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FUELS

Marine Fuel Markets

VLSFO / HSFO / MGO across Singapore, Rotterdam, Fujairah, Houston, Panama, Gibraltar and Zhoushan. Absolute bunker assessments are commercial — shown as source-intelligence cards. Free distillate proxies (clearly labelled as proxies) give directional read.

Data integrity note: real-time VLSFO/HSFO/MGO bunker prices by port are licensed commercial data (Platts, Argus, Ship & Bunker). This platform does not fabricate or scrape them. Below: (1) the live distillate/crude proxies we can source for free, clearly labelled as proxies, and (2) curated links to the authoritative bunker price sources.

Free distillate & product proxies

Directional only. A distillate proxy for MGO and a residual/heavy read — never presented as a marine bunker assessment.

EIA · LIVE

Port × product matrix

Absolute prices require a commercial feed (Tier-4 adapters ship ready). Until connected, each cell states the honest source requirement.

VLSFO · HSFO · MGO
PortRegionVLSFOHSFOMGO
SingaporeAsiaCommercial source requiredCommercial source requiredCommercial source required
RotterdamNW EuropeCommercial source requiredCommercial source requiredCommercial source required
FujairahMiddle EastCommercial source requiredCommercial source requiredCommercial source required
HoustonUS GulfCommercial source requiredCommercial source requiredCommercial source required
Panama (Balboa/Cristóbal)Central AmericaCommercial source requiredCommercial source requiredCommercial source required
GibraltarMedCommercial source requiredCommercial source requiredCommercial source required
ZhoushanChinaCommercial source requiredCommercial source requiredCommercial source required

7 ports × 3 grades · connect Argus/Platts (Tier-4) or license Ship & Bunker data to populate.

Authoritative bunker price sources

TIER 2
Daily VLSFO/HSFO/MGO by portFree page
Ship & Bunker

Daily bunker prices for ~20 ports incl. Singapore, Rotterdam, Fujairah, Houston, Gibraltar, Zhoushan.

How to read: Compare VLSFO across hubs for the cheapest stem; watch the VLSFO–HSFO scrubber spread.

MDO/IFO indices & port pricesFree page
Bunker Index

Regional bunker indices and port-level prices.

How to read: Use the index as a directional regional gauge.

Bunkerwire assessmentsSubscription
S&P Global Platts

Benchmark marine fuel assessments (the desk standard).

How to read: Platts/Argus assessments are what physical and paper contracts price against.

The three grades, explained

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VLSFO

What: Very Low Sulphur Fuel Oil (≤0.50% sulphur), the default marine fuel since the 2020 IMO global sulphur cap.

Why: It's the single biggest variable cost for most ships. The Singapore VLSFO print is the de-facto global bunker benchmark.

How traders use it: A trader compares VLSFO across hubs to pick the cheapest stem and watches it against HSFO and MGO to judge blending and scrubber economics.

HSFO

What: High Sulphur Fuel Oil (3.5% S). Only legal to burn at sea with an exhaust-gas scrubber installed.

Why: Cheaper than VLSFO; the saving (the 'scrubber spread') is what repays a scrubber investment.

How traders use it: Owners with scrubbers track the VLSFO–HSFO spread to value their fuel advantage; a wide spread means scrubbers pay back fast.

MGO

What: Marine Gas Oil — a cleaner distillate (~0.1% S) used in Emission Control Areas and auxiliary engines.

Why: Most expensive common marine fuel; mandatory in ECAs (e.g. US/EU coasts), so it drives cost on those legs.

How traders use it: Traders budget MGO for ECA transits and hedge it via ICE gasoil, the closest liquid derivative.