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 Weekly Outlook

Editor by Editor
2 years ago
min read2 min
Mabux World Bunker Index
Share on FacebookShare on TwitterShare on Linkedin

Global oil indexes rallied on Nov.03-Nov.04 on U.S. Election Day as equity markets around the world and in the U.S. also rose, with traders bracing for the outcome of the election. A number of uncertainties, however, put downward pressure on oil and fuel prices these days as well, including when an effective vaccine could be available and when economies recover.

The World Bunker Index MABUX demonstrated slight upward evolution for a week. The 380 HSFO index rose from 290.85 to 296.10 USD/ MT (+5.25 USD), VLSFO added 9.00 USD globally: from 335 to 344 USD / MT, while MGO gained only 2.81 USD: from 402.46 up to 405.27 USD / MT. There are no any significant changes in the Global Scrubber Spread (SS) (price difference between 380 HSFOs and VLSFOs) as well: it has narrowed by 1.72 USD and averaged USD 45.33 (47.05 USD a week ago).

RELATED POSTS

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 04, 2023

2 days ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 03, 2023.

1 week ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 02, 2023

2 weeks ago

MABUX presents new Bunker Price Benchmark – DIGITAL BUNKER PRICE (DBP) – which relates entirely to Oil Future differentials. Among other features DBP is a tool to identify overcharge/undercharge bunker prices and shows real-time bunker price trends updating every 1 minute. The function is available in 35 world major ports (more details at www.mabux.com).

In Rotterdam the average value of the VLSFO DBP Index for the past 30 days is 6 USD below the market price (302 USD/MT – average Market Price, 296 USD/MT – DBP Index), which means that the market price of VLSFO bunker fuel has been slightly overestimated. As for 380 HSFO, the latest trend also shows it was overcharged by an average of 5 USD (251 USD/MT – av. Market Price, 246 USD/MT – DBP). On the contrary, MGO prices were undercharged by average 19 USD (324 USD/MT – av. Market Price against 343 USD/MT – DBP).

The European Parliament discussed on Oct.28 a draft report which called “to prohibit scrubbers and discharges into the sea of waste water and other waste residues and to ensure that they are properly collected and processed in port reception facilities. The report also highlights the urgent need for an emissions control area to be set up in the Mediterranean. The report would not be expected to be voted on until next year.

Source: Mabux

Follow on Twitter:

Tweets by "MabuxAB"
Tags: black carbon emissionsBunkerGlobal Fuel marketGlobal Scrubber SpreadIMOMABUXRotterdamSingapore
Editor

Editor

Related Posts

Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 04, 2023

2 days ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 03, 2023.

1 week ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 02, 2023

2 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 01, 2023

3 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

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

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 03, 2023.

January 19, 2023
Boxship-Sale-and-Purchase

Boxship Sale and Purchase market shrinks by 50% in 2022

January 12, 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!