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20
Mar

ASIA PACIFIC: CMA CGM inks green methanol bunkering agreement with SIPG Energy and Shanghai Electric Group

Container shipping giant CMA CGM has announced it has signed a green methanol long term supply cooperation agreement with SIPG Energy and Shanghai Electric Group to develop a fully integrated green methanol value chain.

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20
Mar

EUROPE: MAMII calls on EU to integrate FuelEU Maritime with IMO methane guidelines

The Methane Abatement in Maritime Innovation Initiative (MAMII) has called on the European Union (EU) to integrate forthcoming International Maritime Organization (IMO) methane guidelines into its FuelEU Maritime policy to accelerate emissions reductions in shipping.

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20
Mar

BUNKER HUB PRICE WATCH: Houston

High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices increased at Houston over the last seven days, according to Bunkerspot Price Index (BPi) data.

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20
Mar

GLOBAL: Chris-Marine unveils new fuel injector test unit for 4-stroke engines

Chris-Marine has announced the launch of the VPU 1600, a fuel injector test unit for 4-stroke engines.

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20
Mar

GLOBAL: Interferry calls for expansion of shore power funding

Interferry’s Director of Regulatory Affairs, Johan Roos, has called for a broader approach to shore power funding.

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20
Mar

GLOBAL: Developing countries could be ‘priced out’ of e-fuel production, UCL/UMAS study warns

A new study by UMAS and the UCL Energy Institute has found that developing countries risk being left out of the opportunities brought by shipping’s transition to new fuels, as poor access to finance and higher capital costs could almost double the price of e-fuels they produce.

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20
Mar

EUROPE: Molgas kicks off bio-LNG bunkering operations in Zeebrugge

Molgas Energy Group has announced it has started the supply of bio-LNG at the Port of Zeebrugge.

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20
Mar

GLOBAL: Hafnia to roll out new digital bunker platform

Hafnia is set to debut next week a new digital platform which it says aims to bring ‘greater transparency, accountability, and cost savings’ to the bunker market.

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20
Mar

GLOBAL: Hapag-Lloyd’s bunker consumption rose by almost 19% y-o-y in 2024

In its annual report published today (20 March), Hapag-Lloyd has reported that its fleet’s bunker consumption totalled 4.7 million metric tonnes (mt) in 2024, which was an increase of 18.9% on the previous year’s 4.0 million mt.

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20
Mar

GLOBAL: HD and DNV exploring use of PSA carbon capture technology for fuel cells on ships

HD Korea Shipbuilding and Offshore Engineering (HD KSOE), HD Hydrogen, and DNV will be working together to develop and validate Pressure Swing Adsorption (PSA) technology for carbon capture in solid oxide fuel cells (SOFC) – and they will then explore the possibilities of using it for shipboard power generation.

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19
Mar

GLOBAL: Poseidon Principles for Marine Insurance releases latest disclosure report

The Poseidon Principles for Marine Insurance has released its Third Annual Disclosure Report – the first since members unanimously agreed to adopt a new trajectory on climate change, aligning with the International Maritime Organization’s 2023 revised greenhouse gas emissions strategy.

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19
Mar

ASIA PACIFIC: Hong Kong’s Sun Ferry takes delivery of diesel-electric ferry

Hong Kong-based ferry operator Sun Ferry has taken delivery of a new 35-metre diesel-electric ferry, Xin Ming Zhu 30.

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19
Mar

BUNKER HUB PRICE WATCH: Singapore

Very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices increased week-on-week at the Port of Singapore, according to Bunkerspot Price Index (BPi) data.

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Bunker Prices - 20/03/2025

LOCATION

380

MGO

VLSFO

Buenos Aires

1096

574

Busan

502

665

556

Durban

640

Fujairah

454

740

506

Gibraltar

496

703

522

Hong Kong

485

650

517

Houston

432

672

526

Istanbul

520

715

545

Las Palmas

501

718

537

Los Angeles

527

691

624

Malta (off)

495

698

512

Mumbai

607

1139

684

New York

485

697

525

Panama Canal

472

704

530

Piraeus

485

719

582

Rotterdam

442

629

496

Santos

797

571

Shanghai

490

680

516

Singapore

470

649

521

St. Petersburg

430

700

550

Suez

520

967

592

Tokyo

552

852

580

Bunkerspot Price Index

bpi Small