Latest News Read All News
Global VLSFO Prices Forecast to Hold in Low $400s/Mt for Next Two Years
Ship & Bunker's latest global average bunker price forecast shows VLSFO averaging about $464/mt in Q1, before dropping to $441/mt in Q2 and remaining below $450/mt until at least the end of 2027.
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02FebRussian-born Vladimir Motin was found guilty by a court in London on Monday. Read in Full
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02FebRamasamy Murugappan has joined the company as bunker operation and quality control manager in Singapore as of this month. Read in Full
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02FebMaersk's dual-fuel methanol fleet has grown to about 20 ships now. Read in Full
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02FebDNV says 20 ships capable of running on alternative fuels were ordered in January, with LNG accounting for 16 of the orders. Read in Full
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02FebLloyd's Register reports an increasing interest among shipowners, shipyards, and technology developers in technologies that can produce hydrogen onboard. 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.
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.
IMO 2050
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping. -
Jan 27The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework. -
Jan 13Weak 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
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 29The firm - at present a supplier of 10 PPM road diesel, exhaust fluid and additives - plans to expand into bunkering as well as setting up an oil brokerage platform. -
Jan 27The IMO Secretary General has briefed the press on the organisation's current thinking around the prospects for its Net Zero Framework.
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Jan 26Steve Bee of VPS discusses fuel-quality issues observed over the course of 2025. -
Jan 22The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
Insights & Analysis More
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Jan 30Peter Keller sets out SE-LNG's view on the growth of LNG bunkering as the gas-powered fleet jumps to 10% of shipping.
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Jan 28Even well-intentioned professionals can fall foul of the rules if they do not fully understand them. -
Jan 22The average salary rises again, the latest bunker trader salary survey from Imperium Commodity Search and Ship & Bunker shows.
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Jan 19VLSFO sales in the Middle East port saw a decrease of 7.3%, while HSFO sales demonstrated a positive growth trend. -
Jan 15Panama saw a total of 7,466 calls for bunkers in 2025, representing an 11.5% increase from the 6,696 recorded in 2024. -
Jan 15Shipergy 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. -
Jan 13Singapore's total bunker sales rose to a record high in 2025 amid strong volumes in December. -
Jan 13Weak 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.
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Jan 07The 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.
Decarbonisation, Alternative Marine Fuels and Power More
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Feb 02Maersk's dual-fuel methanol fleet has grown to about 20 ships now. -
Feb 02DNV says 20 ships capable of running on alternative fuels were ordered in January, with LNG accounting for 16 of the orders. -
Feb 02Lloyd's Register reports an increasing interest among shipowners, shipyards, and technology developers in technologies that can produce hydrogen onboard. -
Feb 02The World Shipping Council says more than $150 billion of liner shipping investment has pushed dual-fuel vessels to dominate the orderbook. -
Feb 02The vessels will be powered by dual-fuel LNG engines from WinGD.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
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| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 467.50 | 0.50 | 705.00 | 1.00 | 399.50 | 1.00 |
| Global 20 Ports Average | 503.00 | 1.00 | 769.00 | 1.00 | 437.50 | 2.50 |
| Global Average Bunker Price | 546.50 | 4.00 | 804.50 | 3.50 | 447.50 | 3.00 |
| Singapore | 485.50 | 1.00 | 679.00 | 1.00 | 429.00 | 6.00 |
| Rotterdam | 438.00 | 0.00 | 691.50 | 2.50 | 401.50 | 1.50 |
| Fujairah | 469.50 | 1.00 | 753.00 | 5.00 | 403.00 | 1.00 |
| Houston | 476.50 | 2.50 | 696.50 | 6.50 | 364.50 | 2.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 472.50 | 3.00 | - | 424.50 | 1.00 | |
| Hong Kong | 491.00 | 1.50 | 695.50 | 4.50 | 463.00 | 2.50 |
| Istanbul | 576.00 | 0.00 | 772.50 | 9.00 | 505.50 | 18.00 |
| LA / LB | 562.00 | 1.00 | 743.00 | 7.50 | 459.00 | 0.50 |
| Las Palmas |
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| Mumbai |
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| New York | 508.00 | 16.50 | 807.50 | 0.00 | 396.00 | 4.00 |
| Cristobal, Panama |
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| Piraeus | 542.00 | 5.00 | 751.50 | 2.00 | 429.50 | 5.00 |
| Santos | 480.00 | 3.00 | 827.00 | 7.00 | - | |
| 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 | 503.00 | 1.00 | 769.00 | 1.00 |
| Global 4 Ports Average | 467.50 | 0.50 | 705.00 | 1.00 |
| Global Average Bunker Price | 546.50 | 4.00 | 804.50 | 3.50 |
| Singapore | 485.50 | 1.00 | 679.00 | 1.00 |
| Fujairah | 469.50 | 1.00 | 753.00 | 5.00 |
| Rotterdam | 438.00 | 0.00 | 691.50 | 2.50 |
| Houston | 476.50 | 2.50 | 696.50 | 6.50 |
Bunker Jobs
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Jan 30The company is looking for candidates with at least three years of bunker sales experience. -
Jan 29The company is looking for candidates, ideally with data administration and entry experience, though this is not mandatory. -
Jan 23The company is looking for candidates with three to five years of experience in procurement, transportation, the supply chain or marine operations. -
Jan 21The company is looking for candidates with a high level of attention to detail and preferably experience in physical commodities and trading platforms. -
Jan 20The company is looking for candidates with at least seven years of experience in a commercially accountable role in the bunker industry.
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.