Sign up
Log in Sign up
Fri 30 Jan 2015, 10:33 GMT

Fujairah 380 cSt average plummets 20.4% in January


The 380 cSt average at the Middle East's leading bunker port has fallen 51.2% since September.

The average price of 380 centistoke (cSt) fuel oil in Fujairah plummeted $74 per tonne, or 20.4 percent, this month, according to Bunker Index price data.

The 380 cSt average at the Middle East's leading bunker port fell to $287 per tonne, down from $361 per tonne in December, during a month that saw Fujairah's best-selling fuel grade record a $60 low-to-high price range of $260 to $320 per tonne.

The January price is the lowest since April 2009 ($287 per tonne). It is also the seventh monthly decline in a row and the price drop over the last four months alone has been $301, or 51.2 percent.

Please find a table below outlining average monthly Fujairah 380 cSt prices between April 2008 and January 2015.

Month Average ($/mt) Low High
Jan 15 287 260.00 320.00
Dec 14 361 305.00 430.00
Nov 14 460 417.00 484.00
Oct 14 507 457.00 570.00
Sep 14 588 565.00 610.00
Aug 14 597 580.00 612.00
Jul 14 604 587.00 630.00
Jun 14 610 594.00 625.00
May 14 596 585.00 610.00
Apr 14 594 586.00 603.00
Mar 14 602 592.00 620.00
Feb 14 609 598.00 616.00
Jan 14 617 605.00 626.00
Dec 13 610 600.00 620.00
Nov 13 617 610.00 630.00
Oct 13 614 602.00 625.00
Sep 13 606 598.50 615.00
Aug 13 599 588.00 621.00
Jul 13 591 585.00 605.00
Jun 13 609 580.00 630.00
May 13 610 595.00 632.00
Apr 13 617 597.00 645.00
Mar 13 633 620.00 644.00
Feb 13 651 639.00 661.00
Jan 13 621 604.00 637.00
Dec 12 602 595.00 609.00
Nov 12 606 592.00 618.00
Oct 12 638 616.00 655.00
Sep 12 675 643.00 702.00
Aug 12 668 633.00 691.00
Jul 12 614 588.00 641.00
Jun 12 595 568.00 627.00
May 12 679 642.00 730.00
Apr 12 724 711.00 741.00
Mar 12 741 731.00 754.00
Feb 12 732 708.00 755.00
Jan 12 722 694.00 732.00
Dec 11 677 654.00 693.00
Nov 11 687 658.00 716.00
Oct 11 659 629.00 685.00
Sep 11 654 630.00 675.00
Aug 11 666 640.00 699.00
Jul 11 672 639.00 697.00
Jun 11 650 624.00 675.00
May 11 646 619.00 685.00
Apr 11 676 655.00 688.00
Mar 11 635 616.00 648.00
Feb 11 621 575.00 665.00
Jan 11 540 517.00 574.00
Dec 10 503 488.00 514.00
Nov 10 487 468.00 510.00
Oct 10 472 460.00 483.00
Sep 10 443 436.00 455.00
Aug 10 452 434.50 475.00
Jul 10 440 418.00 456.00
Jun 10 441 428.00 456.00
May 10 460 419.00 500.00
Apr 10 482 466.00 500.00
Mar 10 466 453.00 482.00
Feb 10 458 437.50 477.00
Jan 10 479 453.00 507.00
Dec 09 461 440.00 486.00
Nov 09 463 446.50 473.00
Oct 09 442 418.00 462.00
Sep 09 432 414.00 448.00
Aug 09 443 426.00 462.00
Jul 09 405 378.00 434.00
Jun 09 405 392.00 421.00
May 09 342 292.00 385.00
Apr 09 287 252.00 303.00
Mar 09 242 225.00 269.00
Feb 09 256 239.00 275.00
Jan 09 257 229.00 278.00
Dec 08 224 208.00 255.00
Nov 08 240 208.00 288.00
Oct 08 407 281.00 557.00
Sep 08 597 514.00 709.00
Aug 08 688 635.00 734.00
Jul 08 719 675.00 765.00
Jun 08 628 561.00 686.00
May 08 585 540.00 640.00
Apr 08 530 500.00 556.00
Everllence 8L51/60DF engine. German ferry operator TT-Line cuts CO2 emissions with bio-LNG switch  

TT-Line reports emissions reduction after operating two Baltic Sea ferries on bio-LNG throughout 2025.
CMA CGM vessel with bunker delivery tanker alongside. CMA CGM vessel completes record biomethanol bunkering in Yangshan  

Delivery marks first time a vessel in its fleet has operated on biomethanol.
Photograph of tanker valves. Pres-Vac highlights tanker valve compliance requirements for alternative fuels  

Company outlines regulatory standards and performance criteria for pressure-vacuum relief devices on methanol and ammonia vessels.
HD Hyundai and ABS joint development project ceremony for nuclear-powered electric propulsion systems. ABS and HD Hyundai partner on nuclear propulsion for container ships  

Classification society and South Korean shipbuilder to assess feasibility for 16,000-teu vessel.
Japan Engine Corporation (J-ENG) logo. Japan Engine Corporation extends ammonia engine licence to Akasaka Diesels  

J-ENG grants domestic partner rights to manufacture alternative-fuel engines for decarbonisation efforts.
Photograph of ship with overlaid encircled text of EU regulations. DNV to host webinar on FuelEU Maritime compliance strategies  

Classification society offers insights as first reporting period closes and verification phase begins.
Photograph of ship with overlaid text showing narrowing MGO-biodiesel price spread. Biodiesel–MGO price spread narrows to $400–500/mt in Northwest Europe  

Bunker One says tighter spread creates opportunities for shipping companies pursuing decarbonisation targets.
Graphic for webinar 'Exmar: preparing to sail using ammonia as a marine fuel'. Exmar to discuss ammonia-fuelled vessel operations in webinar  

Shipowner will explore safety measures and partnerships for new dual-fuel ammonia carriers.
Aerial view of a container vessel. Skuld reports engine damage from CNSL biofuel blends amid rising alternative fuel adoption  

Marine insurer details operational challenges with biofuels, including FAME, CNSL and UCOME across member vessels.
Graphic for Exmar webinar titled titled 'Exmar: preparing to sail using ammonia as a marine fuel'. Event date: 15 April 2026. GRM and Bunker Holding to host webinar on Middle East war's impact on energy markets  

Webinar on 9 March will examine effects on crude oil, bunker and gas markets.




 Recommended