Latest News
Dry Bulk Ship Orders Down 26% as Economic Uncertainty Looms
A combination of factors is driving the slowdown, including elevated newbuild prices, the cost premium for dual-fuel vessels, and lingering questions over future fuel technologies and regulations.
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17AprHave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 10 – April 16, 2025. Read in Full
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17AprIf the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. Read in Full
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17AprThe company recorded a 600% increase in biofuel bunker sales in 2024. Read in Full
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17AprThe cruise ship's first LNG bunkering was carried out by Shell, MSC Cruises' official refuelling partner. Read in Full
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17AprFirst trials of shore power connectivity have been completed at Hamburg's container terminal. Read in Full
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17AprBuilt by Cemre Shipyard, the electric ferry is set for deployment in the northern waters of Norway. Read in Full
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17AprShip & Bunker's G20-VLSFO Index lost $3/mt to $521/mt on Wednesday, having reached its highest level since April 8 the previous day. Read in Full
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17AprThe 170,000 b/d capacity refinery located in California produces gasoline, diesel, jet fuel and asphalt for road construction. Read in Full
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17AprThe vessel is equipped with dual-fuel engines from WinGD. Read in Full
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16AprThe sanctions precede a second round of Washington/Tehran nuclear negotiations. Read in Full
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16AprThe firm delivered its first ULSFO stem on Tuesday, ahead of the upcoming Mediterranean Control Area (MED ECA) regulation. Read in Full
MEPC 83 & IMO 2028
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Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO. -
Apr 15The gas lobby group thinks that e-methane and bio-LNG are more scalable than other alternative fuels. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028. -
Apr 14While the deal is likely to be formally adopted in October, those abstaining in last week's vote will need to be brought on-side, according to IBIA's IMO representative. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator. -
Apr 11IMO secretary-general Arsenio Dominguez says the agreement reached this week should be seen as a positive outcome. -
Apr 10IMO's team approach will get the job done despite US delegation no-show. -
Apr 09A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'. -
Apr 07At the opening of MEPC 83, Arsenio Dominguez called for consensus on the net-zero mandate and other key environmental goals. -
Mar 31As the shipping industry faces increasing pressure to decarbonise, CMB.TECH is urging IMO to take decisive action at the upcoming series of meetings.
Top Stories More
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Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance. -
Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
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Apr 11While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker. -
Apr 09A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'.
Insights & Analysis More
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Apr 17If the Q1 total were replicated over the rest of 2025, Singapore's annual sales would reach 52 million mt, down by 4.5% from 2024's record high. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal. -
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
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Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
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Apr 14Steve Bee of VPS discusses how to avoid engine damage from cat fines. -
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
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Apr 11While market uncertainty has increased, Monjasa still expects to see the fourth-highest profits in its history in 2025, CFO Rasmus Knudsen tells Ship & Bunker.
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Apr 10Steve Bee of VPS discusses the use of advanced testing methods to avoid fuel quality problems. -
Apr 08Steve Bee and Emilian Buksak of VPS discuss how the shipping industry should approach the energy transition. -
Apr 02The company expects to see 600,000-700,000 mt of global biofuel demand growth in B100 terms in 2025, Jesper Sørensen tells Ship & Bunker.
Yemen & Red Sea Attacks
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Mar 26Nearly 1 million mt of bunker fuel was sold in Port Louis in 2024, almost double that from 2023. -
Mar 25Vice President JD Vance reportedly sees Houthi attacks on commercial shipping as more of a problem for Europe than the US.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 17Built by Cemre Shipyard, the electric ferry is set for deployment in the northern waters of Norway. -
Apr 16Steve Bee and Emilian Buksak of VPS discuss the new IMO 2028 deal.
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Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
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Apr 16Norway reaffirms its zero-emission rule for cruise ships in the UNESCO World Heritage fjords by 2026, with a delayed deadline for larger cruise ships until 2032. -
Apr 15Bulk shipping industry body INTERCARGO is concerned about the complex nature of GHG reduction measures put forward by the IMO.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 480.00 | 3.00 | 644.00 | 2.50 | 424.00 | 3.50 |
| Global 20 Ports Average | 523.50 | 2.50 | 714.00 | 6.50 | 460.50 | 4.00 |
| Global Average Bunker Price | 563.50 | 0.50 | 747.50 | 4.00 | 473.00 | 0.50 |
| Singapore | 497.00 | 2.50 | 614.50 | 4.00 | 440.00 | 2.50 |
| Rotterdam | 453.00 | 4.00 | 615.00 | 2.50 | 422.00 | 4.50 |
| Fujairah | 494.00 | 3.50 | 716.50 | 1.00 | 434.00 | 3.00 |
| Houston | 475.50 | 1.00 | 629.50 | 4.00 | 400.50 | 4.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 489.50 | 3.00 | - | 464.00 | 1.00 | |
| Hong Kong | 507.00 | 0.50 | 619.00 | 0.50 | 467.50 | 4.00 |
| Istanbul | 571.00 | 12.00 | 708.00 | 14.50 | 511.50 | 12.00 |
| LA / LB | 558.50 | 0.50 | 705.50 | 3.00 | 484.00 | 7.00 |
| Las Palmas |
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| Mumbai |
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| New York | 496.00 | 7.00 | 648.50 | 5.00 | 438.50 | 4.50 |
| Cristobal, Panama |
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| Piraeus | 536.00 | 2.00 | 685.50 | 10.00 | 450.00 | 8.50 |
| Santos | 504.50 | 1.00 | 784.50 | 8.00 | - | |
| Shanghai |
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| St Petersburg | 550.00 | 0.00 | 707.50 | 0.00 | 410.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 523.50 | 2.50 | 714.00 | 6.50 |
| Global 4 Ports Average | 480.00 | 3.00 | 644.00 | 2.50 |
| Global Average Bunker Price | 563.50 | 0.50 | 747.50 | 4.00 |
| Singapore | 497.00 | 2.50 | 614.50 | 4.00 |
| Fujairah | 494.00 | 3.50 | 716.50 | 1.00 |
| Rotterdam | 453.00 | 4.00 | 615.00 | 2.50 |
| Houston | 475.50 | 1.00 | 629.50 | 4.00 |
Bunker Jobs
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Apr 15The company is looking for candidates with some experience in shipping, maritime or the oil industry and fluent Vietnamese and English. -
Apr 14The company is looking for candidates with proven bunker surveying experience and fluent English and Dutch. -
Apr 14The company is seeking candidates with at least ten years of experience in product management, product development and/or engineering for the Maidenhead-based role. -
Apr 09Maritime Recruitment Company Ltd is seeking candidates for a junior bunker trader role in Singapore, Vernon Jayanathan tells Ship & Bunker. -
Apr 07The company is looking for candidates with at least five years of maritime experience.
Popular Now More
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Apr 15Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of VLSFO consumed in 2028.
-
Apr 16Maria Angeles Lopez, decarbonisation manager at Peninsula, discusses the options shipping companies have for FuelEU Maritime compliance.
-
Apr 14The shipping industry is busy digesting a complex but relatively unambitious new decarbonisation framework from its global regulator.
-
Apr 17The cruise ship's first LNG bunkering was carried out by Shell, MSC Cruises' official refuelling partner. -
Apr 09A note from the US delegation argues against the promotion of 'hypothetical, expensive and unproven fuels'.
-
Apr 16The sanctions precede a second round of Washington/Tehran nuclear negotiations. -
Apr 17The vessel is equipped with dual-fuel engines from WinGD.