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UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz

UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz

The UN Security Council is set to vote on a Bahrain-backed plan that would allow defensive measures to secure safe passage through Hormuz.
  1. 03Apr
    The attack caused fire at several operational units at the refinery. Read in Full
  2. 03Apr
    Valerie Ahrens has joined the company as global head of methanol as of this month. Read in Full
  3. 03Apr
    The vessels will be delivered between 2028 and 2029. Read in Full
  4. 03Apr
    Secretary-General Arsenio Dominguez says 21 attacks on ships have been reported since February 28. Read in Full
  5. 03Apr
    The approval supports the use of autonomous navigation in shipping. Read in Full
  6. 03Apr
    The company is looking for candidates with experience or exposure to bunker trading or procurement. Read in Full
  7. 03Apr
    The demonstration showed the port's preparedness to supply methanol as marine fuel. Read in Full
  8. 03Apr
    The vessel will operate on the route between Asia and the East Coast of South America. Read in Full
  9. 03Apr
    Countries plan diplomatic pressure, possible sanctions and efforts to free stranded ships. Read in Full
  10. 03Apr
    The impact on bunker prices of the first month of the Middle East conflict has varied widely in different regions. Read in Full
  11. 02Apr
    Meanwhile, OPEC may release more oil to compensate for Hormuz closure. Read in Full
  12. 02Apr
    The company has already started using the fuel to power its LNG dual-fuel car carriers. Read in Full
  13. 02Apr
    The partnership targets charging and battery-swapping infrastructure to support inland vessel electrification. Read in Full
  14. 02Apr
    The firms delivered a methanol stem in South Florida. Read in Full
  15. 02Apr
    The firm confirmed its chartered tanker, Aqua 1, was hit by an Iranian attack yesterday. Read in Full
  16. 02Apr
    EU Energy Commissioner Dan Jorgensen says the bloc's oil import bill has risen by €14 billion since the start of the conflict. Read in Full
  17. 02Apr
    The vessel was officially handed over at its Fukuyama yard this week. Read in Full
  18. 02Apr
    President Trump signalled that US military actions against Iran may continue for the next 2-3 weeks. Read in Full

Middle East Conflict

  1. Kuwait's Mina Al-Ahmadi Refinery Hit by Drones
    Apr 03
    The attack caused fire at several operational units at the refinery.
  2. IMO Secretary-General: Fragmented Responses 'No Longer Sufficient' in Hormuz Crisis
    Apr 03
    Secretary-General Arsenio Dominguez says 21 attacks on ships have been reported since February 28.
  3. UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz
    Apr 03
    The UN Security Council is set to vote on a Bahrain-backed plan that would allow defensive measures to secure safe passage through Hormuz.
  4. Over 40 Nations Join UK Talks Urging Strait of Hormuz Reopening
    Apr 03
    Countries plan diplomatic pressure, possible sanctions and efforts to free stranded ships.
  5. ANALYSIS: Bunker Price Impact of First Month of Middle East Conflict
    Apr 03
    The impact on bunker prices of the first month of the Middle East conflict has varied widely in different regions.
  6. QatarEnergy Confirms Its Vessel Was Attacked Off Qatar
    Apr 02
    The firm confirmed its chartered tanker, Aqua 1, was hit by an Iranian attack yesterday.
  7. EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived
    Apr 02
    EU Energy Commissioner Dan Jorgensen says the bloc's oil import bill has risen by €14 billion since the start of the conflict.
  8. Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead
    Apr 02
    President Trump signalled that US military actions against Iran may continue for the next 2-3 weeks.
  9. IBIA Warns of Risk of Overstating Middle East Supply Problems
    Apr 01
    IBIA may intervene to warn against panic buying if concerns over supply disruption become too overblown, its outgoing and incoming chairmen tell Ship & Bunker.
  10. Tanker Attacked by Two Projectiles Off Qatar
    Apr 01
    One of the projectiles caused a fire that has since been extinguished, while the second failed to detonate.

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.

