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Hearing What Matters: The Case for a 10 Bunker Trader Limit

Hearing What Matters: The Case for a 10 Bunker Trader Limit

At Suzun Marine Fuels, we have chosen a path that may seem unusual for a supplier. We have limited the number of bunker traders we work with to a maximum of ten.
  1. 17Mar
    IEA Executive Director Fatih Birol says even with a Hormuz shipping restart, global energy trade will take time to recover. Read in Full
  2. 17Mar
    Clarksons Research says around 1,100 ships, including 250 oil tankers, are currently stuck in the Gulf. Read in Full
  3. 17Mar
    A kite-based wind propulsion system deploys a large parafoil kite from the bow of the vessel. Read in Full
  4. 17Mar
    The vessel has reported minor damage following an attack last night. Read in Full
  5. 16Mar
    Some analysts confidently predict an end to spiked oil prices. Read in Full
  6. 16Mar
    The move is part of IMO's wider efforts to support new technologies in shipping. Read in Full
  7. 16Mar
    The acquisition will expand the Malaysian firm's bunker fleet from three to four vessels. Read in Full
  8. 16Mar
    Stolt-Nielsen took full control of Avenir LNG last year after acquiring all shares previously held by Golar LNG and Aequitas. Read in Full
  9. 16Mar
    No casualties were reported after the latest attack on Monday morning, following another incident on Saturday. Read in Full
  10. 16Mar
    Sulnox says testing indicates a significant reduction in steel corrosion in untreated B100 marine biofuel. Read in Full
  11. 16Mar
    February's total conventional and biofuel blend sales were still the lowest since June 2025. Read in Full
  12. 16Mar
    David Ortiz has joined as a trading manager at Sonan Energy Panama. Read in Full
  13. 16Mar
    The containerised e-fuels production unit can be deployed quickly in diverse locations. Read in Full
  14. 16Mar
    The bill requires the Minister of Oceans and Fisheries to develop a five-year master plan for green shipping corridors. Read in Full
  15. 16Mar
    Rotterdam sees the project supporting its position as a key hub for methanol bunkering. Read in Full
  16. 14Mar
    Bunker operations have continued throughout the day Saturday, but new operations overnight are unlikely, a local source tells Ship & Bunker. Read in Full
  17. 13Mar
    Meanwhile, a top analyst says the Iran war proves that the oil glut was "a myth." Read in Full
  18. 13Mar
    SEA-LNG responds to research from UCL Energy Institute casting doubt on LNG and methanol's potential as decarbonisation pathways. Read in Full

Middle East Conflict

  1. IEA Executive Director Says More Oil Releases Possible If Disruptions Continue
    Mar 17
    IEA Executive Director Fatih Birol says even with a Hormuz shipping restart, global energy trade will take time to recover.
  2. Hormuz Transits Down 95% as Middle East Conflict Disrupts Shipping
    Mar 17
    Clarksons Research says around 1,100 ships, including 250 oil tankers, are currently stuck in the Gulf.
  3. UKMTO Reports Overnight Tanker Attack Off Fujairah
    Mar 17
    The vessel has reported minor damage following an attack last night.
  4. Oil Loading Suspended at Fujairah After New Drone Attack
    Mar 16
    No casualties were reported after the latest attack on Monday morning, following another incident on Saturday.
  5. Bunkering Continues at Fujairah Despite Fire After New Attack
    Mar 14
    Bunker operations have continued throughout the day Saturday, but new operations overnight are unlikely, a local source tells Ship & Bunker.
  6. IMO to Discuss Middle East Shipping Impact at Extraordinary Meeting Next Week
    Mar 13
    The extraordinary session of the council will take place on March 18-19 in London.
  7. New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
    Mar 12
    With the EIA now forecasting Brent to average $90.56/bl in Q2, global VLSFO prices are likely to hold over $700/mt in April-June.
  8. VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
    Mar 12
    Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.
  9. Salalah Bunkering Suspended After Drone Attack
    Mar 12
    Drones hit fuel storage tanks at the Port of Salalah on Wednesday afternoon.
  10. Maersk Implements Emergency Bunker Surcharge Amid Middle East Crisis
    Mar 12
    Maersk says the emergency bunker surcharge will be applicable from March 25.

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.

Bunker Price Forecast - Q1 2026

Quarterly and full year bunker price forcast for 2026 and 2027. Includes forecasts for global average prices, and at the key ports of Singapore, Rotterdam, Fujairah and Houston.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 466.00 99.00 958.50 203.00 993.50 210.50
Rotterdam 303.50 13.00 624.50 27.00 647.50 28.00
Houston 372.50 10.50 766.50 22.00 794.50 23.00
Fujairah 290.50 32.00 597.50 66.00 619.50 68.50

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.

