Mabux: Global Bunker Prices

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MARKET BUNKER PRICES (MBP)
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MABUX ARA LNG Bunker Index
Port LNG$/mton MGO LS$/mton Date
ARA
716.50
+9.00
720.00
+5.00
Feb 24
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Port	LNG$/mton	MGO LS$/mton	Date
ARA	716.50	+9.00	720.00	+5.00	Feb 24

MABUX Global Bunker Index

380HSFO$/mton		VLS FO$/mton		MGO LS$/mton		Date
453.75	+0.85	549.71	+2.54	814.57	+2.53	Feb 24

Click to see Regional Bunker Indexes

MABUX Market Differential Index (MDI)

Correlation between market bunker prices (MBP) and MABUX Digital Bunker Price Benchmark (DBP)

All Indexes in $/mton	380HSFO			VLS FO			MGO LS			Date
All Indexes in $/mton	MBP Index	DBP Index	MDI	MBP Index	DBP Index	MDI	MBP Index	DBP Index	MDI	Date
Rotterdam	425	457	-32	474	508	-34	720	763	-43	Feb 24
Singapore	440	454	-14	514	550	-36	711	756	-45	Feb 24
Fujairah	415	418	-3	505	540	-35	768	819	-51	Feb 24
Houston	389	427	-38	488	489	-1	695	771	-76	Feb 24

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Digital Bunker Prices
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Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
- World and regional Bunker indices
- Bunker Price Forecast for 40+ ports
- Digital Bunker Prices
MABUX for Industry
- API for integration with your application, custom solutions available upon demand
- Bunker market analyses upon request for required region or port
- Bunker Price seminars that allow to learn how to use MABUX tools for bunker business
- MABUX Open Bunker Directory features contact details of bunker suppliers, traders and brokers worldwide.
Latest News
- 2026-02-24
  Eni subsidiary launches HVO bunkering in Venice
  Italian energy firm Eni's subsidiary Enilive has started offering hydrotreated vegetable oil (HVO)-based biofuel for bunkering in Venice. The fuel will be produced at Eni’s Venice and Gela biorefineries using waste and food residues, the company said... Read more Italian energy firm Eni's subsidiary Enilive has started offering hydrotreated vegetable oil (HVO)-based biofuel for bunkering in Venice.
  
  The fuel will be produced at Eni’s Venice and Gela biorefineries using waste and food residues, the company said in a social media post.
  
  Enilive said it will offer “direct refuelling” option for ships, with deliveries carried out by barge.
  
  “With this next step, we continue to build an increasingly sustainable maritime transport network, one port at a time,” Enilive added. Source: ENGIИE
- 2026-02-24
  IMO to advance alternative fuels training requirements for seafarers at HTW 12 meeting
  The IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW 12) has opened in London today (23 February), with this week’s discussions expected to progress a review of the STCW Convention as well as interim training guidelines for seafarers... Read more
- 2026-02-24
  Peruvian supplier expands bunkering fleet with 4,000 mt tanker
  Callao-headquartered Famoil has informed ship.energy that it racked up record marine fuels sales volumes in 2025 and has also added a new barge to its bunkering fleet. Famoil’s General Manager Luis Goldenberg told ship.energy yesterday (23 February)... Read more
- 2026-02-24
  Germany’s BMT expands bunkering fleet
  Germany-based BMT Bunker und Mineralöltransport GmbH has informed ship.energy that it has added two new tankers to its bunkering infrastructure. Speaking to ship.energy today, BMT’s Andreas Mestermann said that the Fraua is a 1,500 metric tonne (mt)... Read more
- 2026-02-24
  Maritime software company SpecTec appoints new Head of People
  SpecTec, a provider of maritime asset management and ship management software, has appointed Joanne Thompson as its Head of People. The company’s software offerings aim to support vessel performance, compliance, procurement, maintenance, and fleet-wide... Read more
- 2026-02-24
  V. appointed by Silk Searoad for management of bulk and tanker fleet
  Greek shipowner Silk Searoad Maritime S.A has appointed V. to oversee the technical management of its fleet of five bulk carriers and three tankers. The vessels will be managed by V.’s office in Greece. Robert Desai, the CEO of V.Ships, said: ‘We... Read more
- 2026-02-24
  ETFuels’ Finnish e-methanol project secures €118.6 million funding
  e-fuel developer ETFuels was awarded an investment tax credit of up to €118.6 million from Business Finland for its Ranua Näätäaapa project, which is expected to produce 110 kilotonnes per annum (ktpa) of e-methanol from renewable hydrogen. The production... Read more
- 2026-02-24
  Oil rises to near seven-month high on US–Iran tensions, trade policy
  Oil prices rose on Tuesday, nearing seven-month highs, with traders assessing geopolitical risks ahead of another round of U.S.-Iran nuclear talks, while U.S. trade policy uncertainty added to broader concerns. Brent crude futures rose 59 cents, or 0.8%,... Read more Oil prices rose on Tuesday, nearing seven-month highs, with traders assessing geopolitical risks ahead of another round of U.S.-Iran nuclear talks, while U.S. trade policy uncertainty added to broader concerns.
  Brent crude futures rose 59 cents, or 0.8%, to $72.08 a barrel by 0424 GMT, while U.S. crude futures climbed 57 cents, or 0.9%, to $66.88 a barrel.
  Brent is trading at its highest since July 31, while WTI is at its firmest since August 1.
  "At this stage, geopolitics is clearly doing most of the heavy lifting for oil prices, with the current firmness largely driven by anticipation rather than actual supply loss," said Phillip Nova senior market analyst Priyanka Sachdeva.
  "The risk of possible military escalation in the Middle East is gaining traction, and thus, traders appear to hedge against worst-case scenarios."
  Iran and the U.S. will hold a third round of nuclear talks on Thursday in Geneva, Oman’s Foreign Minister Badr Albusaidi said on Sunday.
  The United States wants Iran to give up its nuclear programme, but Iran has adamantly refused, and denied it is trying to develop an atomic weapon.
  The State Department is pulling out non-essential government personnel and their families from the U.S. embassy in Beirut, a senior State Department official said on Monday, amid growing concerns about the risk of a military conflict with Iran.
  
