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Alternative Fuels

ENGINE on Fuel Switch Snapshot: B100, LBM lose edge as prices climb

Rotterdam B100 over $66/mt costlier than VLSFO; LBM loses ground against HSFO; Singapore VLSFO faces supply squeeze.

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ENGINE on Fuel Switch Snapshot: B100, LBM lose edge as prices climb

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:

31 August 2026

  • Rotterdam B100 over $66/mt costlier than VLSFO
  • LBM loses ground against HSFO
  • Singapore VLSFO faces supply squeeze

B100’s premium over VLSFO in Rotterdam has widened to $67/mt, after the spread narrowed to just $10/mt last week. The same pattern has played out in Singapore, where B100’s premium over VLSFO has widened by $28/mt to $326/mt.

The OceanScore FuelEU Pooling Index, meanwhile, has barely moved for a second straight week, inching up by just €0.60/mtCO2e to €119.50/mtCO2e.

“Market activity has been subdued during the summer holiday period, with limited activity across the FuelEU pooling market,” OceanScore said. “Against this quieter backdrop, available offers continue to reflect differing seller strategies and underlying surplus generation costs,” it added.

ENGINE on Fuel Switch Snapshot: B100, LBM lose edge as prices climb

Rotterdam’s liquefied biomethane (LBM) has also lost its regulation-driven edge against HSFO on EU-EU voyages.

For vessels with diesel slow-speed (SS) engines, LBM has flipped from a $6/mt discount to HSFO last week to a $117/mt premium. For vessels with Otto medium-speed (MS) engines, its premium has widened by $121/mt to $284/mt.

LBM has also become less competitive against VLSFO. Its premium over VLSFO for Otto MS vessels has widened by $87/mt to $153/mt, while its discount for diesel SS vessels has shrunk by $89/mt to just $14/mt.

Liquid fuels

Rotterdam’s conventional bunker fuel prices have dropped by $13-58/mt over the past week, while B100 has moved sharply in the opposite direction, gaining $43/mt. The port’s B30-VLSFO and B30-LSMGO prices have risen by $67/mt and $41/mt, respectively.

The ARA has seen low bunker demand of late. Fuel availability in the bunkering hub is tight for prompt supplies, with recommended lead times of around 5-7 days to get good coverage, a trader told ENGINE.

The Dutch ZRE A price has gained €22.50/mtCO2e over the past week to €152.50/mtCO2e.

Singapore’s conventional bunker fuel prices have dropped by $37-56/mt over the past week and its B100 has declined by a much smaller $9/mt.

VLSFO availability in Singapore remains tight, with lead times varying significantly between suppliers from 7 to 19 days. A source attributed the tightness to reduced supply and shortages of blending components.

Liquid gases

Rotterdam’s LNG prices have gained $46-48/mt over the past week, depending on engine type. LNG holds $243-402/mt premiums over VLSFO, and $85-244/mt discounts to LSMGO in Rotterdam.

LBM prices have risen even more sharply, surging by $74-76/mt on the week. LBM’s discounts to LNG in Rotterdam have narrowed slightly to $249-257/mt.

Singapore’s LNG prices have edged lower by $3-4/mt.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 1 September, 2026

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LNG Bunkering

Singapore strengthens LNG bunkering framework with new SS 727 standard

Launch of SS 727 represents a significant achievement for Singapore’s maritime industry, providing a comprehensive framework to enhance safety and reliability of LNG bunkering operations, says FueLNG.

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Singapore strengthens LNG bunkering framework with new SS 727 standard

Singapore-licensed LNG bunker supplier FueLNG on Friday (28 August) announced a seminar to mark the elevation of the LNG bunkering Technical Reference (TR 56) to the newly published Singapore Standard SS 727 – LNG Bunkering.

FueLNG said the launch of SS 727 represents a significant achievement for Singapore’s maritime industry, providing a comprehensive and robust framework to enhance the safety, consistency, and reliability of LNG bunkering operations. 

“The standard captures years of industry experience, technological advancements and operational learnings, reinforcing Singapore’s position as a leading global LNG bunkering hub,” the company said.

Manifold Times previously reported MPA announcing that the existing TR56 would be upgraded into a Singapore Standard in August 2026 to further strengthen safe and reliable LNG bunkering operations. 

MPA said this in conjunction with announcing the issuance of eight new licences to supply LNG as a marine fuel in Singapore from 1 September.

The licences were awarded to Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International (Singapore), Shell Eastern Trading, Sinopec Fuel Oil (Singapore), TotalEnergies Gas & Power Asia (TEGPA)-Sembcorp Fuels (Singapore) Joint Venture, and Vitol Bunkers (S).

Singapore strengthens LNG bunkering framework with new SS 727 standard

A highlight of the seminar was the presentation by Dr. Saunak Rai, Chairman of the Technical Committee for Bunkering (Cryogenic & Gaseous Fuels) and General Manager of FueLNG, who led the industry effort to develop the standard. 

In his address, Dr Rai shared the evolution of LNG bunkering standards in Singapore, tracing the journey from the early development of TR 56 to its elevation as Singapore Standard SS 727. 

He also provided insights into the collaboration between industry stakeholders, regulators and technical experts that shaped the standard, while recognising and thanking the Technical Committee and Working Group members whose dedication and expertise made this milestone possible.

The seminar also featured practical operational perspectives from Siah Poh Chiang, Operations Manager, FueLNG, who shared valuable lessons from FueLNG’s experience in conducting safe and efficient truck-to-ship LNG bunkering operations using the standards, further demonstrating how industry best practices have contributed to the development of the new standard.

