• 2021 June 11 09:16

    MABUX: Global bunker prices may rise slightly on June 11.

    The Bunker Review was contributed by Marine Bunker Exchange (MABUX)

    MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) turned into slight upward trend again on June 10:

    380 HSFO - USD/MT – 439.52 (-2.18)
    VLSFO - USD/MT – 543.92 (-5.58)
    MGO - USD/MT – 630.87 (-2.94)


    MABUX ARA LNG Bunker Index, - the average price of LNG as a marine fuel in the ARA region, decreased slightly on June 11: 634.51 USD/MT (-1.09 USD). MABUX LNG Bunker Index exceeds the cost of MGO LS in the port of Rotterdam by 66.51 USD (568 USD/MT as of 10 June), the difference in price increased by 6 USD compared to 10 June. More LNG bunker indices are available at www.mabux.com.

    As of June 10, a correlation of MABUX MBP Index (Market Bunker Prices) vs MABUX DBP Index (Digital Bunker Prices Benchmark) in four largest global hubs showed that 380 HSFO fuel remained undervalued in all selected ports: from minus $ 28 per Houston (minus $ 26 a day earlier) to minus $ 45 (minus $ 37) in Rotterdam and minus $ 56 (minus $ 47) in Singapore. The most significant change in MBP / DBP Index margins re-registered in Rotterdam (plus $ 8) and Singapore (plus $ 9).

    VLSFO, according to MABUX DBP Index, was also underestimated in all ports on June 10 ranging from minus $ 10 in Houston (minus $ 4 the day before) and minus $ 27 (minus $ 22) in Rotterdam to minus $ 42 (unchanged) in Fujairah and minus $ 53 ($ 43) in Singapore. Overall, the undercharge ratios have risen by $ 5- $ 10.

    On June 10, MABUX DBP Index also registered the underpricing of MGO LS in all selected ports, ranging from minus $ 24 (unchanged) in Houston to minus $ 49 (minus $ 38) in Rotterdam, minus $ 54 (minus $ 51) in Singapore and minus $ 59 (minus $ 48) in Fujairah. The most significant change of the MBP / DBP Index was recorded in Rotterdam and Fujairah (up $ 11 in both ports).

    We expect global bunker prices may rise slightly today: 380 HSFO - plus 1-2   USD/MT, VLSFO – plus 1-3 USD/MT, MGO LS – plus 2-4 USD/MT.

    Source: www.mabux.com




2021 June 21

09:07 Baltic Dry Index as of June 18

2021 June 20

15:12 Puerto Rico Ports Authority welcomes JAXPORT leadership to San Juan
14:32 10 consecutive months of positive year-over-year growth in the Port of Savannah
13:24 Fincantieri Marinette Marine team celebrates the keel laying of the LCS 31
12:08 IMO adopts key mandatory measures to reduce ships’ carbon intensity; establishes ship rating system
11:02 USCG invistigating allision between USS Cod and Coast Guard Cutter Morro Bay

2021 June 19

15:37 BIMCO welcomes updated IMO Compendium to advance electronic data
14:19 TradeLens digital shipping platform adoption grows in China
13:49 Bimco launches initiatives to address shipping’s plastic footprint
12:31 First cruise passengers of the year in Gothenburg go ashore in a bubble
11:23 Austal Australia delivers 11th Guardian-class patrol boat

2021 June 18

19:30 Royal IHC hands over the second cutter suction dredger to Suez Canal Authority
18:02 Consolidated cargo turnover of NCSP Group in 4M’2021 fell by 18.7% YoY
17:39 Safety management of Sparta IV complies with the ISM Code
17:15 Oboronlogistics' Sparta III allowed to sail in Northern Sea Route waters
16:47 Acceptance/delivery certificate signed for non-self-propelled suction hopper dredger of Project 4395 built for Kama Basin
16:14 BIMCO publishes new standalone Refund Guarantee for Shipbuilding Contracts
15:51 FESCO opened seasonal transportation to the ports of Chukotka
15:30 CMA CGM to enhance its BSMAR service connecting Black Sea & Turkey with Morocco
15:22 Production of Icon of the Seas began at Meyer Turku shipyard
14:56 Wärtsilä signs multiple vessel support agreement with Nakilat
14:53 Multipurpose Reloading Complex puts into operation two new 5-cbm clamshell buckets
14:17 Singapore: Seven start-up grant recipients announced at launch of Smart Port Challenge 2021
13:48 The Lepse floating maintenance base no longer poses a nuclear threat to the Arctic
13:21 GLDD agrees to $1 million fine
12:59 Rosatomflot organized icebreaker escorting of LNG carrier Nikolay Urvantsev
12:54 Stena RoRo takes delivery of the lengthened vessel Stena Scandica from the Turkish shipyard
12:30 CMA CGM announces Overweight Surcharge from Asia to North Europe
11:45 Number of lock through operations on Russia’s IWW rose by 2.81%
11:02 ATLAS A-CLASS new WTIV tailored for large-scale Wind Farm Installations
10:38 Glavgosexpertiza of Russia approves project of in-depth modernization of Onezhsky Shipyard
10:02 CMA CGM announces Hazardous Surcharge from Asia to North Europe
09:53 Port of Oakland posts results for Jan-May 2021
09:40 Baltic Dry Index as of June 17
09:24 Oil prices continue decreasing
09:07 MABUX: bunker indexes may decline on June 18
08:59 DNV launches new digital EEXI Calculator

2021 June 17

18:37 PD Ports commended with top ‘Gold’ award for ongoing commitment to health and safety
18:07 Maersk advises logistics planners on hurricane season preparation
17:40 Trials of innovative smart navigation marker at Stockholm Norvik Port
17:23 Remote surveys continue to gain momentum
17:16 Konecranes instills new Generation 6 mobile harbor cranes with a genetic code for the future
17:06 MABUX: Bunker Weekly Outlook, Week 24, 2021
16:55 Sovcomflot to pay dividends in the amount of RUB 6.67 per share
16:50 KARMOL's first Floating Storage and Regasification Unit has arrived in Dakar
16:48 GTT entrusted by Hyundai Heavy Industries with the tank design for four new LNG carriers
16:18 HEMEXPO President appointed as Vice-Chair of SEA Europe
15:13 10 consecutive months of positive year-over-year growth in Savannah
14:52 Grigory Zhelokovich appointed as General Director of Astrakhan Ship Repair Yard
14:33 Royal IHC carries out maintenance work for DMI on LCF frigates
14:13 On-shore power plant at Kiel's Ostseekai inaugurated
13:54 Volga Shipping Company completes transportation of equipment for windfarm under construction in Kazakhstan
13:33 MARINE INTERIORS, Cruise & Ferry Global Expo, powered by SMM 2021 cancelled
13:33 Kalmar’s new-generation RTGs ready to enable productive eco-efficiency for container terminals
13:12 DNV and Keppel Offshore & Marine sign collaboration agreement to develop hydrogen projects in Singapore
13:00 Russia’s State Duma passes bill on obligations of investors in seaports
12:11 Covenant Energy chooses Haldor Topsoe’s HydroFlex™ and H2bridge™ solution to produce renewable diesel with low carbon footprint
11:49 RF Navy’s frigate Admiral Makarov took part in a complex exercise in the Mediterranean Sea
11:30 Global Ship Lease announces agreement to acquire four ultra-high reefer containerships on multi-year charters
11:02 Konecranes launches new generation of energy-efficient mobile harbor cranes as global trade accelerates