Latest News
KPI OceanConnect Pre-Tax Profits Sank by 59% in 2023/24 as Volumes Jumped
The firm's pre-tax profit per tonne was about $1.67/mt, down from about $4.45/mt the previous year.
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02JulThe purpose of the pause is 'to address project delivery and ensure future competitiveness given current market conditions'. Read in Full
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02JulThe firm set up its Singapore operation in October 2019. Read in Full
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02JulMaritime Partners will use the acquisition to help develop sustainable fuel sources for the maritime industry. Read in Full
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02JulShip & Bunker's G20-VLSFO Index lost $2/mt to $636/mt on Monday, in its first daily decline since June 24. Read in Full
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02JulThe new senior trader has worked for the company since July 2021. Read in Full
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02JulThe company is looking for candidates with at least two or three years of experience in bunker markets and experience in bunker risk management. Read in Full
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02JulThe firm delivered about 9,000 m3 of LNG to the CMA CGM Bahia at the Raffles Reserve Anchorage in Singapore on June 29. Read in Full
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02JulThe company is looking for candidates with experience in fuel trading and knowledge of commodity markets. Read in Full
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01JulMeanwhile, the Trans Mountain pipeline delivers strong numbers. Read in Full
Insights & Analysis More
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Jun 28The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year. -
Jun 24Eddy Van Bouwel of EvBo Consult discusses whether blends of conventional and green methanol make sense as a means of maritime decarbonisation. -
Jun 24While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time. -
Jun 18Shipping routes are continuously impacted by geopolitical conflict, growing climate change concerns, weather emergencies, market demands, large-scale disruptions, and more. -
Jun 14May's total was the highest since January. -
Jun 14The industry may have reached a tipping-point on MFMs where more and more suppliers and regulators drive uptake of the systems, 2050 Marine Energy's Adrian Tolson tells Ship & Bunker. -
Jun 13The current orderbook represents 33.8 million mt of bunker demand. 15.6 million mt (46%) of that demand is alternative bunker fuels.
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.
Yemen & Red Sea Attacks
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Jul 01The incident took place about 13 nautical miles south-west of Al Mukha at 3:10 AM UTC on Sunday. -
Jun 28The ship came under attack about 150 nautical miles north-west of Al Hudaydah at 6:52 AM UTC on Friday. -
Jun 27The ship came under attack about 83 nautical miles south-west of Al Hudaydah at 6:44 AM UTC on Thursday. -
Jun 26The ship cane under attack about 52 nautical miles south of Aden at 5 PM UTC on Tuesday. -
Jun 24The ship came under attack about 246 nautical miles south-east of Nishtun in Yemen at 4:44 AM UTC on Monday.
Top Stories More
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Jul 02The firm's pre-tax profit per tonne was about $1.67/mt, down from about $4.45/mt the previous year. -
Jul 01The new manager will be responsible for LNG bunkering at Baltimore and Norfolk, as well as ammonia bunkering at Jacksonville, Savannah, Benicia and Oakland. -
Jun 26The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker. -
Jun 25Revenue sank to $14.5 billion from $16.6 billion a year earlier. -
Jun 25Bunker Holding's earnings were hit by the termination of cargo activities in Africa, its parent company said.
Decarbonisation and Alternative Marine Fuels & Power More
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Jul 02Maritime Partners will use the acquisition to help develop sustainable fuel sources for the maritime industry. -
Jun 28Crowley's battery-powered tug the eWolf was christened at the Port of San Diego this week. -
Jun 28The firm's EUA cost for 2024 is anticipated to total $15 million, or 0.7% of its total fuel and emissions bill for the year.
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Jun 27The two firms will work to integrate Blue Water Optimum Speed Services with VPS's suite of data-driven decarbonisation services. -
Jun 27Samir Fernandez, director of Cepsa Marine Fuel Solutions, sees the scale of biofuel demand from shipping leading to more supply.
