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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: Rotterdam’s B100 and LBM discounts widen Potential pooling values for B100 and LBM rise again Singapore’s B100 discount to LSMGO widens FuelEU Maritime pooling values for B100 and liquefied biomethane (LBM) have clawed back some losses after falling by $106/mt and $147-172/mt, respectively, last week. OceanScore’s FuelEU pooling index has gained €17/mtCO2e ($20/mtCO2e) over the past week. The rebound has lifted B100’s potential pooling value by $46/mt to $650/mt. LBM’s potential pooling value has increased by $64–74/mt to $902–1,057/mt on EU-EU voyages, depending on engine type and methane slip. Sharp drops in Rotterdam’s B100 and LBM prices have widened discounts to conventional fuels. B100’s discount to LSMGO has widened by $116/mt, while LBM’s discount to LSMGO has widened by $95-105/mt. LBM’s discount to LNG has widened by $130/mt. Liquid fuels Rotterdam’s VLSFO price has remained mostly steady, gaining $4/mt over the week. HSFO and LSMGO benchmarks have gained $45/mt and $51/mt, respectively. Bunker fuel availability of VLSFO and HSFO has tightened in the ARA bunker hub, with buyers now advised to enquire around 10 days ahead to get good coverage from suppliers, a trader told ENGINE. Estimated lead times have doubled since last week. Suppliers are facing long loading delays at the terminals, the trader said. LSMGO deliveries need a shorter notice of around six days, the trader added. Rotterdam’s B100 price has dropped $65/mt. Its discount to VLSFO has widened by $69/mt to $328/mt, and its discount to LSMGO has widened by $116/mt to $695/mt. HSFO and VLSFO prices in Singapore have gained $23-59/mt, while LSMGO has jumped $115/mt over the week. Availability has tightened sharply across all grades
ENGINE on Fuel Switch Snapshot: FuelEU pooling values bounce back
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