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Monday, June 21, 2021
Tags Marine Bunker Exchange (MABUX)

Tag: Marine Bunker Exchange (MABUX)

Open loop scrubbers do not create unwarranted risk, said EGCSA study

Both in a standard Organisation for Economic Co-operation and Development (OECD) port and in a highly trafficked seaway the operation of open loop scrubbers...

MABUX sees irregular fluctuations in fuel prices

During Week 23, Marine Bunker Exchange (MABUX) World Bunker Index showed moderate irregular fluctuations with the 380 HSFO index decreasing US$440.34/MT, the VLSFO index...

27 states push ISWG-GHG for tougher emission reduction targets

Meeting of the International Maritime Organization's (IMO's) Intersessional Working Group on Greenhouse Gases (ISWG-GHG) failed to achieve agreement on the details of a draft...

IEA sees net-zero emissions possibilities by 2050

A new report from the International Energy Agency (IEA) says there is a "viable pathway" to achieving net-zero emissions by 2050 within the energy...

Market sees bunker charges stabilise in cargo boom

The Marine Bunker Exchange's (MABUX) World Bunker Index has shown a steady process without any drastic changes in values during the 19th week of...

IMO and Germany ink emissions reduction agreement

The International Maritime Organization (IMO) and Germany have signed an agreement on the development of a project proposal to help reduce maritime transport emissions...

Era of multiple fuels is fast approaching

Several companies worldwide are taking part in initiatives to conduct safety assessments and establish standards for the use of ammonia and other energy sources...

MABUX reports increased fuel prices

The World Bunker Index of the Marine Bunker Exchange (MABUX) has increased during the week with the 380 HSFO index jumping to US$420.77/ MT,...

Fuel quality issues in focus as numbers double

In a week when the MSC Ariane suffered an engine failure following what the owner described as “poor quality fuel”, the bunker index firm...

Suez Canal stoppage has led to fuel price fluctuations

The Suez Canal blockage has delayed vessel traffic to European ports during the week, while European bunker hubs continue to have readily available supplies...
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THE Alliance withdraws Rotterdam call from F4 service

THE Alliance has decided to terminate calling Rotterdam on the Eastbound rotation of its Far East Loop 4 (FE4) for a period of seven...

ZIM and Alibaba extend commercial partnership

The Israeli shipping company, ZIM and Alibaba.com, the world's leading B2B eCommerce platform, have confirmed the extension of their cooperation agreement for two more...

2M Alliance to adjust Asia-Europe services programme

2M Alliance has decided to adjust the sailing programme of its Asia-Europe network in order to manage the recent challenging situation of severe port...

ONE partners with Rutgers Business School

Ocean Network Express (ONE) has entered into a partnership with Rutgers Business School (RBS) in June 2021 to gain direct outreach to RBS' academic resources...