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17
Feb

GLOBAL: Fratelli Cosulich lifts stake in FEMO Bunker

The Fratelli Cosulich Group has increased its controlling stake in FEMO Bunker to 62% of its share capital.

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17
Feb

EUOPE: Gasum to charter 7,800 cbm LNG bunker vessel newbuild

Gasum has announced it is to charter a new 7,800 cubic metre (cbm)-capacity LNG bunker vessel (LNGBV) that is set to be delivered in 2027.

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17
Feb

AMERICAS: CORE POWER launches ‘US-anchored’ maritime civil nuclear project

CORE POWER has announced plans to develop the Liberty maritime civil nuclear initiative that would ‘unlock’ a floating nuclear power market by the mid-2030s with a potential value of $2.6 trillion.

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17
Feb

BUNKER HUB PRICE WATCH: Rotterdam

The price of very low sulphur fuel oil (VLSFO) decreased week-on-week at the Port of Rotterdam, according to Bunkerspot Price Index (BPi) data.

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17
Feb

EUROPE: New bunker company launched by Eitzen Group offering pool services

Eitzen Group’s recently launched company, Christiana Energy, is now offering pool services to external customers, Managing Director, Patrick Jørgensen, has informed Bunkerspot.

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17
Feb

GLOBAL: Maritime stakeholders restate commitment to global levy-based GHG pricing mechanism

As the IMO Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 18) meets in London this week, the International Chamber of Shipping (ICS) continues to press for a levy-based greenhouse gas (GHG) pricing mechanism as ‘the best and most pragmatic means’ of accelerating shipping’s decarbonisation, while the International Bunker Industry Association (IBIA) has expressed its confidence in the IMO’s ability to administer a global GHG fund.

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17
Feb

AMERICAS: Marine fuel sales rise 26.6% y-o-y in Panama

The 477,900 metric tonnes (mt) of marine fuel sales in Panama last month marked a 26.6% year-on-year (y-o-y) increase on the 377,542 mt sold in January 2024.

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17
Feb

GLOBAL: Shipping companies and NGOs call on IMO to exclude ‘crop fuels’ from green shipping options

Shipping companies including Hapag-Lloyd and a number of climate NGOs have called on the International Maritime Organization (IMO) to exclude ‘unsustainable biofuels’ from its list of green alternatives to traditional fossil fuels.

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17
Feb

EUROPE: Kongsberg equipment to feature on Bibby’s electric offshore vessel

Norwegian technology provider Kongsberg Maritime has secured a contract to supply equipment for Bibby Marine’s newbuild electric Commissioning Service Operation Vessel (eCSOV), which will feature the largest ever battery installation on an offshore vessel.

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17
Feb

ASIA PACIFIC: First LNG bunkering SIMOPS in Port of Tanjung Pelepas 

Hapag-Lloyd’s containership Bangkok Express has become the first vessel to complete simultaneous operations of LNG bunkering at the Malaysian Port of Tanjung Pelepas (PTP).

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17
Feb

ASIA PACIFIC: Wallenius Wilhelmsen wraps up first biofuel bunkering in Japan

Wallenius Wilhelmsen has announced that its MT Tamesis bunkered 400 metric tonnes (mt) of B24 biofuel (very low sulphur fuel oil (VLSFO)-blended) in the Port of Yokohama, marking the Ro-Ro company’s first biofuel bunkering in Japan.

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17
Feb

GLOBAL: MAN ES ammonia engine being tested at Mitsui factory destined for installation on bulk carrier

MAN Energy Solutions has announced that the MAN B&W 7S60ME-LGIA (Liquid Gas Injection Ammonia) Mk 10.5 prototype engine that earlier this month began its ammonia fuel test-run at Mitsui E&S’s Tamano Factory in Japan will ‘eventually’ be installed aboard a 200,000-DWT bulk carrier built by Imabari Shipbuilding for a joint venture between “K” LINE, NS United and Itochu.

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17
Feb

ASIA PACIFIC: Kunlun Energy completes first offshore LNG bunkering operation in Hong Kong

Kunlun Energy has announced that its LNG bunkering vessel fuelled the Zim Haifa Blue Stone on Friday (14 February) at the southern anchorage of Cheung Chau, marking its first offshore LNG bunkering operation in Hong Kong.

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Bunker Prices - 17/02/2025

LOCATION

380

MGO

VLSFO

Buenos Aires

1126

601

Busan

520

704

600

Durban

1077

712

Fujairah

478

767

564

Gibraltar

510

759

566

Hong Kong

520

705

586

Houston

453

726

551

Istanbul

550

750

610

Las Palmas

515

774

581

Los Angeles

560

782

646

Malta (off)

507

740

555

Mumbai

611

1157

683

New York

507

776

555

Panama Canal

500

757

575

Piraeus

500

764

625

Rotterdam

459

670

538

Santos

836

583

Shanghai

567

737

580

Singapore

500

693

571

St. Petersburg

430

700

550

Suez

524

1022

623

Tokyo

572

887

610

Bunkerspot Price Index

bpi Small