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Half of the World's Bunker Fuel Still Sold by Just 10 Companies
The top ten global bunkering firms handled about half of global bunker demand in 2025.
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13MarOceanScore announced earlier this year that it has reached $5 million in annual recurring revenue. Read in Full
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13MarThe extraordinary session of the council will take place on March 18-19 in London. Read in Full
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13MarThe US has issued a 30-day license allowing the sale and delivery of sanctioned Russian oil and petroleum products already loaded on vessels. Read in Full
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13MarThe 12,500 m3 Alisios LNG will supply LNG and bio-LNG to ships along the southern coast of the Iberian Peninsula. Read in Full
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13MarThe class society confirmed the calculation method used to assess the wind-assisted power from WindWings installed on LR2 tankers. Read in Full
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12MarHowever, Iranian vessels are said to be using Hormuz to ship oil to China. Read in Full
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12MarWith 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. Read in Full
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12MarThe company, originally known as BunkerEx, has been relaunched with Kenneth Juhls serving as CEO as well as leading procurement platform AuctionConnect. Read in Full
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12MarThe IEA says the emergency oil release provides a temporary buffer, with the broader market impact depending on how long Hormuz shipping disruptions last. Read in Full
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12MarRegulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers. Read in Full
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12MarIdemitsu Kosan and Consort Bunkers are seeking to develop a methanol bunker supply chain targeting Singapore and key ports across East Asia. Read in Full
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12MarThe new hire was previously head of operations and shipping for Axiom Global Oil & Gas Trading in Dubai. Read in Full
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12MarThe US currently holds around 415.4 million bbls of crude oil in strategic petroleum reserves. Read in Full
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12MarDan-Bunkering (America) Inc had faced a range of charges including wrongful termination, breach of employment agreement and fraudulent inducement. Read in Full
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12MarIt is designed to support offshore wind operations and maintenance as well as construction work. Read in Full
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12MarDrones hit fuel storage tanks at the Port of Salalah on Wednesday afternoon. Read in Full
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12MarMaersk says the emergency bunker surcharge will be applicable from March 25. Read in Full
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12MarThe vessel bunkered B24-VLSFO at Zhoushan and used it for a voyage from Australia to Japan. Read in Full
Middle East Conflict
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Mar 13The extraordinary session of the council will take place on March 18-19 in London. -
Mar 12With 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. -
Mar 12Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers. -
Mar 12Drones hit fuel storage tanks at the Port of Salalah on Wednesday afternoon. -
Mar 12Maersk says the emergency bunker surcharge will be applicable from March 25. -
Mar 12This is the third container ship that has come under attack in the Strait of Hormuz since the Middle Crisis began. -
Mar 11No casualties were reported from the attack. -
Mar 11The Thailand-flagged vessel, Mayuree Naree, was en route to Kandla port in India. -
Mar 11The vessel was struck about 11 nautical miles north of Oman in the Strait of Hormuz today. -
Mar 11This is the second vessel hit by an unknown projectile today.
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.
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
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Mar 13The top ten global bunkering firms handled about half of global bunker demand in 2025. -
Mar 12With 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.
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Mar 12Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.
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Mar 12Dan-Bunkering (America) Inc had faced a range of charges including wrongful termination, breach of employment agreement and fraudulent inducement. -
Mar 11The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker.
Insights & Analysis More
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Mar 13The top ten global bunkering firms handled about half of global bunker demand in 2025.
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Mar 12With 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.
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Mar 12Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.
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Mar 11The port authority welcomes the standards set by the recently-launched Bunkering Services Initiative, a spokesperson tells Ship & Bunker.
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Mar 11Ship & Bunker talks to WinGD's Andrea Lazzaro for an engine manufacturer's perspective on the alternative fuels landscape in 2026. -
Mar 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers.
