{
  "id": 14290139,
  "title": "Fuel Switch Snapshot: Pooling slump erodes LBM’s compliance edge",
  "url": "https://urgent.news/2026/10/13/fuel-switch-snapshot-pooling-slump-erodes-lbms-compliance-edge",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T21:00:47.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/fuel-switch-snapshot-pooling-slump-erodes-lbms-compliance-edge/"
  },
  "original_language": "en",
  "account": "Fuel switching compliance costs have eroded LBM's competitive edge, according to ENGINE's latest fuel market snapshot. LBM's potential pooling values for EU-EU voyages dropped by $74-87/mt, while B100's potential pooling value for the same voyages fell by $72/mt. Non-EU-EU voyage prices saw a smaller $36/mt reduction in B100's potential pooling value, leading to a $30/mt spike in B100 prices in Singapore over the past week. The decline in FuelEU pooling values continues a downward trend flagged by OceanScore in September. After cutting surplus offers during the summer, sellers faced aggressive pricing due to oversupply. Rotterdam LBM's premiums over VLSFO widened by $167-176/mt, while discounts to LSMGO narrowed by $103-112/mt. LBM's premiums over B100 widened by $250-259/mt. Rotterdam's B100 flipped from a $90/mt premium over HSFO to a $24/mt discount. B100's discount to VLSFO and LSMGO widened significantly. Diesel slow speed engines experienced a $38-42/mt premium in LBM prices, with potential pooling values dropping by $74-87/mt.",
  "summary": "All bunker prices described in the text below have been adjusted for calorific content to make them VLSFO-equivalent. They have estimated EU-EU voyage compliance costs included for Rotterdam, and nonEU-EU compliance costs included for Singapore. These account for EU ETS costs and FuelEU Maritime penalties, and the average price of compliance surpluses we have picked ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}