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Middle East Bunkering Update

Middle East Bunkering Update

Most suppliers in Fujairah are quoting on a firm enquiry basis only as avails tighten amid ongoing disruptions, sources tell Ship & Bunker
  1. 19Mar
    Fujairah VLSFO sales dropped by 4.5% on the year to 365,258 m3 in February. Read in Full
  2. 19Mar
    Shipping Corporation of India has tapped a domestic shipbuilder to build the country's first methanol-fuelled supply ship. Read in Full
  3. 19Mar
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict. Read in Full
  4. 19Mar
    Bound4blue says its wind propulsion system has become popular in the tanker segment. Read in Full
  5. 19Mar
    LR says shipping's overall digital maturity stands at 2.1 out of 4. Read in Full
  6. 19Mar
    Richter joined the firm at the end of 2022. Read in Full
  7. 19Mar
    Sources tell Ship & Bunker the new tax currently does not apply to VLSFO bunker sales. Read in Full
  8. 19Mar
    Neel C. has joined Christiania Energy as a specialist, bunkers & lubricants in Dubai as of this month. Read in Full
  9. 19Mar
    IMO Secretary-General Arsenio Dominguez says shipping's resilience is being pushed to its limits by escalating geopolitical tensions. Read in Full
  10. 19Mar
    Iran has attacked Qatar's gas facilities in response to US-Israeli strikes on its own facilities yesterday. Read in Full
  11. 19Mar
    The company is looking for candidates with a solid understanding of the Singapore and Far East bunker market Read in Full
  12. 19Mar
    Solvang says the vessels are suitable for fitting with an onboard carbon capture system. Read in Full
  13. 19Mar
    Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 12 – March 18, 2026. Read in Full
  14. 18Mar
    Moeve's Samir Fernández talks to Shinji Umehara, President of NYK Trading. Read in Full
  15. 18Mar
    The US and Israel reportedly attacked the South Pars gas field in Iran - the world's largest - on Wednesday, causing a fire. Read in Full
  16. 18Mar
    Delivery comes ahead of Singapore's 2030 mandate for new harbour craft to run on electric, B100 biofuel or other net-zero fuels. Read in Full
  17. 18Mar
    Bureau Veritas says the approval reflects the growing role of digital tools in supporting vessel performance and reliability. Read in Full
  18. 18Mar
    Bio-LNG-fuelled vessels of the two firms will continue to generate compliance units for Gasum's pool in 2026. Read in Full

Middle East Conflict

  1. Hubs Away From Middle East See Significant Rise in Bunker Operations: Spotbarge
    Mar 19
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict.
  2. IMO Secretary-General: 20,000 Seafarers Stranded in Persian Gulf
    Mar 19
    IMO Secretary-General Arsenio Dominguez says shipping's resilience is being pushed to its limits by escalating geopolitical tensions.
  3. UKMTO Reports Vessel Attack Off Qatar
    Mar 19
    Iran has attacked Qatar's gas facilities in response to US-Israeli strikes on its own facilities yesterday.
  4. Middle East Bunkering Update
    Mar 19
    Most suppliers in Fujairah are quoting on a firm enquiry basis only as avails tighten amid ongoing disruptions, sources tell Ship & Bunker
  5. Crude Futures Surge as US and Israel Strike Energy Infrastructure in Iran
    Mar 18
    The US and Israel reportedly attacked the South Pars gas field in Iran - the world's largest - on Wednesday, causing a fire.
  6. Maersk Adjusts Bunker Supply as Gulf Disruption Hits Fuel Flows
    Mar 17
    Maersk says it is redistributing bunker supply across its network to safeguard operational stability.
  7. IEA Executive Director Says More Oil Releases Possible If Disruptions Continue
    Mar 17
    IEA Executive Director Fatih Birol says even with a Hormuz shipping restart, global energy trade will take time to recover.
  8. Hormuz Transits Down 95% as Middle East Conflict Disrupts Shipping
    Mar 17
    Clarksons Research says around 1,100 ships, including 250 oil tankers, are currently stuck in the Gulf.
  9. UKMTO Reports Overnight Tanker Attack Off Fujairah
    Mar 17
    The vessel has reported minor damage following an attack last night.
  10. Oil Loading Suspended at Fujairah After New Drone Attack
    Mar 16
    No casualties were reported after the latest attack on Monday morning, following another incident on Saturday.

Bunker Demand in Key Markets

In the third quarter of 2025 bunker bemand at key marine fuel hubs advanced 4.3% on a yearly basis, according to the latest market survey of bunker sales volumes in 17 leading global locations.

Bunker Price Forecast - Q1 2026

Quarterly and full year bunker price forcast for 2026 and 2027. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 466.00 99.00 958.50 203.00 993.50 210.50
Rotterdam 303.50 13.00 624.50 27.00 647.50 28.00
Houston 372.50 10.50 766.50 22.00 794.50 23.00
Fujairah 290.50 32.00 597.50 66.00 619.50 68.50

Compliance Costs Calculator

Planning for the future? Ship & Bunker has developed a calculator to help shipping companies and other maritime stakeholders estimate the compliance costs for EU ETS, FuelEU Maritime, and IMO 20208 / NZF regulations for their chosen energy mix for the years 2028-2035.

