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Singapore Overtakes Balboa as Monjasa's Top Supply Location

Singapore Overtakes Balboa as Monjasa's Top Supply Location

The firm sold more than one million mt of marine fuels in Singapore in 2024.
  1. 11Jul
    However, long-term concerns about surplus remain intact. Read in Full
  2. 11Jul
    The commission is set to propose to the G7 group that the current $60/bl cap be replaced by a floating price. Read in Full
  3. 11Jul
    Hyundai Glovis plans to operate 32 LNG dual-fuel car carriers by 2028. Read in Full
  4. 11Jul
    A total of 274,500 mt of bonded bunker fuel was sold in the first six months of this year in the port. Read in Full
  5. 11Jul
    TFG Marine announced its entry into the US Gulf Coast physical bunker market in May. Read in Full
  6. 11Jul
    The ammonia terminal is expected to be operational in 2030. Read in Full
  7. 11Jul
    The ship was built in 2008 and came to Singapore earlier this month after previously visiting Taiwan and China. Read in Full
  8. 11Jul
    The company is looking for candidates with experience in oil, storage and biofuels as well as fluent Dutch and English. Read in Full
  9. 11Jul
    Gregory Dolan, who served at the Methanol Institute for nearly 30 years, has launched Pivot Methanol to support producers and offtakers across the global methanol supply chain. Read in Full
  10. 11Jul
    Global VLSFO prices have fluctuated this week. Read in Full
  11. 11Jul
    Shell also operates another bigger 8,000 m3 LNG bunker vessel in the region. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 356.00 7.50 732.50 10.00 759.00 10.00
Rotterdam 318.00 2.00 654.00 31.50 678.00 32.50
Houston 301.00 0.50 619.00 14.00 642.00 14.50
Fujairah 232.50 5.50 478.50 7.50 496.00 8.00

Top Stories More

  1. INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans
    Jul 01
    The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
  2. Bunker Holding Hires Head of New Global Supply Organisation
    Jun 26
    Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month.
  3. Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18
    Jun 24
    The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'.
  4. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update
    Jun 18
    If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
  5. Carbon Scores Are the New Fuel Specs in the Biofuel Market: PRIO
    Jun 17
    PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon.

Insights & Analysis More

  1. VIEWPOINT: Long Non-Compete Clauses Unfairly Victimise Older Employees
    Jul 09
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the use of non-compete clauses in the bunker trader job market.
  2. VPS: A Stack of Reasons for Continuous Emissions Monitors in Shipping
    Jul 08
    Chris Briggs of VPS Emsys discusses the growing need for continuous emissions monitoring systems in the shipping industry.
  3. INTERVIEW: Bunker Holding Makes Progress in Acquisition Plans
    Jul 01
    The firm made an offer on a rival bunker company earlier this year, has been presented with a counter-offer and is now considering it, CEO Keld Demant tells Ship & Bunker.
  4. Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18
    Jun 24
    The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'.
  5. Real Power Versus Corporate Titles: A Dichotomy?
    Jun 24
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses where power really lies in a bunker organisation.
  6. Jun 23
    Stanley George of VPS discusses how the use of biofuels can affect engine lubrication.
  7. Gibraltar Sees 7% YoY Growth in May Bunker Calls
    Jun 20
    Bunker calls at Gibraltar rose sharply in May to 573, up from 535 a year ago.
  8. ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update
    Jun 18
    If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
  9. ANALYSIS: Singapore May Bunker Sales Rose to 16-Month High
    Jun 16
    Singapore recorded its highest monthly bunker sales since January 2024 in May, with about 4.83 million mt of bunker fuels sold during the month.
  10. Most Major Hubs Saw Bunker Volumes Decline in Q1
    Jun 13
    Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.

Yemen & Red Sea Attacks

  1. Houthi Strikes Lead to Second Ship Sinking in Red Sea This Week
    Jul 10
    15 crew members are missing from the bulk carrier, with some reportedly being kidnapped by the Houthis.
  2. IMO Chief Urges Dialogue as Red Sea Attacks Reignite After Lull
    Jul 09
    Arsenio Dominguez calls for intensified diplomatic efforts after strikes on Magic Seas and Eternity C mark the first Red Sea attacks since October.
  3. Houthis Claim Attacked Bulk Carrier Has Sunk in Red Sea
    Jul 08
    Houthis say they will continue to attack ships with any links to Israel.
  4. UK Reports New Ship Attack in Red Sea
    Jul 07
    The ship came under attack 51 nautical miles west of Al Hudaydah at 4:34 PM UTC on Monday.
  5. Ship Abandoned in Red Sea After Attack Causes Fire on Board
    Jul 06
    The ship came under attack about 51 nautical miles south-west of Al Hudaydah in Yemen at about 11:25 AM UTC on Sunday.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Shell-Chartered LNG Bunker Vessel Surpasses 1,000 Ops in Rotterdam and Antwerp
    Jul 11
    Shell also operates another bigger 8,000 m3 LNG bunker vessel in the region.
  2. HyOrc Targets Bunker Demand with Green Methanol Plants in Portugal and UK
    Jul 10
    HyOrc expects green methanol bunker demand to grow from the shipping sector.
  3. DNV and Edge Navigation to Jointly Develop Hydrogen-Fuelled Ship
    Jul 10
    The planned 20,000 m3 vessel will operate on European routes.
  4. Green Marine Group and Vertoro Team Up on Lignin-Based Marine Fuel Rollout
    Jul 10
    They aim to validate the fuel performance and explore potential offtake opportunities.
  5. Everllence Secures First Dual-Fuel Methanol Engine Order for Superyacht
    Jul 09
    The firm is seeing growing interest in its dual-fuel methanol engines from segments such as yachts, ferries and tugs.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 513.50 4.00 712.00 1.00 428.00 5.00
Global 20 Ports Average 554.00 3.50 779.00 6.50 464.50 5.00
Global Average Bunker Price 590.50 4.50 820.00 4.00 480.00 4.50
Singapore 523.00 7.50 685.00 7.50 420.50 8.50
Rotterdam 518.50 2.00 728.00 5.00 442.00 6.50
Fujairah 516.50 5.50 732.50 1.50 410.00 3.50
Houston 496.50 0.50 701.50 1.50 439.50 2.50
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 542.00 2.50 - 484.00 3.50
Hong Kong 540.00 6.00 677.50 2.00 446.50 10.00
Istanbul 681.00 0.50 815.50 11.50 551.00 19.50
LA / LB 576.50 1.50 782.50 11.00 465.00 2.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 519.50 1.00 752.00 5.00 461.50 0.00
Cristobal, Panama - login to view prices or
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Piraeus 622.50 4.00 802.00 2.50 472.50 3.00
Santos 537.00 4.00 788.00 5.00 -
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