  U.S. President Donald Trump said in a social media post on Monday that it will be a "very bad day" for Iran if it does not make a deal.
  "Crude oil remains at the very top of the $55–$66.50 trading range that has defined the past six months," Tony Sycamore, an IG market analyst, said in a note to clients.
  "A sustained break above the top of this range would open the way for further gains towards $70.00–$72.00. Conversely, signs of de-escalation would likely see a retracement back towards $61.00."
  On the trade policy front, Trump on Monday warned countries against backing away from recently negotiated trade deals with the U.S. after the Supreme Court struck down his emergency tariffs, saying that he would hit them with much higher duties under different trade laws.
  "... U.S. President Donald Trump created uncertainty for global growth and fuel demand with a new round of tariff hikes," UOB Bank analysts said in a client note.
  Trump said on Saturday he would raise a temporary tariff from 10% to 15% on U.S. imports from all countries, the maximum level allowed under the law. Source: Reuters/Investing.com
- 2026-02-24
  U.S. Energy Dominance Push Collides with EU Methane Rules
  Last week, U.S. Energy Secretary Chris Wright called on the International Energy Agency to stop fixating on climate change and instead return to its original focus on energy security. The call came in the context of plans by the U.S. federal government... Read more Last week, U.S. Energy Secretary Chris Wright called on the International Energy Agency to stop fixating on climate change and instead return to its original focus on energy security. The call came in the context of plans by the U.S. federal government to significantly increase the amount of oil and gas the country exports—plans for energy dominance. Europe is the top destination for these plans, and it may have to ditch its net-zero plans as well if it wants energy security.
  
  “We’ve gotten off track on energy ... it has gotten so ridiculously out of whack that it has driven deindustrialisation and made our countries geopolitically weaker,” Secretary Wright said during the IEA’s ministerial meeting last week. He also said that the IEA’s scenarios for the energy system of the future were unrealistic—something the U.S. has said before, prompting the IEA to bring back its Current Policies Scenario. The organization had previously abandoned that scenario—which reflects physical reality—in favor of the Net-Zero Scenario and the Stated Policies Scenario, all of which predict a significant and steep decline in the demand for hydrocarbons.
  
  This decline, however, has yet to materialize, including in top net-zero investing nations such as China, the UK, Germany, and other European countries that have prioritized emission reduction over economic growth. The European Union’s imports of liquefied natural gas specifically, are running at a record, and this record is about to be broken this year yet again. With the EU’s gas in stock at just 30%, demand for replenishment would be greater than in the last four years—and most of that gas will come from the United States. But there is a problem.
  
  In line with its focus on emission reduction, the European Union two years ago adopted a methane regulation aimed at reducing not only the EU’s own emissions of the greenhouse gas but also forcing countries outside the EU that do business with the bloc to cut their emissions as well. The regulation, starting this year, extends to all energy suppliers to the EU—and these suppliers are the opposite of happy about it.
  