Top Stories More

  1. Hubs Away From Middle East See Significant Rise in Bunker Operations: Spotbarge
    Mar 19
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict.
  2. Viewpoint: The Hidden Cost of Buying Bunkers by the Ton
    Mar 18
    Ships do not run on tons of fuel. They run on energy, writes Fuelsure.
  3. Oil Loading Suspended at Fujairah After New Drone Attack
    Mar 16
    No casualties were reported after the latest attack on Monday morning, following another incident on Saturday.
  4. Bunkering Continues at Fujairah Despite Fire After New Attack
    Mar 14
    Bunker operations have continued throughout the day Saturday, but new operations overnight are unlikely, a local source tells Ship & Bunker.
  5. Half of the World's Bunker Fuel Still Sold by Just 10 Companies
    Mar 13
    The top ten global bunkering firms handled about half of global bunker demand in 2025.

Insights & Analysis More

  1. Hubs Away From Middle East See Significant Rise in Bunker Operations: Spotbarge
    Mar 19
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict.
  2. FEATURED VIDEO: Moeve & NYK Trading Discuss their Joint Journey with Second-Generation Biofuels
    Mar 18
    Moeve's Samir Fernández talks to Shinji Umehara, President of NYK Trading.
  3. Viewpoint: The Hidden Cost of Buying Bunkers by the Ton
    Mar 18
    Ships do not run on tons of fuel. They run on energy, writes Fuelsure.
  4. ANALYSIS: Singapore February Bunker Sales Up 12% Year-on-Year
    Mar 16
    February's total conventional and biofuel blend sales were still the lowest since June 2025.
  5. Half of the World's Bunker Fuel Still Sold by Just 10 Companies
    Mar 13
    The top ten global bunkering firms handled about half of global bunker demand in 2025.
  6. New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
    Mar 12
    With the EIA now forecasting Brent to average $90.56/bl in Q2, global VLSFO prices are likely to hold over $700/mt in April-June.
  7. VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
    Mar 12
    Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.
  8. Port of Rotterdam Sees Collaboration as Key to Higher Standards as MFM Mandate Launches
    Mar 11
    The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker.
  9. INTERVIEW: WinGD Sees Ethanol as Low-Cost Energy Transition "Game-Changer" for Shipping
    Mar 11
    Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026.
  10. We See No Evidence of Alt Fuel Engine Orders Switching to Conventional Bunkers: WinGD
    Mar 09
    It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.

Decarbonisation, Alternative Marine Fuels and Power More

  1. FEATURED VIDEO: Moeve & NYK Trading Discuss their Joint Journey with Second-Generation Biofuels
    Mar 18
    Moeve's Samir Fernández talks to Shinji Umehara, President of NYK Trading.
  2. First Fully Electric Tugboat Delivered in Singapore
    Mar 18
    Delivery comes ahead of Singapore's 2030 mandate for new harbour craft to run on electric, B100 biofuel or other net-zero fuels.
  3. Gasum Extends FuelEU Pooling Partnership with Viking Line and Wallenius Sol
    Mar 18
    Bio-LNG-fuelled vessels of the two firms will continue to generate compliance units for Gasum's pool in 2026.
  4. Mumbai Port Explores Methanol Supply as Marine Fuel
    Mar 18
    The Indian port is inviting industry participation as it looks to develop methanol bunkering capability.
  5. Orlen Adds Two LNG Carriers to Fleet
    Mar 18
    The vessels are equipped with dual-fuel engines capable of operating on both LNG and conventional marine fuels.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 907.00 12.50 1463.50 1.00 753.00 7.50
Global 20 Ports Average 1014.00 3.00 1510.00 16.50 861.00 13.50
Global Average Bunker Price 1012.00 3.00 1464.50 19.00 785.50 3.00
Singapore 1004.50 72.00 1777.00 30.00 802.00 13.00
Rotterdam 784.00 20.00 1193.00 14.00 718.50 1.00
Fujairah 1032.00 28.50 1642.50 9.00 812.00 26.50
Houston 806.50 28.50 1240.50 28.50 681.00 44.50
Busan - login to view prices or
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Colombo - login to view prices or
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Durban - login to view prices or
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Gibraltar 861.50 29.00 - 774.50 8.50
Hong Kong 1047.00 53.00 1470.50 43.50 885.00 21.00
Istanbul 915.50 2.00 1293.00 10.50 764.00 11.00
LA / LB 1098.00 3.50 1283.00 11.50 883.00 4.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 773.00 32.00 1305.00 46.50 665.50 33.50
Cristobal, Panama - login to view prices or
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Piraeus 873.50 24.50 1289.50 6.50 767.50 0.50
Santos 1106.00 87.00 1690.00 55.00 -
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