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Baseblue Integration Into KPI OceanConnect Completed

Baseblue Integration Into KPI OceanConnect Completed

CEO Dorthe Bendtsen will continue to lead KPI OceanConnect following the full integration of Baseblue.
  1. 16Jan
    But Bloomberg warns that oil could hit $90 if hostilities lead to combat. Read in Full
  2. 16Jan
    The company is looking for candidates with two to five years of experience in bunker trading or a comparable commercial role in shipping or oil. Read in Full
  3. 16Jan
    The new hire was previously manager of Aurora Marine Fuels's Greece office. Read in Full
  4. 16Jan
    The company is looking for candidates with at least two years of experience in bunker operations and marine fuel trading. Read in Full
  5. 16Jan
    Gulf Marine says the vessel is now operating in parallel with six chartered lubricant supply barges in Singapore. Read in Full
  6. 16Jan
    The dual-fuel bulk carrier was delivered in the Philippines and has now set sail for Singapore, where it is due to take on green methanol as part of its voyage. Read in Full
  7. 16Jan
    The battery-powered ferry has been built for South American ferry operator Buquebus with delivery scheduled for later this year. Read in Full
  8. 16Jan
    The 18,900 m3 LNG bunker vessel will operate mainly in the Iberian Peninsula, along with areas in the Gibraltar Strait and the Canary Islands. Read in Full
  9. 16Jan
    The South Korean shipbuilder says the contract is valued at KRW 175.8 billion ($121.4 million), with delivery planned for the first half of 2028. Read in Full
  10. 16Jan
    This marks the sixth vessel targeted by the US since mid-December for its alleged links to Venezuelan oil shipments. 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.

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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. Maersk Announces Return to Red Sea
    Jan 15
    The decision follows the successful Suez transits of the Maersk Sebarok and Maersk Denver.
  2. INTERVIEW: Shipergy Uses AI to Reshape Trading Model Amid Market Downturn
    Jan 15
    Shipergy CEO Daniel Rose is refocusing the firm's commercial efforts on three hubs and deploying AI tools to reduce workload in response to weak market conditions, he tells Ship & Bunker.
  3. 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.
  4. 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.
  5. 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.

Insights & Analysis More

  1. Panama Bunker Sales Rose 4.1% Year on Year in 2025 on Higher VLSFO Sales
    Jan 15
    Panama saw a total of 7,466 calls for bunkers in 2025, representing an 11.5% increase from the 6,696 recorded in 2024.
  2. INTERVIEW: Shipergy Uses AI to Reshape Trading Model Amid Market Downturn
    Jan 15
    Shipergy CEO Daniel Rose is refocusing the firm's commercial efforts on three hubs and deploying AI tools to reduce workload in response to weak market conditions, he tells Ship & Bunker.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. Fujairah Bunker Sales Hit Five-Month Low in November
    Dec 30
    Bunker sales in Fujairah dropped for the third consecutive month in November.
  8. 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.
  9. 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.
  10. 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.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Incat Commences Harbour Trials of World's Largest Battery-Electric Vessel
    Jan 16
    The battery-powered ferry has been built for South American ferry operator Buquebus with delivery scheduled for later this year.
  2. Naturgy and Enagás Partner on New LNG Bunker Vessel for Iberian Peninsula
    Jan 16
    The 18,900 m3 LNG bunker vessel will operate mainly in the Iberian Peninsula, along with areas in the Gibraltar Strait and the Canary Islands.
  3. Motive Energy to Power Curtin Maritime's Electric Tugboats at Los Angeles
    Jan 15
    The project will be one of the first large-scale marine charging systems built for commercial operations in the US.
  4. Class Societies Group Approves Safety Framework for Ammonia-Fuelled Engines
    Jan 15
    The class society association says the safety requirements address risks linked to ammonia's toxicity that are not fully covered by existing IMO rules.
  5. Toyota Europe Reduced Scope 3 Emissions Using UECC Low-Carbon Shipping
    Jan 14
    The automaker was able to cut its scope 3 emissions by more than 22,000 tonnes of CO2e in 2024 and expects this figure to double in 2025.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 437.50 3.00 652.00 3.50 361.50 1.00
Global 20 Ports Average 476.00 1.00 725.00 0.00 406.50 3.50
Global Average Bunker Price 520.00 1.50 768.00 0.50 418.00 1.00
Singapore 448.50 1.00 620.00 9.00 377.00 0.50
Rotterdam 432.00 0.50 648.50 1.50 370.00 2.50
Fujairah 440.00 2.00 721.50 6.50 348.50 3.50
Houston 431.00 7.00 617.50 0.00 351.00 4.00
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 451.00 2.00 - 401.00 7.50
Hong Kong 457.50 1.00 649.00 1.50 404.00 5.00
Istanbul 535.50 0.50 714.50 7.50 497.50 9.00
LA / LB 517.50 10.00 682.00 10.00 437.00 0.00
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 470.00 3.50 691.00 2.00 360.00 1.50
Cristobal, Panama - login to view prices or
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Piraeus 526.00 9.00 699.00 2.50 402.50 7.00
Santos 456.00 6.00 817.00 22.00 -
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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