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ENGINE on Fuel Switch Snapshot: B100 pooling value surges

Conventional fuel prices slump on Brent’s drop; estimated B100 pooling value nears $750/mt; Rotterdam LNG bunker delivery premium falls.

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ENGINE on Fuel Switch Snapshot: B100 pooling value surges

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:

  • Conventional fuel prices slump on Brent’s drop
  • Estimated B100 pooling value nears $750/mt
  • Rotterdam LNG bunker delivery premium falls

Rotterdam’s B100 is now at a $159/mt discount to VLSFO, almost unchanged from the week prior.

Dutch-rebated B100 remains the cheapest compliance option for conventional-fuelled vessels in Rotterdam when factoring in EU regulations. The theoretical FuelEU pooling benefit for vessels sailing between EU ports and selling their compliance surplus from using B100 has climbed by $51/mt in the past week to an estimated $748/mt.

In Singapore, the picture is very different. B100 remains far more expensive, holding a $431/mt premium over VLSFO even after narrowing by $34/mt in the past week.

ENGINE on Fuel Switch Snapshot: B100 pooling value surges

For dual-fuel vessels in Rotterdam, the cheapest option depends on engine type. B100 is the lowest-cost compliance fuel for ships with Otto medium-speed engines, priced at a $40/mt discount to liquefied biomethane (LBM).

LBM becomes the more economical choice for vessels with diesel slow-speed engines, with B100 carrying a $99/mt premium over it.

Liquid fuels

A sharp $3/bbl ($22/mt) slide in front-month ICE Brent futures has knocked down conventional fuel prices over the past week. Rotterdam’s VLSFO has taken a heavy hit, falling $32/mt, while Singapore’s VLSFO has seen a milder $13/mt drop.

Conventional fuel availability remains stable in the ARA bunkering hub, but prompt deliveries are tight, a trader told ENGINE.

In Singapore, VLSFO delivery schedules vary widely depending on the supplier. Some can deliver within three days, while others require bookings up to three weeks in advance. This marks a tightening from last week’s range of 9–11 days.

B100 benchmarks in Rotterdam and Singapore have dropped by $34–47/mt and outpaced $28-39/mt declines in their respective LSMGO prices.

Liquid gases

Rotterdam’s LBM prices have fallen by $19–38/mt over the past week, depending on engine type, exceeding fossil LNG’s $13–17/mt drops.

The declines in Rotterdam’s LNG bunker prices have come amid a 3% drop in the front-month Dutch TTF Natural Gas contract and a 4% fall for ENGINE’s LNG bunker delivery premium, which is now at $127/mt.

In Singapore, LNG bunker prices have held mostly steady, edging up by $3/mt on the week. This is in line with a stable front-month NYMEX Japan/Korea Marker (JKM), which typically guides Asian LNG bunker prices.

One supplier told ENGINE that LBM feedstock prices in the ARA region have nearly doubled in recent months because of high bunker demand. This trend is reflected in Rotterdam’s ENGINE-assessed LBM price, which has risen about $41/mt over the past three months.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 12 August, 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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