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Middle East Conflict
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Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 05Maersk has joined other container lines by cancelling cargo bookings to and from several Middle East ports.
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Mar 05Tanker groups urge industry to prioritise seafarer safety and rely on verified information when making operational decisions.
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Mar 05China has asked its refiners to suspend signing new contracts to export refined products and to attempt to cancel shipments already agreed to.
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Mar 05The vessel has taken on water, and oil from the cargo is spilling into the sea.
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Mar 04Security concerns in the region have led some suppliers to suspend bunker deliveries at the major UAE marine fuel hub.
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Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday.
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Mar 04Ports including Duqm, Sohar, Muscat and Salalah remain operational despite drone strikes reported at key facilities.
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Mar 04The 550,000 b/d refinery came under a suspected drone attack on Wednesday morning.
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Mar 04The Chinese shipping company has joined other carriers in suspending bookings to Middle East ports.
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Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday.
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Mar 04The 550,000 b/d refinery came under a suspected drone attack on Wednesday morning.
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Mar 04The tanker heard a loud explosion and debris from an unknown projectile was found on its deck about 10 nautical miles east of Fujairah at 10:30 PM UTC.
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Mar 04The case is over an alleged unpaid debt of $230,040.26 relating to the supply of about 500 mt of VLSFO to the M/V Alexandris, a source tells Ship & Bunker.
Insights & Analysis More
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Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 03Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
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Mar 03A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker.
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Mar 03After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next.
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Mar 03Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker.
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Mar 02Fujairah's market - reliant on ships crossing the Strait of Hormuz for its demand - is largely on hold until clarity emerges, local sources tell Ship & Bunker.
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Feb 24Trading firm Oilmar is marking its growth and development over the past decade with a series of charity partnerships.
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Feb 16But some see the current climate as an opportunity to expand on favourable terms, sources at IE Week events tell Ship & Bunker.
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Feb 16January HSFO sales jumped by 30.4% on the year, with the grade accounting for 41.6% of the total bunker sales.
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Feb 12Paul Bayliss of Fuelre4m discusses the need for collaboration to demonstrate the efficacy of decarbonisation technologies.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 05While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.
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Mar 05Pilbara Ports says most ships operating in Western Australia's Pilbara region typically take on bunkers outside the region for their full round voyages.
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Mar 05Singapore plans to unveil the plan in 2027 to shape the future of its maritime sector.
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Mar 05The companies warn that delays and policy uncertainty could weaken investment momentum in shipping decarbonisation.
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Mar 05The EC's new maritime strategy includes measures to streamline reporting requirements under EU ETS and FuelEU Maritime.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 631.50 | 26.00 | 1019.00 | 49.00 | 556.00 | 20.00 |
| Global 20 Ports Average | 659.00 | 30.00 | 1029.00 | 47.50 | 583.50 | 25.00 |
| Global Average Bunker Price | 671.00 | 36.00 | 996.50 | 48.00 | 570.00 | 23.00 |
| Singapore | 658.50 | 18.00 | 1039.50 | 72.00 | 597.50 | 26.50 |
| Rotterdam | 607.00 | 33.50 | 985.50 | 41.00 | 554.00 | 21.00 |
| Fujairah | 672.50 | 43.50 | 1105.00 | 60.50 | 602.00 | 25.50 |
| Houston | 589.00 | 10.00 | 946.50 | 23.50 | 471.00 | 7.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 627.00 | 39.50 | - | 586.00 | 58.50 | |
| Hong Kong | 663.00 | 42.00 | 1047.50 | 131.00 | 608.50 | 31.50 |
| Istanbul | 736.50 | 5.00 | 1089.50 | 22.50 | 621.50 | 32.50 |
| LA / LB | 689.50 | 41.50 | 927.00 | 19.00 | 591.50 | 24.00 |
| Las Palmas |
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| Mumbai |
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| New York | 622.50 | 9.00 | 1054.00 | 87.50 | 534.50 | 11.50 |
| Cristobal, Panama |
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| Piraeus | 689.00 | 44.50 | 1014.50 | 7.00 | 593.50 | 14.50 |
| Santos | 604.00 | 18.00 | 874.00 | 91.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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