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:
2 February 2026
- B100 discounts shrink by $77–97/mt in Rotterdam
- Rotterdam LBM price drops against B100
- Singapore B100 premium over HSFO crosses $500/mt
Rotterdam’s B30-LSMGO price has fallen by $37/mt, while its LSMGO price has declined by a sharper $46/mt over the past week. The B30-LSMGO benchmark’s discount to pure LSMGO has narrowed by $9/mt to $125/mt.
Over the same period, Rotterdam’s B100 price has risen by $52/mt. B30-LSMGO is now $232/mt more expensive than B100, marking a sharp $90/mt contraction in its premium week on the week.
All three prices are expressed as VLSFO-equivalents and adjusted for EU regulations, making them directly comparable. The fuels are also compliant with the 0.10% sulphur limit in European Emission Control Areas (ECAs).
Ships bunkering B30-VLSFO in Rotterdam and burning it on a voyage to a nonEU port will incur overall costs of $558/mt. This is $23/mt less than pure VLSFO and $351/mt less than B100 for the same voyage.
B100’s discounts to conventional fuel grades have narrowed by $77–97/mt over the week, to $139–359/mt for EU-EU voyages.
Rotterdam’s B100 is $154-375/mt cheaper than the port’s LNG, depending on a vessel’s LNG engine type. But the discounts have narrowed by $65-68/mt over the past week.
Liquid fuels
Rotterdam’s HSFO, VLSFO and LSMGO prices have declined by $26/mt, $37/mt and $46/mt, respectively, over the past week.
Its B100 (POMEME) price has risen by $52/mt in the same period. The B100 price has gone up despite a $17/mtB100 increase in the estimated value of Dutch ZRE A tickets. This ZRE A value is now estimated at $572/mtB100.
ENGINE’s assessed FuelEU Maritime pooling value for B100 on EU-EU voyages has edged up by $2/mt on the week, to $671/mt.
In Singapore, HSFO and LSMGO prices have risen by $16/mt and $8/mt, respectively, while VLSFO has declined by $14/mt. Singapore’s B100 price has jumped $55/mt higher.
Singapore’s B100 premiums over conventional fuel grades have increased by $39-69/mt to $327–524/mt for voyages between Singapore and EU ports.
Liquid gases
Rotterdam’s LNG price has fallen by $17/mt over the past week for vessels with Otto medium speed (Otto MS) engines sailing between EU ports, largely tracking a $16/mt reduction in the EU ETS cost.
Over the same period, Rotterdam’s 0 gCO2e/MJ liquefied biomethane (LBM) price for the same engine type has edged up by $5/mt.
The higher default methane slip from these Otto MS engines started getting penalised heavily in the EU ETS regulation from this year. This brings Rotterdam’s LNG to a $515/mt premium over LBM for vessels with the same engine, and a $375/mt premium over B100.
For vessels with diesel slow speed (diesel SS) engines, Rotterdam’s LNG has declined by $14/mt, closely aligning with a $12/mt drop in the EU ETS cost over the week. The LBM price for vessels with this engine type has increased by $8/mt.
Vessels with diesel SS engines have lower default methane slips. LNG bunkered in Rotterdam on these vessels costs $522/mt more than LBM and $154/mt more than B100 on EU-EU voyages.
LBM’s discounts to B100 in Rotterdam have widened by $42-44/mt in the past week, to $140-368/mt.
In Singapore, LNG bunker prices have increased by $15–17/mt, depending on the vessel’s engine type and its default methane slips.
By Konica Bhatt
Photo credit: ENGINE
Published: 3 February, 2026
