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Bunker Fuel

ENGINE on Fuel Switch Snapshot: Pooling drop reshuffles fuel economics

Singapore B100 back to discount to LSMGO; LBM $4/mt costlier than B100 for vessels with Otto MS engines; LBM at $16-182/mt premiums over HSFO.

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ENGINE on Fuel Switch Snapshot: Pooling drop reshuffles fuel economics

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:

17 August 2026

  • Singapore B100 back to discount to LSMGO
  • LBM $4/mt costlier than B100 for vessels with Otto MS engines
  • LBM at $16-182/mt premiums over HSFO

B100 and liquefied biomethane (LBM) remain cheaper than LSMGO in Rotterdam, and B100 does so in Singapore too. But weaker pooling economics have reduced their competitiveness against other conventional fuels, eroding their appeal as the most affordable alternatives with EU regulatory benefits.

A €12.85/mtCO2e ($15/mtCO2e) weekly drop to €118.90/mtCO2e ($138/mtCO2e) in OceanScore’s FuelEU pooling index has reduced the pooling benefits for B100 and LBM.

ENGINE-assessed FuelEU Maritime pooling values for B100 have fallen by $39/mt for EU-EU voyages and $19/mt for EU-nonEU voyages over the past week.

B100’s discount to LSMGO in Rotterdam has widened by $8/mt to $461/mt, while in Singapore the fuel has flipped from a $10/mt premium to a $31/mt discount.

Against VLSFO, however, B100 has become less competitive in both ports. Its premiums have widened by $5/mt to $52/mt in Rotterdam and by $61/mt to $322/mt in Singapore over the same period.

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LBM has followed a similar pattern. Its pooling values on EU-EU voyages have fallen by $54-63/mt over the past week.

For dual-fuel shipowners, LBM remains cheaper than LSMGO, although the spread has narrowed by $99-108/mt to $458-624/mt.

Against other conventional fuels, the economics are less favourable. LBM has flipped from a $57/mt discount to VLSFO to a $56/mt premium for vessels with Otto medium-speed (Otto MS) engines. For vessels with diesel slow-speed (diesel SS) engines, LBM holds a discount to VLSFO, but this has narrowed by $121/mt to $110/mt.

LBM is also more expensive than HSFO in Rotterdam, priced at a $182/mt premium for vessels with Otto MS engines and a $16/mt premium for those with diesel SS engines.

It has flipped from a $103/mt discount to a $4/mt premium over B100 for vessels with Otto MS engines, although the two fuels typically cater to different vessel types and are not directly comparable.

Liquid fuels

Rotterdam’s conventional fuel prices have gained $15-28/mt over the past week. The port’s B100 price has risen by $20/mt.

Conventional marine fuel availability is tight for prompt supplies in the ARA, with buyers advised lead times of 5-7 days to get good coverage from suppliers, a trader said.

Singapore’s HSFO and LSMGO prices have gained $34/mt and $69/mt respectively, while VLSFO has declined by $33/mt.

VLSFO’s decline came despite ICE Brent futures gaining $4.66/bbl ($34/mt) to $89.05/bbl ($653/mt) over the same period. B100 in Singapore has surged by $28/mt.

VLSFO availability in Singapore remains tight, and suppliers recommend lead times of 12-21 days. HSFO is also tight, with recommended lead times of 12-21 days, while LSMGO lead times range from 4-12 days.

Liquid gases

Rotterdam’s LNG prices have gained $68-77/mt, depending on engine type, and LBM prices have shot up by an even greater $127-136/mt.

LBM’s discount to LNG in Rotterdam has narrowed by $59/mt to $241-249/mt over the past week.

Singapore’s LNG prices have inched up by $2-6/mt over the same period.

By Konica Bhatt

 

Photo credit and source: ENGINE
Published: 18 August, 2026

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LNG Bunkering

Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres.

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Singapore: Eastern Pacific Shipping hits 700 LNG bunkering milestone

Singapore-based shipping firm Eastern Pacific Shipping (EPS) on Monday (17 August) said the company has successfully completed its 700th LNG bunkering operation, carried out for vehicle carrier Lake Victoria in Emden, Germany.

