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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 785.02-0.05647.00+5.00Oct 21 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 533.07+2.15610.60+1.79763.36+3.30Oct 22 - 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 488469+19 550565-15 647739-92 Oct 22 Singapore 485489-4 592568+24 659748-89 Oct 22 Fujairah 451499-48 576561+15 754796-42 Oct 22 Houston 462464-2 535583-48 654668-14 Oct 22 - Analytical Section
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- Latest News
- 2024-10-22
GLOBAL: 59% OF SEAFARERS WILLING TO SAIL ON AMMONIA-FUELLED VESSELS, MMMCZCS SURVEY FINDS
A survey of 2,000 maritime workers led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) has found that more than half of seafarers and ashore personnel would be willing to work with ammonia, but highlighted that acceptance of ammonia... Read more
- 2024-10-22
ASIA PACIFIC: IEA OPENS SINGAPORE OFFICE
The International Energy Agency’s (IEA) newly-inaugurated Regional Cooperation Centre in Singapore is its first office outside of the Paris headquarters in its 50-year history. In a statement issued yesterday (21 October), the IEA said the centre will... Read more
- 2024-10-22
EUROPE: SMART GREEN SHIPPING RECEIVES £1 MILLION FROM DRAX FOR WIND PROPULSION DEVELOPMENT
Renewable energy producer Drax Group has injected £1 million into Smart Green Shipping’s ongoing ‘Winds of Change’ project, which is validating the fuel savings delivered by its FastRig wing sails through sea trials, with a view to installing the wind... Read more
- 2024-10-22
EUROPE: OHMIUM AND SWITCH2 PARTNER FOR OFFSHORE FLOATING AMMONIA PROJECT
Ohmium International has signed an agreement with SwitcH2 BV to develop Proton Exchange Membrane (PEM) electrolyser solutions for a new 300 MW offshore floating green hydrogen and ammonia production project. Located off the coast of Southern Europe,... Read more
- 2024-10-22
ASIA PACIFIC: OIL LEAK AT SHELL ENERGY AND CHEMICALS PARK SINGAPORE
Shell has confirmed the occurrence of an oil leak from a pipeline at the Shell Energy and Chemicals Park Singapore on Bukom yesterday (20 October). In a statement issued yesterday, the energy major said the leak, which occurred approximately 5.30am... Read more
- 2024-10-22
EUROPE: STARTUP HYPERMOTIVE BRINGS NEW HYDROGEN SOLUTIONS TO MARITIME SECTOR
Hypermotive, a startup specialising in hydrogen fuel cell technology, is planning to expand its focus into the maritime industry, particularly with its X-M1 hydrogen power system, developed in collaboration with Honda. Jonathan Brown, Strategic Director... Read more
- 2024-10-22
Oil prices dip as geopolitical risks stabilise, China demand weighs
Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world's top oil importer, continued to weigh on the market. Brent crude futures for December delivery... Read more - 2024-10-22
Oil Markets Fail to Respond to Geopolitical Escalations
Ten days ago, the Biden administration expanded sanctions on Iran’s petroleum and petrochemical sectors in response to Iran’s October 1 attack on Israel, its second direct attack on Israel this year. According to the White House, Iran’s oil exports are... Read more - 2024-10-22
Russia’s Dark Fleet of Oil Tankers is Fueling India's Refining Boom
Chinese and Indian oil traders have been responsible for the explosive growth of dark fleet tankers hauling Russian crude to Asia, evading Western sanctions. A new report titled "BRICS+ Energy: Engine of the New World Order" from the Valdai International... Read more - 2024-10-22
MABUX: Global bunker market to shift to slight upward movement on Oct.22.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO), trended downward on Oct.21: 380 HSFO - USD/MT - 530.92 (-1.35) VLSFO - USD/MT – 608.81 (-2.85) MGO - USD/MT – 760.06 (-3.54) As of Oct.21, the... Read more
- 2024-10-22