16 Dec 2024 | 12:30 UTC

Interactive: Platts global bunker fuel cost calculator

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(Latest update Dec. 16, 2024)

The Platts global bunker fuel cost calculator shows how Platts price assessments for methanol, ammonia, LNG, bioblends and conventional oil-based fuels can be used to calculate the cost of marine fuels around the world, taking into account the EU Emissions Trading System and adjusted for energy density to put them on an equal footing.

Click here to explore in full-screen mode.

Methanol blend

Shipping firms are struggling to acquire sustainable methanol due to its scarcity, and some industry participants suggest blending the green fuel with existing gray methanol could alleviate the shortage for now. The Platts sustainable-gray methanol price slider uses the month average prices of delivered sustainable methanol bunker and FOB gray methanol in the US Gulf plus logistics cost to show a representation of the blended price of marine methanol.

Biofuel blend

Bioblends are emerging as the top choice as an alternative marine fuel for conventional ships as regulators introduce new rules to lower greenhouse gas emissions from shipping. The Platts UCOME-VLSFO price slider uses the month average prices of FOB Straits used cooking oil methyl ester plus logistics cost and delivered 0.5%S marine fuel oil to show a representation of the blended price of biobunker fuels.

Further reading:
GLOBAL LOW-CARBON MARINE FUELS: Key Market Indicators (subscriber content)
Singapore's biobunker sales fall 16.8% MOM in November (subscriber content)