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ENGINE on Fuel Switch Snapshot: B100’s pooling value gains

B100 pooling value now estimated above $700/mt; B100-LBM spreads between $19-99/mt in Rotterdam; Singapore’s VLSFO-LNG spreads at $33-51/mt.

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ENGINE on Fuel Switch Snapshot: B100’s pooling value gains

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:

  • B100 pooling value now estimated above $700/mt
  • B100-LBM spreads between $19-99/mt in Rotterdam
  • Singapore’s VLSFO-LNG spreads at $33-51/mt

B100’s discount to VLSFO in Rotterdam has held steady at around $160/mt in the past week. That was only a marginal $2/mt increase from the week before. The theoretical FuelEU pooling benefit for vessels sailing between EU ports and selling surplus compliance from using B100 has risen by $25/mt to $716/mt.

Over in Singapore, B100 has narrowed its gap to VLSFO by $17/mt and now sits at a $446/mt premium after factoring in estimated regulatory benefits for Singapore-EU voyages.

ENGINE on Fuel Switch Snapshot: B100’s pooling value gains

B100 and liquefied biomethane (LBM) typically serve different vessel types, so a few will directly choose between the two. But for those looking to compare, Rotterdam’s B100 is now $19/mt more expensive than LBM when used on vessels with Otto medium-speed (Otto MS) engines.

For diesel slow-speed (diesel SS) dual-fuel vessels, B100 is $99/mt more expensive than LBM, up $7/mt from the previous week.

Rotterdam’s fossil LNG is priced $102/mt below VLSFO for diesel SS engines, while Otto MS engines still face a $65/mt premium.

In Singapore, LNG’s premium over VLSFO has fallen to $51/mt for Otto MS engines and its discount has widened to $33/mt for diesel SS engines.

Liquid fuels

VLSFO prices in Rotterdam and Singapore have remained broadly steady in the past week. Rotterdam’s VLSFO benchmark has made a $6/mt decline, mostly tracking a $6/mt decline in the front-month ICE Brent Futures.

In contrast, Singapore’s VLSFO benchmark has inched up by $3/mt.

VLSFO delivery schedules in Singapore continue to vary significantly between suppliers. Some can deliver within five days, while others require advance bookings of up to three weeks. This represents a marginal improvement from last week’s wide range of seven days to four weeks.

Rotterdam’s B100 price has declined by $9/mt over the past week, with downward pressure coming from a $9/mt increase in Prima Markets’ assessed Dutch HBE rebate.

Bunker fuel supplier Burando Energies said it has delivered multiple B100 stems to Teekay Tankers vessels across the ARA region.

“The B100 supplied consisted entirely of residues originating from fatty acid methyl ester (FAME) production,” the company’s head of decarbonisation strategies, Nick de Haan told ENGINE. He advised lead times for this fuel at around 4-5 days.

Singapore’s B100 price has dropped by $14/mt over the past week.

Liquid gases

Rotterdam’s LNG price has fallen by $11/mt over the past week, while its LBM benchmark has dropped by $16/mt.

LNG is now priced $157–206/mt higher than LBM in Rotterdam, depending on a vessel’s engine type. VLSFO carries premiums of $141–259/mt over LBM in the port.

The theoretical FuelEU pooling benefit for vessels sailing between EU ports and selling surplus compliance from using Dutch-rebated LBM is estimated at $476-593/mt.

Singapore’s LNG bunker price has also edged down, declining by $4/mt over the past week.

By Konica Bhatt

 

Photo credit: ENGINE
Published: 29 July, 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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