G20-VLSFO Index Advances for Fifth Session, highlights a Ship and Bunker news source.
Bunker fuel prices advanced at most ports on FridayBunker fuel prices advanced at most ports on Friday, with global average VLSFO prices
climbing for a fifth consecutive session.
Ship & Bunker’s G20-VLSFO Index of prices across 20 leading bunkering ports gained $6/mt to $687/mt on Friday, reaching the highest level since February 2. The G20-HSFO Index rose by $3.50/mt to $603.50/mt, while the...
Hapag-Lloyd, a container line, has reported a decline in overall bunker consumption but an increase in the use of high-sulfur fuel oil (HSFO) in the first quarter of 2023, as reported by Ship & Bunker.
Bunker consumptionThe company’s total bunker consumption was 1.03 million metric tons, down 2.8% compared to the previous year. The share of very low sulfur fuel oil (VLSFO), ultra-low sulfur fuel oil (ULSFO), marine diesel oil (MDO), and liquefied natural gas (LNG) in its...
https://mfame.guru/hapag-lloyd-turns-to-hsfo-as-bunker-consumption-declines/