The seminar concluded with a panel discussion on the Future of LNG Bunkering, moderated by Dr Saunak Rai. The session brought together a distinguished panel comprising Mark Nicdao of Shell, Zhanming Yang of Equatorial Marine Fuel Management Services, Michael Newman of Fearnleys Asia (Singapore and Richard Tan of TotalEnergies Gas & Power Asia. 

The panellists shared perspectives on the evolving LNG bunkering landscape, market outlook, regulatory developments, operational challenges, and the role of LNG in supporting the maritime industry’s transition towards lower-carbon fuels. 

“The exchange of views and audience engagement underscored the importance of collaboration across the maritime value chain to accelerate the adoption of safe, reliable and sustainable bunkering solutions,” the company added. 

“As one of Singapore’s leading LNG bunkering providers, FueLNG is honored to have contributed to this important industry milestone through both operational experience and technical leadership.”

Note: SS 727 is now available through the Singapore Standards e-shop here.

Related: Singapore: Equatorial Marine Fuel among eight selected for new LNG bunkering licences

 

Photo credit: FueLNG
Published: 2 September, 2026

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Alternative Fuels

NYK and Stolt-Nielsen target LNG, bio-LNG bunkering growth through Avenir LNG JV

NYK says joint venture will pursue opportunities in LNG and bio-LNG bunkering, supporting the maritime industry’s transition to lower-emission fuels.

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NYK and Stolt-Nielsen target LNG, bio-LNG bunkering growth through Avenir LNG JV

Avenir LNG on Tuesday (1 September) announced the completion of the transaction first announced in March, establishing Avenir LNG as a 50/50 joint venture between NYK Line and Stolt-Nielsen.

The partnership brings together the global reach, expertise and capabilities of two leading maritime groups, providing an even stronger platform from which Avenir can continue to grow.

“For Avenir, our focus remains clear: expanding our global LNG bunkering and small-scale LNG activities, accelerating the adoption of Bio-LNG, and helping our customers navigate the transition towards lower-carbon shipping,” the company said. 

“We are incredibly proud of what the Avenir team has built to date and excited about what this new partnership makes possible.”

With the completion of the transaction, NYK said it has established a joint ownership and operating structure with Stolt-Nielsen for Avenir LNG, an operator in the LNG bunkering sector with one of the world’s largest fleets of LNG bunker vessels.

“The joint venture will pursue opportunities in LNG and bio-LNG bunkering, supporting the maritime industry’s transition to lower-emission fuels,” NYK said in a separate statement. 

 

Photo credit: Avenir LNG
Published: 2 September, 2026

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Methanol

MB Energy and TUI Cruises wrap up methanol bunkering trial of “Mein Schiff 7”

While methanol supplied during the operation is used for boiler operations rather than propulsion, operation provides TUI Cruises with practical experience in assessing its potential for emissions reduction.

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MB Energy and TUI Cruises wrap up methanol bunkering trial of “Mein Schiff 7”

Integrated energy company MB Energy on Tuesday (1 September) said it has successfully completed a methanol bunkering trial for TUI Cruises’ Mein Schiff 7 at the Ostseekai Cruise Terminal in the Port of Kiel.

As part of this delivery, approximately 25 cubic metres of methanol from renewable feedstocks were supplied to the vessel. The fuel will be used primarily for boiler operations on board. 

The logistic company Johs. Martens, acting on behalf of MB Energy, handled the trucking and physical delivery of the methanol to the vessel at the terminal. 

By safely and reliably supplying methanol to a large passenger vessel with around 2,900 guests on board and multiple simultaneous operations at the pier, MB Energy and TUI Cruises have jointly demonstrated system readiness for this mode of delivery. 

“The operation shows that lower carbon fuels like methanol from renewable feedstocks can already be integrated into cruise operations in a safe and reliable way,” said Jonathan Perkins, CEO from MB Energy. 

“Together with TUI Cruises and our logistics partner Johs. Martens, we are proving that the infrastructure and expertise are in place to support carbon reduced ways of shipping.” 

The company said the methanol bunkering highlighted the company’s growing capabilities in handling methanol for major clients in northern Europe.

MB Energy is currently developing its storage infrastructure in Hamburg-Blumensand to be “methanol-ready”, enabling the supply of larger volumes of lower carbon ammonia and methanol to maritime customers in the future. 

Hamburg and Kiel will serve as the company’s primary operational hubs in northern Germany, with the flexibility and ambition to also supply other European ports. 

“By combining our own storage infrastructure with integrated logistics, we can offer customers a reliable and uninterrupted methanol supply,” adds Jonathan Perkins. 

“Our first bunkering with ‘Mein Schiff 7’ is a strong signal of what is possible when shipowners, ports and energy providers work together.” 

Jörg Umann, Director Strategic Planning, Treasury, IR and Fuel at TUI Cruises, said: “For TUI Cruises, this project provided valuable operational experience with the supply and handling of certified renewable methanol under real operating conditions. 

“While the methanol from renewable feedstocks supplied during this operation is used for boiler operations rather than propulsion, projects like this help us better understand how alternative fuels can contribute to reducing emissions as part of a broader carbon reduction strategy.”

Mabanaft Group was renamed to MB Energy last year and merged over 50 existing brands under one identity. 

Related: Mabanaft Group renames as MB Energy, merging over 50 brands under one identity

 

Photo credit: MB Energy
Published: 2 September, 2026

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