No Significant Changes In Bunker Prices On June 08, MABUX

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO, and MGO in the main world hubs) continued irregular changes on June 07.

MABUX ARA LNG Bunker Index

The average price of LNG as a marine fuel in the ARA region, increased significantly on June 8: 633.88 USD / MT (+38.69 USD). The MABUX LNG Bunkering Index exceeds the cost of MGO LS in the port of Rotterdam by USD 67.88 (566 USD/MT as of June 07), the difference in price increased by USD 79 compared to June 07).

MABUX MBP...

https://mfame.guru/no-significant-changes-in-bunker-prices-on-june-08-mabux/

Better Results Expected for the Global Bunker Market in 2021

  • The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID-19 pandemic’s spread related worries.
  • Border closures & shutdowns continue to constrain fuel demand.
  • 380 HSFO index fell from 367.25 USD/MT to 365.95 USD/ MT (-1.30 USD), 
  • VLSFO added 1.00 USD: from 461.00 USD/MT to 462.00 USD/MT while 
  • MGO gained 2.25 USD and changed from 515.58 USD/MT up to 517.83 USD/MT. 

The COVID-19 pandemic’s spread is taking center stage again and markets are getting increasingly...

https://mfame.guru/better-results-expected-for-the-global-bunker-market-in-2021/

Scrubbers – 380 HSFO Combination Attractive As Global Scrubber Spread Widens

The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs and VLSFOs) widened this week, says an article published in container news.

Global bunker market trends

The global bunker market has shown signs of moderate growth over the past seven days, but there is still no firm ground for a sustained uptrend, according to the Marine Bunker Exchange (MABUX).

Challenges

There are also challenges in the form...

https://mfame.guru/scrubbers-380-hsfo-combination-attractive-as-global-scrubber-spread-widens/