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BUNKER PRICES: Tariff Tensions Send Global VLSFO Prices to 3 1/2-Year Low
Ship & Bunker's G20-VLSFO Index lost $13.50/mt to its lowest level since September 2021 on Friday.
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07AprThe firm is ramping up its presence as a key green methanol bunker supplier in Asia. Read in Full
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07AprChinese EV manufacturer has launched another LNG-fuelled car carrier. Read in Full
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07AprMaersk's e-methanol supplier, European Energy, has produced the first batch of e-methanol with a purity level of 99.85%. Read in Full
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07AprThe firm views bio-LNG as a viable option to reduce emissions further. Read in Full
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04AprOil hasn't incurred such a steep plummet since 2021. Read in Full
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04AprThe new hire previously served as a trader for Christiania Energy. Read in Full
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04AprIt can supply methanol, along with biofuel blends up to B100 and conventional marine fuels. Read in Full
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04AprChina will impose a 34% tariff on all imports from the US from April 10. Read in Full
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04AprThe company is looking for candidates with at least five years of physical commodity trading experience, preferably covering fuel oil or gasoil. Read in Full
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04AprThe firm supplied VLSFO to a boxship operated by COSCO using an electronic bunker delivery note. Read in Full
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04AprThe firm's bulk carrier bunkered about 1,000 mt of B24-VLSFO in Singapore last month. Read in Full
Top Stories More
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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. -
Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
Insights & Analysis More
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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.
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Mar 14If year-to-date sales were replicated over the rest of 2025, this year's total for Singapore would reach 51.42 million mt, down by 5.6% from 2024's record high.
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. -
Mar 19With Red Sea tensions escalating again following US strikes, vessel diversions are expected to keep the container market tight. -
Mar 18The US military has stated it will continue striking Houthi targets in Yemen, likely forcing ships to keep rerouting away from the Suez Canal. -
Mar 12Houthis vow to resume attacks on Israeli ships in the Red Sea as Gaza aid deadline expires.
Decarbonisation and Alternative Marine Fuels & Power More
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Apr 04A flat-rate GHG levy, once central to IMO's mid-term plans, has been dropped in favour of a tiered compliance system. -
Apr 02The new shore power installation at Cruise Port Rotterdam was officially inaugurated on Monday. -
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.
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Apr 02Both forums will work together for joint initiatives and knowledge sharing for shipping decarbonisation. -
Apr 01Methanol leads March with 12 out of 25 alternative-fuelled vessel orders.
Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 499.50 | 22.50 | 661.00 | 25.50 | 439.00 | 17.00 |
| Global 20 Ports Average | 548.50 | 13.50 | 735.00 | 21.00 | 482.00 | 13.00 |
| Global Average Bunker Price | 596.00 | 1.50 | 779.00 | 12.50 | 495.50 | 14.00 |
| Singapore | 515.50 | 21.00 | 630.50 | 34.00 | 446.00 | 22.00 |
| Rotterdam | 470.50 | 27.00 | 635.00 | 31.50 | 426.50 | 24.50 |
| Fujairah | 509.50 | 22.00 | 723.00 | 18.00 | 443.50 | 20.00 |
| Houston | 502.00 | 20.50 | 655.50 | 19.00 | 439.50 | 2.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 500.50 | 29.50 | - | 465.00 | 23.00 | |
| Hong Kong | 527.50 | 11.00 | 658.50 | 5.50 | 489.00 | 10.50 |
| Istanbul | 551.00 | 16.00 | 725.00 | 11.50 | 501.00 | 21.50 |
| LA / LB | 624.00 | 9.50 | 728.50 | 12.50 | 520.00 | 5.50 |
| Las Palmas |
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| Mumbai |
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| New York | 536.50 | 10.50 | 686.00 | 19.50 | 470.50 | 12.00 |
| Cristobal, Panama |
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| Piraeus | 570.50 | 21.50 | 713.00 | 17.50 | 464.50 | 21.50 |
| Santos | 538.00 | 7.00 | 809.50 | 10.00 | - | |
| Shanghai |
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| St Petersburg | 575.50 | 0.00 | 721.50 | 0.00 | 431.00 | 0.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 548.50 | 13.50 | 735.00 | 21.00 |
| Global 4 Ports Average | 499.50 | 22.50 | 661.00 | 25.50 |
| Global Average Bunker Price | 596.00 | 1.50 | 779.00 | 12.50 |
| Singapore | 515.50 | 21.00 | 630.50 | 34.00 |
| Fujairah | 509.50 | 22.00 | 723.00 | 18.00 |
| Rotterdam | 470.50 | 27.00 | 635.00 | 31.50 |
| Houston | 502.00 | 20.50 | 655.50 | 19.00 |
Bunker Jobs
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Apr 04The new hire previously served as a trader for Christiania Energy. -
Apr 04The company is looking for candidates with at least five years of physical commodity trading experience, preferably covering fuel oil or gasoil. -
Apr 03The company is looking for candidates with at least 15 years of relevant experience, including five or more years in managerial roles. -
Mar 31Maritime Recruitment Company Ltd is seeking candidates for a trader/broker role in Europe, Vernon Jayanathan tells Ship & Bunker. -
Mar 28The company is looking for candidates with at least ten years of experience, including three to four years in a senior leadership role.
Popular Now More
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Apr 01The container line alleges GCC supplied its vessels with about 33,628 mt of contaminated VLSFO in Houston between March and June 2023. -
Apr 07Ship & Bunker's G20-VLSFO Index lost $13.50/mt to its lowest level since September 2021 on Friday. -
Apr 07Chinese EV manufacturer has launched another LNG-fuelled car carrier. -
Apr 04A flat-rate GHG levy, once central to IMO's mid-term plans, has been dropped in favour of a tiered compliance system.
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Mar 31The acquisition will boost Varo Energy's biofuel supply footprint along with conventional fuels. -
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.
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Apr 03The company has signed a heads of agreement with e-fuels company HIF Global for the planned offtake of methanol produced with renewable power and captured carbon dioxide.