Latest News
Singapore VLSFO Viscosity Jumps to One-Year High at Start of 2024
The Singapore bunker market's average VLSFO viscosity was 136.5 CST in Q1, the highest level since the same period a year earlier.
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24AprThe incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday. Read in Full
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24AprWärtsilä Gas Solutions is set to supply the cargo handling system for the 12,500 m3 vessel. Read in Full
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24AprThe company is looking for candidates with a good understanding of legal, regulatory and risk management concepts. Read in Full
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24AprThe arrests were both on Monday. Read in Full
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24AprThe company is in the process of repurposing storage capacity in Singapore, Brazil and the Netherlands from holding conventional transportation fuels to low-carbon ones. Read in Full
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24AprShip & Bunker's G20-VLSFO Index rose by $1/mt to $662.50/mt on Tuesday, in its first daily advance since April 15. Read in Full
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24AprWärtsilä will supply 20DF dual-fuel auxiliary gen-sets, operating mainly on LNG, as well as transverse thrusters and main engine control systems for each of the six new ships. Read in Full
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24AprThe company is looking for candidates with fluent English and a proficiency with technology. Read in Full
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23AprThis caused carbon emissions on the route to increase by 63%, according to the latest analysis by Xeneta. Read in Full
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23AprMeanwhile, proposed Iran sanctions fail to impress traders. Read in Full
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23AprWith fund to support feasibility research for AI-driven projects. Read in Full
Insights & Analysis More
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Apr 18Glander International Bunkering's Alvaro Sierra discusses the company's role in the marine energy transition and other industry developments. -
Apr 15If 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. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker. -
Apr 11Elboil's Can Ertem, writing in a personal capacity, argues the bunker industry is taking on too many junior traders. -
Apr 02New IBIA chairman Constantinos Capetanakis discusses improving relationships between bunker buyers and sellers, as well as plans for his two-year term, in an interview with Ship & Bunker. -
Apr 02"We see that we need to be more engaged in the supply chain than we have traditionally been," Soerensen teslls Ship & Bunker. -
Mar 27ZeroNorth Bunker Managing Director Kenneth Juhls discusses the outlook for e-BDN uptake in Singapore and beyond in an interview with Ship & Bunker.
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.
Baltimore Bridge Collapse
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Apr 15The investigation is examining whether the crew left Baltimore with the knowledge that something could be wrong with the ship. -
Apr 11Video 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. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker. -
Apr 05Engineers from the US Army Corps of Engineers are working with local, state and federal partners to clear the wreckage of the Francis Scott Key Bridge. -
Apr 05The NTSB's full report is likely to take more than a year to prepare, but early findings may be released next week. -
Mar 28FuelTrust says container ship Dali was burning MGO at the time of the incident. -
Mar 27The investigation will consider whether a loss of power on the boxship Dali prior to the collision could have been caused by a bunker fuel problem. -
Mar 27Investigators from Singapore's Transport Safety Investigation Bureau and the MPA are currently travelling to Baltimore to assist US investigations on the cause of the incident.
Red Sea Attacks
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Apr 24The incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday.
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Apr 19US defense officials have accused the Iranian-flagged vessel of gathering intelligence on commercial ships passing through the Red Sea and Gulf of Aden to pass on to Yemen's Houthi movement. -
Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 13A seizure of a ship by Iran would point to a significant widening of the threat to global shipping from current geopolitical tensions. -
Apr 10A missile probably targeting the US-flagged 2,500 TEU Maersk Yorktown was fired from an area of Yemen controlled by the Houthi movement on Tuesday morning.
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Apr 15Monjasa group CFO Rasmus Knudsen discusses the firm's expectations for 2024 in an interview with Ship & Bunker.
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Apr 11The ban will take effect from July 1, 2025 at a distance of up to 12 nautical miles from the Danish coast. -
Apr 09The firm saw strong volumes gains in the Americas and Asia last year, offset by declines in Northwest Europe and the Mediterranean. -
Apr 08IBIA will address the IMO Maritime Safety Committee meeting in May to speak out against speculation on the topic, Chairman Constantinos Capetanakis tells Ship & Bunker.
