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Monday, March 8, 2021
Home The Weekly MABUX Bunker Index

The Weekly MABUX Bunker Index

Bunker prices remain steady says MABUX

The World Bunker Index Marine Bunker Exchange (MABUX) was steady over the past week with no real firm trends noted. In particular, the 380 HSFO...

Covid-19 developments provokes fuel market volatility

The Covid-19 pandemic’s spread is taking centre stage again and markets are getting increasingly worried about the long duration of the European lockdown as...

Bunker indices uptrend continues in 2021 first weeks

During the first two weeks of 2021, world bunker indices continued their moderate upward trend, according to Marine Bunker Exchange (MABUX). Meantime, the most critical...

MABUX foresees a stronger marine fuels year

The Marine Bunker Exchange (MABUX) anticipates a stronger year ahead as the rollout of coronavirus vaccine programmes allows global activity to recover which is...

Germany extends LNG grant offer

Germany’s Federal Ministry of Transport and Digital Infrastructure (BMVI) has extended the grant application deadline for LNG vessel conversions to 31 December 2021. A number...

New LNG bunkering barge to support Antwerp operations from 2021

Fluxys and Titan LNG have built the FlexFueler 002 LNG bunkering barge to support the shipping industry in its switch to cleaner operations in...

Oil and bunker demand recovery remains uncertain

Despite the recent rally of benchmark oil prices and bunker indexes on vaccine rollout news, demand recovery is still uncertain as Covid-19 infection rates...

Shipowners lured by scrubbers and 380HSFO

The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs...

Covid vaccine trials wake fuel market up

Fuel market sentiment has received a boost from signs of improving demand from Asia’s large crude oil importers, as well as news of successful...

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...

Research fund proposal receives mixed response from IMO delegates

A generally positive response to the broad idea of establishing an industry research & development body was tempered by legal concerns, including financial considerations...

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...

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Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...

High speed and compromised manoeuvring caused Milano Bridge accident

The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...

MSC Rosa M damages Mumbai crane

The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...

Taking the personal view for crew working on container shipping

Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...