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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.

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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
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

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Methanol

China: Chimbusco takes delivery of new methanol bunkering vessel in Zhoushan

Company says commissioning of “Zhong Ran LV Neng 85” will further enhance its service capabilities in green methanol bunkering in major domestic ports.

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Chimbusco takes delivery of new methanol bunkering vessel in Zhoushan

China Marine Bunker (PetroChina) (Chimbusco) recently took delivery of its first bunkering vessel in China to deliver methanol to dual-fuel ships.

The 8,500-dwt duplex stainless steel chemical tanker Zhong Ran LV Neng 85 was successfully delivered in Zhoushan.

The company said the commissioning of this new ship will further enhance Chimbusco’s service capabilities in green methanol bunkering in major domestic ports and expand its national marine new energy service and support network

During the delivery period, Chimbusco said it focused on safe operations and conducted special training for all crew members of the vessel.

The training covered methanol bunkering operation specifications, prevention of collisions between commercial and fishing vessels, daily vessel reporting, and voyage report filling standards.

Manifold Times previously reported the launching of the bunkering vessel at Taizhou Fangzhen Shipbuilding Wharf in Zhejiang.

The floating out of the ship comes after Chimbusco has obtained methanol bunkering licences for Shanghai Port and Ningbo Port.

Related: Chimbusco launches new methanol bunkering vessel in Zhejiang

 

Photo credit: China Marine Bunker (PetroChina) (Chimbusco)
Published: 16 June, 2026

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LNG Bunkering

CCEC and CMA CGM form joint venture to build and operate LNG bunkering vessel

Each party will hold a 50% ownership stake in the joint venture, which has been established for the purpose of constructing, chartering, and operating one 20,000 cbm dual-fuel LNG bunkering vessel.

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RESIZED scott graham

Capital Clean Energy Carriers Corp. (CCEC), an international owner of ocean-going gas vessels, on Friday (12 June) announced the formation of a joint venture company with CMA CGM. 

Each party will hold a 50% ownership stake in the joint venture, which has been established for the purpose of constructing, chartering, and operating one 20,000 cbm dual-fuel LNG bunkering vessel. 

The joint venture marks CCEC’s entry into the LNG bunkering segment, the company’s first vessel dedicated to marine fuel supply.

In connection with this transaction, the joint venture has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) for the construction of the vessel at a contract price of USD 82.8 million, with delivery expected in the third quarter of 2028.

Incorporating the latest technologies, the vessel is designed to enable safe and reliable LNG transfers across a wide range of operating conditions. Advanced emissions reduction systems, combined with highly efficient dual-fuel power generation, are designed to help the vessel meet applicable environmental standards of the global shipping industry.

In addition, the joint venture is expected to enter into a 12-year time charter with a joint venture company formed between CMA CGM and TotalEnergies, commencing upon delivery of the vessel from the shipyard.

Jerry Kalogiratos, CEO of Capital Clean Energy Carriers, commented: “This joint venture marks CCEC’s entry into LNG bunkering — a natural extension of our gas platform from carriage into marine fuel supply. 

“Working alongside counterparties of the calibre of CMA CGM and TotalEnergies, we can help build the infrastructure that allows LNG to deliver a cleaner emissions profile, alongside security and diversity of supply, while opening a new, long-term contracted revenue stream for the Company through the Joint Venture.”

Christine Cabau, Executive Vice President Operations and Assets of CMA CGM, said: “Together with Capital Clean Energy Carriers and TotalEnergies, we are committed to building a reliable and high-performance LNG bunkering supply chain, which is essential to ensuring the availability and reliability of fuels such as LNG that represent the first step in the decarbonization of our industry.”

 

Photo credit: Scott Graham
Published: 16 June, 2026

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Nuclear

LR: Rotterdam study sets out pathway for nuclear-powered commercial ship port calls

New joint study has found that existing port safety and risk-management frameworks could provide a credible starting point for assessing nuclear-powered ship calls within a major European port environment.

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RESIZED Shaah Shahidh on Unsplash

A new joint study using the Port of Rotterdam as a case study has found that existing port safety and risk-management frameworks could provide a credible starting point for assessing nuclear-powered commercial ship calls within a major European port environment, according to Lloyd’s Register (LR) on Thursday (11 June). 

The desktop study, Enabling Nuclear-Powered Feeder Ships: A Joint Development Project on Port Call Feasibility and Regulatory Pathways, carried out through a joint development project involving LR, the Port of Rotterdam Authority, CORE POWER and A.P. Moller – Maersk, sets out the questions that ports, regulators and industry would need to answer in order to assess nuclear-powered vessels in a structured and responsible way. 

It also identified further work that would be required before routine operation could be contemplated, including regulatory alignment, emergency preparedness, security, liability and public engagement.

Its publication comes at a time of growing pressure on the shipping industry to identify even more scalable zero-emission technologies capable of meeting increasingly demanding decarbonisation requirements while preserving operational reliability, endurance and flexibility.

The report argued that maritime nuclear propulsion should be evaluated as part of the wider discussion around shipping decarbonisation, energy resilience and long-term industrial competitiveness.

While much of the current EU policy discussion has focused on alternative fuels such as hydrogen, ammonia and e-fuels, the report notes that segments of global shipping may ultimately require additional propulsion solutions capable of supporting endurance, reliability and operational flexibility at scale.

The Port of Rotterdam participated as a case study because it provides a real-world European port environment through which to examine how emerging energy and shipping technologies could interact with existing port safety frameworks, operations and regulatory processes.

Importantly, the study concluded that existing risk-based port safety frameworks already familiar to European ports could provide a credible starting point for assessing nuclear-powered vessels, provided nuclear-specific safety, security and operational considerations are systematically integrated and supported by appropriate national and international guidance.

The findings suggested that the real challenge for future maritime nuclear propulsion is likely to centre on regulatory alignment, governance, integration between nuclear and maritime safety regimes, and public and institutional preparedness.

The study identifies several key findings:

  • Existing port safety and risk-management frameworks provide a credible starting point for the assessment of nuclear-powered commercial vessels within the defined case study scenario.
  • Further work is needed on regulatory alignment, governance coordination, nuclear-specific safety and security, emergency preparedness, liability and insurance, operational integration and public engagement before routine commercial operation could be contemplated.
  • Current IMO provisions relating to nuclear-powered ships were developed for an earlier era and require modernisation to support any future civil commercial nuclear propulsion pathway.
  • Current European maritime decarbonisation discussions remain heavily focused on alternative fuels, with comparatively limited consideration of high-density, zero-emission propulsion systems capable of supporting long-range and high-utilisation shipping operations.
  • Major ports and maritime Member States may play an important role in shaping how nuclear propulsion is assessed and potentially integrated into future shipping strategies.

 

Photo credit: Shaah Shahidh on Unsplash
Published: 16 June, 2026

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