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Apr 03The company plans to charter LNG bunker barges as part of setting up the new unit.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 24Wärtsilä will supply 20DF dual-fuel auxiliary gen-sets, operating mainly on LNG, as well as transverse thrusters and main engine control systems for each of the six new ships. -
Apr 23With fund to support feasibility research for AI-driven projects. -
Apr 22Value Maritime will fit one of its Filtree scrubbers with a carbon capture unit to MOL's LR1 tanker the Nexus Victoria. -
Apr 22Move announced as part of a wider decarbonisation strategy at the South Korean port. -
Apr 18At its core, the project aims to use recyclable carbon collected from vessels' on-board carbon capture and reuse systems.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 633.00 | 3.50 | 806.00 | 6.50 | 498.50 | 5.00 |
| Global 20 Ports Average | 662.50 | 1.00 | 858.50 | 0.50 | 542.50 | 2.00 |
| Global Average Bunker Price | 718.50 | 0.50 | 914.00 | 1.00 | 578.50 | 1.50 |
| Singapore | 646.50 | 5.50 | 773.50 | 11.50 | 521.00 | 12.00 |
| Rotterdam | 604.00 | 5.00 | 756.00 | 5.00 | 485.50 | 1.00 |
| Fujairah | 650.50 | 3.00 | 897.00 | 13.50 | 498.50 | 3.00 |
| Houston | 630.50 | 1.00 | 798.50 | 4.00 | 489.00 | 3.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 640.50 | 0.50 | - | 553.50 | 0.00 | |
| Hong Kong | 654.00 | 6.50 | 791.50 | 10.00 | 522.00 | 10.50 |
| Istanbul | 677.50 | 8.00 | 878.50 | 0.00 | 612.50 | 3.50 |
| LA / LB | 693.00 | 5.00 | 887.00 | 12.50 | 511.00 | 1.50 |
| Las Palmas |
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| Mumbai |
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| New York | 654.50 | 0.50 | 815.50 | 0.50 | 534.50 | 4.00 |
| Cristobal, Panama |
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| Piraeus | 694.50 | 4.00 | 847.50 | 12.00 | 534.50 | 6.00 |
| Santos | 661.50 | 5.00 | 1079.00 | 7.00 | - | |
| 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 | 662.50 | 1.00 | 858.50 | 0.50 |
| Global 4 Ports Average | 633.00 | 3.50 | 806.00 | 6.50 |
| Global Average Bunker Price | 718.50 | 0.50 | 914.00 | 1.00 |
| Singapore | 646.50 | 5.50 | 773.50 | 11.50 |
| Fujairah | 650.50 | 3.00 | 897.00 | 13.50 |
| Rotterdam | 604.00 | 5.00 | 756.00 | 5.00 |
| Houston | 630.50 | 1.00 | 798.50 | 4.00 |
Bunker Jobs
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Apr 24The company is looking for candidates with a good understanding of legal, regulatory and risk management concepts. -
Apr 24The company is looking for candidates with fluent English and a proficiency with technology. -
Apr 23The company is looking for candidates with at least three years of sourcing experience, preferably in the oil trading or shipping industries. -
Apr 23The company is looking for candidates with fluent English and an understanding of trading and maritime terminology. -
Apr 22The company is looking for candidates with seven to ten years of operating experience in the petroleum industry.
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Apr 23The ship had come to Singapore from St Petersburg. -
Apr 24The arrests were both on Monday. -
Apr 22The 46,000 DWT MR2 chemical tanker Green Land was arrested at about 3:30 PM on April 17. -
Apr 23The Singapore bunker market's average VLSFO viscosity was 136.5 CST in Q1, the highest level since the same period a year earlier. -
Apr 22Iranian fuel oil has been widely reported to have been resold in the bunker markets of ports in the region for years, as well as being exported further afield. -
Apr 23in joint-venture with Oman National Oil Company. -
Apr 24Wärtsilä will supply 20DF dual-fuel auxiliary gen-sets, operating mainly on LNG, as well as transverse thrusters and main engine control systems for each of the six new ships.