Global bunker indices experience moderate growth

During the seventh week of the year, the Marine Bunker Exchange (MABUX) indices have shown moderate increases.

The 380 HSFO index saw a rise of US$1.73 to US$530.68/MT, the VLSFO index gained US$3.26, reaching US$621.61/MT, while the most notable increase was seen in the MGO index, which surged by US$25.83, surpassing the US$800 mark, and rising from US$783.83/MT to US$809.66/MT.

“As of this writing, the bunker indices have entered a phase of slight downward correction,” commented a MABUX...

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