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Home The Weekly MABUX Bunker Index

The Weekly MABUX Bunker Index

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...

IMO publishes vessel fuel oil consumption data

In preparation for the 76th Marine Environment Protection Committee meeting to be held in June the International Maritime Organization (IMO) has released vessel fuel...

MABUX reports irregular fluctuations in fuel prices

The Marine Bunker Exchange (MABUX) World Bunker Index has shown irregular changes during the week with the 380 HSFO index declining to US$428.88/mt, VLSFO...

Canadian study reveals vessels go extra mile to avoid ECA’s

A new study of marine shipping traffic on Canada’s Pacific Coast has highlighted the environmental impact of vessels diverting to avoid sulphur emission control...

OPEC production cut extension sees bunker price uptick

The main driver for bunker prices this week is the decision by the Organization of the Petroleum Exporting Countries (OPEC)+ alliance regarding further oil...

Texas Freeze provokes oil rates hike

Oil prices spiked to 13-month highs after the Texas Freeze, which knocked out as much as 4 million barrels per day (bpd) US oil...

Increased demand boosts oil and fuel rates

Global oil and fuel prices are picking up as demand returns to pre-pandemic levels amid the easing of coronavirus lockdowns in key countries including...

Powerzeek adds methanol to online fuels market

Shipowners will have increased access to clean, compliant and sustainable marine fuel as Methanol goes live on the Powerzeek Energy Platform, according to 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...

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...

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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...

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...

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)...

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...