Global Maritime Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • 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
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • 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
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Bunker Fuel

Bunker fuel prices outlook – week 26

Editor by Editor
2 years ago
min read3 min
bunker fuel prices
Share on FacebookShare on TwitterShare on Linkedin

During Week 26, MABUX World Bunker Index did not show significant changes. The 380 HSFO index rose by 2.75 USD: from 454.61 USD/MT to 457.36 USD/MT, the VLSFO index lost 0.08 USD: from 558.89 USD/MT to 558.81 USD/MT, while the MGO index added 1.30 USD (from 650.06 USD/MT to 651.36 USD/MT).

RELATED POSTS

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 04, 2023

7 days ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 03, 2023.

2 weeks ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

3 weeks ago

bunker fuel prices

European gas market prices have rallied during last two weeks. Summer gas prices reached record levels on lower supply of gas and demand for storage injections. MABUX ARA LNG Bunker Index – the average price of LNG as a marine fuel in the ARA region, remained practically unchanged from June 23 to June 30: slightly down from 670.35 USD/MT to 670.01 USD/MT.

At the same time, the average value of LNG Bunker Index rose by 39.34 USD compared to the previous week. The average price for MGO LS in Rotterdam has decreased by 9.00 USD/MT during the same period. Meantime, the average price difference between bunker LNG and MGO LS in Rotterdam increased by 33.67 USD and is at 85.06 USD (versus 51.39 USD last week). More information is available in the new 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 – has not changed during the week and is still above the psychological mark of $ 100: $ 103.33 (versus $ 103.30 last week). At the same time, the average value of SS Spread in Rotterdam increased by $ 2.17 and reached $ 110.50 (vs. $ 108.33 last week). In Singapore, the average SS Spread has not changed and remained at USD 116.50. The SS Spread averages in both ports remain above the $ 100 mark. More information is available in the Differentials section at 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 during the past week showed that 380 HSFO fuel remained undervalued in all four selected ports ranging from minus $ 28 in Houston (versus minus $ 30 a week ago) and minus $ 24 in Fujairah (versus minus $ 21) to minus $ 39 in Rotterdam (unchanged) and minus $ 44 in Singapore (versus minus $ 50). The most significant change in HSFO’s MBP / DBP Index 380 was registered in Singapore (underpricing up $ 6).

VLSFO fuel, according to the MABUX DBP Index, was also underestimated in all four selected ports: in Houston the underpricing was minus $ 18 (minus $ 19 last week), in Rotterdam – minus $ 34 (unchanged), in Fujairah – minus $ 49 (versus minus $ 48), in Singapore – minus $ 47 (versus minus $ 50). The VLSFO MBP / DBP Index for all selected ports remained virtually unchanged.

As for MGO LS, MABUX DBP Index has registered an undercharge of this grade at all selected ports ranging from minus $ 20 (unchanged from last week) in Houston to minus $ 49 (unchanged) in Rotterdam, minus $ 58 (vs. minus $ 61) in Singapore and minus $ 58 (unchanged) in Fujairah. The MBP / DBP Index correlation for MGO LS fuel also remains stable.

bunker fuel prices

German environmental group NABU said, the results from a study on the potential of ammonia as bunkers show that ammonia as a marine fuel has a high potential for climate protection if nitrous oxide generated during the combustion is eliminated. The study found that, from an air pollution angle, ammonia is ‘recommendable’ if harmful nitrogen oxide emissions are also addressed, while from a safety perspective, ‘strict’ regulations are required to prevent leakage owing to the highly toxic nature of the fuel.

The study also found that even if ammonia is not widely used as a fuel in shipping, investments in ammonia infrastructure will not be a stranded assets as ammonia will play an important role in the decarbonisation of other sectors in the hydrogen economy. The ‘timely’ financial and legal promotion of green ammonia production under the necessary environmental and safety requirements would therefore be a ‘no-regret decision’ for climate protection in contrast to today’s decisions for LNG use and infrastructure, NABU said.

Source: www.mabux.com

Tags: ammonia as a marine fuelbunker fuel pricesMABUX
Editor

Editor

Related Posts

Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 04, 2023

7 days ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 03, 2023.

2 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 02, 2023

3 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 01, 2023

4 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

Weekly bunker indices outlook – Week 51

1 month ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 50, 2022

2 months ago

Leave a Reply Cancel reply

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

No Result
View All Result

Trending Posts

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

January 13, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 01, 2023

January 5, 2023
Containership-demolition-sales

Containership demolition sales fall to 17-year low in 2022

January 26, 2023

Recent Post

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 04, 2023

January 26, 2023
Containership-demolition-sales

Containership demolition sales fall to 17-year low in 2022

January 26, 2023
Asia-Europe-sailings

Asia-Europe: 27% of sailings axed in first seven weeks of 2023

January 19, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 03, 2023.

January 19, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

January 13, 2023
Boxship-Sale-and-Purchase

Boxship Sale and Purchase market shrinks by 50% in 2022

January 12, 2023

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

MABUX: Bunker Weekly Outlook, Week 04, 2023

Containership demolition sales fall to 17-year low in 2022

Asia-Europe: 27% of sailings axed in first seven weeks of 2023

Weekly Updates

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

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

© 2020 GlobalMaritimeHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Economic Impact
    • Emissions, Fuel Technology & Environment
    • Financing
    • Hinterland & Intermodal
    • Offshore Vessels Market
    • Piracy & Security
    • Port Environmental Impact
    • Ports & Terminals
    • Ship Building
    • Shipping Economic Trends & Regions
    • Shipping Workforce Issues
  • 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
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 GlobalMaritimeHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Brighten Up Your Thursday!

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