Top Stories More

  1. Oil Loading Suspended at Fujairah After New Drone Attack
    Mar 16
    No casualties were reported after the latest attack on Monday morning, following another incident on Saturday.
  2. Bunkering Continues at Fujairah Despite Fire After New Attack
    Mar 14
    Bunker operations have continued throughout the day Saturday, but new operations overnight are unlikely, a local source tells Ship & Bunker.
  3. Half of the World's Bunker Fuel Still Sold by Just 10 Companies
    Mar 13
    The top ten global bunkering firms handled about half of global bunker demand in 2025.
  4. New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
    Mar 12
    With the EIA now forecasting Brent to average $90.56/bl in Q2, global VLSFO prices are likely to hold over $700/mt in April-June.
  5. VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
    Mar 12
    Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.

Insights & Analysis More

  1. ANALYSIS: Singapore February Bunker Sales Up 12% Year-on-Year
    Mar 16
    February's total conventional and biofuel blend sales were still the lowest since June 2025.
  2. Half of the World's Bunker Fuel Still Sold by Just 10 Companies
    Mar 13
    The top ten global bunkering firms handled about half of global bunker demand in 2025.
  3. New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
    Mar 12
    With the EIA now forecasting Brent to average $90.56/bl in Q2, global VLSFO prices are likely to hold over $700/mt in April-June.
  4. VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
    Mar 12
    Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.
  5. Port of Rotterdam Sees Collaboration as Key to Higher Standards as MFM Mandate Launches
    Mar 11
    The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker.
  6. INTERVIEW: WinGD Sees Ethanol as Low-Cost Energy Transition "Game-Changer" for Shipping
    Mar 11
    Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026.
  7. We See No Evidence of Alt Fuel Engine Orders Switching to Conventional Bunkers: WinGD
    Mar 09
    It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
  8. Singapore Bunker Market Increasingly Under Stress as Middle East Fallout Spreads
    Mar 06
    Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
  9. S&B Poll Result: High Competition in Key Ports Seen as Biggest Threat to Bunker Margins
    Mar 06
    Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year.
  10. EUA Price Drop Offsets Surging Bunker Prices for Intra-EU Shipping
    Mar 05
    While bunker prices have jumped by almost 50% since the start of the year, the combined cost of bunkers and EU-ETS compliance has gained less than 20%.

Decarbonisation, Alternative Marine Fuels and Power More

  1. IMO Begins Work on Safety Guidelines for Onboard Battery Energy Storage
    Mar 16
    The move is part of IMO's wider efforts to support new technologies in shipping.
  2. Ineratec Unveils Containerised E-Fuels Production Unit
    Mar 16
    The containerised e-fuels production unit can be deployed quickly in diverse locations.
  3. South Korea Passes Bill to Accelerate Green Shipping Corridors
    Mar 16
    The bill requires the Minister of Oceans and Fisheries to develop a five-year master plan for green shipping corridors.
  4. Yang Ming to Order Six LNG Dual-Fuel Boxships to Support Fleet Renewal
    Mar 13
    Yang Ming targets a 3-3.5% share of the global container market by 2032.
  5. Demand Uncertainty Holding Back Hydrogen Terminal Investments: Port of Rotterdam
    Mar 13
    Port of Rotterdam market consultation finds that high costs and uncertain demand are delaying investment in hydrogen import terminals.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 941.50 16.00 1473.50 18.50 775.00 11.50
Global 20 Ports Average 1036.50 14.00 1521.00 43.50 871.50 0.50
Global Average Bunker Price 1018.50 6.50 1471.50 21.50 789.00 4.50
Singapore 1119.50 1.00 1865.50 54.50 851.00 31.00
Rotterdam 772.50 21.50 1174.50 34.00 725.00 6.50
Fujairah 1085.00 3.50 1653.50 23.50 868.00 19.50
Houston 788.50 45.50 1201.00 72.50 655.50 102.50
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 874.00 52.00 - 785.50 10.00
Hong Kong 1134.00 15.00 1609.00 78.00 969.50 20.50
Istanbul 920.00 0.50 1297.00 47.50 792.50 15.00
LA / LB 1111.50 39.00 1269.50 83.00 911.00 38.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 771.00 22.00 1297.00 69.50 670.00 17.00
Cristobal, Panama - login to view prices or
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Piraeus 860.50 38.50 1284.00 97.50 759.50 1.50
Santos 1182.00 89.00 1715.00 54.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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Tokyo - login to view prices or
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