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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 2 424.42+238.20790.000.00Dec 6 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 460.11+3.15659.16-6.28971.32-3.91Dec 9 - MBP INDEX vs DBP INDEX (ICE/NYMEX)
Click to see more detailsAll Indexesin $/mton380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 357465-108 515554-39 790845-55 Dec 9 Singapore 380487-107 610549+61 876854+22 Dec 9 Fujairah 343508-165 615551+64 1 098902+196 Dec 9 Houston 374441-67 530542-12 830875-45 Dec 9 - Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
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- Latest News
- 2022-12-09
Oil prices set for 10% weekly loss on demand worries
Oil prices ticked higher on Friday but both benchmarks were set for a weekly loss as worries over weak economic outlook in China, Europe and the United States weighed on oil demand. Brent crude futures were at $76.56 a barrel, up 41 cent, or 0.5%, at... Read more
- 2022-12-09
GLOBAL: ABS EXPLORES NEW MARINE FUELS, NUCLEAR POWER AND ELECTRIFICATION IN ‘CUTTING EDGE’ MARITIME TECH REPORT
In a newly-published Technology Trends report, classification society ABS examines a broad range of ‘cutting edge’ maritime tech, including alternative fuels such as hydrogen, nuclear power and electrification, autonomy, artificial intelligence and onboard... Read more
- 2022-12-09
EUROPE: GASUM DETAILS PLANS FOR NEW NORWEGIAN BIOGAS PLANT
A consortium comprising Finnish state-owned energy company Gasum and Norwegian investment companies Aune Holdingselskap and Salvesen & Tham is planning the construction of a new biogas plant in the municipality of Vormstad near Trondheim in Norway. The... Read more
- 2022-12-09
GLOBAL: INTERNATIONAL WINDSHIP ASSOCIATION HOLDING SIDE EVENT AT MEP79
The International Windship Association (IWSA) has announced that it will be holding a side event to the 79th session of the Marine Environment Protection Committee (MEPC) on Tuesday (13 December) at the International Maritime Organization’s (IMO) headquarters... Read more
- 2022-12-09
AFRICA: EXPANSION PLANS ANNOUNCED FOR SOMALIA’S PORT OF BOSASO
DP World and Somalia’s Government of Puntland have signed a construction agreement for expansion and upgrade work at the Port of Bosaso. The agreement was signed in Dubai today (8 December) by Ahmed Yaasiin Saalah, Puntland’s Minister of Ports and... Read more
- 2022-12-09
Oil bounces on pipeline shutdown, but heads for weekly loss on demand woes
Oil prices bounced on Friday as closure of a major Canada-to-U.S. crude pipeline disrupted supplies, but both benchmarks were headed for a weekly loss on worries over slowing global demand growth. Brent crude futures were at $76.70 a barrel, up 55 cents,... Read more
- 2022-12-09
The Oil Price Cap Was Designed To Stop Prices Soaring
The price cap on Russian oil at $60 per barrel does very little to immediately cut revenues for the Kremlin, as Western policymakers, especially those in the United States, focus more on keeping Russia’s crude flowing and preventing a plunge in global... Read more
- 2022-12-09
No Relief In Sight For Bosphorus Oil Tanker Jam
The traffic jam of oil tankers in the Bosphorus Strait won’t see relief anytime soon, with Turkey’s maritime authority sticking to its guns over requiring insurance letters from the ships passing through. Since the start of the month, Turkey has mandated... Read more
- 2022-12-09
MABUX: Global bunker market awaits new direction on Dec.09.
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) continued drifting lower on Dec. 08: 380 HSFO - USD/MT – 456.96 (-7.41) VLSFO - USD/MT – 665.44 (-13.08) MGO - USD/MT – 975.23 (-20.79) As of December... Read more
- 2022-12-09
Scientist Invent New Way To Convert Ammonia Into Hydrogen
Rice University scientists have invented a light-activated catalyst that efficiently converts ammonia into clean-burning hydrogen using only inexpensive raw materials. The design is a light-activated nanomaterial to convert the ammonia into clean-burning... Read more
- 2022-12-09