    3 Mar 2026
  5. A local source tells Ship & Bunker that authorities are currently saying there is no impact on the port due to the incident.
    3 Mar 2026
  6. The shipbuilding contract is worth $81.5 million for each vessel.
    3 Mar 2026
  7. The port's bunker terminal came under attack early on Tuesday, with a fuel tank hit and no further information yet on damage, a local source tells Ship & Bunker.
    3 Mar 2026
  8. Authorities say normal operations have resumed at the Fujairah Oil Industry Zone
    3 Mar 2026
  9. The contract covers delivery of a 131-tonne battery system for the new Polarstern ice-class vessel due to enter service in 2030.
    3 Mar 2026
  10. Marsa LNG LLC is a joint venture between TotalEnergies (80%) and the Omani exploration company OQEP (20%).
    3 Mar 2026
  11. Out of the 17 alternative-capable ships ordered in February, 14 of them were LNG-powered.
    3 Mar 2026
  12. Testing agency FOBAS advises vessels to retain bunker samples onboard and land them outside the affected region amid escalating disruption.
    3 Mar 2026
  13. Group CEO Peder Møller says shipping activity through the Strait of Hormuz has fallen sharply.
    3 Mar 2026
  14. An IRGC official warns that any vessel trying to pass the Strait will be set on fire.
    3 Mar 2026
  15. Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker.
    3 Mar 2026
  16. Ship & Bunker's key G20-VLSFO index rose $44 Monday to $587.50/mt.
    2 Mar 2026
  17. Oil facilities across Middle East close as Iran drops bombs throughout the region.
    2 Mar 2026
  18. Container ships reportedly account for about 100 of the 750 ships backed up around the Strait of Hormuz.
    2 Mar 2026

Middle East Conflict

  1. US Government to Provide Insurance for Ships Passing Through Strait of Hormuz
    Mar 03
    President Donald Trump announced the decision in a social media post on Tuesday, adding that the US Navy may also provide escorts through the strait.
  2. LNG Price Spike Not Yet Sufficient to Drive Switch to Conventional Bunkers
    Mar 03
    Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
  3. 70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
    Mar 03
    A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker.
  4. Middle East Conflict: Impact So Far for Shipping & Bunkering
    Mar 03
    After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next.
  5. Drone Crash Incident Reported at Salalah Port
    Mar 03
    A local source tells Ship & Bunker that authorities are currently saying there is no impact on the port due to the incident.
  6. New Drone Attack Reported on Bunkering Terminal at Port of Duqm
    Mar 03
    The port's bunker terminal came under attack early on Tuesday, with a fuel tank hit and no further information yet on damage, a local source tells Ship & Bunker.
  7. Fire at Fujairah Oil Industry Zone Brought Under Control
    Mar 03
    Authorities say normal operations have resumed at the Fujairah Oil Industry Zone
  8. Middle East Disruption Extends Bunker Sample Transit Times
    Mar 03
    Testing agency FOBAS advises vessels to retain bunker samples onboard and land them outside the affected region amid escalating disruption.
  9. Bunker Holding Working on Alternative Supply Outside Gulf to Support Customers
    Mar 03
    Group CEO Peder Møller says shipping activity through the Strait of Hormuz has fallen sharply.
  10. Iran Claims Strait of Hormuz is Closed, Warns Ships Will Be Targeted: Report
    Mar 03
    An IRGC official warns that any vessel trying to pass the Strait will be set on fire.

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 342.00 1.50 704.00 3.50 729.50 3.50
Rotterdam 289.50 0.50 617.50 20.50 595.50 23.50
Houston 346.00 16.50 712.00 33.50 738.50 34.00
Fujairah 217.00 3.50 446.50 7.00 463.00 7.00

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.

Top Stories More

  1. US Government to Provide Insurance for Ships Passing Through Strait of Hormuz
    Mar 03
    President Donald Trump announced the decision in a social media post on Tuesday, adding that the US Navy may also provide escorts through the strait.
  2. LNG Price Spike Not Yet Sufficient to Drive Switch to Conventional Bunkers
    Mar 03
    Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
  3. 70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
    Mar 03
    A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker.
  4. Middle East Conflict: Impact So Far for Shipping & Bunkering
    Mar 03
    After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next.
  5. New Drone Attack Reported on Bunkering Terminal at Port of Duqm
    Mar 03
    The port's bunker terminal came under attack early on Tuesday, with a fuel tank hit and no further information yet on damage, a local source tells Ship & Bunker.

