Global Marine Fuels Report

Key Marine Fuel Prices, News & Commentary for Asia, Mideast, Europe and the Americas

Monitor key bunker fuel prices and related global shipping markets.

New ship emission regulations result in costly operational changes for refiners and ship owners and operators. Commonly referred to as IMO 2020, new ship emission regulations issued by the International Maritime Organization require vessels use lower-sulfur bunkering fuel effective January 1, 2020. This means a new, lower sulfur fuel oil must be created, plus prices for low sulfur product will likely rise as demand will be high and supply low.

Why? The timeline between now and 2020 is considered too short to build the number of process units needed to convert high-sulfur fuel oil to the new 0.5% spec. So, a new fuel must be created – 0.5% very-low sulfur fuel oil (VLSFO). Additionally, the price for lower sulfur material is expected to be much higher than high-sulfur fuel because of limited supply and high demand.

You can find an indicative price for this new 0.5% very-low sulfur fuel oil (VLSFO) in the Global Marine Fuels Report. This report also provides assessed prices of currently used high-sulfur bunkering fuels in the most important ports around the world. Easily track cargo and bulk fuel prices for Asia, Mideast, Europe and the Americas with this concise report filled with at-a-glance tables and charts.

Download an issue of the Global Marine Fuels Report and see for yourself. Then begin your free 30-day trial and receive a daily file via email at the end of each business day.

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Key Report Features & Benefits

  • This report is a “one-stop shop” for key marine fuel prices in the most important regions, presented with handy tables, charts and graphs for at-a-glance reading. Get the pricing information you need to take quick action.
  •  In Asia, prices for 0.5% VLSFO, 380 CST HSFO, and MGO are reported for the key ports of Singapore and Fujairah.
  •  In Europe, you’ll find 0.5% VLSFO, HSFO, and DMA prices out of essential Rotterdam.
  •  In the Americas, prices for all the above products plus LT cycle oil and LNG in Houston, New York Harbor, Gulf Coast and several other ports.
  • BTU Indicator: Plan the most cost-effective fuel purchase by calculating the energy content in the new 0.5% VLSFO compared to your previous bunker fuel.
  • Evaluate compliance options, source fuel and make cost-effective operating decisions. This report is beneficial for ship owners and operators, refiners, bunker fuel buyers, procurement mangers, traders, brokers, and professionals at integrated fuel companies and marine departments.
  • Budget friendly. Pare down the data you receive to the most important prices and ports needed to monitor the transitioning marine fuel market.
  • Trust OPIS price assessments because they are based on transactional data that occurs over the course of the entire trading day. Indicative prices for 0.5% VLSFO are based on a formula that relies on price assessments calculated on a full day’s trading. And when the new fuel spec starts trading, OPIS will report on its true market value as we do with all other fuel prices we report.
  • Easily get answers to your questions because every report issue includes contact information for our market editors. Help is only an email or phone call away.
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