AD Ports Group on Tuesday (30 June) said it has signed a Memorandum of Understanding (MoU) with IRH Global Trading Ltd. to explore strategic cooperation in bunkering services and alternative marine fuels at Khalifa Port.

The MoU outlines potential collaboration across a range of areas, including the provision of bunkering services to vessels calling at Khalifa Port, the development of alternative fuel solutions such as Liquefied Natural Gas (LNG), biofuels, and methanol, and the exploration of opportunities related to fuel storage infrastructure, terminal facilities, and fuel sampling and testing capabilities.

Saif Al Mazrouei, CEO, Ports Cluster – AD Ports Group, said: “This collaboration reflects our commitment to forging strategic alliances that create long-term, sustainable value. 

“By working alongside trusted partners such as IRH, we are enhancing our capabilities and supporting the development of future-ready infrastructure and services that reinforce the UAE’s position as a leading global trade and logistics hub, in line with the vision of our wise leadership.”

Ali Rashed Alrashdi, Group CEO – International Resources Holding, said: “This collaboration with AD Ports Group reflects IRH’s commitment to build strategic partnerships that drive real economic impact. 

“As we continue to develop our global energy trading platform, bunkering and alternative marine fuels represent a high-potential area of growth. We see Khalifa Port as an ideal base from which to explore these opportunities, and we look forward to working closely with AD Ports Group to bring them to life.”

Through this collaboration, AD Ports Group and IRH Global Trading aim to further enhance Khalifa Port’s value proposition as a multi-purpose, deep-water port that supports efficient, sustainable, and future-oriented maritime operations.

IRH Global Trading is a global commodities trading firm with interests across the mining and energy value chain and plans to build a diversified global minerals and energy trading platform, including LNG, Liquefied Petroleum Gas (LPG), crude oil, and petroleum products. 

Photo credit: AD Ports Group
Published: 1 July, 2026

Singapore-headquartered shipping firm Eastern Pacific Shipping (EPS) on Monday (29 June) said from the start of recorded data to 31 Dec 2025, the company completed a total of 530 LNG bunkering operations with over 2.4 million cubic meters (m3) of LNG bunkered. 

In its 2026 ESG Report, the company said it continued advancing practical decarbonisation through its dual-fuel fleet expansion, alternative fuels, wind-assisted propulsion, and digital optimisation initiatives, alongside strengthened emissions reporting and third-party assurance.

With over 170 vessels designed to operate on alternative fuels, EPS said its fleet is among the largest dual-fuel fleets in the industry. In 2025, 25% of the fuel consumed by EPS fleet were alternative marine fuels, including LNG, LPG, ethane, and biofuels. 

In 2025, EPS also expanded its use of B100 biodiesel, a renewable fuel derived from sustainably sourced biomass such as used cooking oil, food waste, and agricultural residues, which offers increasing global availability and compatibility with existing marine engines while delivering substantial Well-to-Wake (WtW) emission reductions relative to conventional fossil fuels under certified supply chains. 

In 2025 alone, 94% of the biofuel the company  purchased were B100 grade. Cumulatively, from the start of recorded data to 31 Dec 2025, EPS has completed 61 biofuel bunkering operations with over 33,000 mt of biofuel.

The use of alternative fuels has lowered its emission by 464,610 mt of CO2e relative to conventional marine fuels, and it is equivalent to 9% of its entire Scope 1 emission.

The company added that its investments in wind-assisted propulsion systems, alternative fuels, digital optimisation and operational efficiency reinforced its long-term decarbonisation strategy. 

Since 2018, EPS has invested significantly in maritime decarbonisation, committing at scale to LNG as a transition fuel while progressively deploying a broad range of sustainable solutions across both legacy vessels and newbuild programmes, including ammonia-fuelled vessel orders.

As at the end of 2025, EPS had invested approximately USD 2.6 billion across 15 green projects, with over 51% of the fleet designed to operate on alternative fuels such as LNG, LPG, ethane and ammonia.

Photo credit: Eastern Pacific Shipping
Published: 30 June, 2026

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:

• Rotterdam B100 over $100/mt costlier than HSFO
• Rotterdam LBM discounts to LSMGO widen
• B100 premium over LSMGO drops to $39/mt in Singapore

Rotterdam B100’s premium over HSFO has widened by a further $35/mt to $103/mt over the past week.

On the other hand, its discounts to VLSFO and LSMGO have widened by $8/mt and $25/mt to $26/mt and $266/mt, respectively.

Singapore’s B100 has dropped slightly relative to conventional fuels. Its premiums over HSFO, VLSFO and LSMGO have narrowed by $16-25/mt over the past week to $39-408/mt.

LNG premiums over liquefied biomethane (LBM) in Rotterdam have widened by $15/mt to $440-447/mt.

Rotterdam’s LBM discounts to LSMGO have widened by $56-58/mt to $595-796/mt, depending on the engine type.

Liquid fuels

Rotterdam’s HSFO price has fallen by $41/mt over the past week. Its VLSFO has edged up by $2/mt, while its LSMGO price has increased by $19/mt.

The port’s B100 has edged down by $7/mt. Dutch ZRE A ticket prices have remained unchanged for a third consecutive week amid a “lack of reported trades,” Prima Markets has noted.

Singapore’s conventional fuel prices have declined by $36-45/mt over the past week, while its B100 benchmark has fallen by a larger $61/mt

The port’s monthly B100 sales doubled from 6,500 mt in April to 13,000 mt in May, according to preliminary data from the Maritime and Port Authority of Singapore.

Liquid gases

Rotterdam’s LNG prices have declined by $23-24/mt in the past week, driven largely by a 7% decline in LNG bunker premiums, which dropped from $134/mt to $125/mt. The front-month Dutch TTF Natural Gas contract has fallen by 2%, adding further downward pressure to LNG bunker prices.

Rotterdam’s LBM prices have fallen by $37-39/mt.

Singapore’s LNG prices have edged up by $8-9/mt. Resurging tensions in the Middle East, a Qatari gas facility explosion and rising LNG demand in Asia have added upward pressure on the prices.

LNG sales in Singapore jumped from 42,000 mt in April to a record 70,000 mt in May.

By Konica Bhatt

Photo credit and source: ENGINE
Published: 30 June, 2026