Latest News
SIBCON 2024: Some Shipping Firms Now Comfortable With $80/MT Scrubber Spread
While historically owners were looking for a scrubber spread of $100/mt or $150/mt, some are now comfortable with one as low as $80/mt, Oldendorff's Jens Maul Jørgensen tells Ship & Bunker.
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12OctHowever, Gulf states are scrambling to dissuade the strike from happening. Read in Full
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11OctThe firm had planned to announce £1 billion of investment in the London Gateway facility at the UK's International Investment Summit on October 14. Read in Full
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11OctAmong the unnamed businesses under investigation in the UK are likely to be maritime insurance firms. Read in Full
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11OctShip & Bunker's G20-VLSFO Index gained $4/mt to $616.50/mt on Thursday, having reached the lowest level since October 3 the previous day. Read in Full
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11OctMinerva expects to see the Med ECA driving a 30% increase in global MGO demand and a 5% cut in fuel oil demand, CEO Tyler Baron tells Ship & Bunker. Read in Full
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11OctThe technology's downsides may prove insurmountable in many cases, according to one shipping executive. Read in Full
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11OctSingapore biofuel bunker demand may reach 2 million mt next year, Vitol Asia CEO Mike Muller tells Ship & Bunker. Read in Full
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11OctThe ports in question are Ulsan, Shanghai, Singapore, Port Said, Rotterdam and Amsterdam, Maersk Oil Trading CEO Emma Mazhari tells Ship & Bunker. Read in Full
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10OctHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 3 – October 9, 2024. Read in Full
Insights & Analysis More
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Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker. -
Oct 03Global bunker hub demand continued to climb on a yearly basis in Q2, with Red Sea diversions the largest factor setting the market's direction. -
Oct 01New methanol production coming online in Asia will provide opportunities for its use as a bunker fuel there, Fratelli Cosulich's Guido Cardullo tells Ship & Bunker. -
Oct 01Steve Bee, group commercial director of VPS, discusses how to avoid fuel quality problems affecting your ship. -
Sep 25Matthias Winkler of fuel analysis firm CMT discusses ways shipowners can improve efficiency by paying closer attention to engine performance. -
Sep 25VPS sets out its guidance on upcoming changes to EU regulations for the offshore segment. -
Sep 18Investors in decarbonisation projects will be waiting for more clarity on regulations before committing to new activity, IBIA's Edmund Hughes tells Ship & Bunker. -
Sep 16Singapore's 2024 sales are heading for a gain of 4.6% from 2023's record high.
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.
Yemen & Red Sea Attacks
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Oct 10The ship came under attack about 70 nautical miles south-west of Al Hudaydah at 00:10 AM UTC on Thursday. -
Oct 01Change of status should come into force next year -
Oct 01The ship came under attack about 97 nautical miles north-west of Al Hudaydah at 4:15 AM UTC on Tuesday, following a separate incident earlier in the morning. -
Oct 01The ship came under attack about 64 nautical miles north-west of Al Hudaydah at 1:40 AM UTC on Tuesday. -
Sep 30Israeli aircraft attacked the ports of Ras Isa and Hodeidah on Sunday.
Top Stories More
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Oct 09The acquisition will add to Minerva's supply footprint in the Americas, Minerva CEO Tyler Baron tells Ship & Bunker. -
Oct 09The firm will add physical LNG and mass balanced LBM to its supply portfolio in Northwest Europe from January 2025. -
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker.
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Oct 04The ships will be able to deliver both biofuel blends -- up to 100% in biofuel content -- and methanol. -
Oct 04The International Longshoremen's Association and the United States Maritime Alliance have agreed to extend the previous master contract setting wages and employment conditions until January 15, 2025.
Decarbonisation and Alternative Marine Fuels & Power More
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Oct 11The technology's downsides may prove insurmountable in many cases, according to one shipping executive. -
Oct 09The industry is waiting for a revision of the IMO's CII regulation to take into account carbon capture systems' savings in GHG emissions, a carbon capture provider tells Ship & Bunker. -
Oct 08The authorities are planning to publish the new ammonia bunkering standards by the end of 2025, FueLNG's Saunak Rai tells Ship & Bunker. -
Oct 03The arrival of FuelEU presents a challenge for shipping companies that bunker players would be wise to understand. -
Oct 03A busy two months of new orders in July and August were followed by a smaller gain in September.
