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
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • 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
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • My account
  • Login
Global Maritime Hub
No Result
View All Result
Home Bunker Fuel

Global Bunker Market remains in holding mode

Editor by Editor
3 years ago
Reading Time: 2 mins read
weekly bunker prices
Share on FacebookShare on TwitterShare on Linkedin

(Mabux) Global Bunker Market remains in the same holding mode that has prevailed the last 3-4 weeks.

RELATED POSTS

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 37, 2023.

2 weeks ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 36, 2023.

3 weeks ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 35, 2023.

4 weeks ago

The World Bunker Index MABUX showed slight upward evolution in the last 7 days. The 380 HSFO index rose from 306 to 309 USD/ MT (+3 USD), VLSFO added 4 USD: from 363 to 367 USD / MT, MGO also gained 3 USD: from 444 to 447 USD / MT.

The price difference between 380 HSFOs and VLSFOs (the so-called Scrubber Spread (SS)) rose slightly by 1.47 USD and averaged USD 57.66 (56.19 USD a week before). Average SS Spread in Rotterdam has narrowed to 48.33 USD from 51.00 USD a week ago. In Singapore SS Spread has risen on the contrary to 67.00 USD from 60.67 USD.

Last month some 46% of all HSFO leaving the Baltic Sea went to the US

Despite firm values of high sulfur fuel oil, medium sulfur fuel oil is still heading to the low sulfur fuel oil pool on account of lower conversion costs, adding to market glut. Medium sulfur fuel oil with sulfur content of around 1% can go into either VLSFO pool or HSFO pool, depending on the market. However, the interest is more towards the VLSFO pool versus the HSFO, as the cost of converting a lower value product to a higher value is much higher.

bunker prices Singapore

The US has emerged as the biggest importer of high sulfur fuel oil (HSFO) from the Baltic region. Last month some 46% of all HSFO leaving the Baltic Sea went to the US. HSFO is in high demand from refiners in the US seeking to process it through coking units. This has been one of the factors keeping the price spread between VLSFO and HSFO (SS) much narrower than expected this year.

Follow Mabux 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”]


RELATED POSTS

Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 37, 2023.

2 weeks ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 36, 2023.

3 weeks ago
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 35, 2023.

4 weeks ago
Tags: bunker marketHSFOMABUXMABUX Global Bunker IndexscrubbersSS spreadVLSFO
Editor

Editor

Related Posts

Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 37, 2023.

2 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 36, 2023.

3 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 35, 2023.

4 weeks ago
OceanScore and RWE team up to mitigate shipping emissions risk with EU ETS management solution
Bunker Fuel

OceanScore and RWE team up to mitigate shipping emissions risk with EU ETS management solution

4 weeks ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 32, 2023.

2 months ago
Bunker-Weekly-Outlook
Bunker Fuel

MABUX: Bunker Weekly Outlook, Week 31, 2023.

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

increase-in -ship-size

Far East-North America trade sees big increase in ship size

September 7, 2023
Port-throughput-drops

Port throughput drops sharply in Europe and the US

September 15, 2023
COSCO

COSCO rises, while ZIM falls to bottom of margin rankings

September 1, 2023

Recent Post

Port-throughput-drops

Port throughput drops sharply in Europe and the US

September 15, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 37, 2023.

September 14, 2023
increase-in -ship-size

Far East-North America trade sees big increase in ship size

September 7, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 36, 2023.

September 7, 2023
COSCO

COSCO rises, while ZIM falls to bottom of margin rankings

September 1, 2023
Bunker-Weekly-Outlook

MABUX: Bunker Weekly Outlook, Week 35, 2023.

August 31, 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

Port throughput drops sharply in Europe and the US

MABUX: Bunker Weekly Outlook, Week 37, 2023.

Far East-North America trade sees big increase in ship size

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
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • EUROPEAN GAS HUB
    • THE COAL HUB
    • GLOBAL HYDROGEN HUB
  • FREE TRIAL
  • My account
  • Login

© 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
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!