Price not currently published

Busan Marine Fuel

Not currently published — source terms under review

Why there is no price on this page

Busan prices from a public port page have been in our collection pipeline since 16 September 2026. That publisher's terms have not been reviewed yet, so this page does not display the numbers. No price is shown rather than one we have not cleared for this page.

This page shows no price and no “last updated” timestamp because there is nothing to timestamp. Everything below is port reference information, not market data.

About Busan

South Korea's largest port and Northeast Asia's key transshipment hub. Strategic location for trans-Pacific and intra-Asia routes.

Bunker suppliers

SK Energy
GS Caltex
S-Oil
Hyundai Oilbank

Port profile

Country: South Korea

Region: Asia-Pacific

Annual volume: 5.5 million MT

Vessels: 18,000+ vessels/year

Standards: Korean Register certified, ISO 8217, IMO 2020 compliant

Modeled fuel demand (Oxford/NERC, 2024, OGL v3)

Modeled baseline demand in tonnes of heavy-fuel-oil equivalent per year, estimated from 2019 AIS vessel movements for trips of 1,000 km or more, with each trip's fuel assigned to its port of origin. It is a model output, not reported bunker sales and not a price. Large bunkering hubs typically sell more fuel than this model assigns them.

Port in the model
Pusan, South Korea (modeled as Busan)
UN sub-region
Eastern Asia
Modeled baseline fuel demand
5.46 Mt HFO-equivalent per year (2.49% of the model total)
Rank by modeled demand
#2 of 1,363 ports; #1 of 177 in Eastern Asia
Modeled demand by vessel type
Container 94.6% · General cargo 1.9% · Tanker 1.6% · Dry bulk 1.5%

Contains data supplied by UK Centre for Ecology & Hydrology. Source: Verschuur, J. (2024). Maritime fuel demand projections for the year 2050 at 1377 global ports. NERC EDS Environmental Information Data Centre. https://doi.org/10.5285/f22a6c34-bd82-4fde-911c-16793f2a6752. Licensed under the Open Government Licence v3. OilPriceAPI grants no rights in this data.