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Home The Weekly MABUX Bunker Index

The Weekly MABUX Bunker Index

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...

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...

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...

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