Latest News
Former OW Bunker Executives to Pay $31 Million Compensation Over Firm's Collapse
Former CFO Morten Skou and Lars Møller, director of OW Bunker subsidiary Dynamic Oil Trading, were sentenced to pay the compensation to the firm's bankruptcy estate by a Danish court on Friday.
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09JanMeanwhile, Venezuela's acting president says she'll pursue mutual interests with Trump. Read in Full
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09JanCasper Borgen has been appointed to the role of general manager of Monjasa DMCC in Dubai as of this month. Read in Full
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09JanInspired by a whale's tail, ABB's electric ship propulsion concept is suitable for ships, including ferries and ro-ro ships. Read in Full
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09JanIn the marine fuel market, Galp supplies bunker fuels in Portugal while Moeve supplies in Spain. Read in Full
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09JanMaersk, CMA CGM, and Hapag-Lloyd say they are continuing services to Venezuela while closely monitoring security, operational and sanctions-related developments. Read in Full
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09JanThe approved design includes a 21,700 TEU ammonia-fuelled ultra-large container ship concept. Read in Full
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09JanThe EUR 162.3 million green financing will support the firm's acquisition of three ammonia-ready car carriers set for delivery this year. Read in Full
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09JanAustralia's Bureau of Meteorology says a tropical cyclone is developing off the northeast Queensland coast, with impacts expected from Saturday. Read in Full
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09JanScandlines says the ferry is among the world's largest battery-powered ferries. Read in Full
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09JanThe vessel is fitted with Bar Technologies' WindWings that can deliver an average of 1.5 mt/day of bunker saving per wing. Read in Full
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.
Read The Report in Full
Bunker Price Forecast - Q4 2025
Quarterly and full year bunker price forcast for 2025 and 2026. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.
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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.
Take Me To The CalculatorIMO 2050
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Dec 24Pacific Basin has cited the IMO delay as a key reason for it continuing to add conventionally-fuelled tonnage to its fleet. -
Dec 23In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant. -
Dec 22This industry is about relationships. Will AI strengthen or replace them? -
Dec 16Ossi Mettälä of NAPA Shipping Solutions discusses how EU and other GHG regulations are driving shipping companies to find new ways of cutting their emissions. -
Dec 08Trine Braathen of Blue Energy Partners discusses ways the shipping industry can improve GHG compliance strategy.
Top Stories More
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Jan 09Former CFO Morten Skou and Lars Møller, director of OW Bunker subsidiary Dynamic Oil Trading, were sentenced to pay the compensation to the firm's bankruptcy estate by a Danish court on Friday. -
Jan 07The G20-VLSFO Index hit its lowest level since 2020, but for ships in Europe this price drop was outweighed by the increase in EU-ETS compliance costs. -
Jan 01While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping. -
Dec 24Pacific Basin has cited the IMO delay as a key reason for it continuing to add conventionally-fuelled tonnage to its fleet.
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Dec 23In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant.
Insights & Analysis More
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Jan 07The G20-VLSFO Index hit its lowest level since 2020, but for ships in Europe this price drop was outweighed by the increase in EU-ETS compliance costs.
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Jan 01While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping.
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Dec 30Bunker sales in Fujairah dropped for the third consecutive month in November. -
Dec 23In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant.
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Dec 19Global bunker demand at key hubs gained 4.3% on the year in Q3, with 2025 as a whole heading for the highest total since 2019, but markets in the Americas are still underperforming. -
Dec 16Ossi Mettälä of NAPA Shipping Solutions discusses how EU and other GHG regulations are driving shipping companies to find new ways of cutting their emissions.
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Dec 15For the first time since May 2024, methanol bunker sales were recorded, with 3,000 mt sold in November. -
Dec 12The project has launched as of the start of this month, covering 20% of ARA volumes, with the first barges already loaded and making deliveries. -
Dec 08Steve Bee of VPS discusses the fuel quality impact so far seen from the Mediterranean ECA, pointing out in particular a rise in ULSFO problems. -
Dec 05We have not seen strong evidence to suggest that MFM deliveries will adhere to ISO 22192, a mandatory requirement of the Rotterdam bunker licence.
