Latest News Read All News
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The incident occurred about six nautical miles north of Oman in the Strait of Hormuz at 12:57 UTC on Friday. -
Avenir LNG has signed a deal to supply bio-LNG to vessels in Maersk's dual-fuel fleet. -
Several shipowners have ordered vessels suitable for conversion to ammonia propulsion. -
The company is looking for candidates with experience in the bunker industry and good command of English. -
The company is seeking to hire bunker traders in Singapore and Seoul, and a senior bunker trader in Dubai. -
Sea-Intelligence analysis finds Asia-Europe service rotations are being structured to shorten the distance counted under the EU ETS. -
The bunkering operations saw a total of 2,500 mt of green methanol delivered to two ships. -
The license also allows vessels carrying the cargoes to take on bunkers at ports and other maritime services. -
Ships will operate at 11-12 knots instead of about 15 knots currently, alongside fewer weekly sailings. -
They plan to potentially start exporting hydrogen from New Zealand to Japan in the early 2030s. -
The company says MGO availability will be limited at the port during the period due to barge maintenance. -
Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year. -
Meanwhile, Washington voted to let Operation Epic Fury continue indefinitely. -
While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%. -
Pilbara Ports says most ships operating in Western Australia's Pilbara region typically take on bunkers outside the region for their full round voyages. -
The clause uses a new evaluation method designed to better reflect a vessel's efficiency in real operating conditions. -
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 26– March 4, 2026. -
Singapore plans to unveil the plan in 2027 to shape the future of its maritime sector.
Middle East Conflict
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Mar 06The incident occurred about six nautical miles north of Oman in the Strait of Hormuz at 12:57 UTC on Friday. -
Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market. -
Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%. -
Mar 05Maersk has joined other container lines by cancelling cargo bookings to and from several Middle East ports. -
Mar 05Tanker groups urge industry to prioritise seafarer safety and rely on verified information when making operational decisions. -
Mar 05China has asked its refiners to suspend signing new contracts to export refined products and to attempt to cancel shipments already agreed to. -
Mar 05The vessel has taken on water, and oil from the cargo is spilling into the sea. -
Mar 04Security concerns in the region have led some suppliers to suspend bunker deliveries at the major UAE marine fuel hub. -
Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday. -
Mar 04Ports including Duqm, Sohar, Muscat and Salalah remain operational despite drone strikes reported at key facilities.
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.
Top Stories More
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday.
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Mar 04The 550,000 b/d refinery came under a suspected drone attack on Wednesday morning. -
Mar 04The tanker heard a loud explosion and debris from an unknown projectile was found on its deck about 10 nautical miles east of Fujairah at 10:30 PM UTC.
Insights & Analysis More
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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Mar 06Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year. -
Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 03Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker. -
Mar 03A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker. -
Mar 03After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next. -
Mar 03Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker. -
Mar 02Fujairah'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. -
Feb 24Trading firm Oilmar is marking its growth and development over the past decade with a series of charity partnerships. -
Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 06Avenir LNG has signed a deal to supply bio-LNG to vessels in Maersk's dual-fuel fleet. -
Mar 06The bunkering operations saw a total of 2,500 mt of green methanol delivered to two ships. -
Mar 06They plan to potentially start exporting hydrogen from New Zealand to Japan in the early 2030s. -
Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 05Pilbara Ports says most ships operating in Western Australia's Pilbara region typically take on bunkers outside the region for their full round voyages.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 716.00 | 65.50 | 1194.50 | 104.50 | 642.00 | 67.50 |
| Global 20 Ports Average | 735.00 | 53.50 | 1153.50 | 45.50 | 649.00 | 38.50 |
| Global Average Bunker Price | 740.00 | 49.50 | 1134.50 | 60.00 | 627.00 | 44.00 |
| Singapore | 822.50 | 127.00 | 1383.00 | 226.00 | 722.00 | 92.00 |
| Rotterdam | 631.50 | 16.00 | 1053.50 | 27.50 | 607.00 | 36.50 |
| Fujairah | 742.50 | 51.00 | 1202.00 | 41.50 | 675.00 | 60.50 |
| Houston | 668.00 | 67.50 | 1138.50 | 122.00 | 564.50 | 81.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 680.50 | 33.50 | - | 634.00 | 49.00 | |
| Hong Kong | 799.50 | 105.50 | 1248.00 | 99.00 | 707.00 | 67.00 |
| Istanbul | 768.00 | 15.50 | 1137.50 | 4.50 | 677.00 | 29.00 |
| LA / LB | 726.50 | 9.50 | 1005.00 | 25.00 | 632.00 | 2.00 |
| Las Palmas |
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| Mumbai |
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| New York | 664.00 | 33.00 | 1171.50 | 65.00 | 587.00 | 51.00 |
| Cristobal, Panama |
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| Piraeus | 724.50 | 26.50 | 1089.00 | 31.00 | 649.50 | 48.50 |
| Santos | 666.00 | 45.00 | 804.00 | 154.00 | - | |
| 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 | 735.00 | 53.50 | 1153.50 | 45.50 |
| Global 4 Ports Average | 716.00 | 65.50 | 1194.50 | 104.50 |
| Global Average Bunker Price | 740.00 | 49.50 | 1134.50 | 60.00 |
| Singapore | 822.50 | 127.00 | 1383.00 | 226.00 |
| Fujairah | 742.50 | 51.00 | 1202.00 | 41.50 |
| Rotterdam | 631.50 | 16.00 | 1053.50 | 27.50 |
| Houston | 668.00 | 67.50 | 1138.50 | 122.00 |
Bunker Jobs
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Mar 06The company is looking for candidates with experience in the bunker industry and good command of English. -
Mar 06The company is seeking to hire bunker traders in Singapore and Seoul, and a senior bunker trader in Dubai. -
Feb 27The company is looking for candidates with a minimum of three years of experience in bunker trading and sales. -
Feb 27The company is looking for candidates with at least five years of experience in marine fuel procurement. -
Feb 19The company is looking for candidates with a minimum of two years of hands-on experience in bunker operations.
Popular Now More
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Mar 05China has asked its refiners to suspend signing new contracts to export refined products and to attempt to cancel shipments already agreed to.
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Feb 28Unverified claims of the Strait of Hormuz being closed are being broadcast to ships in the region after US and Israeli strikes on Iran on Saturday. -
Mar 02A fire was reported at the plant earlier in the day. -
Mar 05The vessel has taken on water, and oil from the cargo is spilling into the sea.
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Mar 04Security concerns in the region have led some suppliers to suspend bunker deliveries at the major UAE marine fuel hub.
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Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday.
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Mar 01The tanker's crew, consisting of 15 Indians and five Iranians, have all been evacuated.