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IMO SG to Green Fuel Producers: Don't Give Up on Us

IMO SG to Green Fuel Producers: Don't Give Up on Us

The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  1. 28Jan
    NYK Line and Stolt Ventures back the company as it explores long-term offtake arrangements for its low-carbon fuels. Read in Full
  2. 28Jan
    The vessel's engines are designed to enable future upgrades that allow them to run on alternative marine fuels. Read in Full
  3. 28Jan
    Even well-intentioned professionals can fall foul of the rules if they do not fully understand them. Read in Full
  4. 27Jan
    Wilson Nobre joins as Business Development Manager, Brazil. Read in Full
  5. 27Jan
    Meanwhile, Russian crude is piling up at sea. Read in Full
  6. 27Jan
    Vessels will supply customers from what GLBP describes as the first dedicated small-scale LNG bunkering facility on the U.S. Gulf Coast. Read in Full
  7. 27Jan
    Auramarine expects this partnership to strengthen its presence in both Greece and Cyprus. Read in Full
  8. 27Jan
    Vopak says its terminal network is enabling certified green methanol from China to reach Singapore for bunkering. Read in Full
  9. 27Jan
    The folding rotor sails can be lowered when required, allowing flexibility during port calls. Read in Full
  10. 27Jan
    Wartsila claims its ammonia engine offers at least a 90% reduction in GHG emissions over conventional diesel when utilising sustainable ammonia. 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 339.50 1.50 699.00 3.00 724.50 3.50
Rotterdam 285.00 0.50 608.00 20.50 586.50 22.50
Houston 308.50 7.00 657.50 37.50 634.00 8.50
Fujairah 217.00 1.00 446.50 2.50 462.50 2.50

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. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  2. 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.

Top Stories More

  1. IMO SG to Green Fuel Producers: Don't Give Up on Us
    Jan 27
    The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
  2. VPS 2025 Marine Fuel Review
    Jan 26
    Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025.
  3. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
  4. Riviera Marine Incorporates The Bunker Firm Group
    Jan 20
    The combined company has its headquarters in Monte Carlo as well as offices in Copenhagen, Fredericia, Athens and Dubai.
  5. Global Fuel Supply Expands Into South Africa
    Jan 19
    The firm has hired Jacqui Taylor as the first employee for its new Cape Town office.

Insights & Analysis More

  1. INSIGHT: How to Avoid Recruiting the Wrong Bunker Trader
    Jan 28
    Even well-intentioned professionals can fall foul of the rules if they do not fully understand them.
  2. Here Are the Results of the 2025 Bunker Salary Survey
    Jan 22
    The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
  3. Fujairah Bunker Sales Fell 2.8% in 2025 on Lower VLSFO Demand
    Jan 19
    VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. Fujairah Bunker Sales Hit Five-Month Low in November
    Dec 30
    Bunker sales in Fujairah dropped for the third consecutive month in November.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Maritime Firms Back XFuel in New Funding to Scale Drop-in Fuel Technology for Shipping
    Jan 28
    NYK Line and Stolt Ventures back the company as it explores long-term offtake arrangements for its low-carbon fuels.
  2. Meriaura Orders Open-Deck Carrier with Alternative-Fuel-Ready Design
    Jan 28
    The vessel's engines are designed to enable future upgrades that allow them to run on alternative marine fuels.
  3. Galveston LNG Bunker Port, TOTE Services Partner on Jones Act LNG Bunker Vessel Fleet
    Jan 27
    Vessels will supply customers from what GLBP describes as the first dedicated small-scale LNG bunkering facility on the U.S. Gulf Coast.
  4. Auramarine and Royal Blue to Support Shipowners' Transition to Alternative Fuels
    Jan 27
    Auramarine expects this partnership to strengthen its presence in both Greece and Cyprus.
  5. Vopak Links Tianjin Green Methanol Supply to Singapore Bunkering
    Jan 27
    Vopak says its terminal network is enabling certified green methanol from China to reach Singapore for bunkering.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 451.50 2.00 690.50 5.50 380.50 7.50
Global 20 Ports Average 487.00 1.00 751.50 1.50 424.50 3.00
Global Average Bunker Price 531.50 1.00 788.50 1.00 436.50 1.00
Singapore 468.00 2.50 649.00 0.50 406.00 5.00
Rotterdam 432.00 12.00 675.50 9.00 384.50 8.00
Fujairah 455.00 1.00 736.00 0.50 385.50 8.50
Houston 451.00 2.00 702.00 30.50 347.00 6.50
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 457.50 0.50 - 409.50 9.00
Hong Kong 473.00 0.50 665.00 3.00 435.00 9.50
Istanbul 560.50 3.00 753.50 1.50 496.00 4.00
LA / LB 535.00 3.50 726.00 7.50 450.00 4.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 478.50 3.00 791.50 31.50 382.50 10.00
Cristobal, Panama - login to view prices or
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Piraeus 527.50 1.00 730.50 1.00 407.00 5.00
Santos 458.00 0.00 821.00 13.00 -
Shanghai - login to view prices or
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St Petersburg - login to view prices or
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