Global Maritime Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Bunker Fuel

Bunker fuel market weekly outlook – Week 34

Editor by Editor
4 years ago
Reading Time: 3 mins read
bunker fuel prices
Share on FacebookShare on TwitterShare on Linkedin

On a Week 34, the MABUX World Bunker Index turned into a moderate upward evolution. The 380 HSFO index rose by 5.76 USD: from 440.36 USD/MT to 446.12 USD/MT, the VLSFO index increased by 6.07 USD: from 534.14 USD/MT to 540.21 USD / MT, while the MGO index added 3.63 USD (from 633.54 USD / MT up to 637.17 USD / MT).

RELATED POSTS

MABUX-Index-W-25

Bunker fuel outlook, Week 25

3 days ago
MABUX-Index-W-24

Bunker fuel outlook, Week 24

1 week ago
MABUX-Index-W-2

Bunker fuel outlook, Week 23

2 weeks ago

bunker fuel prices

The MABUX ARA LNG Bunker Index, calculated as the average price of LNG as a marine fuel in the ARA region, fell sharply in the period of August 19-26 from 978.64 USD/MT to 934.89 USD MT (minus 43.75 USD). At the same time, the average value of the LNG Bunker Index increased by 41.82 USD compared to the week before.

The average price for MGO LS in Rotterdam during the same period decreased by 15.16 USD/MT (compared to the week before), and the average price difference between bunker LNG and MGO LS in Rotterdam increased by 56.99 USD and exceeded 400 USD: 427.75 USD (versus 370.76 USD the previous week). LNG bunker price indices are available in the LNG Bunkering section at www.mabux.com.

bunker fuel prices

The average weekly Global Scrubber Spread (SS) – the difference in price between 380 HSFO and VLSFO – continued to decline to $ 92.59 (versus $ 95.79 last week). The average SS Spread in Rotterdam has not changed and is still at $ 100 mark, but since August 23, its values have slightly exceeded $ 100. In Singapore, the average SS Spread has also decreased by $ 11.50 and is close to $ 100 now. ($ 112.17 last week). SS Spread below $ 100 reduces the cost-effectiveness of scrubbers’ installation as a method to cut emission. More information is available in the Differentials section of www.mabux.com.

bunker fuel prices

Correlation of MABUX MBP Index (Market Bunker Prices) vs MABUX DBP Index (MABUX Digital Benchmark) in the four global largest hubs over the past week showed that 380 HSFO fuel returned into the overpricing segment in two of the four ports: in Singapore, the overcharge was registered as plus $ 15 (versus minus $ 38 a week ago) and in Fujairah – plus $ 6 (versus plus $ 11). In Rotterdam, the MABUX MB /DBP Index had a 100-percent correlation. Houston is the only port, according to the MABUX MBP/DBP Index, where 380 HSFO fuel was undervalued by minus $ 10 (versus minus $ 15).

VLSFO fuel, according to the MABUX DBP Index, was underestimated in all selected ports, except of Singapore, where an overpricing of this fuel grade was registered as plus $ 11 (versus minus $ 37 last week). In other ports, the average underpricing ratio was: in Houston – minus $ 3 (minus $ 11), in Rotterdam – minus $ 2 (minus $ 28), in Fujairah – minus $ 29 (versus minus $ 35). The most significant change of the MABUX MBP/DBP Index was registered in Singapore: minus $ 48.

As for MGO LS, on Week 34 the MABUX MBP/DBP Index registered an undercharge of this fuel grade at all selected ports ranging from minus $ 16 (versus minus $ 24 last week) in Houston to minus $ 25 (minus $ 61) in Rotterdam, minus $ 28 (vs. minus $ 78) in Singapore and minus $ 51 (minus $ 57) in Fujairah.

Overall, significant reduction of underestimation margin of all fuel grades has been the result of a steady upward trend of bunker prices on a global market over the past four days.

bunker fuel prices

A major European shipping trade body is among those lobbying against the EU’s proposed Paris Agreement-aligned net-zero pathway. European Community Shipowners’ Associations (ECSA) promotes the interests of 20 shipping associations across the EU, the UK, and Norway. The group has actively lobbied to delay or weaken efforts to include their sector in EU-level regulations on climate. Shipping companies would need to start buying a meaningful level of emissions allowances for the first time under the proposed legislation.

Source: www.mabux.com

Tags: bunker fuelbunker fuel market outlookMABUXscrubber spreadVLSFO
Editor

Editor

Related Posts

MABUX-Index-W-25
Bunker Fuel

Bunker fuel outlook, Week 25

3 days ago
MABUX-Index-W-24
Bunker Fuel

Bunker fuel outlook, Week 24

1 week ago
MABUX-Index-W-2
Bunker Fuel

Bunker fuel outlook, Week 23

2 weeks ago
MABUX-Index-W-21
Bunker Fuel

Bunker fuel outlook, Week 21

1 month ago
LNG-fueled-Container- Ships
Bunker Fuel

LNG-fueled Container Ships make up over half of the entire orderbook

1 month ago
MABUX-Index-W-20
Bunker Fuel

Bunker fuel outlook, Week 20

1 month ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

MABUX-Index-W-25

Bunker fuel outlook, Week 25

June 19, 2025
methanol-enabled-AXEL-MAERSK

The 16,592 TEU methanol-enabled AXEL MAERSK was recently delivered to Maersk, completing a first series of twelve Equinox-I type mainline container ships!

June 12, 2025
'large-cap'-valuation

Six public container carriers hit ‘large-cap’ valuation in May

June 12, 2025

Recent Post

Charter-market

Charter market maintains robust trajectory

June 19, 2025
alliance-fleets

Carriers assign up to 80%of their capacity to alliance fleets

June 19, 2025
MABUX-Index-W-25

Bunker fuel outlook, Week 25

June 19, 2025
Global-Maritime-Hub- Logo

Online platform for sharing information & analysis on trade, shipping, ports and the maritime business more info

Categories

  • Shipping Economic Trends & Regions
  • Ports & Terminals
  • Piracy & Security
  • Emissions, Fuel Technology & Environment
  • Economic Impact
  • Financing
  • Ship Building
  • Hinterland & Intermodal
  • Offshore Vessels
  • Port Environmental Impact
  • Shipping Workforce

Recent Posts

Charter market maintains robust trajectory

Carriers assign up to 80%of their capacity to alliance fleets

Bunker fuel outlook, Week 25

Weekly Updates

Sign up to receive our weekly newsletter (each Thursday) with new shipping industry market reports, presentations & analysis.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 GlobalMaritimeHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Broker
    • Certification
    • Consultant
    • Industry Association
    • Institute & Think Tank
    • Legal Experts
    • Official Institution / Body
    • Port & Port Authority
    • Recruitment Specialist
    • Research & Market Data
    • Shipping Company
    • Industry Blog
    • Trade Media
    • Training & Education
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
    • CRITICAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 GlobalMaritimeHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Brighten Up Your Thursday!

SIGN UP to receive our free weekly newsletter with new shipping market reports, presentations & analysis! EVERY THURSDAY!