![Tricks of the Bunker Trade: Singapore Cappuccino Bunker Incident Report [Pictures]](https://shipandbunker.cdn.speedyrails.net/a/img/_rm_5d12171be954cec1a3ab1bd4cc9cf18b.v.630.jpg)
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 588.50 | 9.00 | 715.00 | 8.00 | 495.00 | 7.50 |
| Global 20 Ports Average | 624.00 | 7.50 | 766.00 | 3.00 | 519.00 | 4.50 |
| Global Average Bunker Price | 660.00 | 5.50 | 835.00 | 3.00 | 560.00 | 4.50 |
| Singapore | 620.00 | 10.00 | 696.00 | 8.00 | 494.50 | 7.00 |
| Rotterdam | 563.00 | 8.50 | 685.00 | 0.50 | 529.00 | 8.00 |
| Fujairah | 604.50 | 4.50 | 775.50 | 3.00 | 471.00 | 6.00 |
| Houston | 565.50 | 12.00 | 704.00 | 19.50 | 485.00 | 9.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 600.50 | 10.50 | - | 561.50 | 5.00 | |
| Hong Kong | 618.00 | 6.50 | 690.00 | 8.00 | 494.00 | 3.00 |
| Istanbul | 644.00 | 14.00 | 770.00 | 13.00 | 588.50 | 14.00 |
| LA / LB | 650.00 | 16.00 | 765.50 | 23.00 | 516.50 | 15.50 |
| Las Palmas |
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| Mumbai |
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| New York | 592.00 | 8.50 | 727.00 | 18.50 | 553.50 | 4.00 |
| Cristobal, Panama |
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| Piraeus | 645.00 | 5.50 | 754.00 | 3.50 | 523.00 | 2.50 |
| Santos | 626.50 | 18.00 | 838.50 | 14.00 | - | |
| Shanghai |
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| St Petersburg | 570.00 | 0.00 | 727.50 | 0.00 | 400.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 624.00 | 7.50 | 766.00 | 3.00 |
| Global 4 Ports Average | 588.50 | 9.00 | 715.00 | 8.00 |
| Global Average Bunker Price | 660.00 | 5.50 | 835.00 | 3.00 |
| Singapore | 620.00 | 10.00 | 696.00 | 8.00 |
| Fujairah | 604.50 | 4.50 | 775.50 | 3.00 |
| Rotterdam | 563.00 | 8.50 | 685.00 | 0.50 |
| Houston | 565.50 | 12.00 | 704.00 | 19.50 |
Bunker Jobs
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Oct 10The company is looking for candidates with at least five years of experience in bunker trading. -
Oct 09The company is looking for candidates with previous sales or trading experience, ideally within the bunker or maritime industries. -
Oct 08The company is looking for candidates with previous trading experience, fluent English and preferably Arabic or Hindi.
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Oct 07The company is looking for candidates with fluent English and a strong understanding of bunker markets in the region. -
Oct 06The company is looking for candidates with good English and Mandarin, as well as a degree in logistics or a related field.
Popular Now More
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Oct 09The acquisition will add to Minerva's supply footprint in the Americas, Minerva CEO Tyler Baron tells Ship & Bunker.
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Oct 11Minerva expects to see the Med ECA driving a 30% increase in global MGO demand and a 5% cut in fuel oil demand, CEO Tyler Baron tells Ship & Bunker. -
Oct 10The firm sold roughly 350,000 mt of marine fuel across the year, CEO Daniel Rose tells Ship & Bunker. -
Oct 07Based on a rough straw poll of its larger customers, World Fuel estimates about half of them are using additives in their fuel at least some of the time, the company tells Ship & Bunker.
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Oct 09Digital bunkering will need to be the default option for bunker suppliers from April 1, 2025, senior minister of state Amy Khor announces at Sibcon. -
Oct 11The technology's downsides may prove insurmountable in many cases, according to one shipping executive.
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Oct 11Singapore biofuel bunker demand may reach 2 million mt next year, Vitol Asia CEO Mike Muller tells Ship & Bunker.