Insights & Analysis More

  1. LNG Price Spike Not Yet Sufficient to Drive Switch to Conventional Bunkers
    Mar 03
    Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
  2. 70-80% of Fujairah Bunker Barges Now Not Operating: Spotbarge
    Mar 03
    A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker.
  3. Middle East Conflict: Impact So Far for Shipping & Bunkering
    Mar 03
    After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next.
  4. INTERVIEW: SanctionCheck Launches Sanctions Compliance Platform for the Bunker Industry
    Mar 03
    Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker.
  5. FEATURE: Fujairah Bunker Market in Limbo as Traders Seek Strait of Hormuz Clarity
    Mar 02
    Fujairah's market - reliant on ships crossing the Strait of Hormuz for its demand - is largely on hold until clarity emerges, local sources tell Ship & Bunker.
  6. FEATURED: Oilmar Marks 10-Year Anniversary With Charity Drive
    Feb 24
    Trading firm Oilmar is marking its growth and development over the past decade with a series of charity partnerships.
  7. IE Week: Margin Pressure and Capital Strains Cloud Outlook for Bunker Industry
    Feb 16
    But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
  8. ANALYSIS: Singapore January Bunker Sales Jump 16.4% Year-on-Year Amid Higher HSFO Demand
    Feb 16
    January HSFO sales jumped by 30.4% on the year, with the grade accounting for 41.6% of the total bunker sales.
  9. INSIGHT: Collaboration, Not Silver Bullets, Will Define Maritime Decarbonisation
    Feb 12
    Paul Bayliss of Fuelre4m discusses the need for collaboration to demonstrate the efficacy of decarbonisation technologies.

Decarbonisation, Alternative Marine Fuels and Power More

  1. AYK Energy to Supply Battery System for German Research Vessel
    Mar 03
    The contract covers delivery of a 131-tonne battery system for the new Polarstern ice-class vessel due to enter service in 2030.
  2. Marsa LNG Bunkering Facility in Oman Advances with Tank Roof Lift
    Mar 03
    Marsa LNG LLC is a joint venture between TotalEnergies (80%) and the Omani exploration company OQEP (20%).
  3. LNG Again Leads Alternative-Fuelled Newbuild Orders in February: DNV
    Mar 03
    Out of the 17 alternative-capable ships ordered in February, 14 of them were LNG-powered.
  4. IMO Agrees Interim Seafarers Training Guidelines for Methanol and Ammonia
    Mar 02
    The interim training guidelines draft will be submitted for MSC approval in May 2026.
  5. UK Shore Power Faces Commercial Reality Check: NatPower Marine
    Feb 27
    High electricity costs could undermine use of shore power, keeping marine fuel the cheaper option at berth.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 555.50 49.50 831.00 102.00 478.50 57.50
Global 20 Ports Average 587.50 44.00 877.50 80.00 517.00 54.00
Global Average Bunker Price 604.50 28.50 873.50 44.00 509.50 42.00
Singapore 574.50 53.00 810.50 101.00 516.00 79.50
Rotterdam 531.00 41.50 812.00 92.00 486.50 48.50
Fujairah 564.00 44.50 881.00 103.50 480.50 60.00
Houston 553.00 58.50 819.50 109.50 432.00 43.00
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 555.00 34.50 - 506.00 46.00
Hong Kong 571.00 40.50 784.50 59.50 532.00 59.00
Istanbul 706.00 61.00 934.00 133.50 550.00 60.00
LA / LB 614.00 41.50 851.00 67.00 534.50 45.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 599.00 67.00 963.50 126.00 490.50 73.50
Cristobal, Panama - login to view prices or
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Piraeus 622.00 31.00 876.00 79.50 493.50 32.00
Santos 557.00 45.00 927.00 77.00 -
Shanghai - login to view prices or
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