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Alternative Fuels

ENGINE on Fuel Switch Snapshot: FuelEU pooling values fall for B100 and LBM

B100 and LBM pooling values tumble by $100–175/mt; Dutch ZRE A tickets decline €10/mtCO2e; Singapore B100 flips back to discount to LSMGO.

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ENGINE on Fuel Switch Snapshot: FuelEU pooling values fall for B100 and LBM

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 and LBM pooling values tumble by $100–175/mt
  • Dutch ZRE A tickets decline €10/mtCO2e
  • Singapore B100 flips back to discount to LSMGO

ENGINE-assessed FuelEU Maritime pooling values for B100 and liquefied biomethane (LBM) on EU-EU voyages have fallen sharply over the past week.

OceanScore’s FuelEU Pooling Index has declined by €32/mtCO2e ($37/mtCO2e) over the same period.

The drop has reduced B100’s potential pooling value by $107/mt to $531/mt. LBM’s potential pooling value has fallen by an even greater $149–174/mt to $737–864/mt, depending on engine type and methane slip.

Lower pooling values have also weakened the fuels’ overall affordability against some conventional fuels on EU-EU voyages.

B100’s discount to HSFO in Rotterdam has narrowed by $46/mt to just $1/mt, and its discount to VLSFO has narrowed by $45/mt to $104/mt. But its discount to LSMGO has widened slightly by $4/mt to $432/mt, following a sharp increase in LSMGO prices.

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LBM’s discounts to LSMGO have narrowed by $92–122/mt to $667–865/mt, while its discounts to LNG have narrowed by $129/mt to $415–422/mt over the past week.

Meanwhile in Singapore, B100 has flipped to a $79/mt discount to LSMGO for EU-nonEU voyages, after briefly rising to a $44/mt premium over LSMGO the week prior.

Liquid fuels

Rotterdam’s HSFO and VLSFO prices have risen by $9-10/mt over the past week. A $24/mt increase in front-month ICE Brent futures has supported bunker prices, but a $15/mt decline in EU ETS costs has capped further gains.

Rotterdam’s B100 price has climbed by $54/mt during the same period. A €10/mtCO2e drop in Dutch ZRE A ticket prices has added some upward pressure to B100 prices.

Singapore’s VLSFO price has increased by $16/mt, while its LSMGO price has shot up by $101/mt over the past week. In contrast, the port’s B100 price has fallen by $22/mt during the same period.

Liquid gases

Rotterdam’s LNG bunker prices have risen by $22–51/mt over the past week. $16–17/mt increases in estimated EU ETS costs for LNG, combined with $1–26/mt reductions in FuelEU pooling values, have added upward pressure to prices. The impact of lower pooling values has been greatest for vessels fitted with low-methane-slip diesel slow speed engines.

The port’s LBM prices have increased by even steeper $151–180/mt, depending on engine type.

Singapore’s LNG prices have risen by $21–36/mt over the past week.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 9 June, 2026

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Alternative Fuels

Maersk advances ethanol fuel trials with larger-scale Rotterdam bunkering

Its first dual‑fuel vessel, “Laura Maersk”, is operating on 100% ethanol for the second time after being supplied through a larger-scale delivery by barge.

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Shipping giant A.P. Moller – Maersk (Maersk) on Friday (5 June) said a new milestone in its marine fuel trials, with its dual-fuel feeder vessel Laura Maersk successfully operating on 100% ethanol for a second time.

The latest trial marked a significant step forward from earlier tests, as the vessel was supplied through a larger-scale bunkering operation conducted by barge in Rotterdam.

“The bunkering, which took place in Rotterdam, involved larger‑scale delivery by barge, allowing us to test operational handling, supply chains and procedures closer to real‑world conditions than in earlier, smaller‑scale trials,” it said. 

The company said ethanol is one of several pathways being explored as it works to diversify its low‑emission portfolio. 

“With a growing dual‑fuel fleet, we continue to learn and to build flexibility and optionality by testing different solutions,” Maersk added. 

 

Photo credit: A.P. Moller – Maersk
Published: 9 June, 2026

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LNG Bunkering

China: CNOOC achieves over 200,000 m3 of bonded LNG bunkering volume in 2026 so far

CNOOC’s two LNG bunkering vessels have completed 138 LNG bunkering operations since their commissioning, serving 138 international vessels and bunkering over 770,000 m3 of LNG.

