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IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty

IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty

Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
  1. 04Mar
    The company has agreed to sell its 90% interests in Panama Ports Company - which owns and operates the ports of Balboa and Cristobal. Read in Full
  2. 04Mar
    The designation is being made over the movement's activities threatening the security of American citizens and personnel in the Middle East, the safety of its regional partners and the stability of global maritime trade. Read in Full
  3. 04Mar
    The company is looking for candidates with at least five years of relevant experience. Read in Full
  4. 04Mar
    The global coalition aims to advance e-methane adoption in shipping. Read in Full
  5. 04Mar
    The wind propulsion system has been installed by GT Wings and reduces bunker fuel consumption by harnessing wind energy. Read in Full
  6. 04Mar
    The tariffs will take effect on March 10, but will not apply to US goods shipped before March 10 and arriving in China by April 12. Read in Full
  7. 04Mar
    Ship & Bunker's G20-VLSFO Index lost $3/mt to $573.50/mt on Monday, reaching its lowest level since December 23. Read in Full
  8. 04Mar
    The battery system is designed for hybrid-electric and fully electric applications, making it ideal for ferries, yachts and canal boats. Read in Full
  9. 04Mar
    The funding will allow Echandia to increase its production capacity for marine batteries. Read in Full
  10. 04Mar
    The collision led to the loss of a few containers that fell into the water. Read in Full
  11. 04Mar
    Galp already supplies biofuel blends for shipping, and the new facility could further boost its biofuel bunker sales. Read in Full

Methanol Bunker Prices

Gray Methanol MEOH-VLSFOe MEOH-MGOe
$/mt    +/- $/mte    +/- $/mte    +/-
Singapore 381.00 14.00 784.00 4.00 813.00 4.50
Rotterdam 373.00 10.50 767.00 2.50 795.50 3.50
Houston 383.00 6.00 787.50 7.50 816.50 7.50
Fujairah 254.00 14.50 522.00 8.50 541.00 9.00

Top Stories More

  1. IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty
    Mar 04
    Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
  2. World Kinect Bunker Sales Volumes Drop to Lowest in at Least Ten Years
    Feb 24
    The firm saw bunker volumes of 16.6 million mt last year, down by 1.5% on the year and the lowest annual total since public data begins in 2015.
  3. INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms
    Feb 19
    Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  4. CMA CGM Announces New Route Passing Through Red Sea
    Feb 19
    The move potentially signals a more relaxed attitude to the risk of Houthi attacks after the ceasefire in Gaza.
  5. MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
    Feb 19
    2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.

Insights & Analysis More

  1. IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty
    Mar 04
    Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
  2. Methane Slip is Growing Decarbonisation Threat for Shipping: VPS
    Feb 26
    VPS Decarbonisation Advisor Emilian Buksak discusses the methane slip issue in relation to using LNG as an alternative marine fuel.
  3. World Kinect Bunker Sales Volumes Drop to Lowest in at Least Ten Years
    Feb 24
    The firm saw bunker volumes of 16.6 million mt last year, down by 1.5% on the year and the lowest annual total since public data begins in 2015.
  4. INTERVIEW: Hafnia and Cargill to Set Up One of World's Largest Bunker Firms
    Feb 19
    Seascale Energy will combine of Cargill's bunker unit Pure Marine Fuels and Hafnia's Bunker Alliance, its managers tell Ship & Bunker.
  5. MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
    Feb 19
    2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
  6. INTERVIEW: Eitzen launches Christiania Energy in Denmark
    Feb 17
    Odense-based Christiania Energy was set up last year to cover the needs of Christiania Shipping, and is now seeking to explore pool partnerships, Managing Director Patrick Jørgensen tells Ship & Bunker.
  7. INTERVIEW: SEA-LNG Sees 'The Game Just Starting' on LNG Bunkering
    Feb 07
    SEA-LNG still sees the current state of play as an early stage in LNG's development, Chairman Peter Keller tells Ship & Bunker.

Yemen & Red Sea Attacks

  1. US Formally Designates Houthi Movement as Terrorist Organisation
    Mar 04
    The designation is being made over the movement's activities threatening the security of American citizens and personnel in the Middle East, the safety of its regional partners and the stability of global maritime trade.
  2. Suez Canal Authority Expects Normalisation of Traffic From Late March: Report
    Feb 11
    The authority expects a gradual return to normal traffic from late March and a full recovery by the middle of this year.

Decarbonisation and Alternative Marine Fuels & Power More

  1. IE Week: Bunker Industry Seen as 'Rabbit in Headlights' Amid 2025 Uncertainty
    Mar 04
    Facing a wide array of changes and uncertainties in 2025, the bunker industry appears to be taking a pause for thought at the start of the year.
  2. Shipping Groups Back EU Clean Deal, Demand Clearer Green Fuel Roadmap
    Feb 27
    The EU's Clean Industrial Deal charts a course for greener shipping, but industry groups caution that a clearer roadmap is still needed to ramp up green fuel production.
  3. Alternative Marine Fuels: Are We There Yet?
    Feb 26
    Attendees at Argus Media's Future Fuels forum doubt maritime's ability to reach net-zero by 2050, but the market is taking shape nevertheless.
  4. Buyers Alliance ZEMBA Issues Tender to Procure E-Fuels
    Feb 26
    ZEMBA, made up of global companies such as online giant Amazon, has issued a tender to procure e-fuels for its shipping needs.
  5. Methane Slip is Growing Decarbonisation Threat for Shipping: VPS
    Feb 26
    VPS Decarbonisation Advisor Emilian Buksak discusses the methane slip issue in relation to using LNG as an alternative marine fuel.

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 518.50 11.00 680.50 11.00 450.50 19.50
Global 20 Ports Average 565.00 8.50 760.50 11.00 496.50 11.50
Global Average Bunker Price 611.00 6.50 803.00 4.50 511.00 10.00
Singapore 516.00 14.00 648.50 12.00 468.00 28.00
Rotterdam 507.00 10.50 647.00 14.50 440.00 8.00
Fujairah 519.50 14.50 738.00 8.50 450.50 31.50
Houston 530.50 6.00 688.50 9.50 443.50 10.00
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 530.00 13.00 - 493.00 14.00
Hong Kong 537.00 7.50 670.50 13.00 491.00 18.50
Istanbul 569.50 10.50 740.50 9.50 538.00 7.50
LA / LB 613.00 11.00 745.00 10.50 561.50 18.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 544.50 6.00 752.00 7.50 490.50 7.00
Cristobal, Panama - login to view prices or
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Piraeus 597.00 6.00 744.00 11.50 491.00 10.50
Santos 557.00 0.00 786.50 0.00 -
Shanghai - login to view prices or
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St Petersburg 565.00 0.50 722.00 0.50 408.00 3.00
Tokyo - login to view prices or
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