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Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market. -
Mar 06Ship & Bunker readers say intense competition in major bunkering hubs is the main factor expected to pressure margins this year. -
Mar 05While 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%. -
Mar 03Shipowners would be looking for an LNG premium of 15-20% to MGO before switching back to oil, a market source tells Ship & Bunker.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 12UCL research finds investments in the fuels may offer limited support for a future transition to zero-emission ammonia in shipping. -
Mar 12Equinor will begin deliveries of mass-balanced bio-methanol starting late this year. -
Mar 11The test confirms the system's readiness for integration with ammonia-fuelled two-stroke engines. -
Mar 11The consultancy will advise India's DG Shipping on developing onshore power supply frameworks. -
Mar 11Iverson eFuels has cancelled the project due to uncertainty over the grid power supply for the project.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 907.50 | 32.50 | 1389.50 | 60.00 | 770.00 | 41.50 |
| Global 20 Ports Average | 1005.00 | 45.00 | 1440.00 | 61.00 | 862.00 | 68.00 |
| Global Average Bunker Price | 979.00 | 58.50 | 1406.00 | 91.00 | 768.00 | 52.50 |
| Singapore | 1085.50 | 36.50 | 1779.50 | 100.00 | 896.00 | 26.00 |
| Rotterdam | 775.50 | 27.50 | 1133.00 | 5.50 | 733.50 | 36.50 |
| Fujairah | 1052.50 | 34.50 | 1513.50 | 80.00 | 878.00 | 77.50 |
| Houston | 716.50 | 31.50 | 1132.00 | 55.00 | 572.50 | 26.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 828.50 | 27.50 | - | 777.00 | 74.50 | |
| Hong Kong | 1077.50 | 45.50 | 1444.00 | 111.00 | 977.00 | 89.50 |
| Istanbul | 924.50 | 42.50 | 1284.00 | 102.50 | 796.00 | 80.00 |
| LA / LB | 1060.50 | 23.50 | 1081.50 | 0.00 | 853.00 | 30.00 |
| Las Palmas |
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| Mumbai |
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| New York | 731.50 | 13.50 | 1222.50 | 20.00 | 634.00 | 1.50 |
| Cristobal, Panama |
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| Piraeus | 862.50 | 34.50 | 1237.00 | 16.00 | 740.50 | 30.00 |
| Santos | 1110.00 | 55.00 | 1910.00 | 1.00 | - | |
| Shanghai |
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| St Petersburg |
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| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 1005.00 | 45.00 | 1440.00 | 61.00 |
| Global 4 Ports Average | 907.50 | 32.50 | 1389.50 | 60.00 |
| Global Average Bunker Price | 979.00 | 58.50 | 1406.00 | 91.00 |
| Singapore | 1085.50 | 36.50 | 1779.50 | 100.00 |
| Fujairah | 1052.50 | 34.50 | 1513.50 | 80.00 |
| Rotterdam | 775.50 | 27.50 | 1133.00 | 5.50 |
| Houston | 716.50 | 31.50 | 1132.00 | 55.00 |
Bunker Jobs
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Mar 06The company is looking for candidates with experience in the bunker industry and good command of English. -
Mar 06The company is seeking to hire bunker traders in Singapore and Seoul, and a senior bunker trader in Dubai. -
Feb 27The company is looking for candidates with a minimum of three years of experience in bunker trading and sales. -
Feb 27The company is looking for candidates with at least five years of experience in marine fuel procurement.
Popular Now More
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Sep 24Oilmar's management is now in the process of taking over ownership of the company, CEO Yusif Mammadov said in a note to clients seen by Ship & Bunker. -
Sep 23Peder Møller will take over as CEO of the world's largest marine fuels firm on October 6, succeeding Keld R. Demant. -
Sep 22The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China. -
Sep 23The new hire was previously a marine fuels trader for Oilmar in Houston from November 2023 to this month. -
Sep 23In July, Sri Lanka's Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster. -
Sep 24The facility is set to open in 2028 as the first dedicated LNG bunker terminal on the US Gulf Coast. -
Sep 23The company aims to offer retrofit solutions that would let existing ships run on ethanol.