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The Weekly MABUX Bunker Index

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...

EU mulls banning scrubber technology

The European Parliament’s Environmental Committee has advised that Europe should phase out the use of open loop scrubbers and restrict the discharge of scrubber...

Bearish signs overwhelm fuel market

The global fuel market continues to focus on the important issues of rising US inventories, increased oil supply from Libya, and the second Covid-19...

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,...

Latest Posts

Upward trend in bunker indices

At the end of the 24th week of the year, the global bunker indices published by Marine Bunker Exchange (MABUX) continued their moderate upward...

Unprecedented fleet utilization puts another layer of uncertainty in global shipping

The global container shipping industry is entering uncharted waters as it sails into an era of unprecedented fleet utilization, with idle capacity plunging to...

Wärtsilä hybrid propulsion to power four new Vertom vessels

Wärtsilä has secured a contract to deliver a fully integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being constructed...

Port of Ventspils receives first electric crane

Stena Line Ports Ventspils JSC has officially taken delivery of its first electric Konecranes Gottwald ESP.7 Mobile Harbor Crane. The new machine marks a major...

KEZAD Group unveils KEZAD Business District

Khalifa Economic Zones Abu Dhabi (KEZAD) has announced the launch of the KEZAD Business District, a landmark mixed-use commercial development located within the KEZAD...
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