Fuel Switch Snapshot: FuelEU pooling values fall for B100 and LBM in International Shipping News 09/06/2026 All bunker prices described in the text below have been adjusted for calorific content to make them VLSFO-equivalent. They have estimated EU-EU voyage compliance costs included for Rotterdam, and nonEU-EU compliance costs included for Singapore. These account for EU ETS costs and FuelEU Maritime penalties, and the average price of compliance surpluses we have picked up from the FuelEU pooling market from the past week. ENGINE-assessed FuelEU Maritime pooling values for B100 and liquefied biomethane (LBM) on EU-EU voyages have fallen sharply over the past week. OceanScore’s FuelEU Pooling Index has declined by €32/mtCO2e ($37/mtCO2e) over the same period. The drop has reduced B100’s potential pooling value by $107/mt to $531/mt. LBM’s potential pooling value has fallen by an even greater $149–174/mt to $737–864/mt, depending on engine type and methane slip. Lower pooling values have also weakened the fuels’ overall affordability against some conventional fuels on EU-EU voyages. B100’s discount to HSFO in Rotterdam has narrowed by $46/mt to just $1/mt, and its discount to VLSFO has narrowed by $45/mt to $104/mt. But its discount to LSMGO has widened slightly by $4/mt to $432/mt, following a sharp increase in LSMGO prices. LBM’s discounts to LSMGO have narrowed by $92–122/mt to $667–865/mt, while its discounts to LNG have narrowed by $129/mt to $415–422/mt over the past week. Meanwhile in Singapore, B100 has flipped to a $79/mt discount to LSMGO for EU-nonEU voyages, after briefly rising to a $44/mt premium over LSMGO the week prior. Liquid fuels Rotterdam’s HSFO and VLSFO prices have risen by $9-10/mt over the past week. A $24/mt increase in front-month ICE Brent futures has supported bunker prices, but a $15/mt decline in EU ETS costs has capped further gains. Rotterdam’s B100 price has climbed by $54/mt during the same period. A €10/mtCO2e drop in Dutch ZRE A