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Most Major Hubs Saw Bunker Volumes Decline in Q1

Most Major Hubs Saw Bunker Volumes Decline in Q1

Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.
  1. 13Jun
    Meanwhile, analysts scramble to determine how badly global oil supply will be affected. Read in Full
  2. 13Jun
    The vessel will operate on short-sea operations along the Norwegian coastline. Read in Full
  3. 13Jun
    Methanex unveiled the $2.05 billion acquisition plan last year. Read in Full
  4. 13Jun
    The company is looking for candidates with fluent English and preferably experience in shipping, operations, chartering or agency. Read in Full
  5. 13Jun
    The vessel took LNG bunkers for the first time ahead of its debut on July 20. Read in Full
  6. 13Jun
    DNV expects the use of CCS will become more noticeable in the shipping industry from the 2040s onward. Read in Full
  7. 13Jun
    Israel launched wide-ranging strikes on Iran overnight, killing the chief of Iran's Islamic Revolutionary Guards as well as targeting nuclear facilities. Read in Full
  8. 13Jun
    The ammonia transfer trial was carried out last year at an anchorage near Port Dampier, Western Australia. Read in Full
  9. 13Jun
    Ship & Bunker's G20-VLSFO Index rose by $4/mt to $541.50/mt on Thursday, reaching its highest level since April 6. Read in Full
  10. 13Jun
    Concept aims to enable safe early use of ammonia as a marine fuel, with class approvals already secured. Read in Full
  11. 12Jun
    Sources say Israel could strike Iran as early as Sunday if talks fall through. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 337.00 4.50 693.00 10.00 718.50 10.00
Rotterdam 305.00 19.50 627.00 40.00 650.00 41.50
Houston 275.00 3.50 565.50 7.00 586.50 7.00
Fujairah 210.50 2.50 433.50 5.50 449.00 5.00

Top Stories More

  1. Most Major Hubs Saw Bunker Volumes Decline in Q1
    Jun 13
    Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.
  2. EU-Specific Biofuel Regs Could Boost Bunker, Emissions Savings for Some Products
    Jun 10
    Klean Industries' Mark VandeVoorde believes Tyre Pyrolysis Oil is one such product thanks to the way it is classified under the EU's RED III rules.
  3. BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply
    Jun 02
    The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.
  4. VPS on Distillates: The Trouble-Free Fuel?
    May 29
    Steve Bee of VPS discusses fuel quality considerations as distillates become more widely used because of the Mediterranean ECA.
  5. Biofuel Value Is in Carbon Score, Not Feedstock Label: ScanOcean
    May 28
    ScanOcean tells Ship & Bunker it expects biofuel demand to grow in the latter part of this year as many shipowners holding off on compliance purchases under FuelEU Maritime begin to act.

Insights & Analysis More

  1. Most Major Hubs Saw Bunker Volumes Decline in Q1
    Jun 13
    Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.
  2. INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost
    Jun 05
    Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
  3. INSIGHT: A Deep Dive Into Well-to-Wake Bunker Management
    May 30
    Glander International Bunkering discusses the need for a comprehensive approach to bunker procurement.
  4. VPS on Distillates: The Trouble-Free Fuel?
    May 29
    Steve Bee of VPS discusses fuel quality considerations as distillates become more widely used because of the Mediterranean ECA.

Yemen & Red Sea Attacks

  1. Israel's ZIM Sees No Red Sea Sailings in 2025 Amid Security Risks
    May 21
    ZIM has announced that it will not resume transits through the Red Sea due to security concerns.
  2. Houthis Announce Maritime Blockade of Israeli Port of Haifa
    May 21
    The Houthi movement warns ships bound for Haifa will be targeted.

Decarbonisation and Alternative Marine Fuels & Power More

  1. GC Rieber Shipping Secures Grant for Battery-Powered Ship
    Jun 13
    The vessel will operate on short-sea operations along the Norwegian coastline.
  2. Shipping to See Onboard CO2 Capture Surge from 2040s: DNV
    Jun 13
    DNV expects the use of CCS will become more noticeable in the shipping industry from the 2040s onward.
  3. Fully Electric Ferry Launched in New Zealand
    Jun 12
    The electric ferry is made up of lightweight carbon fiber material.
  4. Shore Power Planned in Port of Cartagena for Cruise Ships
    Jun 12
    From 2030, FuelEU regulations mandate cruise and container ships to connect to shore power while docked at major EU ports.
  5. UPM and Bore Join Ahti Pool for FuelEU Compliance
    Jun 12
    Three of Bore's dual-fuel ships will use bio-LNG and add their compliance to the pool.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 530.00 25.50 682.50 28.00 461.50 26.00
Global 20 Ports Average 559.50 18.00 744.00 21.00 491.00 19.50
Global Average Bunker Price 592.00 13.50 782.50 14.50 499.50 15.50
Singapore 553.00 29.50 659.50 31.00 475.50 24.50
Rotterdam 505.50 18.00 667.00 34.00 459.00 24.00
Fujairah 539.50 27.50 728.00 14.50 462.50 32.00
Houston 521.50 27.00 675.50 32.00 449.00 23.50
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 556.50 22.00 - 510.50 29.00
Hong Kong 550.00 18.00 655.50 27.00 487.00 23.50
Istanbul 678.50 32.00 781.50 39.00 581.00 33.00
LA / LB 576.50 1.50 715.50 8.00 489.50 5.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 520.00 11.50 685.00 17.50 468.00 14.50
Cristobal, Panama - login to view prices or
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Piraeus 601.50 12.50 728.00 23.00 497.00 26.00
Santos 495.00 0.00 749.00 0.00 -
Shanghai - login to view prices or
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St Petersburg 521.00 0.00 722.00 0.00 381.00 1.00
Tokyo - login to view prices or
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