ENGINE on Fuel Switch Snapshot: Bunkering B100 becomes cheaper in Rotterdam

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:

10 November 2025

• Rotterdam B100 almost $400/mt below LSMGO
• Bio-bunker premiums narrow in Singapore
• FuelEU pooling values for B100 and LBM rise

Rotterdam’s B100 discounts to HSFO and VLSFO have widened by $16/mt and $22/mt over the past week, taking them to $154/mt and $173/mt, respectively.

B100 now stands at a $398/mt discount to LSMGO in Rotterdam, after a $35/mt increase in the LSMGO price widened the spread by $27/mt on the week.

The deeper discounts have sweetened the theoretical advantage for vessels sailing between EU ports and generating compliance surpluses from using B100.

The ENGINE-assessed pooling value for bunkering B100 in Rotterdam has risen to $768/mt, up $59/mt on the week.

Meanwhile, Singapore’s bio-bunker premiums over conventional fuels have eased.

B100 now holds $498/mt and $416/mt premiums over HSFO and VLSFO, respectively, down by $36/mt and $46/mt on the week. Its premium over LSMGO has narrowed by $48/mt to $197/mt.

Liquefied biomethane’s (LBM) discount to VLSFO in Rotterdam has widened by $26–27/mt over the past week, to $138–280/mt, depending on engine type and methane slip.

LBM’s theoretical pooling value has edged $3–4/mt higher, with Rotterdam’s LBM now estimated to generate $671/mt in an Otto medium speed (Otto MS) engine, and $812/mt in a diesel slow speed (diesel SS) engine – which has a lower default methane slipin FuelEU Maritime.

Liquid fuels

LSMGO prices have continued to rise in Rotterdam (+$35/mt) and Singapore (+$18/mt) over the past week.

So far this month, LSMGO has climbed $75/mt higher in Rotterdam and $39/mt higher in Singapore, supported by stronger diesel prices amid renewed Western sanctions targeting Russia’s shadow fleet and third-party oil buyers.

VLSFO prices have also increased over the week, by $30/mt in Rotterdam and $16/mt in Singapore. Meanwhile,

Rotterdam’s B100 price has edged up by $8/mt, mostly supported by higher POMEME and UCOME barge prices and a $35/mt decline in Dutch HBE rebates. POMEME’s premium over ARA UCOME barges widened to $80/mt last Friday.

In contrast, Singapore’s B100 price has fallen by $30/mt over the past week.

Liquid gases

Rotterdam’s LNG price has gained $29–30/mt on the week, while Singapore’s LNG price has gained by $12/mt.

LNG is currently priced at $31/mt and $41/mt premiums over VLSFO in Rotterdam and Singapore when consumed in an Otto MS engine. But when the LNG is consumed in diesel SS engines, its price flips to a whopping $108/mt discount to VLSFO in Rotterdam, and a smaller $28/mt discount in Singapore.

Rotterdam’s LNG has risen $26/mt against LBM in the past week. It now holds a $171–175/mt premium over LBM, depending on vessel engine type and its methane slip.

By Konica Bhatt

Photo credit: ENGINE
Published: 11 November, 2025