Latest News

MPA: Singapore is Ready for Commercial Scale Methanol Bunkering Operations

MPA: Singapore is Ready for Commercial Scale Methanol Bunkering Operations

Singapore recently conlcuded its first successful ship-to-ship methanol bunkering and SIMOPS methanol bunkering operation.
  1. 28May
    Döll replaces Chris Chatterton who stepped down from the role earlier this month. Read in Full
  2. 27May
    Meanwhile, OPEC's secretary general reiterated strong demand expectations for 2024. Read in Full
  3. 27May
    Latest trial is the company's first involving very large crude oil tanker (VLCC). Read in Full
  4. 27May
    From nine to twelve vessels. Read in Full
  5. 27May
    The new ferries will be co-caled 'Island class' vessels that will be used on small volume and shorter routes. Read in Full
  6. 27May
    The firm has hired Jonny Berglund as its new Business Development Director. Read in Full
  7. 27May
    Positiin is with TotalEnergies in Singapore. Read in Full
  8. 24May
    Meanwhile, all eyes are on the upcoming June 2 OPEC meeting. Read in Full
  9. 24May
    "Innovations in high-speed, low cost, global connectivity ... have opened the door for advanced technologies such as AI on board vessels," says Yarden Gross, CEO & Co-founder, Orca AI. Read in Full

Insights & Analysis More

  1. ANALYSIS: Singapore April Bunker Demand Drops to 10-Month Low
    May 14
    April's total was the lowest since June 2023, while VLSFO sales hit the lowest level since at least January 2020.
  2. 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.

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. IBIA Chair Responds to NTSB Report on Baltimore Bridge Collapse
    May 16
    The incident shows the need to avoid speculation until clear evidence emerges, IBIA's Constantinos Capetanakis tells Ship & Bunker.

Red Sea Attacks

  1. Red Sea: Oil Tanker hit in Latest Missile Attack
    May 20
    But damage limited as vessel able to proceed under own power.
  2. UK Reports New Ship Attack in Red Sea
    May 18
    The ship came under attack about 76 nautical miles north-west of Al Hudaydah at 10 PM UTC on Friday.
  3. UK Reports New Ship Attack in Gulf of Aden
    May 10
    The ship came under attack about 195 nautical miles east of Aden at 4:57 AM UTC on Friday.
  4. New Ship Attack Reported in Gulf of Aden
    May 07
    The incident happened about 82 nautical miles south of Aden at 2:05 AM UTC on Tuesday.
  5. 40% More Bunker Fuel Per Journey Because of Red Sea Diversions: Maersk
    May 06
    Maersk says it has needed to lengthen voyages even further as the range capability of Houthi attacks increases.

Top Stories More

  1. ANALYSIS: Singapore April Bunker Demand Drops to 10-Month Low
    May 14
    April's total was the lowest since June 2023, while VLSFO sales hit the lowest level since at least January 2020.
  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. 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.

Decarbonisation and Alternative Marine Fuels & Power More

  1. NYK Reveals Another Long-Term Biofuel Trial
    May 27
    Latest trial is the company's first involving very large crude oil tanker (VLCC).
  2. Italian Operator Expands Hybrid Vessel Order
    May 27
    From nine to twelve vessels.
  3. Canadian Firm Gets Federal Loan to Buy Four Battery Electric Ferries
    May 27
    The new ferries will be co-caled 'Island class' vessels that will be used on small volume and shorter routes.
  4. MOL Coal Carrier to be Fitted with Hard Sail
    May 24
    Installation of the Wind Challenger system on the 90,00 dwt Post Panamax Kurotakisan Maru 3 is scheduled for the second half of 2025.
  5. Hydrogen Fuel Cell Developer Awarded AiP for Power Unit
    May 24
    Technology on track to get type approval next year, according to company.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 582.00 0.50 768.50 3.50 491.00 1.00
Global 20 Ports Average 621.50 1.00 808.00 0.50 531.00 1.50
Global Average Bunker Price 672.50 1.00 865.00 0.50 566.00 1.50
Singapore 599.00 3.00 725.50 3.00 520.50 5.00
Rotterdam 556.50 5.50 745.00 14.00 472.00 4.00
Fujairah 599.50 1.50 857.00 1.00 497.50 7.00
Houston 573.00 1.50 746.50 2.50 474.50 1.50
Busan - login to view prices or
subscribe from just $59 -
Colombo - login to view prices or
subscribe from just $59 -
Durban - login to view prices or
subscribe from just $59 -
Gibraltar 591.50 1.00 - 530.50 0.50
Hong Kong 618.00 0.50 735.00 0.00 529.00 4.00
Istanbul 643.00 13.00 831.50 0.00 594.00 3.50
LA / LB 644.00 2.50 786.50 0.50 512.00 2.50
Las Palmas - login to view prices or
subscribe from just $59 -
Mumbai - login to view prices or
subscribe from just $59 -
New York 601.50 2.50 766.50 14.00 515.50 2.50
Cristobal, Panama - login to view prices or
subscribe from just $59 -
Piraeus 643.50 0.50 797.50 1.50 518.00 3.00
Santos 644.00 4.00 955.00 3.00 -
Shanghai - login to view prices or
subscribe from just $59 -
St Petersburg - login to view prices or
subscribe from just $59 -
Tokyo - login to view prices or
subscribe from just $59 -