MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) plunged on Nov.29: 380 HSFO – USD/MT – 481.05 (-16.47) VLSFO – USD/MT – 614.02 (-18.77) MGO – USD/MT – 728.89 (-14.47) The current sharp drop of market quotations made serious changes in the …
The post MABUX: Global bunker market turned into upward correction mode on Nov. 30 after yesterday’s price collapse first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John