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China: CNOOC achieves over 200,000 m3 of bonded LNG bunkering volume in 2026 so far

CNOOC Gas and Power Group on Thursday (4 June) said its bonded LNG bunkering volume has exceeded 200,000 cubic metres (m³) so far this year.

CNOOC’s two LNG bunkering vessels have completed 138 LNG bunkering operations since their commissioning, serving 138 international vessels and bunkering over 770,000 m³ of LNG.

The company has the world’s largest LNG bunkering and transport vessel, Hai Yang Shi You 301, and China’s first LNG transport and bunkering vessel capable of operating in both river and sea all year round, Hai Yang Shi You 302

The firm added that it has achieved milestones in both terminal bunkering and anchorage bunkering modes.

CNOOC Gas and Power Group said bonded LNG bunkering at anchorages offers better compatibility with international shipping schedules and enables on-demand bunkering, offering significant advantages in terms of space allocation, cost control, resource utilisation, and operational efficiency.

On 20 May, the Hai Yang Shi You 301 successfully refuelled two international vessels with LNG at the South Cheung Chau Anchorage in Hong Kong, marking a new stage in Hong Kong’s LNG bunkering operations.

CNOOC said it is continuing to expand its LNG bunkering operations, building an LNG bunkering network in ports including Shenzhen, Ningbo, Guangzhou, Hong Kong, Xiamen and other places.

 

Photo credit: CNOOC Gas and Power Group
Published: 8 June, 2026

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Alternative Fuels

Seascale Energy and LR Advisory team up on low-carbon bunker fuels and decarbonisation

Bunker procurement firm entered into a strategic knowledge partnership with LR Advisory, focused on low-carbon fuels, FuelEU Maritime, EU ETS and IMO decarbonisation measures.

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Seascale Energy and LR Advisory team up on low-carbon bunker fuels and decarbonisation

Seascale Energy, a bunker procurement joint venture of Cargill’s Pure Marine Fuels and Hafnia’s Bunker Alliance, on Thursday (4 June) said it is continuing to strengthen its decarbonisation capabilities in response to the rapidly evolving fuel and regulatory landscape shaping global shipping.

Since its launch in May 2025, Seascale has facilitated several fuel transactions involving LNG, biofuels across various blends and green methanol demonstrating its ability to support customers beyond conventional bunker procurement, and also with emerging low- and zero-carbon fuel solutions.

To further reinforce this expertise, Seascale has entered into a strategic knowledge partnership with Lloyd’s Register Advisory (LR Advisory), focused on low-carbon fuels, FuelEU Maritime, EU ETS, IMO decarbonisation measures and the practical commercial implications of the energy transition.

As part of the first phase of the collaboration, LR Advisory recently delivered two dedicated training workshops for global Seascale teams across in both Europe and Asia, bringing together commercial and operational colleagues in both Geneva and Singapore.

The sessions focused on the evolving regulatory framework, biofuels as marine fuels, FuelEU pooling strategies, chain-of-custody requirements, emissions accounting and future fuel readiness.

The workshops also explored the realities of sourcing and managing alternative fuels, including compliance documentation, lifecycle emissions reporting and commercial risk considerations associated with biofuel adoption and emerging fuel markets. Particular attention was given to the growing importance of FuelEU Maritime and EU ETS in shaping procurement strategies and voyage economics.

The collaboration forms part of Seascale’s broader ambition to provide its members with credible, technically grounded guidance as maritime faces increasingly complex environmental regulations and fuel pathways.

Looking ahead, Seascale and Lloyd’s Register Advisory are exploring opportunities to extend elements of this knowledge-sharing initiative externally through dedicated client webinars and market-focused sessions. The objective is to help customers better understand the operational, commercial and regulatory implications of the maritime energy transition while supporting informed fuel procurement and compliance strategies.

Separately, Seascale Energy and Lloyd’s Register are also collaborating on the Bunkering Services Initiative (BSI), a technology-enabled, independently audited framework that promotes transparency in the Amsterdam-Rotterdam-Antwerp (ARA) region.

Related: Singapore-based Hafnia and Cargill launch bunker procurement JV Seascale Energy
Related: Seascale Energy procures green methanol bunker fuel for bulker “Brave Pioneer”

 

Photo credit: Seascale Energy
Published: 8 June, 2026

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