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The Weekly MABUX Bunker Index

MABUX World Bunker Index remains stable

The Marine Bunker Exchange (MABUX) World Bunker Index has shown insignificant and irregular changes on week 50. The HSFO 380 Index dropped to US$473.71/MT,...

MABUX World Bunker Index starts to show uptrend signals

The Marine Bunker Exchange (MABUX) World Bunker Index has resumed correctional upward trend on week 49, with index 380 HSFO increasing to US$476.52/MT, VLSFO...

Largest one-day dip in crude oil prices since April 2020

Last week ended with the largest one-day drop in crude oil prices since April 2020, as markets reacted to the discovery of the new...

MABUX index downtrend continues

The Marine Bunker Exchange (MABUX) World Bunker Index has continued to drift lower on week 47, with index 380 HSFO decreasing to US$495.62/MT, the...

Over 20 countries sign Clydebank Declaration to develop green shipping corridors

More than 20 countries around the world including Australia, Belgium, Canada, Chile, Costa Rica, Denmark, Fiji, Finland, France, Germany, Ireland, Italy, Japan, Morocco, Netherlands,...

ESCA issues new policy paper for EU ETS costs

The European Community Shipowners’ Association (ECSA) has issued a new policy paper in which it calls for vessel operators to bear the costs of...

IEA launches hub for net zero emissions progress overview

The International Energy Agency (IEA) has launched a new online resource aiming to bring together key energy and emissions indicators that will provide an...

380 CST HSFO sales in Singapore hit one-year low

The latest data by the Maritime and Port Authority (MPA) of Singapore showed that the country’s bunker fuel sales for the 380 CST HSFO...

China’s VLSFO exports reach 1.45 million tonnes in September

China’s very low sulphur fuel oil (VLSFO) exports have totalled 1.45 million tonnes in September, a 16% increase over the same month of 2020,...

Renewable fuels could cut up to 80% of shipping emissions by 2050

A new report conducted by the International Renewable Energy Agency (IRENA) has shown that a rapid replacement of fossil fuels with renewable fuels based...

Pacific Island Countries ask IMO to foster decarbonisation

Pacific Island Countries are calling on the International Maritime Organisation (IMO) to fully decarbonise the shipping industry by 2050 and to impose a carbon...

Fuel prices continue upward evolution

The Marine Bunker Exchange (MABUX) World Bunker Index on week 39 showed a strong upward trend, with the 380 HSFO Index rising to US$494.86/MT,...

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