Global bunker market ends 2024 with stability

The global bunker market concluded 2024 in a state of relative stability. The first half of the year saw multidirectional fluctuations across indices, with moderate price increases for 380 HSFO and VLSFO, alongside a slight decline in MGO LS quotes.

However, the second half of the year experienced a significant reduction in the magnitude of these fluctuations. From September onward, trends across all three types of bunker fuel stabilized at their respective levels. By the end of the year, the...

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