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Bunker Credit Managers Sanguine on Adani Risk After US Indictment

Bunker Credit Managers Sanguine on Adani Risk After US Indictment

Gautam Adani has characterised the Justice Department's allegations as 'baseless' and said his firm would seek 'all possible legal recourse' in fighting them.
  1. 03Dec
    The firm is testing the two-stroke ammonia-fuelled engine at its Research Centre Copenhagen facility. Read in Full
  2. 03Dec
    The compan.y is looking for candidates with at least six to seven years of experience in bunker trading or a related maritime field Read in Full
  3. 03Dec
    President Yoon declared the move in an unannounced late-night television address on Tuesday. Read in Full
  4. 03Dec
    Steve Bee, group commercial director at VPS, discusses the emergence of methanol as a marine fuel. Read in Full
  5. 03Dec
    The majority of the reductions are expected to take place this financial year. Read in Full
  6. 03Dec
    Revenues from this smuggled oil may total $1-3 billion/year. Read in Full
  7. 03Dec
    The acquisition was first announced in April. Read in Full
  8. 03Dec
    Ship & Bunker's G20-VLSFO Index lost $1/mt to $578.50/mt on Monday, erasing most of Friday's advance. Read in Full
  9. 03Dec
    Cowan Lee has been appointed to the role of head of Singapore commercial fuels sales as of this month. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 363.50 0.50 748.50 21.50 775.50 32.50
Rotterdam 449.50 2.00 925.00 34.00 959.00 35.00
Houston 410.50 4.00 844.50 13.50 875.50 14.00
Fujairah 250.00 1.50 514.50 2.00 533.50 2.00

Insights & Analysis More

  1. Bunker Credit Managers Sanguine on Adani Risk After US Indictment
    Dec 03
    Gautam Adani has characterised the Justice Department's allegations as 'baseless' and said his firm would seek 'all possible legal recourse' in fighting them.
  2. VPS: Methanol as a Marine Fuel
    Dec 03
    Steve Bee, group commercial director at VPS, discusses the emergence of methanol as a marine fuel.
  3. Maersk Now Lists Fossil LNG in Global Fuel Portfolio
    Nov 28
    The company now sees its global fuel portfolio as comprising conventional bunkers, biodiesel, methanol, LNG and bio-LNG.
  4. INSIGHT: The ABCDE of CII
    Nov 22
    Glander International Bunkering discusses how shipping companies can manage their responsibilities under the IMO's CII regulation.
  5. INTERVIEW: Opsealog Sees Potential for 10-12% Bunker Consumption Cuts in Offshore Segment
    Nov 14
    A trial of the company's services delivered 45-50 mtCO2e reduction per vessel per month to a maritime services firm earlier this year, Opsealog's Arnaud Dianoux tells Ship & Bunker.
  6. ANALYSIS: Singapore October Bunker Sales Jump to Nine-Month High
    Nov 14
    If the year-to-date total were replicated over the rest of 2024, this year's total for Singapore would reach 54.36 million mt, up by 4.9% from 2023's record high.
  7. FEATURE: Should Bunker Firms be Wary Over Use of WhatsApp in Deals?
    Nov 11
    Ship & Bunker explores whether legal and compliance concerns are starting to outweigh the apps' unquestioned convince.
  8. INTERVIEW: Glander Warns Asian Bunker Buyers to Take Urgent Action on EU Regulations
    Nov 04
    Eugene Xiao, sales manager for Glander International Bunkering in Singapore, discusses conversations with Asian buyers on EU emissions regulations in an interview with Ship & Bunker.

Demand at the 17 hubs overall at 138.1 million mt in 2023, up by 1.8% on the year and the most since 2021.

