Kuwait’s Mina Al-Ahmadi oil refinery has accomplished a biofuels expansion project with two additional production units coming on-stream, the state-run Kuwait News Agency reported,...

The Weekly MABUX Bunker Index

MABUX bunker index – 6 April

Container News Team - April 6, 2020 0

OPEC and Russia have postponed a meeting set for today to discuss supply cuts and ending a brutal price war, according to CNN. The meeting...

The Weekly MABUX Bunker Index

MABUX bunker index – 3 April

Container News Team - April 3, 2020 0

The members of Organization of the Petroleum Exporting Countries (OPEC) have not achieved to agree on an emergency low-level meeting to discuss a market...

The Weekly MABUX Bunker Index

MABUX bunker index – 2 April

n.savvides - April 2, 2020 0

French carrier CMA CGM is apparently the first carrier to abolish its VLSFO surcharge which it imposed in December last year in preparation for...

The Weekly MABUX Bunker Index

MABUX bunker index – 1 April

n.savvides - April 1, 2020 0

Oil companies are telling investors that they will cut spending in what the UK newspaper The Guardian calls “the most brutal oil market rout...

The Weekly MABUX Bunker Index

MABUX bunker index – 31 March

n.savvides - March 31, 2020 0

China will grant export quotas for refined oil products to non-state refineries in the Zhejiang pilot free trade zone, the state council said in...

The Weekly MABUX Bunker Index

MABUX bunker Index – 30 March

n.savvides - March 31, 2020 0

South Korean output of VLSFO has increased by nearly 6,000tonnes a day as SK Energy’s new desulphurisation plant at its Ulsan refinery began operations,...

The Weekly MABUX Bunker Index

MABUX bunker index – 27 March

Container News Team - March 27, 2020 0

GP Global has announced ambitious plans to strengthen its international bunkering business with the addition of a new supporting infrastructure. With the goal of expanding...

The Weekly MABUX Bunker Index

MABUX bunker index – 26 March

Container News Team - March 26, 2020 0

OxGas, a company fully owned by the Port of Oxelösund in Sweden, has commissioned MAN Energy Solutions to act as “owners engineer” in the...

The Weekly MABUX Bunker Index

MABUX bunker index – 25 March

Container News Team - March 25, 2020 0

German LNG bunker supplier Nauticor and Russia's Novatek Green Energy have signed a Letter of Intent (LOI) regarding the cooperation in developing a joint...

The Weekly MABUX Bunker Index

MABUX bunker index – 24 March

Container News Team - March 24, 2020 0

The major high sulphur fuel, 380HFO, saw a slight gain today (March 24) and that is a result of the increases in North Europe...

The Weekly MABUX Bunker Index

MABUX bunker index – 23 March

Container News Team - March 23, 2020 0

The spread between VLSFO and 380HFO remains at very low levels. In particular the global average spread is US$72/tonne on 23 March 2020. On a...

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The Weekly MABUX Bunker Index

Global bunker prices on downward trend

Upward trend continues to dominate the global bunker market: MABUX

Upward trend in bunker indices

Slight gains for bunker indexes

Bunker indices show upward trend

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