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INSIGHT: Maritime Leaders Must Act Now to Meet Climate Targets

INSIGHT: Maritime Leaders Must Act Now to Meet Climate Targets

Jari Yli-Tolppa of Elomatic sets out the need for urgent action to drive shipping's energy transition.
  1. 15Sep
    Hawks Group has opened a new Istanbul office with Cemil Ünsal and Göksu Mete as bunker traders. Read in Full
  2. 15Sep
    Germany's stance comes as the US threatens tariffs on countries backing the IMO deal. Read in Full
  3. 15Sep
    Maersk aims to deploy 19 dual-fuel boxships by year-end. Read in Full
  4. 15Sep
    More than 300 vessels from 12 shipping companies joined the campaign in June to August, seeking to improve vessel operating efficiency and lower fuel consumption. Read in Full
  5. 15Sep
    August VLSFO sales in Singapore were the highest level since October 2024. Read in Full
  6. 15Sep
    The company is looking for candidates with eight to 10 years of sourcing experience from previous employment. Read in Full
  7. 15Sep
    The firm has hired Tom Ireland to lead the new office, serving as head of bunkers for the Americas. Read in Full
  8. 15Sep
    DNV says LNG will account for a major chunk of the shipping industry's alternative fuel consumption. Read in Full
  9. 15Sep
    Peter Borup is set to join Quadrise as CEO as of October 1. Read in Full
  10. 15Sep
    Van Oord is using hopper dredgers fuelled largely by bio-LNG for coastal replenishment. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 333.50 0.50 686.00 0.50 711.50 1.00
Rotterdam 286.00 1.00 588.50 2.00 610.00 2.00
Houston 327.50 6.50 673.50 13.50 698.00 14.00
Fujairah 206.00 3.50 424.50 7.00 440.00 7.00

Bunker Price Forecast - Q3 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.

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Top Stories More

  1. US Threatens Increased Tariffs if IMO 2028 Framework is Adopted: Report
    Sep 04
    The Trump administration is considering using tariffs, visa restrictions and port levies as a means of encouraging opposition to the deal.
  2. VPS: A Global Pandemic of High Cat-fines in Marine Fuel
    Sep 04
    Steve Bee of VPS discusses recent high levels of cat-fines found in VLSFO samples at ports around the world.
  3. Dan-Bunkering Faces Bribery Allegation in US Legal Fight With Former Staff
    Aug 29
    Dan-Bunkering has denied an allegation of 'commercial bribery' raised in a lawsuit involving two former US employees over alleged breach of contract.
  4. Fuelre4m: Rethinking Fuel Efficiency in Maritime Shipping
    Aug 18
    Rob Mortimer, CEO of Fuelre4m, discusses the limitations of using Specific Fuel Oil Consumption and manufacturer power curves to measure fuel efficiency.

Insights & Analysis More

  1. ANALYSIS: Singapore August Bunker Sales Climb 8.5% Year-on-Year
    Sep 15
    August VLSFO sales in Singapore were the highest level since October 2024.
  2. INSIGHT: Maritime Leaders Must Act Now to Meet Climate Targets
    Sep 15
    Jari Yli-Tolppa of Elomatic sets out the need for urgent action to drive shipping's energy transition.
  3. Panama August Bunker Sales Jump 8.2% On the Month
    Sep 11
    August VLSFO sales in Panama were the highest since March 2025.
  4. INSIGHT: Med ECA Impacts, Now and Next
    Sep 10
    Glander International Bunkering discusses the impact of the ongoing rollout of sulfur ECAs around the world.
  5. INSIGHT: The Contractual Pitfalls of FuelEU Maritime
    Sep 05
    Julien Rabeux of West of England P&I Club discusses the contractual considerations to make when analysing the FuelEU Maritime regulation.
  6. VPS: A Global Pandemic of High Cat-fines in Marine Fuel
    Sep 04
    Steve Bee of VPS discusses recent high levels of cat-fines found in VLSFO samples at ports around the world.
  7. INSIGHT: The Importance of Respect in the Bunker Industry
    Sep 03
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the advantages for bunker companies in creating a culture of respect among their staff.
  8. Fuelre4m: Rethinking Fuel Efficiency in Maritime Shipping
    Aug 18
    Rob Mortimer, CEO of Fuelre4m, discusses the limitations of using Specific Fuel Oil Consumption and manufacturer power curves to measure fuel efficiency.

Yemen & Red Sea Attacks

  1. UKMTO Reports 'Suspicious Activity' in Red Sea
    Sep 05
    The incident happened about 178 nautical miles north-west of Al Hudaydah early on Thursday morning.
  2. Houthis Claim Attack on Boxship in Red Sea
    Sep 03
    AIS data shows MSC Aby arrived in Jeddah on Tuesday, with no independent confirmation of the claimed attack.
  3. Houthis Claim Missile Strike on Tanker in Red Sea
    Sep 01
    Houthis claim the missile directly hit the tanker, Scarlet Ray.
  4. UKMTO Reports Potential Ship Attack in Red Sea
    Sep 01
    The incident happened about 40 nautical miles south-west of Yanbu at 5:30 UTC on Sunday.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Maersk Dual-Fuel Methanol Boxship Fleet Expands to 16
    Sep 15
    Maersk aims to deploy 19 dual-fuel boxships by year-end.
  2. 2025 VPS Maress Decarbonization Campaign Sees Average 10% Fuel Saving
    Sep 15
    More than 300 vessels from 12 shipping companies joined the campaign in June to August, seeking to improve vessel operating efficiency and lower fuel consumption.
  3. INSIGHT: Maritime Leaders Must Act Now to Meet Climate Targets
    Sep 15
    Jari Yli-Tolppa of Elomatic sets out the need for urgent action to drive shipping's energy transition.
  4. Shipping to Reach 50 Mtoe Alternative Fuel Capacity by 2030: DNV
    Sep 15
    DNV says LNG will account for a major chunk of the shipping industry's alternative fuel consumption.
  5. Van Oord Using Bio-LNG Powered Dredger for Dutch Coastal Works
    Sep 15
    Van Oord is using hopper dredgers fuelled largely by bio-LNG for coastal replenishment.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 476.00 1.00 685.00 2.50 394.50 3.00
Global 20 Ports Average 516.50 1.00 758.50 1.50 437.00 1.50
Global Average Bunker Price 557.50 3.00 799.50 4.00 453.00 5.00
Singapore 480.50 3.50 675.00 3.50 407.00 1.00
Rotterdam 458.50 9.50 680.00 7.00 399.00 8.00
Fujairah 478.50 3.00 730.00 7.00 386.50 7.00
Houston 484.00 1.00 672.50 1.50 402.00 1.00
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 494.50 2.50 - 433.00 10.00
Hong Kong 494.50 1.00 675.00 6.50 422.00 0.50
Istanbul 611.50 0.00 761.00 7.50 521.50 8.50
LA / LB 515.00 2.00 801.00 9.50 432.00 4.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 504.00 4.00 719.00 14.50 419.50 0.50
Cristobal, Panama - login to view prices or
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Piraeus 566.50 6.50 765.00 5.50 455.00 9.50
Santos 492.00 2.50 799.00 2.00 -
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