11 C
Hamburg
Monday, May 19, 2025
Home Rates & Surcharges Daily bunker index – 31 Jan.

Daily bunker index – 31 Jan.

On a global basis VLSFO fell by US$5/tonne and MGO fell by US$4.43/tonne. Regionally Northern Europe and Africa & Middle East were the regions with the largest decline in the blended low sulphur fuel and MGO respectively.

At the same time, the largest regional fall for 380 HFO was US$6.25/tonne for North America and Africa & Middle East, while the global decline was a US$3.60.

South America was the only region to record a gain of US$0.75 in 380 HFO, VLSFO and MGO.





Latest Posts

Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...

CMA CGM implements PSS from Med to North America

French ocean carrier CMA CGM will introduce a Peak Season Surcharge (PSS) on shipments from the Mediterranean to the U.S. East Coast, U.S. Gulf,...
error: Content is protected !!