Latest News

New Sea Generation to Open Greek Office Later This Month

New Sea Generation to Open Greek Office Later This Month

The new office will be in the Glyfada area and will open on May 13, New Sea Generation's Domenico Scotto tells Ship & Bunker.
  1. 03May
    Meanwhile, the U.S. oil rig count continues to decline. Read in Full
  2. 03May
    The company's ship the Rotterdam took on a B100 fuel from FincoEnergies in Rotterdam on April 27 before heading to the Norwegian Fjords. Read in Full
  3. 03May
    The company is looking for candidates with rich experience in bunker management and understanding of shipping companies' internal KPIs. Read in Full
  4. 03May
    Maersk consumed a total of 2.796 million mt of bunker fuel in Q1, up by 15.9% on the year and the most since Q4 2021. Read in Full
  5. 03May
    The company is looking for candidates with previous trading experience and an interest in developing key accounts. Read in Full
  6. 03May
    The new hire had previously worked for Toyota Tsusho Petroleum Pte Ltd since 2015. Read in Full
  7. 03May
    Ship & Bunker's G20-VLSFO Index sank to the lowest level since February 6 on Thursday. Read in Full
  8. 03May
    The firm has signed a strategic agreement with ADNOC Distribution to distribute ADNOC lubricants. Read in Full
  9. 03May
    The company is looking for candidates with previous sales or trading experience, ideally in the energy or maritime industries. Read in Full
  10. 02May
    Meanwhile, Big Oil reports mixed Q1 results. Read in Full
  11. 02May
    The yacht is being built by Ford Motor Yachts for biofuels firm Vertoro, with which Quadrise is developing bioMSAR. Read in Full
  12. 02May
    Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 25 – May 1, 2024. Read in Full
  13. 02May
    Tracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes. Read in Full
  14. 02May
    All 12 orders came from the tanker segment. Read in Full
  15. 02May
    The new hire was previously an operations team member for Akgunler Shipping in Cyprus. Read in Full

Insights & Analysis More

  1. VIEWPOINT: The Bunker Industry Needs to Train More Junior Staff
    May 02
    Tracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes.
  2. INSIGHT: Glander Valencia Office Plays Growing Role in Alternative Bunker Markets
    Apr 18
    Glander International Bunkering's Alvaro Sierra discusses the company's role in the marine energy transition and other industry developments.
  3. ANALYSIS: Singapore Q1 Bunker Demand Hits Record High on Red Sea Diversions
    Apr 15
    If the Q1 total were to be replicated over the rest of 2024, this year's total for Singapore would reach 55.14 million mt, up by 6.6% from 2023's record high.
  4. INTERVIEW: Monjasa Sees Further Volumes Growth and Staff Expansion in 2024
    Apr 15
    Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
  5. VIEWPOINT: We Have Too Many Junior Bunker Traders
    Apr 11
    Elboil's Can Ertem, writing in a personal capacity, argues the bunker industry is taking on too many junior traders.

Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.

Click to Read in Full

Baltimore Bridge Collapse

  1. FBI Opens Criminal Investigation Into Baltimore Bridge Collapse
    Apr 15
    The investigation is examining whether the crew left Baltimore with the knowledge that something could be wrong with the ship.
  2. NTSB Baltimore Investigation Now Focuses on Electrical Issues
    Apr 11
    Video footage of the incident showed lights on the ship going out just beforehand, and the US National Transportation Safety Board is now looking at the possibility of electrical failure.

Red Sea Attacks

  1. Red Sea Diversions Send Maersk Bunker Consumption to Highest Since 2021
    May 03
    Maersk consumed a total of 2.796 million mt of bunker fuel in Q1, up by 15.9% on the year and the most since Q4 2021.
  2. Rotterdam HSFO Demand Overtakes VLSFO for First Time Since IMO 2020
    Apr 30
    The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.
  3. Red Sea Bunkering Reports Healthy Bunker Demand as Shipping Activity Gains 9% in April
    Apr 29
    A decline in the frequency of Houthi attacks last month may have driven an increase in shipping activity around Djibouti, a Red Sea Bunkering representative tells Ship & Bunker.
  4. UK Reports New Ship Attack in Red Sea
    Apr 29
    The incident happened about 54 nautical miles north-west of Al Mukha at 7:02 AM UTC on Monday.
  5. UK Reports Suspicious Approach to Ship Off Yemen
    Apr 29
    The incident happened 177 nautical miles south-east of Nishtun at about 2:40 PM UTC on Sunday.

Top Stories More

  1. Rotterdam HSFO Demand Overtakes VLSFO for First Time Since IMO 2020
    Apr 30
    The change may be related to diversions from the Red Sea since late last year, local trading sources tells Ship & Bunker.
  2. World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed
    Apr 26
    The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
  3. INTERVIEW: Monjasa Sees Further Volumes Growth and Staff Expansion in 2024
    Apr 15
    Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
  4. Denmark Bans Scrubber Washwater Discharge
    Apr 11
    The ban will take effect from July 1, 2025 at a distance of up to 12 nautical miles from the Danish coast.

Decarbonisation and Alternative Marine Fuels & Power More

  1. 12 New Methanol-Fuelled Ships Ordered in April: DNV
    May 02
    All 12 orders came from the tanker segment.
  2. Hydrogen- and Biofuel-Powered Ferries to Be Delivered in 2026
    May 01
    The ships will take 85% of their power needs from hydrogen fuel cells and 15% from biofuel, and are scheduled for delivery in 2026.
  3. Hoegh Autoliners Doubles Biofuel Bunker Use in 2023
    Apr 29
    But biofuel "unlikely to become the long-term solution for decarbonising shipping" with its first zero carbon ammonia vessel "on the water in 2027".
  4. IMO to Fund Shore Power Projects
    Apr 26
    Namibia, Mauritius, St Kitts and Nevis, and Trinidad and Tobago to receive funds to develop detailed technical proposals.
  5. CMA CGM and Bpifrance Set up €200 Million Maritime Decarbonisation Fund
    Apr 26
    The Pulse fund will be put towards accelerating the maritime energy transition in France.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 606.50 0.50 779.50 0.50 500.00 4.00
Global 20 Ports Average 645.50 0.50 827.00 5.00 538.00 3.50
Global Average Bunker Price 703.50 4.00 886.00 6.00 573.00 2.00
Singapore 625.00 9.00 732.00 15.00 526.50 0.50
Rotterdam 577.50 3.50 739.50 1.00 478.00 6.00
Fujairah 628.50 4.00 878.50 11.00 504.50 10.00
Houston 595.00 0.50 767.00 4.50 491.00 0.50
Busan - login to view prices or
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Gibraltar 618.50 1.00 - 534.00 3.50
Hong Kong 634.00 4.00 740.00 35.00 521.50 4.50
Istanbul 669.00 1.50 870.00 5.00 604.50 8.50
LA / LB 679.50 0.50 830.50 1.00 515.50 2.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 649.00 7.00 807.00 6.50 531.50 4.50
Cristobal, Panama - login to view prices or
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Piraeus 675.00 2.00 831.00 12.00 526.00 2.00
Santos 650.50 18.00 1024.00 3.00 -
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