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01
Dec

GLOBAL: Ten more freight buyers sign up coZEV initiative

Another ten freight buyers have joined the Cargo Owners for Zero Emission Vessels (coZEV) initiative whose members are focused on transitioning all their ocean freight to vessels powered by zero emission fuels by 2040.

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01
Dec

GLOBAL: Zero-carbon centre teaming up with US and Denmark to explore Global South green shipping corridors

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (The Center), the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South.

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01
Dec

GLOBAL: Maersk Tankers confirms order for up to 10 ammonia carriers

Maersk Tankers has placed an order for up to 10 very large ammonia carriers (VLACs) with Hyundai Samho Heavy Industries in Korea, with the first four vessels scheduled for delivery from the end of 2026.

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01
Dec

GLOBAL: Pakistan becomes a party to the Hong Kong Convention

Pakistan has become a Party to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships which will enter into force in June 2025.

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01
Dec

EUROPE: Cepsa and C2X outline plans for Europe’s largest green methanol project

The methanol-fuelled shipping sector has received a significant supply boost with the news that Cepsa and C2X are planning to develop Europe’s largest green methanol plant in the Port of Huelva, southern Spain.

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01
Dec

AFRICA: TotalEnergies selling its minority stake in Natref to Prax

TotalEnergies has agreed to divest its 36.36% minority stake in National Petroleum Refiners of South Africa (Natref) to the Prax Group.

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01
Dec

EUROPE: Vopak gives update on terminals portfolio

Vopak has published an update today on the completion of a 50% acquisition of the EeemsEnergyTerminal and the completion of the sale of three chemical terminals in Rotterdam.

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01
Dec

ASIA PACIFIC: MPA joins MTF

The Maritime and Port Authority of Singapore (MPA) has joined the Maritime Technologies Forum (MTF) as an associate member.

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01
Dec

EUROPE: Topsoe and Standard Gas to partner on UK-based renewable natural gas, methanol project

Topsoe has announced it has signed a Memorandum of Understanding (MoU) with decarbonisation technology company Standard Gas to collaborate on a UK-based project to produce renewable natural gas and methanol from residual waste feedstocks.

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01
Dec

GLOBAL: ABS supporting shipping companies’ sustainability reporting efforts

Classification society ABS has informed Bunkerspot that it has recently been extending support for the decarbonisation and sustainability efforts of both Edison Chouest Offshore (ECO) and McAllister Towing.

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01
Dec

GLOBAL: Vale begins first biofuel trial on Oldendorff-chartered Newcastlemax

Global mining company Vale, working in partnership with Oldendorff Carriers, has commenced its first biofuel voyage on a bulk carrier.

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30
Nov

GLOBAL: Arsenio Dominguez confirmed as next IMO Secretary-General

Arsenio Antonio Dominguez has been confirmed as the next Secretary-General of the International Maritime Organization (IMO).

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30
Nov

ASIA PACIFIC: MPA and IACS teaming up on maritime digitalisation, decarbonisation

The Maritime and Port Authority of Singapore (MPA) and the International Association of Classification Societies (IACS) have signed a Letter of Intent (LOI) to collaborate on various maritime digitalisation and decarbonisation initiatives.

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Bunker Prices - 01/12/2023

LOCATION

380

MGO

VLSFO

Buenos Aires

1097

637

Busan

490

777

665

Durban

1080

800

Fujairah

441

915

642

Gibraltar

530

867

620

Hong Kong

496

788

669

Houston

488

798

578

Istanbul

680

900

710

Las Palmas

535

882

635

Los Angeles

483

970

710

Malta (off)

522

880

615

Mumbai

635

1263

733

New York

538

916

603

Panama Canal

490

835

611

Piraeus

497

836

653

Rotterdam

484

800

580

Santos

1067

626

Shanghai

490

870

685

Singapore

474

785

656

St. Petersburg

430

730

580

Suez

622

1180

702

Tokyo

557

947

660

Bunkerspot Price Index

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