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ENGINE on LNG Bunker Snapshot: Weak gas demand weighs on Singapore LNG bunker price

Singapore’s LNG bunker price premium over Rotterdam has narrowed by $13/mt on the week to $35/mt, as buying activity has slowed in the overall East Asian LNG market.

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Once a week, bunker intelligence platform ENGINE will publish a snapshot of LNG bunker prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

Singapore’s LNG bunker price premium over Rotterdam has narrowed by $13/mt on the week to $35/mt, as buying activity has slowed in the overall East Asian LNG market.

Weekly changes in LNG bunker prices:

  • Rotterdam up by $1/mt to $616/mt
  • Singapore down by $12/mt at $651/mt

Rotterdam

Rotterdam’s LNG bunker price has stabilised after falling for three weeks.

The front-month Dutch TTF Natural Gas contract has moved $0.10/MMBtu ($5/mt) higher in the past week. That upward pressure has been countered by a $0.10/MMBtu ($5/mt) drop in the assessed bunker delivery premium, which is now at $2.38/MMBtu ($124/mt).

TTF has been supported by a slowdown in LNG imports to northwest Europe and Italy, and mild weather for this time of the year, said ANZ’s Daniel Hynes.

The EU’s gas inventories are now less than 70% full, down from 72% a week ago, and down from nearly 79% at this time last year, according to Gas Infrastructure Europe.

Europe’s gas market is expected to become better supplied in the medium term, with increased export capacity coming online in the US, according to ING’s Warren Patterson. The EU will ban short-term contracts for LNG imports from Russia from April 2026, and long-term contracts from January 2027. These LNG imports make up about 13% of Europe’s total in the first 11 months of the year.

Pipeline gas imports from Russia are set to be phased out of the EU by September 2027, and ING’s Patterson expects US LNG to plug most of that supply gap.

Dutch LNG bunker demand has been strong recently, according to Kpler. The market intelligence firm said volumes rose by around 20,000 cbm from October to 87,000 cbm in November. TotalEnergies’ Gas Agility bunker vessel was particularly busy and doubled its delivered volumes from 15,000 cbm to 31,000 cbm. Shell’s LNG London also doubled its volumes, from 6,000 cbm to 12,000 cbm.

Singapore

Singapore’s LNG bunker price has declined again in the past week.

The price has shed $12/mt amid a similar-sized decline in the front-month NYMEX Japan/Korea Marker (JKM) contract. The bunker delivery premium came off slightly from $0.04/MMBtu ($2/mt) to $1.82/MMBtu ($95/mt).

JKM has dipped amid tepid LNG spot demand in Northeast Asia and plentiful supplies, said the Japan Organisation for Metals and Energy Security (JOCMEC). There was some buying from South Korea, but not enough for a price recovery. Japanese LNG stocks for power generation rose by 110,000 mt in the week to 7 December, when they measured 2.18 million mt.

Kpler estimates that 119,000 cbm of LNG was bunkered in Singapore in November, which was 13,000 cbm less than in October. There were 38 bunker stems delivered, a two-stem decline from October. Pavilion’s Brassavola and FueLNG’s Venosa supplied one fewer stem each. Only one bulk carrier received LNG in November, a sharp drop from eight in October.   

Other LNG bunker news

LNG supplier Axpo has delivered a first liquefied biomethane (LBM) stem in the Italian Port of Genoa, while Sinopec and Anhui Wanbo have delivered what they claim was China’s first LBM stem in Dalian.

ADNOC L&S has taken delivery of the fourth in a series of six LNG dual-fuel vessels, and Deltamarin got its design of an LNG bunker vessel approved by class societies.

LNG was also in the headlines in the US, where US shipbuilder Conrad Shipyard said it would explore building LNG bunker vessels with Samsung Heavy Industries.

By Erik Hoffmann

 

Photo credit and source: ENGINE
Published: 15 December, 2025

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Methanol

World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Operation involved the delivery of approximately 2,800 MT of green methanol to “Arctic Tern” via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel “M/V Hai Gang Zhi Yuan”.

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World Fuel and partners complete first green methanol bunkering of car carrier in Shanghai

Marine fuel provider World Fuel on Tuesday (21 July) said it successfully completed the first green methanol bunkering of M/V Arctic Tern, with EUKOR Car Carriers and SIPG Energy at the Port of Shanghai. 

Arctic Tern is the first vessel in the new Shaper Class series of car carriers. 

The operation involved the delivery of approximately 2,800 MT of green methanol to Arctic Tern via a ship-to-ship transfer using SIPG Energy’s dedicated methanol bunkering vessel M/V Hai Gang Zhi Yuan, the largest vessel of its kind in operation. 

The bunkering operation was carried out at Haitong Terminal, Waigaoqiao Port Area, Shanghai Port, with cargo handling operations conducted simultaneously during bunkering.

