ENGINE on Fuel Switch Snapshot: Price gains across fuel types

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

9 June 2025

• Rotterdam’s B100 price rises sharply
• B100’s discount to VLSFO remains steady in Rotterdam
• LNG premiums over conventional fuels widen

Sharp rises in both Rotterdam’s VLSFO and B100 prices have kept VLSFO premiums largely steady over the past week. Rotterdam’s VLSFO is now priced $162/mt above B100, a modest $1/mt increase from the previous week.

In Singapore, B100’s premium over VLSFO has narrowed by $32/mt to $496/mt, based on voyages to EU ports where 50% of emissions are counted.

LNG’s premium over liquefied biomethane (LBM) in Rotterdam has widened by $7/mt this week, to a range of $157–204/mt depending on engine type.

LNG’s premium over VLSFO in Rotterdam has increased by $17/mt to $127/mt for vessels with Otto medium-speed (Otto MS) engines. For vessels with diesel slow-speed (diesel SS) engines, LNG has dropped to a $38/mt discount to VLSFO, down from $55/mt last week.

Singapore’s LNG premium over its VLSFO has widened by $4/mt to $99/mt for Otto MS engine vessels, and by $5/mt to $17/mt for diesel SS engine vessels.

Liquid fuels

VLSFO prices in Rotterdam and Singapore have risen by $19/mt and $11/mt, respectively, over the past week, following a sharp increase in the front-month ICE Brent futures contract.

Rotterdam’s B100 price has increased by $17/mt over the past week.

Prima Markets has assessed its POMEME CIF ARA barge price up by about $37/mt compared to a week ago. While biofuel bunker suppliers do not necessarily track POMEME prices when setting B100 bunker prices, a sharp rise in the region’s feedstock costs could have influenced the overall market sentiment, potentially driving bio-bunker prices higher.

The Prima-assessed Dutch HBE rebate for marine B100 has jumped by $30/mt over the past week, reaching $420/mt.

Singapore’s B100 benchmark has declined by $21/mt over the same period.

Liquid gases

Rotterdam’s LNG bunker price has surged by $36/mt over the past week. The increase has largely been driven by expectations of a resolution in US-China trade talks and concerns over tightening supply in the European market.

Singapore’s LNG benchmark has risen by a smaller $16/mt. Asian LNG prices more broadly have drawn support from growing Asian gas demand to generate power for air condition systems during warmer weather.

By Konica Bhatt

Photo credit and source: ENGINE
Published: 10 June, 2025