Since commencing LNG bunkering operations in November 2020, the company said it has completed a total LNG bunkering volume of 2,920,191 cubic metres (m3).

“Reaching 700 LNG bunkering operations reflects not only the scale of our investment in alternative-fuel capabilities, but also the experience, coordination and commitment of our teams at sea and ashore,” EPS said in a social media post. 

“As we continue to grow and diversify our fleet, every operation adds to the practical experience needed to support shipping’s energy transition.”

Manifold Times previously reported the company completed a total of 530 LNG bunkering operations with over 2.4 million m3 of LNG bunkered, from the start of recorded data to 31 Dec 2025. 

In its 2026 ESG Report, EPS said its fleet is among the largest dual-fuel fleets in the industry, with over 170 vessels designed to operate on alternative fuels.

In 2025, 25% of the fuel consumed by EPS fleet were alternative marine fuels, including LNG, LPG, ethane, and biofuels.

Related: 2026 ESG Report: Singapore-based EPS completes 530 LNG bunkering operations

 

Photo credit: Eastern Pacific Shipping
Published: 18 August, 2026

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LNG Bunkering

Yang Ming dual-fuel vessel completes first SIMOPS LNG bunkering operation in Shanghai

“YM Willpower” successfully received around 2,000 mt of LNG alongside active cargo handling, significantly enhancing operational efficiency during the port call.

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Yang Ming dual-fuel vessel completes first SIMOPS LNG bunkering operation in Shanghai

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) on Monday (17 August) said its 15,500 TEU LNG dual-fuel vessel, YM Willpower, successfully completed its first-ever LNG bunkering operation via SIMOPS (Simultaneous Operations) at the Port of Shanghai.

Through close collaboration with Shanghai International Port (Group) and SIPG Energy Shanghai, the vessel successfully received around 2,000 metric tonnes (mt) of LNG alongside active cargo handling, significantly enhancing operational efficiency during the port call.  

With LNG dual-fuel technology, the company said it is continuing to expand alternative-fuel bunkering capabilities, enhance operational flexibility and efficiency and advance lower-carbon shipping solutions.  

Manifold Times previously reported YM Willpower completing its first bunkering operation in Singapore.

In 2026, Yang Ming will progressively introduce newly built 15,500 TEU class container vessels primarily fueled by liquefied natural gas (LNG) into its operating fleet. 

The lead vessel, YM Willpower, completed partial LNG bunkering at the shipyard prior to delivery and was officially deployed on 8 February into Yang Ming’s Far East–Mediterranean MD2 service. 

Related: Yang Ming’s new boxship completes first LNG bunkering operation in Singapore

 

Photo credit: Yang Ming Marine Transport Corporation
Published: 18 August, 2026

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Methanol

Fratelli Cosulich launches methanol-ready bunker tanker in China

Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, “Carlotta Cosulich” combines operational flexibility with future-fuel readiness.

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Fratelli Cosulich launches methanol-ready bunker tanker in China

Genoa-based marine fuel supplier Fratelli Cosulich on Monday (17 August) announced the launch of its new methanol-ready bunker IMO II tanker, Carlotta Cosulich.

The launch of Carlotta Cosulich, the third of four sister vessels, took place at Taizhou Maple Leaf Shipyard in China, bringing together the project team, partners and stakeholders.

Silvia Bordon, General Manager, served as the vessel’s godmother during the ceremony.

“Designed with MarineLINE-coated cargo tanks and methanol readiness from the outset, Carlotta Cosulich combines operational flexibility with future-fuel readiness,” the company said in a statement. 

Equipped with a five-tonne cargo crane and dedicated arrangements for Single Point Mooring (SPM) operations further enhances her versatility across a wider range of bunkering operations.

“Following the successful delivery of her two sister vessels, she brings us one step closer to completing this four-vessel programme and reinforces Fratelli Cosulich Group’s commitment to safety, innovation, sustainability and operational excellence,” the company added.

 

Photo credit: Fratelli Cosulich
Published: 18 August, 2026

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