Decarbonisation and Alternative Marine Fuels & Power More
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Jan 09Scandlines says the ferry is among the world's largest battery-powered ferries. -
Jan 08LR says that higher carbon pricing will improve the competitiveness of hydrogen as a marine fuel. -
Jan 08The two hydrogen fuel cell-powered container ships will operate between Oslo and Rotterdam. -
Jan 08Straits Bio-LNG Pte is developing a biomethane liquefaction and storage facility in Malaysia. -
Jan 08Kawasaki Heavy Industries and Japan Suiso Energy will build the vessel with a hydrogen carrying capacity of 40,000 m3.
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Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 421.50 | 5.00 | 638.00 | 8.00 | 347.00 | 2.00 |
| Global 20 Ports Average | 462.00 | 4.00 | 712.50 | 7.00 | 394.00 | 5.00 |
| Global Average Bunker Price | 496.50 | 3.50 | 752.00 | 5.50 | 409.00 | 7.00 |
| Singapore | 430.50 | 7.00 | 607.00 | 13.50 | 360.00 | 2.50 |
| Rotterdam | 414.00 | 2.50 | 626.00 | 3.50 | 352.50 | 0.50 |
| Fujairah | 427.00 | 6.00 | 715.50 | 4.50 | 339.50 | 3.00 |
| Houston | 414.00 | 4.00 | 604.00 | 11.00 | 337.00 | 3.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 440.00 | 9.50 | - | 384.00 | 8.00 | |
| Hong Kong | 443.50 | 6.00 | 632.50 | 9.50 | 397.00 | 4.50 |
| Istanbul | 533.00 | 2.00 | 678.50 | 11.00 | 466.00 | 5.00 |
| LA / LB | 491.50 | 1.00 | 677.00 | 5.00 | 407.00 | 6.00 |
| Las Palmas |
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| Mumbai |
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| New York | 467.00 | 8.00 | 671.00 | 3.50 | 363.00 | 3.50 |
| Cristobal, Panama |
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| Piraeus | 501.50 | 1.50 | 686.50 | 2.50 | 378.50 | 3.00 |
| Santos | 430.00 | 0.00 | 775.00 | 0.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 462.00 | 4.00 | 712.50 | 7.00 |
| Global 4 Ports Average | 421.50 | 5.00 | 638.00 | 8.00 |
| Global Average Bunker Price | 496.50 | 3.50 | 752.00 | 5.50 |
| Singapore | 430.50 | 7.00 | 607.00 | 13.50 |
| Fujairah | 427.00 | 6.00 | 715.50 | 4.50 |
| Rotterdam | 414.00 | 2.50 | 626.00 | 3.50 |
| Houston | 414.00 | 4.00 | 604.00 | 11.00 |
Bunker Jobs
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Jan 08The company is looking for candidates with at least seven years of procurement experience. -
Jan 08Vedad Jami has joined the company as senior bunker trader in the UAE as of this month. -
Jan 06The company is looking for candidates with previous maritime or shipping experience, as well as fluent English and Spanish. -
Dec 29The company is looking for bunker traders at various European locations. -
Dec 24Maritime Recruitment Company Ltd is seeking candidates for bunker roles in the UK, US, Singapore and at the ARA hub, Vernon Jayanathan tells Ship & Bunker.
Popular Now More
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Sep 24Oilmar's management is now in the process of taking over ownership of the company, CEO Yusif Mammadov said in a note to clients seen by Ship & Bunker. -
Sep 23Peder Møller will take over as CEO of the world's largest marine fuels firm on October 6, succeeding Keld R. Demant. -
Sep 22The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China. -
Sep 23The new hire was previously a marine fuels trader for Oilmar in Houston from November 2023 to this month. -
Sep 23In July, Sri Lanka's Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster. -
Sep 24The facility is set to open in 2028 as the first dedicated LNG bunker terminal on the US Gulf Coast. -
Sep 23The company aims to offer retrofit solutions that would let existing ships run on ethanol.