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Tags BUNKER INDEX

Tag: BUNKER INDEX

Sinopec sees increased bunker sales in China

Domestic very low sulphur fuel oil (VLSFO) production has seen growth in China leading to increased bunker sales by the leading supplier Sinopec at...

EU funds renewable fuels research project

A consortium led by the Eindhoven University of Technology (TU/e) known as IDEALFUEL will develop new, efficient and low-cost methods of producing low-sulphur heavy...

Lytton refinery shutdowns due to poor fuels demand

Caltex Australia has shutdown the Lytton refinery in Brisbane, according to Ship&Bunker. The Australian refinery will remain closed until market conditions improve. Caltex had...

VLSFO price hits record low

The cost of VLSFO bunkers in the four main bunkering hubs of Singapore, Fujairah, Rotterdam, and Houston has continued to fall, hitting a record...

MABUX bunker index – 8 April

Global fuel prices continue to fluctuate among the key regions today, as uncertainty caused by the Coronavirus has made the market difficult to predict. Although...

MABUX bunker index – 7 April

Kuwait’s Mina Al-Ahmadi oil refinery has accomplished a biofuels expansion project with two additional production units coming on-stream, the state-run Kuwait News Agency reported,...

MABUX bunker index – 6 April

OPEC and Russia have postponed a meeting set for today to discuss supply cuts and ending a brutal price war, according to CNN.  The meeting...

MABUX bunker index – 27 March

GP Global has announced ambitious plans to strengthen its international bunkering business with the addition of a new supporting infrastructure. With the goal of expanding...

MABUX bunker index – 26 March

OxGas, a company fully owned by the Port of Oxelösund in Sweden, has commissioned MAN Energy Solutions to act as “owners engineer” in the...

MABUX bunker index – 25 March

German LNG bunker supplier Nauticor and Russia's Novatek Green Energy have signed a Letter of Intent (LOI) regarding the cooperation in developing a joint...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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