• Home
  • News
  • MABUX: No firm trend on Global bunker market on Apr 22
  • 2022 April 22 08:58

    MABUX: No firm trend on Global bunker market on Apr 22

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

    MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO in the main world hubs) turned into upward evolution on April 21 after sharp decline the day before:

    380 HSFO - USD/MT – 735.39 (+8.47)
    VLSFO - USD/MT – 950.54 (+16.39)
    MGO - USD/MT – 1 243.90 (+18.34)


    Correlation of MABUX MBP Index (market bunker prices) vs MABUX DBP Index (MABUX digital bunker price benchmark) on April 21 remained in the overcharge zone for all types of fuel in selected ports.  The overprice premium for 380 HSFO fuel was: Rotterdam - plus $46 (versus plus $45 a day earlier), Singapore - plus $143 (plus $126), Fujairah - plus $121 (plus $103) and Houston - plus $117 (plus $123). MABUX MBP/DBP Index (MDI) for 380 HSFO fuel did not have any firm trend, while the changes were insignificant.

    In the VLSFO segment, MDI also recorded overpricing on April 21 in all four selected ports. Rotterdam - plus $123 (versus plus $114 the day before), Singapore - plus $57 (plus $60), Fujairah - plus 70 (plus $61) and Houston - plus $121 (plus $98). Overcharge premium in the VLSFO segment continued to grow moderately.

    MGO LS, according to MDI, was on April 21 in the overcharge zone in all ports: Rotterdam - plus $ 147 (vs. plus $ 117 a day earlier), Singapore - plus $ 37 (plus $ 51), Fujairah - plus $73 (plus $106) and Houston plus $98 (plus $112). In the MGO LS segment, there was also no single dynamics and MDI changed irregular. The most significant change was the overprice hike in Rotterdam by 30 points and a decrease in Fujairah by 36 points.

    We expect global bunker prices do not have firm trend today and may change irregular: 380 HSFO - plus 5-10 USD / MT, VLSFO - plus 8-12 USD / MT, MGO LS - minus 10-20 USD/MT.

    Source: www.mabux.com


2022 July 7

12:45 TransContainer launches import transportation from China to Russia via Kamyshovaya border-crossing station
12:23 NQBP's vessel completed maintenance dredging at Port of Weipa
11:50 Rosterminalugol confirms compliance with all environmental safety requirements
11:16 World Shipping Council strengthens its organisation in Europe and the U.S.A.
10:40 Novorossiysk Commercial Sea Port to pay RUB 0.54 per share as dividends for 2021
10:18 Valaris announces contract termination for drillship Valaris DS-11
09:58 CMA CGM cuts import rates by $500
09:54 Crude oil futures rose driven by concerns over possible commodity deficit
09:22 Crude oil futures fall below $100 per barrel for the first time from April 2022
09:03 MABUX: Bunker prices may continue to decline on Jul 07

2022 July 6

18:16 Port of Oakland posts its container volume in May
18:00 Port of Kaliningrad expected to see a 25-pct decrease of throughput to 8 million tonnes in 2022
17:39 Gascade and Fluxys team up on two key infrastructure projects to ramp up the hydrogen economy in Germany
17:12 Strengthening port security in Tunisia
17:06 PIL announces contract to build four 8,000 TEU LNG dual-fuel container vessels
16:43 Cargo traffic within Azov-Don Basin of Russia’s IWW in H1’2022 totaled 1.4 million tonnes, down 57% YoY
16:21 MSC and Fincantieri announce the construction of two next generation cruise ships
16:07 TotalEnergies quits Russia's Kharyaga oil project - Reuters
15:57 Russia’s State Duma approves Draft Law on countersanction information
15:15 India, Iran to activate new shorter corridor to Russia - The Tribune
14:55 CPC-R requests to suspend execution of the judge's Ruling on administrative suspension of company's activities
14:32 Svitzer announces the purchase of a new tug to support terminal operations in Milford Haven, UK
14:18 Tallink Grupp reports 174.3% increase of passenger transportation in June 2022
14:02 ClassNK releases “ClassNK Technical Journal”
13:34 TechnipFMC awarded iFEED contract by Equinor for BM-C-33 project in Brazil
13:06 Nordic Engineering to speak at Ship Repair, Modernization and Components Conference about modernization of research vessels
12:01 Concordia Maritime sells the P-MAX vessel Stena Paris
11:39 MV Kholmogory to deliver first batch of cement to Kaliningrad
11:34 Germany prepares Uniper bailout - Handelsblatt
11:12 OPEC secretary-general is dead, Nigerian officials announce - AP
11:03 CMA CGM to implement Bunker Recovery Adjustment Factor to all West African ports
10:51 Krasnoye Sormovo shipyard delivers dry cargo carrier of Project RSD59 Sergey Volkov to GTLK
10:27 ECOWAS lifts sanctions against Mali
10:10 Novorossiysk Court orders Caspian Pipeline Consortium to suspend its activities for 30 days
09:55 TT Club highlights long-term changes to supply chain risk profiles
09:22 Throughput of port Kavkaz in H1’2022 fell by 26% Y-o-Y
09:08 MABUX: Global bunker prices to decline sharply on Jul 06
08:44 Turkey to try to reach outcome on grain corridor with Russia, Ukraine soon - Daily Sabah
08:13 The EU isn’t yet equipped to receive enough LNG to replace Russian gas entirely - Bloomberg

2022 July 5

19:44 Termination of oil and gas supplies to Japan from Russia is possible – Deputy Chairman of the Security Council of the RF
18:23 Norled accepts delivery of second newbuild zero-emission battery-powered Ropax Ferry from Sembcorp Marine
17:56 BAM and Transsib failed to deliver 70 million tonnes of cargo in 2021 - Yury Trutnev
17:31 DNV recognizes Arcadia Shipmanagement’s Aegean Myth as the first verified SEEMP III vessel
17:11 Wartsila supplies battery to Pivot Power as part of cutting-edge Energy Superhub Oxford project
16:53 Lotos Shipyard launches first self-propelled dredger of Project 93.159
16:24 Russia may ramp up its gas supplies to Asian markets to a level close to its exports to EU in a decade - IEA
16:17 Siemens Gamesa secures deal to supply 75 MW for South Korea’s third largest wind farm
15:33 DeloPorts completed full repayment of bond issue for RUB 3.5 billion
15:11 TAQA, Heerema, and AF Offshore Decom completed decommissioning project in Brae Field
15:04 ABP launches 1m sq ft development site at Port of Grimsby
14:52 Edda Wind appoints new COO
14:21 APM Terminals takes the next step on its strategic journey
14:05 Bunker sales at Vladivostok port in H1’2022 fell by 25% YoY
13:46 Throughput of Azov port in H1’2022 fell by 18% YoY
13:28 Strike affecting Equinor-operated fields on the Norwegian continental shelf
13:19 Ulstein's trawler design for Bluewild is one of three nominees for innovation award
12:41 New quayside unveiled at Port of Nigg
12:17 DEME announcement of the Member State of origin
11:51 Vladimir Potanin: we are ready to discuss merger of Nornickel and Rusal
11:29 MPCC placed orders for two carbon-neutral 1,300 TEU newbuildings