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
    • GLOBAL 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
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Bunker Fuel

Bunker Prices Outlook, Week 14

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

MABUX World Bunker Index has shown downward changes during the week. The 380 HSFO index has decreased from 414.21 USD/MT to 409.56 USD/ MT (-4.65 USD), VLSFO has lost 3.02 USD: from 500.59 USD/MT down to 497.57 USD/MT. MGO LS decreased by 0.72 USD from 572.99 USD/MT to 572.27 USD/MT.

RELATED POSTS

ship-fleet-breakdown

MSC Cargo Expands LNG Fleet

1 day ago
MABUX-Index-W-29

Bunker fuel outlook, Week 29

1 day ago
MABUX-Index-W-28

Global bunker indices continue their moderate growth

1 week ago

Bunker prices

The Global Scrubber Spread (SS) – the difference in price between 380 HSFO and VLSFO – continued to decline during the week and averaged 87.54 USD (89.41 USD last week).

SS Spread in Rotterdam has increased during the week from 95.00 USD up to 102.00 USD (+7.00 USD), the average SS spread for the week has also increased by 3.00 USD from 93.67 last week to 96.67 USD. In Singapore, SS Spread has also slightly increased during the week – by 5.00 USD: from 104.00 USD to 109.00 USD, while the average weekly SS index rose by 4.00 USD: from 104.17 USD last week to 108.17 USD.

Scrubber spread

Correlation of MBP Index (Market Bunker Prices) vs DBP Index (MABUX Digital Benchmark) in the four global largest hubs during the past week showed that 380 HSFO remain undervalued in three selected ports in a range from minus 10USD (Houston) to minus 31USD (Singapore). This kind of fuel is overcharged in Fujairah by 5USD. VLSFO according to DBP Index, is undervalued in a range from minus 13 USD (Rotterdam) to minus 27 USD (Singapore) in all selected ports except of Houston, where it is overpriced by +24 USD. MGO LS was also overvalued in Fujairah (+14USD) and Houston (+16USD). In Rotterdam and Singapore this type of fuel remained underpriced by minus 36USD and minus 39USD respectively.

World bunker prices

The percentage of VLSFO samples found to be non-compliant because of their sulfur content has more than doubled in 2021, according to testing company VPS. About 3% of the samples VPS received last year were found to be non-compliant on sulfur levels, and this rate has risen to about 7% so far in 2021. The majority of the non-compliance is coming from samples from Europe and the Americas.

Supply of bunker fuels remains tight across most East of Suez ports, with lead times for VLSFO stems in Singapore stretching up to 11 days this week. Despite the weekly stockbuild, lead times for bunker fuels remain long in Singapore. The bunker hub’s demand seems to have picked up at the beginning of this week, adding further pressure on lead times. Fujairah’s low sulphur bunker availability is similar as last week. Lead times for VLSFO and LSMGO stems are unchanged on the week at six days in Fujairah, while lead times for HSFO380 has dropped from 12 days to 8 days now.

Bunker fuels can be procured at a shorter notice in Zhoushan and Shanghai, which currently have the shortest lead times across East of Suez ports. Lead times for VLSFO and LSMGO stems now stand at 3 days in the two Chinese ports, up from two days last week. VLSFO and LSMGO stems remain tight in South Korea’s southern ports for another week. Lead times are steady on the week in Busan, stretching up to 9 days. Japanese HSFO inventories fell to six-week lows last week, as rising exports has drawn stocks.

Low sulphur fuels continue to be readily available in major bunker locations across Europe and Africa, while HSFO380 availability has tightened further in the Canary Islands this week. VLSFO and LSMGO stems can be procured at short notice in ARA and other Northern European ports like Skaw and Hamburg. Prompt VLSFO and LSMGO deliveries are also in good availability in the Gibraltar Strait ports, in ports further east in the Mediterranean ( Piraeus, Istanbul and Malta), and in the Russian Black Sea port of Novorossiysk. HSFO380 availability has tightened further in the Canary Islands.

South African ports continue to have limited HSFO180 volumes to supply, while VLSFO and LSMGO can be sourced with shorter lead times.

Source: Mabux

Follow on Twitter:

[tfws username=”MabuxAB” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]

Tags: bunker fuellow sulphur bunker availabilityMABUXmarket bunker pricesscrubber spreadsupply of bunker fuelsVLSFO
Editor

Editor

Related Posts

ship-fleet-breakdown
Bunker Fuel

MSC Cargo Expands LNG Fleet

1 day ago
MABUX-Index-W-29
Bunker Fuel

Bunker fuel outlook, Week 29

1 day ago
MABUX-Index-W-28
Bunker Fuel

Global bunker indices continue their moderate growth

1 week ago
methanol-powered-mainline-vessels
Bunker Fuel

COSCO next to deploy large methanol-powered mainline vessels

2 weeks ago
bunker-indices
Bunker Fuel

Global bunker indices tracked down sharply in Week 26

3 weeks ago
MABUX-Index-W-25
Bunker Fuel

Bunker fuel outlook, Week 25

4 weeks ago

Leave a Reply Cancel reply

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

No Result
View All Result

Trending Posts

Top-10-carriers

Top 10 carriers send bigger ships to West Africa and Middle East/ISC

June 26, 2025
bunker-indices

Global bunker indices tracked down sharply in Week 26

June 26, 2025
MABUX-Index-W-29

Bunker fuel outlook, Week 29

July 17, 2025

Recent Post

ship-fleet-breakdown

MSC Cargo Expands LNG Fleet

July 17, 2025
container-ship-recycling-volumes-and-price-trends

Thriving freight and charter markets drive scrap sales down

July 17, 2025
Idle-Fleet-Breakdown

Idle fleet rises slightly but remains insignificant

July 17, 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

MSC Cargo Expands LNG Fleet

Thriving freight and charter markets drive scrap sales down

Idle fleet rises slightly but remains insignificant

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
    • GLOBAL 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!