Latest News Read All News
Middle East Conflict
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Mar 10IMO Secretary-General Arsenio Dominguez has condemned attacks on seafarers and urged respect for freedom of navigation.
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Mar 10The US says the $20 billion war-risk reinsurance scheme aims to restore confidence in trade through the Strait of Hormuz during tensions with Iran.
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Mar 10Sources tell Ship & Bunker that they are urging customers to float their bunker enquiries as soon as possible.
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Mar 09Bunker prices have climbed to multi-year highs amid middle East conflict.
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Mar 09The Singapore market is indicating prices at the highest level since 2022.
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Mar 09Sources tell Ship & Bunker that barge loadings have been suspended following the Sunday incident.
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Mar 09G7 finance ministers will reportedly hold an emergency meeting on Monday to discuss a possible joint release of petroleum reserves.
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Mar 06The incident occurred about six nautical miles north of Oman in the Strait of Hormuz at 12:57 UTC on Friday.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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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 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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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.
Insights & Analysis More
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Mar 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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Mar 06Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year.
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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.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 10The dual-fuel vessel will be deployed on the South China-US Southeast route.
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Mar 10The two cable repair vessels are being built at Colombo, with delivery expected in 2028 and 2029.
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Mar 10The project will assess the feasibility of nuclear-powered electric propulsion for a 16,000 TEU container vessel.
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Mar 10The technology aims to reduce harmful emissions from ammonia-powered marine engines.
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Mar 09Trials on two Baltic Sea ferries found no negative effect on engines while using bio-LNG as a substitute for fossil LNG.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 910.00 | 194.00 | 1391.00 | 196.50 | 858.00 | 216.00 |
| Global 20 Ports Average | 929.00 | 194.00 | 1330.00 | 176.50 | 886.00 | 237.00 |
| Global Average Bunker Price | 841.50 | 101.50 | 1249.00 | 114.50 | 752.50 | 125.50 |
| Singapore | 1116.00 | 293.50 | 1768.00 | 385.00 | 1073.00 | 351.00 |
| Rotterdam | 772.50 | 141.00 | 1162.50 | 109.00 | 767.50 | 160.50 |
| Fujairah | 975.50 | 233.00 | 1411.00 | 209.00 | 924.00 | 249.00 |
| Houston | 775.50 | 107.50 | 1222.50 | 84.00 | 668.50 | 104.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 861.50 | 181.00 | - | 816.50 | 182.50 | |
| Hong Kong | 1083.50 | 284.00 | 1421.00 | 173.00 | 1027.50 | 320.50 |
| Istanbul | 929.00 | 161.00 | 1362.50 | 225.00 | 817.00 | 140.00 |
| LA / LB | 992.00 | 265.50 | 1231.50 | 226.50 | 859.00 | 227.00 |
| Las Palmas |
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| Mumbai |
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| New York | 747.50 | 83.50 | 1252.50 | 81.00 | 639.00 | 52.00 |
| Cristobal, Panama |
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| Piraeus | 835.50 | 111.00 | 1250.50 | 161.50 | 815.50 | 166.00 |
| Santos | 872.00 | 206.00 | 1046.00 | 242.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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