This marks EUKOR Car Carriers’ first green methanol operation and the first time Arctic Tern has bunkered methanol since its delivery on 9 July. The operation marked the first bunkering at Shanghai Port of green methanol produced locally in Shanghai for an international PCTC operator. 

It also demonstrated the city’s integrated green methanol value chain, spanning local production, storage and bunkering, and established a replicable “Shanghai Model” for green methanol supply.

World Fuel arranged the supply and delivery of the fuel on behalf of EUKOR Car Carriers, working with SIPG Energy as the physical supplier at the Port of Shanghai.

The green methanol supplied was produced from municipal solid waste, ISCC-EU certified, and had a carbon intensity value below 25 gCO₂e/MJ.

Arctic Tern is the first of fourteen Shaper Class vessels ordered by Wallenius Wilhelmsen. With a capacity of 9,300 car equivalent units and methanol dual-fuel capability, the vessel will be operated by EUKOR Car Carriers, jointly owned by Wallenius Wilhelmsen and Hyundai Motor Group. Following her first green methanol bunkering, Arctic Tern will continue her maiden voyage from Asia to Europe.

Xavier Leroi, COO Shipping Services at Wallenius Wilhelmsen and CEO of EUKOR Car Carriers, said: “Completing Arctic Tern’s first green methanol bunkering shortly after delivery is a significant milestone towards our decarbonisation ambition for both EUKOR Car Carriers and Wallenius Wilhelmsen. It demonstrates how investments in next-generation vessel technology and fuel flexibility are being translated into real-world operations. 

“This achievement reflects the strong collaboration between all parties involved. Together, we have shown how partnerships across the maritime value chain can help make lower-emission fuels available and operationally viable at scale.”

Mark Tamsitt, SVP Global Marine Sales at World Fuel, said, “The first bunkering event with a new fuel is a significant moment for any shipowner, and our role is to make it as seamless as possible. By connecting EUKOR Car Carriers with SIPG Energy’s proven green methanol capability at the Port of Shanghai, we were able to deliver on reliable supply, fuel quality, and safe processes. As more of our customers bring methanol dual-fuel tonnage into service, we are committed to being the partner that makes these kinds of operations routine.”

Mr. Zhang Da, General Manager of SIPG Energy, said, “Welcoming Arctic Tern to the Port of Shanghai for her first green methanol bunkering demonstrates the strength and maturity of our supply capability. Building on our well-established methanol ship-to-ship bunkering services for container vessels, we have already extended such services to pure car and truck carriers (PCTCs). This bunkering sets a new record for the largest single SIMOPs green methanol bunkering for PCTCs in China, marking another step in building Shanghai’s position as a global green energy hub for international shipping.”

This operation follows Wallenius Wilhelmsen’s announcement on 9 July that Arctic Tern would complete her first methanol bunkering shortly after delivery. The vessel entered service on routes between Asia and Europe immediately following handover from China Merchants Jinling Shipyard in Nanjing.

 

Photo credit: World Fuel
Published: 22 July, 2026

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Ammonia

HPA and MB Energy develop safety concept for STS ammonia bunkering

HPA says the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.

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HPA and MB Energy develop safety concept for STS ammonia bunkering

The Hamburg Port Authority (HPA) and integrated energy company MB Energy on Tuesday (21 July) said they have completed a comprehensive risk analysis and developed a dedicated safety concept for ship-to-ship ammonia bunkering.

MB Energy said the analysis lays the groundwork for the safe introduction of ammonia as a future marine fuel.

“With our planned ammonia import terminal in Hamburg-Blumensand, MB Energy intends to provide the reliable land side supply infrastructure needed to support this transition across northern German ports,” it said in a social media post. 

Mabanaft Group was renamed to MB Energy last year and merged over 50 existing brands under one identity. 

Separately, HPA said the Port of Hamburg will become “bunker ready” for ammonia, laying the groundwork for safe and reliable ammonia bunkering in the future.

“The focus is in particular on container ships, cruise ships as well as RoRo and ConRo (Container/RoRo) ships,” it said. 

“We expect ammonia to establish itself as an alternative marine marine fuel in the coming years. With our preparatory work, we are already creating the conditions to welcome the first ammonia-powered ships in Hamburg and to bunker them safely.:

HPA added that the import terminal for ammonia planned by MB Energy from 2029 will make a decisive contribution to ensuring the reliable availability of ammonia as a bunker fuel in northern German ports in the long term. 

“The use of an ammonia bunker barge is considered a possible addition to the landside infrastructure to enable ship bunkering in the port and beyond in the future,” it said.

Related: Mabanaft Group renames as MB Energy, merging over 50 brands under one identity

 

Photo credit: Hamburg Port Authority
Published: 22 July, 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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