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FEATURE: Asian Bunker Suppliers Urge Early Booking as Middle East Conflict Disrupts Flows
Sources tell Ship & Bunker that they are urging customers to float their bunker enquiries as soon as possible.
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10MarShubh Jaiswal has joined the company as a bunker trader in Dubai as of this month Read in Full
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10MarThe two cable repair vessels are being built at Colombo, with delivery expected in 2028 and 2029. Read in Full
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10MarThe project will assess the feasibility of nuclear-powered electric propulsion for a 16,000 TEU container vessel. Read in Full
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10MarThe US says the $20 billion war-risk reinsurance scheme aims to restore confidence in trade through the Strait of Hormuz during tensions with Iran. Read in Full
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10MarThe technology aims to reduce harmful emissions from ammonia-powered marine engines. Read in Full
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09MarBut prices set to dip to normal on signs of quick resolution to the U.S./Iran war. Read in Full
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09MarTrials on two Baltic Sea ferries found no negative effect on engines while using bio-LNG as a substitute for fossil LNG. Read in Full
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09MarJ-ENG is also developing hydrogen and methanol-fuelled marine engines. Read in Full
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09MarBunker prices have climbed to multi-year highs amid middle East conflict. Read in Full
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09MarThe vessel was bunkered with 3,600 mt of bio-methanol in a ship-to-ship operation. Read in Full
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09MarThe Singapore market is indicating prices at the highest level since 2022. Read in Full
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09MarSources tell Ship & Bunker that barge loadings have been suspended following the Sunday incident. Read in Full
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09MarThe new vessel will support Osaka Gas's LNG bunkering operations alongside its existing truck-to-ship supply. Read in Full
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09MarIt has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers. Read in Full
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09MarG7 finance ministers will reportedly hold an emergency meeting on Monday to discuss a possible joint release of petroleum reserves. Read in Full
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09MarA Ro-Ro vessel was bunkered with 500 mt of green methanol on Thursday. Read in Full
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09MarBrent crude jumped 25.8% on Monday morning, pushing prices above $100/bl for the first time since 2022 amid escalating tensions involving Iran. Read in Full
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09MarAuthorities and industry partners tested response procedures before the maiden sailing of the cruise industry's first methanol-fuelled vessel from Singapore. Read in Full
Middle East Conflict
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Mar 10The US says the $20 billion war-risk reinsurance scheme aims to restore confidence in trade through the Strait of Hormuz during tensions with Iran. -
Mar 10Sources tell Ship & Bunker that they are urging customers to float their bunker enquiries as soon as possible. -
Mar 09Bunker prices have climbed to multi-year highs amid middle East conflict. -
Mar 09The Singapore market is indicating prices at the highest level since 2022. -
Mar 09Sources tell Ship & Bunker that barge loadings have been suspended following the Sunday incident. -
Mar 09G7 finance ministers will reportedly hold an emergency meeting on Monday to discuss a possible joint release of petroleum reserves. -
Mar 06The incident occurred about six nautical miles north of Oman in the Strait of Hormuz at 12:57 UTC on Friday. -
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 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 05Maersk has joined other container lines by cancelling cargo bookings to and from several Middle East ports.
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 09It has previously been suggested the IMO NZF delay had ship owners shifting back to oil bunkers. -
Mar 06Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market.
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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%.
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Mar 04The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday. -
Mar 04The 550,000 b/d refinery came under a suspected drone attack on Wednesday morning.
Insights & Analysis More
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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.
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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%.
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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. -
Mar 03A total of 15 bunker operations were observed on Monday, and a further four on Tuesday morning, Spotbarge's Sebastiaan Kosman tells Ship & Bunker. -
Mar 03After three days of the conflict in the Middle East following strikes on Iran, uncertainty is increasing on what comes next. -
Mar 03Sanctions compliance is a growing problem for the bunker industry where digital services can help, SanctionCheck CEO James Casey tells Ship & Bunker. -
Mar 02Fujairah's market - reliant on ships crossing the Strait of Hormuz for its demand - is largely on hold until clarity emerges, local sources tell Ship & Bunker. -
Feb 24Trading firm Oilmar is marking its growth and development over the past decade with a series of charity partnerships.
Decarbonisation, Alternative Marine Fuels and Power More
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Mar 10The two cable repair vessels are being built at Colombo, with delivery expected in 2028 and 2029. -
Mar 10The project will assess the feasibility of nuclear-powered electric propulsion for a 16,000 TEU container vessel. -
Mar 10The technology aims to reduce harmful emissions from ammonia-powered marine engines. -
Mar 09Trials on two Baltic Sea ferries found no negative effect on engines while using bio-LNG as a substitute for fossil LNG. -
Mar 09J-ENG is also developing hydrogen and methanol-fuelled marine engines.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 910.00 | 194.00 | 1391.00 | 196.50 | 858.00 | 216.00 |
| Global 20 Ports Average | 929.00 | 194.00 | 1330.00 | 176.50 | 886.00 | 237.00 |
| Global Average Bunker Price | 841.50 | 101.50 | 1249.00 | 114.50 | 752.50 | 125.50 |
| Singapore | 1116.00 | 293.50 | 1768.00 | 385.00 | 1073.00 | 351.00 |
| Rotterdam | 772.50 | 141.00 | 1162.50 | 109.00 | 767.50 | 160.50 |
| Fujairah | 975.50 | 233.00 | 1411.00 | 209.00 | 924.00 | 249.00 |
| Houston | 775.50 | 107.50 | 1222.50 | 84.00 | 668.50 | 104.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 861.50 | 181.00 | - | 816.50 | 182.50 | |
| Hong Kong | 1083.50 | 284.00 | 1421.00 | 173.00 | 1027.50 | 320.50 |
| Istanbul | 929.00 | 161.00 | 1362.50 | 225.00 | 817.00 | 140.00 |
| LA / LB | 992.00 | 265.50 | 1231.50 | 226.50 | 859.00 | 227.00 |
| Las Palmas |
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| Mumbai |
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| New York | 747.50 | 83.50 | 1252.50 | 81.00 | 639.00 | 52.00 |
| Cristobal, Panama |
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| Piraeus | 835.50 | 111.00 | 1250.50 | 161.50 | 815.50 | 166.00 |
| Santos | 872.00 | 206.00 | 1046.00 | 242.00 | - | |
| 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 | 929.00 | 194.00 | 1330.00 | 176.50 |
| Global 4 Ports Average | 910.00 | 194.00 | 1391.00 | 196.50 |
| Global Average Bunker Price | 841.50 | 101.50 | 1249.00 | 114.50 |
| Singapore | 1116.00 | 293.50 | 1768.00 | 385.00 |
| Fujairah | 975.50 | 233.00 | 1411.00 | 209.00 |
| Rotterdam | 772.50 | 141.00 | 1162.50 | 109.00 |
| Houston | 775.50 | 107.50 | 1222.50 | 84.00 |
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. -
Feb 19The company is looking for candidates with a minimum of two years of hands-on experience in bunker operations.
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.