  The United States emerged as the biggest supplier of liquefied gas to the EU after 2022. Indeed, to secure the energy dominance from his agenda, President Trump negotiated a trade deal with the EU’s Ursula von der Leyen that involved a commitment to buy $750 billion worth of U.S. energy commodities over three years. But that cannot happen with the methane directive, which imposes expensive methane emission tracking, monitoring, verifying, and reporting obligations on energy exporters to the EU.
  
  Qatar, which is the second-largest LNG supplier to the EU, complained about the direction several times, ultimately spelling it out: if the EU is so concerned about methane emissions, they should look for some other source of LNG because Qatar would stop selling to the bloc. The U.S. also warned the regulation was unwelcome, with Secretary Wright saying it was impossible to implement and describing it as “a critical non-tariff trade barrier that imposes an undue burden on U.S. exporters and our trade relationship.” The U.S. demanded an exemption from the regulation until 2035, but the EU’s energy commissioner took a tough stance, saying the regulation will remain in place for all—at least for the time being. Because energy security does matter more than net-zero plans.
  
  The European Union’s appetite for liquefied natural gas soared sharply after the decimation of the Russian pipeline supply. Despite all the net-zero plans of all the European governments, industries, and households still needed reliable energy—even as it became increasingly expensive, causing that deindustrialization that Secretary Wright has noted repeatedly as an unwelcome outcome of energy transition efforts. The cost of energy is already causing certain stirrings in political circles in Europe, with signals emerging that decision-makers may yield to pressure to bring costs down by lightening the emission regulation load—and helping the United States advance its energy dominance agenda.
  
  In addition to the methane directive, the EU central government would have to scrap two other directives as well if it wants to continue buying U.S. liquefied gas and crude oil. The corporate sustainability due diligence directive, or CCDDD, and the corporate sustainability reporting directive, or CSRD, both put a myriad of reporting requirements on companies from outside the EU, spanning issues from human rights abuse to, once again, emissions. The financial burden that these additional requirements would place on companies would not be met with any enthusiasm.
  
  Ultimately, it would be a choice between net zero and economic survival for the EU. The two have proven time and again to be not simply incompatible but at odds with each other, as noted by various U.S. officials and evidenced by growth trends in the U.S. and top European economies such as Germany and the UK. America’s top gas client would have to decide whether it wants to have functioning economies or net zero emissions, and America itself seems eager to force it to make the right decision. Source: Oilprice.com
- 2026-02-24
  Renewables Top 25% of U.S. Power as Coal’s Grip Collapses
  In 2025, the share of renewables in U.S. electricity generation has surpassed 25 percent. Over the course of the past 20 years, their share has continuously risen from just 8.6 percent in 2007. At the same time, as Statista's Kathraina Buchholz... Read more In 2025, the share of renewables in U.S. electricity generation has surpassed 25 percent.
  
  Over the course of the past 20 years, their share has continuously risen from just 8.6 percent in 2007.
  
  At the same time, as Statista's Kathraina Buchholz details in the infographic below, coal in electricity generation fell from a share of 49 percent to just 16.4 percent last year.
  
  Infographic: Renewables Now Make up 1/4 of U.S. Electricity Generation | Statista
  
  You will find more infographics at Statista
  
  While Trump administration's policies regarding renewable energy and greenhouse gases have yet to show their full effect, experts believe that the sector's strong growth as well as efficiency and cost improvements will cause it to expand further – albeit slower – despite some government funding losses and the end of emission limits.
  
  In 2022, more electricity was generated from renewable sources in the U.S. for the first time over the course of one year than from coal.
  
  That year, renewable energy sources created more than 900 terawatt-hours of electric power in the country compared to a little over 800 that came from coal.
  
  On a global scale, this change happened last year as renewables outweighed coal electricity generation in the second half of 2025.
  
  Up until 2007, coal accounted for more than 2,000 terawatt hours of electricity in the U.S. before the figure started to declined as regulations around fossil fuels - limits on carbon-intensity and the emissions of toxic elements like mercury - tightened. Electricity generation from natural gas gained pace as a result since it produces somewhat less CO2. To reach the emission goals associated with the net zero age, however, the U.S. would have to continue growing carbon-neutral electricity sources like wind and solar, which have been on a steady upwards climb in the new millennium and are now the second biggest source of electric power in the country.
  
  Looking not only at electricity but energy use as a whole, renewables have a longer way to go in the U.S. and globally.
  
  Here, renewable energy made up only 9 percent in 2023 as energy sources outside of electricity - most notably petroleum in the form of gasoline - are added to the mix. Source: Oilprice.com

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