Dec 11, 2024 · Bunker prices will be lower in 2025, but overall costs will rise for those operating within European waters, according to analysis by Ship & Bunker.. Based on the latest oil price outlook for 2025, next year the average VLSFO price across major bunkering ports will fall to $585/mt, down from an average of $630/mt witnessed over the first 11 months of 2024.

Ship & Bunker - News, Exclusive Features, Bunker Price Indications - The World's Most Read Publication for the Marine Fuels Industry

Jan 3, 2025 · Half of all tonnage ordered by the shipping industry in 2024 can run on alternative fuels, according to Clarksons Research.. The company noted 820 new vessel orders totalling 62.2 million GT capable of running on alternative fuels last year, it said in an emailed statement on Friday.. This included 390 orders of LNG-fuelled ships, 118 orders for methanol, 25 for ammonia, 72 for LPG and 12 for ...

Jan 1, 2025 · LNG is dominating the alternative marine fuel landscape, according to a report this week by asset management and advisory services firm Breakwave Advisors LLC.. Citing data from Greek maritime services firm Intermodal, Breakwave notes that the number of duel-fuel capable ships has risen substantially since 2018 standing today at 2,119 vessels.. This represents a combined capacity of 123 ...

Dec 3, 2024 · It's very apparent, global shipping's drive to decarbonise is well underway. The ship-building profile is changing dramatically, highlighted by the 2023 order book showing 539 newbuilds capable of running on low-to-zero carbon fuels, being ordered.. This equates to 45% of all orders in terms of gross tonnage. LNG dual-fuel vessels are currently the most popular vessels of choice, but Methanol ...

Jan 29, 2025 · TABLE 1 - Bunker Price Outlook Basis Ship & Bunker historical price data, EIA Oil Price Forecast. All prices quoted USD $/mt. SS refers to the "scrubber spread" between VLSFO and HSFO. Overview. Bunker prices can be expected to peak in the first quarter of 2025 before declining steadily over the course of the year and throughout 2026, according to the latest analysis from Ship & Bunker.

Latest World bunker prices, analysis, trends, and history.

Jan 6, 2025 · As the bunker industry enters 2025, the rapidly increasing complexity it faces is set to provide the greatest opportunities to its larger companies.. With each new year, the array of issues hitting the desks of the bunker industry's CEOs seems to grow wider. This year, regulations, sanctions and geopolitics, credit concerns and digitalisation will all bring their share of headaches to the ...

Latest Global Average Bunker Price bunker prices, analysis, trends, and history.

Jan 9, 2025 · About VesselsValue.com. VesselsValue.com is the online intelligence and information service used by the world's leading commercial and investment banks, private equity, investment and hedge funds, shipowners and operators, lawyers, accountants and brokers.. With our core of belief in speed, usability and convenience, we provide instant and unbiased values at the click of a button, helping ...