Latest News
IMO Pushes Ahead with Carbon Capture Framework
Carbon capture's profitability under the IMO 2028 deal will depend upon the system used and how the carbon is disposed of, a Value Maritime representative tells Ship & Bunker.
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22AprBut at least one pundit thinks Monday's sell-off was overdone. Read in Full
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22AprThe vessel features wind-assisted propulsion and hybrid battery technology. Read in Full
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22AprThe newly inaugurated cruise terminal is designed to handle 10,000 passengers a day. Read in Full
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22AprThe company is looking for candidates with sales experience, particularly in maritime or fuels. Read in Full
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22AprZhoushan Qifan Shipyard is fully booked through 2028 after a major turnaround. Read in Full
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22AprA ship operated by Quetzal became the first LNG-powered boxship to call at Port Everglades. Read in Full
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22AprShip & Bunker's G20-VLSFO Index dropped with crude futures on Monday. Read in Full
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22AprWEC Lines will raise its fuel recovery charge from 1 May to cover higher costs tied to new low-sulfur fuel rules in the Mediterranean ECA. Read in Full
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21AprMeanwhile, Donald Trump continues to dominate a bearish market. Read in Full
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21AprThe two dual-fuel LPG carriers will be delivered by July 2027. Read in Full
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21AprThe move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region. Read in Full
MEPC 83 & IMO 2028
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028. -
Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO. -
Apr 15The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028. -
Apr 14While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator. -
Apr 11IMO secretary-general Arsenio Dominguez says the agreement reached this week should be seen as a positive outcome. -
Apr 10IMO's team approach will get the job done despite US delegation no-show. -
Apr 09A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'. -
Apr 07At the opening of MEPC 83, Arsenio Dominguez called for consensus on the net-zero mandate and other key environmental goals.
Top Stories More
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
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Apr 11While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker.
Insights & Analysis More
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Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 17If the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal. -
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
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Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14Steve Bee of VPS discusses how to avoid engine damage from cat fines. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
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Apr 11While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker.
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Apr 10Steve Bee of VPS discusses the use of advanced testing methods to avoid fuel quality problems. -
Apr 08Steve Bee and Emilian Buksak of VPS discuss how the shipping industry should approach the energy transition.
Yemen & Red Sea Attacks
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Apr 21The move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region. -
Mar 26Nearly 1 million mt of bunker fuel was sold in Port Louis in 2024, almost double that from 2023. -
Mar 25Vice President JD Vance reportedly sees Houthi attacks on commercial shipping as more of a problem for Europe than the US.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 22Carbon capture's profitability under the IMO 2028 deal will depend upon the system used and how the carbon is disposed of, a Value Maritime representative tells Ship & Bunker. -
Apr 21Indonesia is partnering with HDF Energy to explore solar-powered green hydrogen as a pathway to decarbonise its shipping sector. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 18Mitsui views e-fuels as a promising solution for reducing GHG emissions in the shipping sector. -
Apr 17Built by Cemre Shipyard, the electric ferry is set for deployment in the northern waters of Norway.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 478.00 | 7.00 | 641.50 | 4.50 | 424.50 | 2.00 |
| Global 20 Ports Average | 526.00 | 3.50 | 720.00 | 3.00 | 463.00 | 1.00 |
| Global Average Bunker Price | 567.00 | 1.00 | 754.00 | 0.50 | 477.00 | 0.50 |
| Singapore | 495.00 | 6.50 | 609.50 | 0.50 | 435.50 | 7.50 |
| Rotterdam | 456.50 | 9.00 | 617.00 | 4.00 | 426.00 | 9.00 |
| Fujairah | 489.50 | 9.00 | 713.00 | 12.50 | 434.50 | 6.00 |
| Houston | 470.50 | 3.50 | 627.50 | 10.00 | 401.00 | 4.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 498.00 | 8.00 | - | 475.50 | 10.00 | |
| Hong Kong | 509.00 | 4.00 | 621.00 | 5.00 | 469.50 | 2.50 |
| Istanbul | 599.50 | 13.00 | 726.50 | 7.50 | 518.00 | 2.00 |
| LA / LB | 567.50 | 1.00 | 719.50 | 1.00 | 486.50 | 5.00 |
| Las Palmas |
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| Mumbai |
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| New York | 503.50 | 0.00 | 655.00 | 0.00 | 446.50 | 0.00 |
| Cristobal, Panama |
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| Piraeus | 538.00 | 0.00 | 685.50 | 0.00 | 451.00 | 0.00 |
| Santos | 504.50 | 0.00 | 788.50 | 4.00 | - | |
| Shanghai |
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| St Petersburg | 550.00 | 0.00 | 707.50 | 0.00 | 410.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 526.00 | 3.50 | 720.00 | 3.00 |
| Global 4 Ports Average | 478.00 | 7.00 | 641.50 | 4.50 |
| Global Average Bunker Price | 567.00 | 1.00 | 754.00 | 0.50 |
| Singapore | 495.00 | 6.50 | 609.50 | 0.50 |
| Fujairah | 489.50 | 9.00 | 713.00 | 12.50 |
| Rotterdam | 456.50 | 9.00 | 617.00 | 4.00 |
| Houston | 470.50 | 3.50 | 627.50 | 10.00 |
Bunker Jobs
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Apr 22The company is looking for candidates with sales experience, particularly in maritime or fuels. -
Apr 15The company is looking for candidates with some experience in shipping, maritime or the oil industry and fluent Vietnamese and English. -
Apr 14The company is looking for candidates with proven bunker surveying experience and fluent English and Dutch. -
Apr 14The company is seeking candidates with at least ten years of experience in product management, product development and/or engineering for the Maidenhead-based role. -
Apr 09Maritime Recruitment Company Ltd is seeking candidates for a junior bunker trader role in Singapore, Vernon Jayanathan tells Ship & Bunker.
Popular Now More
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Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 21Chinese shipping firm COSCO says US port fees on Chinese vessels threaten the normal functioning of global shipping. -
Apr 21The move could significantly dent Houthi capabilities, as the group may lose vital Iranian naval support just as US forces intensify operations in the region.
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Apr 22WEC Lines will raise its fuel recovery charge from 1 May to cover higher costs tied to new low-sulfur fuel rules in the Mediterranean ECA. -
Apr 22Zhoushan Qifan Shipyard is fully booked through 2028 after a major turnaround. -
Apr 18Initial Ship & Bunker estimates show surplus units generated by the use of FAME B100 may be available for as little as $312/mtCO2e in 2028.
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Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.