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ENGINE on Fuel Switch Snapshot: LBM’s price edge strengthens in Rotterdam

Rotterdam LBM’s discount to B100 widens to $505/mt for vessels with low methane slip engines sailing between EU ports.

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ENGINE on Fuel Switch Snapshot: LBM’s price edge strengthens 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:

Rotterdam LBM’s discount to B100 widens to $505/mt for vessels with low methane slip engines sailing between EU ports.

Rotterdam’s 0 gCO2e/MJ liquefied biomethane (LBM) benchmark has fallen by $11–13/mt in the past week, depending on a vessel’s methane slip. This has cut the effective cost of bunkering and consuming LBM on EU–EU voyages to $86–333/mt.

It has also bolstered LBM’s cost-competitiveness against other bunker fuels in the port.

ENGINE on Fuel Switch Snapshot: LBM’s price edge strengthens in Rotterdam

LBM’s discounts to LNG in Rotterdam have widened by $17–18/mt to $567–576/mt over the past week.

For dual-fuel vessels, Rotterdam LBM’s discounts to LSMGO have widened by $22–24/mt to $648–894/mt. Its discounts to B100 have widened by $16–18/mt over the same period.

LBM is now $505/mt cheaper than B100 when bunkered on vessels with the lowest methane slip engines (diesel slow speed), and $259/mt cheaper for vessels with the highest methane slip engines (Otto medium speed) in Rotterdam.

Liquid fuels

Rotterdam’s VLSFO price has inched up by $5/mt, broadly tracking a $13/mt rise in front-month ICE Brent futures.

VLSFO availability in the ARA bunkering hub has remained tight for prompt deliveries, with buyers advised to book stems with a lead time of around eight days to secure broad coverage from suppliers, according to a trader.

Rotterdam’s B100 price has gained $6/mt over the past week. Its discounts to HSFO and VLSFO have narrowed by $9/mt and $1/mt to $166/mt and $225/mt, respectively, while its discount to LSMGO has widened by $6/mt to $389/mt.

Singapore’s VLSFO price has increased by $8/mt and its B100 price has edged up by a smaller $4/mt over the past week. Most suppliers have advised lead times of around 2–7 days for VLSFO in the port, compared with 4–6 days the week before.

B100 is now $258–469/mt more expensive than conventional fuels in Singapore. Its premiums over HSFO and LSMGO have risen by $1/mt and $12/mt, respectively, while its premium over VLSFO has narrowed by $3/mt to $387/mt.

Liquid gases

Estimated EU ETS cost for bunkering 0 gCO2e/MJ LBM in Rotterdam and consuming it between two EU ports has remained at $9/mt for dual-fuel vessels with diesel SS engines.

But for vessels with Otto MS engines, the cost has increased by a further $2/mt to $94/mt over the past week.

In Singapore, LNG is $48/mt more expensive than VLSFO for vessels with Otto MS engines, with the premium up by $8/mt over the past week. But it flips to a $71/mt discount to VLSFO for vessels with diesel SS engines.

For dual-fuel vessels, LNG is priced at $81–200/mt discounts to LSMGO in Singapore, depending on the vessel’s engine type and its methane slip profile.

By Konica Bhatt

 

Photo credit: ENGINE
Published: 13 January, 2026

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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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