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 LBM’s discount to B100 widens to $505/mt for vessels with low methane slip engines sailing between EU ports.
Rotterdam’s 0 gCO2e/MJ liquefied biomethane (LBM) benchmark has fallen by $11–13/mt in the past week, depending on a vessel’s methane slip. This has cut the effective cost of bunkering and consuming LBM on EU–EU voyages to $86–333/mt.
It has also bolstered LBM’s cost-competitiveness against other bunker fuels in the port.
LBM’s discounts to LNG in Rotterdam have widened by $17–18/mt to $567–576/mt over the past week.
For dual-fuel vessels, Rotterdam LBM’s discounts to LSMGO have widened by $22–24/mt to $648–894/mt. Its discounts to B100 have widened by $16–18/mt over the same period.
LBM is now $505/mt cheaper than B100 when bunkered on vessels with the lowest methane slip engines (diesel slow speed), and $259/mt cheaper for vessels with the highest methane slip engines (Otto medium speed) in Rotterdam.
Liquid fuels
Rotterdam’s VLSFO price has inched up by $5/mt, broadly tracking a $13/mt rise in front-month ICE Brent futures.
VLSFO availability in the ARA bunkering hub has remained tight for prompt deliveries, with buyers advised to book stems with a lead time of around eight days to secure broad coverage from suppliers, according to a trader.
Rotterdam’s B100 price has gained $6/mt over the past week. Its discounts to HSFO and VLSFO have narrowed by $9/mt and $1/mt to $166/mt and $225/mt, respectively, while its discount to LSMGO has widened by $6/mt to $389/mt.
Singapore’s VLSFO price has increased by $8/mt and its B100 price has edged up by a smaller $4/mt over the past week. Most suppliers have advised lead times of around 2–7 days for VLSFO in the port, compared with 4–6 days the week before.
B100 is now $258–469/mt more expensive than conventional fuels in Singapore. Its premiums over HSFO and LSMGO have risen by $1/mt and $12/mt, respectively, while its premium over VLSFO has narrowed by $3/mt to $387/mt.
Liquid gases
Estimated EU ETS cost for bunkering 0 gCO2e/MJ LBM in Rotterdam and consuming it between two EU ports has remained at $9/mt for dual-fuel vessels with diesel SS engines.
But for vessels with Otto MS engines, the cost has increased by a further $2/mt to $94/mt over the past week.
In Singapore, LNG is $48/mt more expensive than VLSFO for vessels with Otto MS engines, with the premium up by $8/mt over the past week. But it flips to a $71/mt discount to VLSFO for vessels with diesel SS engines.
For dual-fuel vessels, LNG is priced at $81–200/mt discounts to LSMGO in Singapore, depending on the vessel’s engine type and its methane slip profile.
By Konica Bhatt
Photo credit: ENGINE
Published: 13 January, 2026
