Alternative Fuels

ENGINE on Fuel Switch Snapshot: Conventional fuels slump in major ports

HSFO becomes cheaper than B100 in Rotterdam; Singapore’s B100 flips to premium over LSMGO; Rotterdam LBM discounts to LNG widen.

Published

2 months ago

June 16, 2026

Admin

ENGINE on Fuel Switch Snapshot: Conventional fuels slump in major ports

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:

HSFO becomes cheaper than B100 in Rotterdam
Singapore’s B100 flips to premium over LSMGO
Rotterdam LBM discounts to LNG widen

Brent’s price has slumped by $14.73/bbl ($108/mt) on the week after US President Donald Trump announced a preliminary peace deal with Iran yesterday. The sharp decline has dragged conventional fuel prices lower in both Rotterdam and Singapore.

Rotterdam’s B100 has shifted to a $14/mt premium over HSFO, from a $1/mt discount seen a week ago.

B100 discounts to VLSFO and LSMGO have narrowed by $54/mt and $89/mt to $50/mt and $343/mt, respectively.

In Singapore, B100 has shifted from a $79/mt discount to LSMGO to a $16/mt premium.

ENGINE on Fuel Switch Snapshot: Conventional fuels slump in major ports

Rotterdam’s liquefied biomethane (LBM) discounts to its LSMGO have narrowed by $21-28/mt in the past week, to $639-844/mt, depending on the LNG engine type.

Liquid fuels

Rotterdam’s HSFO (-$71/mt) and VLSFO (-$110/mt) prices have to some extent tracked a $14.73/bbl ($108/mt) drop in front-month ICE Brent futures. Its LSMGO benchmark has fallen by $145/mt, exceeding a $125/mt decline in front-month ICE low sulphur gasoil futures.

The port’s B100 price has dropped by $56/mt over the past week. Dutch ZRE A ticket prices have edged down by €2/mtCO2e to €108/mtCO2e.

Singapore’s conventional fuel prices have fallen by $112-167/mt, and its B100 price by $72/mt.

Liquid gases

Rotterdam’s LNG bunker prices have dropped by $77-83/mt in the past week, largely tracking a 12% decline in the front-month Dutch TTF Natural Gas contract.

Its LBM prices have fallen by $117-124/mt. LBM discounts to LNG have widened by $40-41/mt to $455-462/mt in the past week.

Singapore’s LNG prices have risen by $13-16/mt. The rises came amid spot market demand from India for fertiliser plants, power generation and households, noted ANZ Bank’s Daniel Hynes. Japan and South Korea tend to import more gas for power generation during their summer months, and China has been active in the market, Hynes said.

By Konica Bhatt

Photo credit and source: ENGINE
Published: 16 June, 2026

Up Next

ARACON 2026 returns to Rotterdam to explore bunker fuel supply trends in ARA region

Don't Miss

Singapore: Bunker fuel sales drops by 6.8% on year in May 2026

Engine

Japan’s first WinGD methanol dual-fuel marine engine passes FAT at MITSUI E&S

Company successfully completed the Factory Acceptance Test of the DU-WinGD 6X82DF-M-1.0 LP-SCR, the first methanol dual-fuel WinGD large marine engine built in Japan.

Published

4 hours ago

August 4, 2026

Admin

MITSUI E&S completes FAT of Japan's first WinGD methanol dual-fuel engine

MITSUI E&S on Monday (3 August) announced that Mitsui E&S DU, a group company of MITSUI E&S, has successfully completed the Factory Acceptance Test (FAT) of the DU-WinGD 6X82DF-M-1.0 LP-SCR, the first methanol dual-fuel WinGD large marine engine built in Japan.

The engine is also the first WinGD large marine engine manufactured at MITSUI E&S Tamano Works.

“The engine is scheduled to be installed on the first vessel in a series of four vessels being built for a domestic shipowner,” the company said on its website.

By utilising green methanol as fuel, it will contribute to a substantial reduction in greenhouse gas (GHG) emissions from shipping operations.

