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ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025

ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025

Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December.
  1. 13Jan
    BP Singapore also replaced Minerva Bunkering in the official Top 5 Biofuel Supplies List published today by Maritime and Port Authority of Singapore. Read in Full
  2. 13Jan
    Meanwhile, Canada's oil fortunes decline as the U.S. revamps Venezuela industry. Read in Full
  3. 13Jan
    Wartsila says its engine was selected for the newbuild because of the fuel efficiency. Read in Full
  4. 13Jan
    Successful trials of the new wind-assisted propulsion system could lead to a wider installation across HMM's fleet. Read in Full
  5. 13Jan
    An MSC container ship was bunkered with about 9,000 m3 of LNG in the port. Read in Full
  6. 13Jan
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year. Read in Full
  7. 13Jan
    The Fincantieri subsidiary will design and build four multi-purpose robotic vessels for delivery in 2028 under a contract valued at more than EUR 200 million. Read in Full
  8. 13Jan
    The company will pause nighttime VLSFO deliveries at the port for two consecutive nights due to manpower adjustments. Read in Full
  9. 13Jan
    Uniper has secured a long-term green ammonia supply from AM Green Ammonia in India, with first shipments due in 2028. Read in Full
  10. 13Jan
    The partners will study thermal runaway in lithium-ion batteries using modelling and simulation to improve safety for marine and offshore energy storage systems. 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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Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 338.00 1.00 696.00 3.00 721.00 2.50
Rotterdam 285.50 2.00 587.50 3.50 609.00 3.50
Houston 301.50 5.00 620.00 10.00 642.50 10.00
Fujairah 216.00 14.50 444.00 30.00 460.00 31.00

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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IMO 2050

  1. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  2. Pacific Basin Cites IMO NZF Delay as Reason for Purchase of New Conventionally-Fuelled Ships
    Dec 24
    Pacific Basin has cited the IMO delay as a key reason for it continuing to add conventionally-fuelled tonnage to its fleet.
  3. FEATURE: 2025 Was Year of Rapidly Escalating Regulation for Shipping and Bunker Industries
    Dec 23
    In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant.
  4. FEATURE: AI Will Not Replace Bunker Traders. Will it?
    Dec 22
    This industry is about relationships. Will AI strengthen or replace them?
  5. INTERVIEW: NAPA Sees Growing Demand for GHG Management Services
    Dec 16
    Ossi Mettälä of NAPA Shipping Solutions discusses how EU and other GHG regulations are driving shipping companies to find new ways of cutting their emissions.

Top Stories More

  1. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  2. Former OW Bunker Executives to Pay $31 Million Compensation Over Firm's Collapse
    Jan 09
    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.
  3. ANALYSIS: Average VLSFO Bunker Prices at Key Ports Fall 20% in 2025
    Jan 07
    The 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.
  4. ANALYSIS: Shipping's Jump in EU-ETS Costs Will Offset Bunker-Price Decline in 2026
    Jan 01
    While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping.
  5. Pacific Basin Cites IMO NZF Delay as Reason for Purchase of New Conventionally-Fuelled Ships
    Dec 24
    Pacific Basin has cited the IMO delay as a key reason for it continuing to add conventionally-fuelled tonnage to its fleet.

Insights & Analysis More

  1. ANALYSIS: Singapore Annual Bunker Sales Reach New Record High in 2025
    Jan 13
    Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December.
  2. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  3. ANALYSIS: Average VLSFO Bunker Prices at Key Ports Fall 20% in 2025
    Jan 07
    The 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.
  4. ANALYSIS: Shipping's Jump in EU-ETS Costs Will Offset Bunker-Price Decline in 2026
    Jan 01
    While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping.
  5. Fujairah Bunker Sales Hit Five-Month Low in November
    Dec 30
    Bunker sales in Fujairah dropped for the third consecutive month in November.
  6. FEATURE: 2025 Was Year of Rapidly Escalating Regulation for Shipping and Bunker Industries
    Dec 23
    In a year of turmoil for the shipping and bunker industries, a steady increase in regulatory complexity has been the one reliable constant.
  7. MARKET SURVEY: Major Hubs Saw Average 4.3% Yearly Gain in Q3 Volumes
    Dec 19
    Global 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.
  8. INTERVIEW: NAPA Sees Growing Demand for GHG Management Services
    Dec 16
    Ossi Mettälä of NAPA Shipping Solutions discusses how EU and other GHG regulations are driving shipping companies to find new ways of cutting their emissions.
  9. ANALYSIS: Singapore November Bunker Sales Up 7.4% On the Year as Bunker Calls Rise
    Dec 15
    For the first time since May 2024, methanol bunker sales were recorded, with 3,000 mt sold in November.
  10. FEATURE: Bunkering Services Initiative Seeks to Bring New Delivery Standards to ARA
    Dec 12
    The project has launched as of the start of this month, covering 20% of ARA volumes, with the first barges already loaded and making deliveries.

Decarbonisation and Alternative Marine Fuels & Power More

  1. VIEWPOINT: Bleak Prospects for Bunker Industry at Start of 2026
    Jan 13
    Weak margins, rising GHG compliance costs, limited growth in alternative fuel markets, geopolitical risk and sanctions issues are coming together to paint a picture of a highly uncertain start to the year.
  2. ABS and Siemens Energy Team Up on Marine Battery Safety
    Jan 13
    The partners will study thermal runaway in lithium-ion batteries using modelling and simulation to improve safety for marine and offshore energy storage systems.
  3. Alternative-Fuelled Vessel Orders Dropped 47% Year on Year in 2025: DNV
    Jan 13
    Orders for LNG-fuelled vessels made up the bulk of alternative-fuelled contracting last year, accounting for 68% of the total orders.
  4. Scandlines Christens Battery-Powered Freight Ferry for Rodby-Puttgarden Route
    Jan 09
    Scandlines says the ferry is among the world's largest battery-powered ferries.
  5. Hydrogen in Shipping Faces Energy Density and Infrastructure Challenges
    Jan 08
    LR says that higher carbon pricing will improve the competitiveness of hydrogen as a marine fuel.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 434.50 8.50 649.00 10.50 353.00 7.00
Global 20 Ports Average 472.00 6.00 721.00 5.50 398.00 5.00
Global Average Bunker Price 502.50 3.50 759.00 3.00 413.50 5.50
Singapore 438.50 7.00 616.50 9.00 361.00 6.50
Rotterdam 426.00 4.50 637.50 9.50 365.50 6.50
Fujairah 434.50 5.50 725.00 6.00 340.00 3.00
Houston 438.00 16.00 617.00 17.50 346.50 13.50
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 452.00 11.00 - 393.00 9.00
Hong Kong 453.00 6.50 644.50 4.50 395.00 0.50
Istanbul 527.00 9.00 705.00 13.00 475.00 5.00
LA / LB 509.00 6.50 680.00 9.00 414.00 8.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 474.00 8.50 686.00 16.00 367.00 8.50
Cristobal, Panama - login to view prices or
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Piraeus 508.00 3.50 692.50 5.50 390.50 13.50
Santos 450.00 20.00 795.00 20.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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