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ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update
If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
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18JunImplied volatility continues to climb, says Babin. Read in Full
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18JunThe acquisition boosts RINA's global marine consulting presence and brings in Foreship's expertise in cruise ship design and alternative vessel technologies. Read in Full
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18JunThe firm will now be able to deliver bunker fuels at the berth at Peru's Chancay. Read in Full
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18JunThe vessel targets future ammonia demand from dual-fuel bulk ships at the Port of Dampier. Read in Full
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18JunThe new vessel will make its first port call at Shanghai on July 7, where it is set to join Maersk's East Asia to Northern Europe service. Read in Full
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18JunThe fuel cell system is suitable to power harbour crafts, coastal and inland vessels. Read in Full
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18JunTankers linked to the Russian shadow fleet, along with Rosneft Marine UK, have been added to the UK sanctions list. Read in Full
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18JunThe firms seek to ramp up AI integration across shipbuilding activities. Read in Full
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18JunThe port anticipates a volume increase from late June and July following a tariff pause. Read in Full
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18JunFAME-based biofuel is being used to power the bunker barge's operations in Tokyo Bay, Japan. Read in Full
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18JunIEA says bunker fuel demand is set to remain flat through 2030 as weak trade and tightening IMO rules offset shipping growth. Read in Full
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Jun 18If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future. -
Jun 17PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon. -
Jun 16Singapore recorded its highest monthly bunker sales since January 2024 in May, with about 4.83 million mt of bunker fuels sold during the month. -
Jun 13Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs. -
Jun 10Klean Industries' Mark VandeVoorde believes Tyre Pyrolysis Oil is one such product thanks to the way it is classified under the EU's RED III rules.
Insights & Analysis More
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Jun 18If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
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Jun 16Singapore recorded its highest monthly bunker sales since January 2024 in May, with about 4.83 million mt of bunker fuels sold during the month.
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Jun 13Q1's bunker volumes figures confirm the start of what looks to be a difficult year for shipping, with the rare development of demand being down at almost all major hubs.
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Jun 05Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation. -
May 30Glander International Bunkering discusses the need for a comprehensive approach to bunker procurement. -
May 29Steve Bee of VPS discusses fuel quality considerations as distillates become more widely used because of the Mediterranean ECA.
Decarbonisation and Alternative Marine Fuels & Power More
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Jun 18The vessel targets future ammonia demand from dual-fuel bulk ships at the Port of Dampier. -
Jun 18The new vessel will make its first port call at Shanghai on July 7, where it is set to join Maersk's East Asia to Northern Europe service. -
Jun 18The fuel cell system is suitable to power harbour crafts, coastal and inland vessels. -
Jun 18If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
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Jun 17The vessel is the sixth in a series of 20 ammonia- and methanol-ready container ships being built for ONE.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 548.50 | 8.50 | 728.50 | 17.50 | 480.50 | 5.00 |
| Global 20 Ports Average | 581.50 | 10.50 | 789.50 | 22.50 | 506.00 | 7.00 |
| Global Average Bunker Price | 608.00 | 7.00 | 816.00 | 14.50 | 515.50 | 6.50 |
| Singapore | 568.50 | 10.00 | 698.00 | 24.00 | 492.50 | 7.50 |
| Rotterdam | 524.00 | 8.00 | 718.50 | 17.00 | 484.50 | 4.50 |
| Fujairah | 556.50 | 7.50 | 764.00 | 11.00 | 477.50 | 1.50 |
| Houston | 544.50 | 8.50 | 734.50 | 19.00 | 468.00 | 8.00 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 562.50 | 0.00 | - | 523.50 | 5.50 | |
| Hong Kong | 572.00 | 8.50 | 699.00 | 13.50 | 516.50 | 9.00 |
| Istanbul | 700.50 | 13.00 | 840.50 | 36.00 | 594.00 | 13.50 |
| LA / LB | 615.00 | 15.00 | 789.50 | 40.00 | 531.50 | 15.00 |
| Las Palmas |
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| Mumbai |
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| New York | 556.50 | 9.00 | 756.50 | 20.00 | 496.00 | 12.50 |
| Cristobal, Panama |
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| Piraeus | 638.00 | 19.00 | 777.50 | 22.50 | 524.50 | 22.50 |
| Santos | 574.00 | 79.00 | 792.00 | 43.00 | - | |
| Shanghai |
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| St Petersburg | 531.50 | 4.00 | 735.50 | 0.00 | 399.00 | 12.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 581.50 | 10.50 | 789.50 | 22.50 |
| Global 4 Ports Average | 548.50 | 8.50 | 728.50 | 17.50 |
| Global Average Bunker Price | 608.00 | 7.00 | 816.00 | 14.50 |
| Singapore | 568.50 | 10.00 | 698.00 | 24.00 |
| Fujairah | 556.50 | 7.50 | 764.00 | 11.00 |
| Rotterdam | 524.00 | 8.00 | 718.50 | 17.00 |
| Houston | 544.50 | 8.50 | 734.50 | 19.00 |
Bunker Jobs
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Jun 13The company is looking for candidates with fluent English and preferably experience in shipping, operations, chartering or agency. -
Jun 12The company is looking for candidates with at least five years of experience in fuel oil blending and other relevant areas. -
Jun 10The company is looking for candidates with experience in bunker trading, a performance-driven track record and a strong commercial mindset. -
Jun 06The role will be covering key cruise line accounts for KPI OceanConnect Global Accounts. -
Jun 06Synthesis Recruitment is seeking candidates for bunker trading roles in Dubai, London, Athens, Singapore and Spain.
Popular Now More
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Jun 17Two crude tankers collided off the coast of Khor Fakkan early Tuesday, with reports indicating a fire broke out following the incident. -
Jun 18Jasen Butler, owner of Independent Marine Oil Services, is accused of defrauding the US military of over $5 million through fake documents. -
Jun 18Tankers linked to the Russian shadow fleet, along with Rosneft Marine UK, have been added to the UK sanctions list. -
Jun 18If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.
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Jun 17PRIO tells Ship & Bunker it has secured long-term contracts with cruise companies to supply HVO in Lisbon.
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Jun 18FAME-based biofuel is being used to power the bunker barge's operations in Tokyo Bay, Japan. -
Jun 18IEA says bunker fuel demand is set to remain flat through 2030 as weak trade and tightening IMO rules offset shipping growth.