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ENGINE on Fuel Switch Snapshot: B100 gains more price edge on VLSFO

Rotterdam’s B100-VLSFO spread widens; LBM at even wider discounts to fossil LNG.

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ENGINE on Fuel Switch Snapshot: B100 gains more price edge on VLSFO

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:

12 May 2025

  • Rotterdam’s B100-VLSFO spread widens
  • LBM at even wider discounts to fossil LNG

A slightly bigger weekly gain for VLSFO ($29/mt) than for B100 ($25/mt) in Rotterdam has widened the spread between the two. B100 is now $142/mt cheaper than VLSFO, an increase of $4/mt from the previous week’s discount.

B100’s discount to LSMGO has widened by $7/mt to $240/mt.

ENGINE on Fuel Switch Snapshot: B100 gains more price edge on VLSFO

LNG remains the costliest fuel in the Dutch port when consumed in Otto medium-speed (Otto MS) engines on voyages between two EU ports. It is priced $195/mt above liquefied biomethane (LBM) when they are both consumed in Otto MS engines.

For dual-fuel shipowners, LNG is currently priced $118/mt above VLSFO in Rotterdam.

However, LNG flips to a discount to VLSFO when used in diesel slow-speed (diesel SS) engines, which have the lowest default methane slip rating of 0.2%. With reduced methane slip, EU regulatory compliance costs make LNG $45/mt cheaper than VLSFO.

Despite this, LNG still carries a $149/mt premium over LBM when used in diesel SS engines.

Liquid fuels

Rotterdam’s VLSFO price has surged $29/mt higher in the past week. The price rise is mostly driven by an increase in the front-month ICE Brent Futures benchmark and a tightening supply of the fuel in the ARA region.

Rotterdam’s B100 benchmark has seen a similar increase, rising by $25/mt over the same period.

Singapore’s VLSFO price has also climbed, up by $38/mt week-on-week. Bunker availability in the port remains tight, with lead times extended significantly, to around 9–17 days now.

Liquid gases

Rotterdam’s VLSFO-equivalent LNG bunker price with EU-EU voyages costs included has increased by $31/mt in the past week. Stiffer competition between European and Asian LNG importers and a larger bunker delivery premium have pushed Rotterdam’s LNG bunker price up.

Singapore’s LNG bunker price has climbed 1% higher on the week with support from rising Platts Japan/Korea Marker values, and counter downward pressure from a smaller bunker delivery premium.

Global gas demand has gotten a shot in the arm from tentative steps to de-escalate the US’ trade war with China. A further de-escalation could improve the outlook for industries reliant on this trade, which could produce more goods and consume more gas as energy inputs to their factories as a result.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 9 May, 2025

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LNG Bunkering

PIL’s LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on LNG and low-sulphur fuel oil that helps reduce our greenhouse gas emissions.

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PIL's LNG dual-fuel boxship “Kota Elok” arrives in Singapore on maiden call

Singapore-based Pacific International Lines Pte Ltd on Monday (20 July) said its first 13,000 TEU LNG dual-fuel container vessel, Kota Elok, recently made her maiden call to Singapore on 15 July.

As the first of 13 new 13,000 TEU vessels joining its fleet, Kota Elok is equipped to operate on liquefied natural gas (LNG) and low-sulphur fuel oil that helps reduce our greenhouse gas emissions. 

The vessel also incorporated energy-saving features and digital technologies to reduce fuel consumption and enhance operational performance, as well as a bow windshield to improve aerodynamics, contributing to improved fuel efficiency and lower emissions over the course of long-haul voyages.

“Following Singapore, Kota Elok will continue her voyage on our East Coast Service 1 (ES1) route to South America, calling at ports in Brazil, Uruguay, and Argentina before returning to Asia,” the company said in a social media post. 

Kota Elok also became PIL’s first vessel to receive Lloyd’s Register certification for compliance with the IACS UR E26 and UR E27 cyber security requirements.

Developed by the International Association of Classification Societies (IACS), UR E26 and UR E27 are mandatory cyber resilience requirements for newbuild vessels contracted from 1 July 2024. 

 

Photo credit: Pacific International Lines
Published: 21 July, 2026

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LNG Bunkering

CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s alternative fuel bunkering infrastructure.

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CIMC SOE secures order for 12,000-cbm LNG bunkering vessel from Sinopec Clean Energy

China’s Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE) recently signed a contract with Sinopec (Beijing) Clean Energy Co., Ltd. to build a 12,000-cubic metre (m3) LNG bunkering vessel, according to Chinese maritime media.

The vessel is scheduled for delivery in 2028 and will support Sinopec’s efforts to expand its presence in the marine clean energy sector.

Once operational, the vessel is expected to strengthen Sinopec’s domestic coastal LNG bunkering network and help address gaps in China’s LNG bunkering infrastructure.

With this signing , CIMC Pacific Offshore Engineering’s LNG bunkering vessel orderbook is further strengthened, maintaining its leading position in the global market for small and medium-sized LNG bunkering vessels.

The contract also marked another milestone for CIMC SOE, which has seen a sharp increase in orders and business performance this year amid a surge in domestic LNG vessel demand.

 

Photo credit: Nantong CIMC Sinopacific Offshore & Engineering
Published: 21 July, 2026

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Nuclear

ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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