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 598.50 53.00 1231.50 109.00 1276.50 113.00
Rotterdam 295.00 3.00 607.00 6.50 629.00 6.50
Houston 413.00 15.50 849.50 31.50 880.50 32.50
Fujairah 373.00 34.00 767.50 70.50 795.50 73.00

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

  1. ANALYSIS: Bunker Price Impact of First Month of Middle East Conflict
    Apr 03
    The impact on bunker prices of the first month of the Middle East conflict has varied widely in different regions.
  2. IBIA Warns of Risk of Overstating Middle East Supply Problems
    Apr 01
    IBIA may intervene to warn against panic buying if concerns over supply disruption become too overblown, its outgoing and incoming chairmen tell Ship & Bunker.
  3. INTERVIEW: Adrian Tolson Takes Over as IBIA Chairman from Constantinos Capetanakis
    Apr 01
    The outgoing and incoming chairs discuss IBIA's recent evolution and plans for the future, including its new Bunker Buyers' Working Group
  4. INTERVIEW: Tideform Relaunches AI-Backed Platform With 30 Million Mt/Year of Bunker Data
    Mar 24
    CEO Kenneth Juhls discusses plans for the relaunched Tideform platform in an interview with Ship & Bunker.
  5. Hubs Away From Middle East See Significant Rise in Bunker Operations: Spotbarge
    Mar 19
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict.

Insights & Analysis More

  1. ANALYSIS: Bunker Price Impact of First Month of Middle East Conflict
    Apr 03
    The impact on bunker prices of the first month of the Middle East conflict has varied widely in different regions.
  2. INTERVIEW: Adrian Tolson Takes Over as IBIA Chairman from Constantinos Capetanakis
    Apr 01
    The outgoing and incoming chairs discuss IBIA's recent evolution and plans for the future, including its new Bunker Buyers' Working Group
  3. INTERVIEW: Tideform Relaunches AI-Backed Platform With 30 Million Mt/Year of Bunker Data
    Mar 24
    CEO Kenneth Juhls discusses plans for the relaunched Tideform platform in an interview with Ship & Bunker.
  4. Hubs Away From Middle East See Significant Rise in Bunker Operations: Spotbarge
    Mar 19
    Analysis from Spotbarge and local market sources reveal significant gains in bunker demand in the wake of the worsening Middle East conflict.
  5. FEATURED VIDEO: Moeve & NYK Trading Discuss their Joint Journey with Second-Generation Biofuels
    Mar 18
    Moeve's Samir Fernández talks to Shinji Umehara, President of NYK Trading.
  6. Viewpoint: The Hidden Cost of Buying Bunkers by the Ton
    Mar 18
    Ships do not run on tons of fuel. They run on energy, writes Fuelsure.
  7. ANALYSIS: Singapore February Bunker Sales Up 12% Year-on-Year
    Mar 16
    February's total conventional and biofuel blend sales were still the lowest since June 2025.
  8. Half of the World's Bunker Fuel Still Sold by Just 10 Companies
    Mar 13
    The top ten global bunkering firms handled about half of global bunker demand in 2025.
  9. New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
    Mar 12
    With 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.
  10. VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
    Mar 12
    Regulators may be tempted to waive sulfur caps for shipping to free up middle distillates for use elsewhere, but the idea would face significant barriers.

Decarbonisation, Alternative Marine Fuels and Power More

  1. K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers
    Apr 02
    The company has already started using the fuel to power its LNG dual-fuel car carriers.
  2. Duo Partner on Inland Electric Vessel Charging in China
    Apr 02
    The partnership targets charging and battery-swapping infrastructure to support inland vessel electrification.
  3. World Fuel Services and West Coast Clean Fuels Establish US Methanol Bunkering Capability
    Apr 02
    The firms delivered a methanol stem in South Florida.
  4. Tsuneishi Delivers World's First LNG Dual-Fuel Kamsarmax
    Apr 02
    The vessel was officially handed over at its Fukuyama yard this week.
  5. Fluxys Saw Bio-LNG Demand Rise 73% at Zeebrugge Terminal in 2025
    Apr 02
    The growth was driven by demand from the road and shipping sectors.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 835.50 0.00 1640.00 0.00 713.50 0.00
Global 20 Ports Average 958.50 0.50 1791.50 32.50 795.50 0.00
Global Average Bunker Price 1036.00 1.50 1780.50 10.00 791.50 0.50
Singapore 879.00 0.00 1870.00 0.00 755.50 0.00
Rotterdam 741.00 0.00 1414.50 0.00 725.00 0.00
Fujairah 867.50 0.00 1898.00 0.00 733.50 0.00
Houston 854.50 0.00 1377.50 0.00 639.50 0.00
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Gibraltar 815.00 0.00 - 761.50 0.00
Hong Kong 920.00 0.00 1796.50 0.00 809.50 0.00
Istanbul 1029.00 0.00 1650.00 0.00 904.00 0.00
LA / LB 1140.00 0.00 1550.00 0.00 888.50 0.00
Las Palmas - login to view prices or
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New York 784.00 0.00 1322.50 0.00 651.00 0.00
Cristobal, Panama - login to view prices or
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Piraeus 875.00 0.00 1559.00 0.00 793.50 0.00
Santos 862.00 0.00 1496.00 0.00 -
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