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INTERVIEW: IBIA Executive Alexander Prokopakis Talks Hong Kong Convention Highlights and What Comes Next

INTERVIEW: IBIA Executive Alexander Prokopakis Talks Hong Kong Convention Highlights and What Comes Next

Prokopakis gives his thoughts on 'one of our strongest conventions to date' along exclusive news on a new member benefit coming soon.
  1. 26Nov
    The stem was conducted by Wolverine Terminals earlier this month. Read in Full
  2. 26Nov
    A new report from Lloyd's Register and LucidCatalyst on behalf of Seaspan Corporation examines the benefits for a 15,000 TEU boxship of running with a nuclear reactor. Read in Full
  3. 26Nov
    The company is looking for candidates with at least five years of experience in marine fuels, trading or related commercial roles. Read in Full
  4. 26Nov
    The firm consumed 251,017 mt of B24 in the year to March 31, 2024, up by 3893% from the 6,287 mt used in the same period a year earlier. Read in Full
  5. 26Nov
    The company is looking for candidates with at least three years of experience in bunker trading. Read in Full
  6. 26Nov
    Following a meeting with the Suez Canal Authority, the company is reportedly planning an initial return of some of its vessels to using Suez from next month. Read in Full
  7. 26Nov
    The firm is now able to offer 0.10% sulfur bio-MGO blends and 3.50% sulfur bio-HSFO blends at ports on the south coast of the UK. Read in Full
  8. 26Nov
    Global VLSFO prices have been dropping since early last week. Read in Full
  9. 25Nov
    Meanwhile, Canada may or may not build the first oil pipeline in decades. Read in Full
  10. 25Nov
    The reported agreement follows US talks with a Russian delegation in Abu Dhabi on Monday. Read in Full

IBIA Convention 2025

  1. INTERVIEW: IBIA Executive Alexander Prokopakis Talks Hong Kong Convention Highlights and What Comes Next
    Nov 26
    Prokopakis gives his thoughts on 'one of our strongest conventions to date' along exclusive news on a new member benefit coming soon.
  2. IBIA CONVENTION 2025: Conventional Fuel Demand Expected Flat for Next Few Years
    Nov 25
    Conventional bunker demand remains under sustained pressure from improved fuel-efficiency measures from the shipping industry as it seeks to cut fuel bills and reduce emissions.
  3. IBIA Convention 2025 Wrap-Up: Key Discussion Points and Event Takeaways
    Nov 25
    IMO NZF, MFMs, other efforts towards decarbonization took centre stage at IBIA's annual convention in Hong Kong.
  4. IBIA CONVENTION 2025: Will There Be Enough Alternative Fuels?
    Nov 24
    With the global fleet capable of consuming 50 million mt/year of alternative fuels by 2030, questions remain over how quickly supply can be scaled.
  5. IBIA CONVENTION 2025: China's Ambitions Make Methanol Attractive for Bulkers
    Nov 24
    Bulkers have had limited uptake of methanol-fuelled ships thus far, but this has begun to change in recent months with China's backing for the fuel.
  6. IBIA CONVENTION 2025: MFMs Should be Bunker Industry's Top Priority - TFG
    Nov 24
    "What we can do as an industry is to fix the market which is not transparent, not compliant, and is not safe," TFG's Kenneth Dam tells delegates in Hong Kong.
  7. IBIA CONVENTION 2025: Fewer LNG Bunker Ports Mean Buyer Has Less Leverage
    Nov 21
    Some speakers at the IBIA Annual Convention view suppliers holding the upper hand during LNG bunkering.
  8. IBIA CONVENTION 2025: LNG, Biofuel and Carbon Capture Are Shipping's Low-Hanging Fruit
    Nov 20
    Despite the hype around ammonia and methanol, some speakers at the IBIA Annual Convention see LNG, biofuel and carbon capture as the most accessible options.
  9. IBIA CONVENTION 2025: China Seen Taking Centre Stage in Green Bunkers Production
    Nov 20
    China's expanding renewable power capacity is strengthening its position in future green bunker supply.
  10. IBIA CONVENTION 2025: South Korea to Get More Biofuel Volume for Bunkering Next Year
    Nov 20
    South Korea may see more biofuel volume available for bunkering next year, with some new players looking to enter the space.

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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Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 335.50 2.50 690.50 5.00 716.00 5.00
Rotterdam 285.50 1.00 587.00 1.50 608.50 1.50
Houston 310.00 4.50 637.50 9.50 661.00 9.50
Fujairah 186.50 3.50 383.50 7.50 397.50 7.50

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.

Take Me To The Calculator

IMO 2050

  1. IBIA CONVENTION 2025: Industry Sees Little Cause for IMO Optimism
    Nov 19
    The shipping and bunkering industries are engaged in soul-searching over what can be salvaged from global decarbonisation efforts after last month's decision to delay.