Click to Read in Full

Yemen & Red Sea Attacks

  1. UK Reports New Ship Attack in Gulf of Aden
    Dec 02
    The ship came under attack about 80 nautical miles south of Aden at 9:32 AM UTC on Sunday.
  2. 16 Missing After Tourist Boat Sinks in Red Sea
    Nov 26
    The Sea Story -- with 44 people on board, including 13 crew -- sent a distress signal at 5:30 AM local time on Monday before capsizing and sinking.
  3. UK Reports Suspicious Approach in Gulf of Aden
    Nov 21
    The incident took place about 74 nautical miles south-west of Aden at 3:30 AM UTC on Thursday.
  4. UK Reports New Ship Attack in Red Sea
    Nov 18
    The ship came under attack about 25 nautical miles west of Al Mukha at 4:13 PM UTC on Sunday.
  5. Egypt: Oil  From Stricken Tanker Offloaded at Suez
    Nov 08
    Ship was attacked by Houthi rebels earlier this year sparking fears of environmental pollution.

Top Stories More

  1. Bunker Credit Managers Sanguine on Adani Risk After US Indictment
    Dec 03
    Gautam Adani has characterised the Justice Department's allegations as 'baseless' and said his firm would seek 'all possible legal recourse' in fighting them.
  2. Maersk Pares Back 2030 Alternative Fuel Ambitions
    Nov 29
    The company now reportedly expects 15-20% of its bunker consumption to be alternative fuels by 2030, down from a previous target of 25%.
  3. Maersk Now Lists Fossil LNG in Global Fuel Portfolio
    Nov 28
    The company now sees its global fuel portfolio as comprising conventional bunkers, biodiesel, methanol, LNG and bio-LNG.
  4. Peninsula Expands Physical Supply Footprint to Houston
    Nov 26
    The company has hired Mike Parrent, formerly marketing manager for Bomin before its acquisition by Minerva Bunkering earlier this year, as its new physical desk manager in Houston.
  5. INSIGHT: The ABCDE of CII
    Nov 22
    Glander International Bunkering discusses how shipping companies can manage their responsibilities under the IMO's CII regulation.

Decarbonisation and Alternative Marine Fuels & Power More

  1. Maersk Now Lists Fossil LNG in Global Fuel Portfolio
    Nov 28
    The company now sees its global fuel portfolio as comprising conventional bunkers, biodiesel, methanol, LNG and bio-LNG.
  2. Hapag Lloyd Signs 250,000 MT/Year Green Methanol Deal
    Nov 28
    The firm has signed an offtake agreement with Beijing-based Goldwind for the delivery of 250,000 mt/year of a blend of bio- and synthetic methanol.
  3. Langh Tech Launches Onboard Carbon Capture System
    Nov 28
    Damen Shipyards Group will make the first commercial installations of its system on board four bulk carriers in early 2025.
  4. Norden Signs Maritime Decarbonisation Deal With Tech Giant Meta
    Nov 26
    The two companies have signed an agreement for emissions reductions from Norden's use of biofuels being allocated to Meta using a book-and-claim system.
  5. INSIGHT: The ABCDE of CII
    Nov 22
    Glander International Bunkering discusses how shipping companies can manage their responsibilities under the IMO's CII regulation.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 536.50 1.50 686.50 1.50 458.50 0.50
Global 20 Ports Average 578.50 1.00 758.50 0.00 492.00 1.00
Global Average Bunker Price 622.50 1.50 803.00 1.50 529.50 1.50
Singapore 549.00 0.50 668.50 4.00 470.50 1.50
Rotterdam 503.50 2.00 653.00 3.50 456.00 2.00
Fujairah 544.50 1.50 746.00 0.00 453.50 1.50
Houston 549.50 4.00 677.50 1.00 453.50 1.50
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 542.00 1.00 - 509.50 1.50
Hong Kong 597.00 1.50 682.50 1.50 509.00 4.50
Istanbul 593.00 5.50 742.50 8.00 558.50 3.50
LA / LB 581.50 1.00 725.50 1.00 478.00 0.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 578.50 0.00 700.50 0.00 496.50 0.00
Cristobal, Panama - login to view prices or
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Piraeus 595.00 2.00 717.50 5.00 492.50 1.00
Santos 526.00 4.00 755.00 4.00 -
Shanghai - login to view prices or
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St Petersburg 550.00 0.00 702.50 4.00 420.00 0.00
Tokyo - login to view prices or
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