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Tag: MABUX

Downward momentum continues for bunker market

Global MABUX bunker indices showed a consistent downward trend. The 380 HSFO index dropped by US$8.51 to US$498.19/MT. Similarly, the VLSFO index also declined by...

MABUX: Expectations for the downward trend to continue in global bunker market

“Over the Week 30 MABUX global bunker indices continued firm downward trend,” said Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The 380 HSFO...

MABUX expects bunker prices to continue moving in different directions

Over Week 24 of the year, the world bunker indices showed moderate irregular changes, according to Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The...

MABUX: We expect bunker indices to change upwards next week

Over the Week 20, the world bunker indices did not have a firm trend and changed irregular, Sergey Ivanov, Director, MABUX, said. The 380 HSFO...

SEA-LNG disapproves of World Bank’s LNG conclusions

Industry coalition SEA-LNG said the World Bank’s recommendation to avoid investing in LNG bunkering infrastructure risks slowing down the shipping industry’s transition to decarbonisation. A...

Fuel prices undeterred by decarbonisation discussions

The recent increase in discussions on how to decarbonise the container shipping industry have not, so far, had any short-term effects on demand. And...

Titan offers a window to LNG power

Liquified natural gas (LNG) supplier Titan LNG has launched a price overview of LNG as a marine fuel looking at prices in the key...

Pfizer potential coronavirus vaccine pushes up bunker prices

Oil and fuel prices rose this week after Pfizer announced that its vaccine would be more than 90% effective for the coronavirus, according to...

MABUX expects no oil market balance in 2020

High uncertainties about Covid-19 and the economic recovery continue to weigh on the fuel market and bunker prices, according to the courtesy of MABUX,...

Fuel prices still deter scrubber installations

Oil has been trading in a narrow range in the low US$40 more or less since July after the market began to worry that...
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