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The Weekly MABUX Bunker Index

Oil and bunker demand recovery remains uncertain

Despite the recent rally of benchmark oil prices and bunker indexes on vaccine rollout news, demand recovery is still uncertain as Covid-19 infection rates...

Shipowners lured by scrubbers and 380HSFO

The combination of scrubbers and 380 HSFO seems more attractive to the shipowners after the global scrubber spread (the price difference between 380 HSFOs...

Covid vaccine trials wake fuel market up

Fuel market sentiment has received a boost from signs of improving demand from Asia’s large crude oil importers, as well as news of successful...

Titan offers a window to LNG power

Liquified natural gas (LNG) supplier Titan LNG has launched a price overview of LNG as a marine fuel looking at prices in the key...

Research fund proposal receives mixed response from IMO delegates

A generally positive response to the broad idea of establishing an industry research & development body was tempered by legal concerns, including financial considerations...

Pfizer potential coronavirus vaccine pushes up bunker prices

Oil and fuel prices rose this week after Pfizer announced that its vaccine would be more than 90% effective for the coronavirus, according to...

EU mulls banning scrubber technology

The European Parliament’s Environmental Committee has advised that Europe should phase out the use of open loop scrubbers and restrict the discharge of scrubber...

Bearish signs overwhelm fuel market

The global fuel market continues to focus on the important issues of rising US inventories, increased oil supply from Libya, and the second Covid-19...

MABUX expects no oil market balance in 2020

High uncertainties about Covid-19 and the economic recovery continue to weigh on the fuel market and bunker prices, according to the courtesy of MABUX,...

Oil market uncertainty remains while fuel prices are stable

With Covid-19 rising in many large oil markets uncertainty about the future of oil’s fundamentals remains unusually high, according to  Marine Bunker Exchange (MABUX),...

EU ETS’ inclusion worries BIMCO

Baltic and International Maritime Council (BIMCO) is concerned that the inclusion of shipping in the European Union (EU) Emissions Trading Scheme (ETS) will inhibit...

Fuel prices still deter scrubber installations

Oil has been trading in a narrow range in the low US$40 more or less since July after the market began to worry that...

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