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IBIA CONVENTION 2025: Fewer LNG Bunker Ports Mean Buyer Has Less Leverage

IBIA CONVENTION 2025: Fewer LNG Bunker Ports Mean Buyer Has Less Leverage

Some speakers at the IBIA Annual Convention view suppliers holding the upper hand during LNG bunkering.
  1. 21Nov
    The company is looking for globally connected candidates with a positive attitude and strong commercial mindset. Read in Full
  2. 21Nov
    Mads Nordlund has joined Christiania Energy as senior technical supplier in Dubai as of this month. Read in Full
  3. 21Nov
    Global VLSFO prices have dropped to their lowest level since late October. Read in Full
  4. 21Nov
    WinGD says the delay in the adoption of the net-zero framework has prompted more shipowners to consider LNG as a fuel choice. Read in Full
  5. 21Nov
    The Portsmouth facility will let Brittany Ferries' LNG-hybrid ships plug in and charge their batteries. Read in Full
  6. 21Nov
    Rondal says the wind-propulsion system is now ready for use on yachts. Read in Full
  7. 21Nov
    443 bunker calls were recorded in October, up from 400 a year ago. Read in Full
  8. 21Nov
    Norden's CEO, Jan Rindbo, says the firm has tripled its biofuel use this year. Read in Full
  9. 21Nov
    This milestone comes more than five decades after the company delivered its first ship in 1974. Read in Full
  10. 20Nov
    Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 13 – November 19, 2025. Read in Full

IBIA Convention 2025

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. IBIA CONVENTION 2025: Hong Kong to Mandate MFMs for Methanol Bunker Deliveries
    Nov 20
    All barges engaged in methanol bunkering will be required to use mass flow meters, according to a government official.
  6. 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.
  7. IBIA CONVENTION 2025: Whatever Green Bunker Fuel the Market Needs, Hong Kong Will Offer Them
    Nov 20
    A Hong Kong government official says the city will remain open to any alternative bunker fuel the market demands as it seeks to build flexibility.
  8. IBIA CONVENTION 2025: China Unlikely to Rush Biofuel Blending Rule Changes Amid Weak Demand
    Nov 19
    China appears in no hurry to loosen marine biofuel blending rules, with demand trailing far behind conventional fuels.
  9. IBIA CONVENTION 2025: Road Sector Dominance Seen Limiting Shipping's Influence on Biofuel
    Nov 19
    DNV sees marine biofuels accounting for just 0.6% of total biofuel consumption in 2023.
  10. 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.

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 4.50 695.50 9.50 721.00 9.50
Rotterdam 284.50 1.00 585.50 2.00 607.00 2.00
Houston 314.50 3.00 647.00 6.00 670.50 6.50
Fujairah 190.00 18.00 391.00 37.00 405.00 38.50

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.

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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. 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.
  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. Bunker Industry Stakeholders Voice Strong Opposition to Adoption of IMO Net-Zero Framework
    Nov 07
    NSI recently surveyed its maritime-industry clients for their views on the IMO's proposed framework .
  4. 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.
  5. 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.

Insights & Analysis More

  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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. INSIGHT: The Cost of Caution in Two-Stroke Cylinder Lubrication
    Oct 27
    Joe Star of VPS discusses lubrication strategies for two-stroke diesel engines.

Decarbonisation and Alternative Marine Fuels & Power More

  1. LNG's Role in Decarbonisation Holds, With or Without IMO NZF: WinGD
    Nov 21
    WinGD says the delay in the adoption of the net-zero framework has prompted more shipowners to consider LNG as a fuel choice.
  2. 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.
  3. Norwegian Car Carriers Adds New LNG Dual-Fuel Ship to Fleet
    Nov 20
    Two more LNG-fuelled ships are expected to join the firm's fleet in the next two years.
  4. 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.
  5. 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.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 437.50 6.50 726.50 20.00 353.50 3.50
Global 20 Ports Average 482.00 4.50 794.50 17.00 408.50 4.50
Global Average Bunker Price 521.50 2.50 829.00 10.00 424.50 6.50
Singapore 450.00 9.50 734.50 25.50 361.50 1.00
Rotterdam 415.50 9.50 721.50 20.00 359.00 11.50
Fujairah 443.00 9.00 730.00 14.00 332.00 0.00
Houston 441.50 2.00 719.50 21.00 362.50 1.00
Busan - login to view prices or
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Durban - login to view prices or
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Gibraltar 453.00 8.00 - 402.50 18.50
Hong Kong 461.00 7.50 726.00 18.50 392.00 0.00
Istanbul 616.50 1.00 793.00 41.00 508.00 2.50
LA / LB 497.00 0.00 776.50 10.00 416.50 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 477.00 8.00 796.00 3.00 407.00 1.00
Cristobal, Panama - login to view prices or
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Piraeus 549.00 8.00 782.50 7.50 407.50 0.00
Santos 475.00 0.00 822.50 0.00 -
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