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Latest Bunker Prices See All Bunker Prices
| VLSFO | MGO | IFO380 | ||||
|---|---|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | $/mt | +/- | |
| Global 4 Ports Average | 610.00 | 2.50 | 794.50 | 4.00 | 509.50 | 1.00 |
| Global 20 Ports Average | 636.00 | 2.00 | 845.00 | 4.00 | 541.00 | 2.00 |
| Global Average Bunker Price | 679.00 | 0.50 | 904.50 | 0.00 | 578.00 | 2.00 |
| Singapore | 628.50 | 2.00 | 766.00 | 4.50 | 526.50 | 0.50 |
| Rotterdam | 575.50 | 2.00 | 769.00 | 3.00 | 500.50 | 4.00 |
| Fujairah | 631.50 | 1.00 | 858.50 | 5.50 | 525.50 | 0.00 |
| Houston | 603.50 | 6.00 | 784.50 | 3.50 | 486.00 | 0.50 |
| Busan |
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| Colombo |
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| Durban |
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| Gibraltar | 610.50 | 3.50 | - | 546.50 | 3.50 | |
| Hong Kong | 633.50 | 3.00 | 757.50 | 2.50 | 540.00 | 5.00 |
| Istanbul | 646.00 | 1.00 | 844.00 | 2.50 | 596.50 | 3.50 |
| LA / LB | 638.00 | 5.50 | 842.00 | 2.00 | 506.50 | 1.00 |
| Las Palmas |
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| Mumbai |
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| New York | 625.00 | 5.50 | 784.00 | 6.00 | 531.00 | 1.50 |
| Cristobal, Panama |
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| Piraeus | 662.50 | 0.00 | 818.00 | 5.50 | 525.50 | 4.00 |
| Santos | 667.00 | 0.00 | 908.00 | 0.00 | - | |
| Shanghai |
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| St Petersburg | 573.00 | 5.00 | 735.00 | 4.00 | 481.00 | 10.00 |
| Tokyo |
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Top Bunker Prices All Prices
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Global 20 Ports Average | 636.00 | 2.00 | 845.00 | 4.00 |
| Global 4 Ports Average | 610.00 | 2.50 | 794.50 | 4.00 |
| Global Average Bunker Price | 679.00 | 0.50 | 904.50 | 0.00 |
| Singapore | 628.50 | 2.00 | 766.00 | 4.50 |
| Fujairah | 631.50 | 1.00 | 858.50 | 5.50 |
| Rotterdam | 575.50 | 2.00 | 769.00 | 3.00 |
| Houston | 603.50 | 6.00 | 784.50 | 3.50 |
Bunker Jobs
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Jul 02The company is looking for candidates with at least two or three years of experience in bunker markets and experience in bunker risk management. -
Jul 02The company is looking for candidates with experience in fuel trading and knowledge of commodity markets. -
Jul 01The company is looking for candidates with at least three years of experience for bunker trader roles and one or two years of experience for junior trader roles. -
Jul 01The company is looking for candidates with experience in the Asian bunker industry and fluent English and Mandarin. -
Jul 01The company is looking for candidates with fluent English, a relevant degree and preferably knowledge of and experience in maritime logistics.
Popular Now More
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Jul 02The new senior trader has worked for the company since July 2021. -
Jul 01The new hire had previously worked for Sing Fuels in its Asia procurement team in Singapore. -
Jun 26The firm shut down its PSTV Cargo operation in the second half of the 2023/24 financial year, a company representative tells Ship & Bunker.
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Jul 02The firm's pre-tax profit per tonne was about $1.67/mt, down from about $4.45/mt the previous year.
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Jun 26The firm is now offering B10, B20, B24 and B30 blends to ISO 8217:2024 specifications, a company representative tells Ship & Bunker. -
Jul 01The new manager will be responsible for LNG bunkering at Baltimore and Norfolk, as well as ammonia bunkering at Jacksonville, Savannah, Benicia and Oakland.
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Jun 28Ankora Fuels will initially focus on MGO and ULSMGO deliveries by barge and truck in the Port of New York and New Jersey, co-founder John Barbarise III tells Ship & Bunker.