“To meet the expected increase in marine engine demand under the Japanese government’s Shipbuilding Industry Revitalisation Roadmap, the MITSUI E&S Group is working to enhance production efficiency for large marine engines through integrated operation at MITSUI E&S Tamano and Mitsui E&S DU Aioi,” the company added.

Photo credit: MITSUI E&S
Published: 4 August, 2026

Alternative Fuels

Quadrise and Licella amend JDA to advance low-carbon marine fuel testing

Companies have been collaborating since March 2025 on the use of Licella’s bio-oil produced by HTL technology as a potential cost-effective feedstock for Quadrise’s bioMSAR™ and bioMSAR Zero™ fuels.

Published

4 hours ago

August 4, 2026

Admin

Quadrise, a low emissions fuels and biofuel developer, recently announced an amendment to the Joint Development Agreement (JDA) with Australian-based Licella Holdings (Licella).

Licella is a global technology pioneer delivering scalable, low-cost and high-value fossil replacement solutions. Its proprietary Cat-HTR™ hydrothermal liquefaction (HTL” technology efficiently converts abundant biomass residues and biowastes, including wood and agricultural waste, into high-quality, sustainable bio-oil that can be blended or refined into low-carbon liquid fuels.

“HTL is globally recognised as one of the most promising pathways for producing sustainable fuels for hard-to-abate sectors such as shipping, with organisations highlighting its potential to deliver low-carbon bio-oils at the scale the maritime sector requires,” Quadrise said.

Under the JDA entered into on 26 March 2025, Quadrise and Licella have been collaborating and seeking, inter alia, to progress the use of Licella’s bio-oil produced by HTL technology as a potential cost-effective feedstock for the Company’s bioMSAR™ and bioMSAR Zero™ fuels.

Under the JDA, pursuant to which lab testing has been undertaken in Australia and the UK, the parties have jointly developed a deeper understanding of the technological advancements needed to supply sustainable HTL-derived bio-oils to the maritime sector.

As a result, and prior to diesel engine testing, the Amended JDA now sets out a non-binding but more specific development focus, with an updated time schedule for the joint testing of the parties’ respective fuel technologies, with Licella providing the scalable HTL bio-oil production expertise and Quadrise providing maritime market access and fuel experience.

Upon successful completion of final lab tests on refined Licella HTL bio-oils in H2 2026, initial marine fuel diesel engine pilot tests are planned by the parties, after which Quadrise and Licella will seek to undertake the larger scale, third-party engine testing required to move to commercial vessel tests.

Photo credit: Scott Graham
Published: 4 August, 2026

Methanol

CMA CGM names new 15,000 TEU methanol-powered vessel “ROI ARTHUR”

Joining the company’s REX2 service, the ship will strengthen its fleet of new-generation vessels designed to support the decarbonisation of shipping.

Published

4 hours ago

August 4, 2026

Admin

French shipping giant CMA CGM on Monday (3 August) said its new 15,000 TEU methanol-powered vessel, CMA CGM ROI ARTHUR, has officially been named and is ready to begin its journey at sea.

Joining the company’s REX2 service, the ship will strengthen its fleet of new-generation vessels designed to support the decarbonisation of shipping.

“Powered by methanol, she contributes to reducing atmospheric emissions and advancing the energy transition of our industry,” the company said in a social media post.

The vessel was welcomed by her Master, Captain Roman DIDENKO, and her godmother, Ms. Sun Lijun, Vice Chairman of Tianjin Bridge Welding Materials Group Co., Ltd. and Vice President of the Tianjin Women Entrepreneurs Association.

In January, the company announced the arrival in its fleet of its 400th owned vessel, the CMA CGM MONTE CRISTO, the first in a series of six methanol container ships.

The Group is preparing to operate, by 2031, around 200 dual-fuel LNG and methanol container ships that can be powered with low-carbon energy.

Photo credit: CMA CGM
Published: 4 August, 2026