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INTERVIEW: LNG Bunker Market Reaching 'Adolescent Stage'
SEA-LNG Chairman Peter Keller sets out the organisation's view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight.
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30JanBut overall, the market remains mired in glut worries. Read in Full
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30JanThe corridor plans to support supply chains for alternative marine fuels such as LNG, bio-LNG, green ammonia and green hydrogen. Read in Full
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30JanThe ship will begin service in April, operating on the Genoa-Palermo route. Read in Full
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30JanVarsha Sudheer has joined the firm's Dubai office as a senior trader, having previously worked for Monjasa. Read in Full
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30JanNorthern Lights has awarded charters for four new CO2 carriers, supporting plans to expand transport and storage capacity to more than 5 million tonnes per year. Read in Full
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30JanThe very large ethane carriers will be capable of using ethane as marine fuel. Read in Full
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30JanThe certification will enable the firm to supply fully sustainable and traceable marine biofuel blends. Read in Full
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30JanThe company is looking for candidates with at least three years of bunker sales experience. Read in Full
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30JanYanmar is part of a consortium developing a hydrogen-compatible hybrid electric vessel combining a hydrogen engine generator with batteries. Read in Full
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30JanThe US authorisation does not extend to transactions involving entities linked to Russia, China, Iran, Cuba or North Korea, nor to any sanctioned vessels. 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.
Read The Report in Full
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.
Read Now
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.
Take Me To The CalculatorIMO 2050
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Jan 30SEA-LNG Chairman Peter Keller sets out the organisation's view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight. -
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 30SEA-LNG Chairman Peter Keller sets out the organisation's view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight.
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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 30SEA-LNG Chairman Peter Keller sets out the organisation's view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight.
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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. -
Jan 01While bunker prices are set to fall this year, higher EU-ETS costs will offset most of the benefit for European shipping.
Decarbonisation and Alternative Marine Fuels & Power More
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Jan 30The corridor plans to support supply chains for alternative marine fuels such as LNG, bio-LNG, green ammonia and green hydrogen. -
Jan 30SEA-LNG Chairman Peter Keller sets out the organisation's view on the growth of the LNG bunker market as the gas-powered fleet jumps to 10% of shipping by deadweight.
-
Jan 30The ship will begin service in April, operating on the Genoa-Palermo route. -
Jan 30The very large ethane carriers will be capable of using ethane as marine fuel. -
Jan 30Yanmar is part of a consortium developing a hydrogen-compatible hybrid electric vessel combining a hydrogen engine generator with batteries.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/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.