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Shipping Industry Needs to Rethink its Decarbonization Plans

Shipping Industry Needs to Rethink its Decarbonization Plans

Route to decarbonize the existing bunker supply chain set for commercial maturity in 2022.
  1. 25Apr
    Minerva will play a role in the transition of the marine fuels market, he says of the newly reimagined bunker supplier. Read in Full
  2. 25Apr
    Some want a phased approach. Read in Full
  3. 24Apr
    BlackRock chief says output from the Arab Gulf will compensate for Iran. Read in Full
  4. 24Apr
    To support its growth plans in the higher price environment expected due to the new sulfur cap. Read in Full
  5. 24Apr
    Construction to start this year, startup is expected in 2021. Read in Full
  6. 24Apr
    Stresses importance of Ship Implementation Plans. Read in Full
  7. 24Apr
    Despite having no formal obligation to ensure vessels lift compliant fuel. Read in Full

Latest Bunker Prices See All Bunker Prices

IFO380 IFO180 MGO
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 439.50 3.50 480.50 0.50 666.50 3.50
Global 20 Ports Average 450.50 1.50 474.50 0.50 692.50 0.50
Global Average Bunker Price 480.50 2.00 501.50 2.00 735.00 2.00
Singapore 440.00 3.50 477.00 0.50 640.50 2.50
Rotterdam 431.50 4.00 472.00 1.50 617.50 8.00
Fujairah 440.50 4.00 471.50 2.50 746.00 1.50
Houston 446.00 3.00 501.00 1.50 661.00 2.00
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Gibraltar 453.00 4.00 484.50 14.00 -
Hong Kong 450.00 1.00 457.00 2.50 654.50 1.00
Istanbul 453.50 4.50 481.00 6.00 674.50 3.50
LA / LB 451.00 0.50 472.00 1.00 766.50 1.50
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New York 457.00 0.50 483.50 2.00 666.00 3.00
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Piraeus 446.00 3.00 465.00 4.00 671.50 5.00
Santos 434.50 5.50 465.00 6.00 746.50 3.50
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