Top Stories More

  1. Maersk Plans Return to Suez Canal in Move That May Cut Global Bunker Demand
    Nov 26
    Following a meeting with the Suez Canal Authority, the company is reportedly planning an initial return of some of its vessels to using Suez from next month.
  2. INTERVIEW: New Dan-Bunkering US Chief Sees Oil and Gas as Key to Growth
    Nov 25
    Dan-Bunkering USA currently sells just short of 1 million mt/year of marine fuels in the Americas, and sees oil and gas as a key part of its future growth.
  3. IBIA Convention 2025 Wrap-Up: Key Discussion Points and Event Takeaways
    Nov 25
    IMO NZF, MFMs, other efforts towards decarbonization took centre stage at IBIA's annual convention in Hong Kong.
  4. Singapore to Hand Out Methanol Bunkering Licences to Three Firms
    Nov 24
    The three companies were chosen from a pool of 13 applications.
  5. IBIA CONVENTION 2025: South Korea MFM Mandate Could Come as Soon as 2027
    Nov 20
    The government is understood to be preparing to set up the new rule, and has already distributed some funds to barge owners to subsidise the investment.

Insights & Analysis More

  1. INTERVIEW: New Dan-Bunkering US Chief Sees Oil and Gas as Key to Growth
    Nov 25
    Dan-Bunkering USA currently sells just short of 1 million mt/year of marine fuels in the Americas, and sees oil and gas as a key part of its future growth.
  2. IBIA CONVENTION 2025: Industry Sees Little Cause for IMO Optimism
    Nov 19
    The shipping and bunkering industries are engaged in soul-searching over what can be salvaged from global decarbonisation efforts after last month's decision to delay.
  3. ANALYSIS: Singapore October Bunker Sales Dropped 1.5% Year-on-Year
    Nov 14
    Despite a rise in bunker calls, Singapore bunker sales were lower on the year in October.
  4. Chimbusco Pan Nation Sees Hong Kong Biofuel Bunker Demand Potentially Doubling by 2031
    Nov 06
    The firm expects Hong Kong's demand for biofuel bunker blends to grow by 1.5-2 times over the next five years, its director tells Ship & Bunker.
  5. INTERVIEW: AuctionConnect Signs Five-Year Bunkering Deal With X-Press Feeders
    Nov 06
    New AuctionConnect CEO Kenneth Juhls discusses a deal bringing in about 300,000-500,000 mt/year of marine fuels volumes to the platform.
  6. INTERVIEW: New Quadrise CEO Seeks to Expand Emulsion Fuel Trials
    Oct 31
    Quadrise CEO Peter Borup and CTO Jason Miles discuss the prospects for emulsion fuels to take a share of marine energy demand.
  7. VPS: After the IMO Delay, Focus Should Shift to EU-ETS and FuelEU Maritime
    Oct 30
    Global fuel testing and maritime decarbonisation advisory firm VPS discusses the recent delay to the IMO's net-zero framework.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Nuclear-Powered Boxship Could Save $68 Million/Year With Zero GHG Emissions
    Nov 26
    A new report from Lloyd's Register and LucidCatalyst on behalf of Seaspan Corporation examines the benefits for a 15,000 TEU boxship of running with a nuclear reactor.
  2. Balearia Ferry to Install Onboard Methanol-Fuelled Power System
    Nov 25
    The containerised eNomad system from Methanol Reformer will be installed on the electric ferry Cap de Barbaria.
  3. INTERVIEW: New Dan-Bunkering US Chief Sees Oil and Gas as Key to Growth
    Nov 25
    Dan-Bunkering USA currently sells just short of 1 million mt/year of marine fuels in the Americas, and sees oil and gas as a key part of its future growth.
  4. Singapore to Hand Out Methanol Bunkering Licences to Three Firms
    Nov 24
    The three companies were chosen from a pool of 13 applications.
  5. IBIA CONVENTION 2025: Will There Be Enough Alternative Fuels?
    Nov 24
    With the global fleet capable of consuming 50 million mt/year of alternative fuels by 2030, questions remain over how quickly supply can be scaled.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 425.00 4.50 685.00 9.50 349.00 1.50
Global 20 Ports Average 470.50 2.50 758.50 8.50 399.00 5.00
Global Average Bunker Price 514.00 2.00 808.50 3.50 419.00 0.50
Singapore 435.50 2.00 673.50 9.00 355.00 4.00
Rotterdam 405.00 3.50 672.50 8.50 356.50 3.00
Fujairah 431.50 5.00 717.50 6.50 328.00 5.00
Houston 429.00 6.50 676.00 14.50 356.00 0.00
Busan - login to view prices or
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Durban - login to view prices or
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Gibraltar 440.50 0.00 - 394.50 3.00
Hong Kong 447.50 3.50 679.50 11.00 383.50 3.50
Istanbul 599.50 1.50 753.50 18.00 507.00 2.50
LA / LB 488.00 2.50 743.50 11.00 406.00 5.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 461.00 1.00 757.00 9.00 391.50 1.00
Cristobal, Panama - login to view prices or
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Piraeus 538.00 1.00 746.00 6.50 388.50 11.00
Santos 450.00 0.00 801.00 8.50 -
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