Mon 2 Feb 2015, 08:56 GMT

Lowest monthly global bunker average since July 2009


Global bunker average falls for the seventh consecutive month.



The Bunker Index (BIX) global monthly average fell to its lowest level since July 2009 during the month of January, according to Bunker Index price data.

The worldwide bunker average plummeted $65.54, or 11.7 percent, to $494.61 per tonne last month, down from $560.15 per tonne in December. It is the second most significant monthly decline since June 2012.

Over the last four months alone, the global average has fallen $259.21, or 34.4 percent, from $753.82 to $494.61 per tonne.

In comparison with previous years, the January 2015 average is $293.24, or 37.2 percent, lower than the $787.85 per tonne average price recorded in January 2014 and $328.81, or 39.9 percent, below the $823.42 per tonne figure seen in January 2013.

Please find a table below outlining average monthly Bunker Index prices between April 2009 and January 2015.

Month BIX Average +/- ($) +/- (%)
Jan 2015 494.61 -65.54 -11.7 %
Dec 2014 560.15 -89.61 -13.8 %
Nov 2014 649.76 -50.57 -7.2 %
Oct 2014 700.33 -53.49 -7.1 %
Sep 2014 753.82 -15.61 -2.0 %
Aug 2014 769.43 -13.33 -1.7 %
Jul 2014 782.76 -11.05 -1.4 %
Jun 2014 793.81 +4.76 +0.6 %
May 2014 789.05 +0.09 +0.01 %
Apr 2014 788.96 -3.85 -0.5 %
Mar 2014 792.81 -0.82 -0.1 %
Feb 2014 793.63 +5.78 +0.7 %
Jan 2014 787.85 -5.72 -0.7 %
Dec 2013 793.57 +11.58 +1.5 %
Nov 2013 781.99 -9.31 -1.2 %
Oct 2013 791.30 -7.95 -1.0 %
Sep 2013 799.25 +2.96 +0.4%
Aug 2013 796.29 +5.44 +0.7%
Jul 2013 790.85 +4.29 +0.5%
Jun 2013 786.56 -0.05 -0.006%
May 2013 786.61 -4.64 -0.6%
Apr 2013 791.25 -25.71 -3.1%
Mar 2013 816.96 -27.77 -3.3%
Feb 2013 844.73 +21.31 +2.6%
Jan 2013 823.42 +19.38 +2.4%
Dec 2012 804.04 -6.05 -0.7%
Nov 2012 810.09 -23.85 -2.9%
Oct 2012 833.94 -19.14 -2.2%
Sep 2012 853.08 +20.09 +2.4%
Aug 2012 832.99 +47.42 +6.0%
Jul 2012 785.57 +10.62 +1.4%
Jun 2012 774.95 -70.59 -8.3%
May 2012 845.54 -43.51 -4.9%
Apr 2012 889.05 -13.09 -1.5%
Mar 2012 902.14 +28.38 +3.2%
Feb 2012 873.76 +24.73 +2.9%
Jan 2012 849.03 +30.85 +3.8%
Dec 2011 818.18 -16.64 -2.0%
Nov 2011 834.82 +20.21 +2.5%
Oct 2011 814.61 -5.29 -0.6%
Sep 2011 819.90 +0.52 +0.06%
Aug 2011 819.38 -15.42 -1.8%
Jul 2011 834.80 +11.61 +1.4%
Jun 2011 823.19 +1.11 +0.1%
May 2011 822.08 -24.57 -2.9%
Apr 2011 846.65 +46.40 +5.8%
Mar 2011 800.25 +71.17 +9.8%
Feb 2011 729.08 +62.34 +9.3%
Jan 2011 666.74 +29.67 +4.7%
Dec 2010 637.07 +20.86 +3.4%
Nov 2010 616.21 +16.06 +2.7%
Oct 2010 600.15 +27.50 +4.8%
Sep 2010 572.65 -7.99 -1.4%
Aug 2010 580.64 +9.87 +1.7%
Jul 2010 570.77 -4.84 -0.8%
Jun 2010 575.61 -15.48 -2.6%
May 2010 591.09 -0.58 -0.1%
Apr 2010 591.67 +24.99 +4.4%
Mar 2010 566.68 +17.45 +3.2%
Feb 2010 549.23 -18.82 -3.3%
Jan 2010 568.05 +17.30 +3.1%
Dec 2009 550.75 -6.44 -1.2%
Nov 2009 557.19 +28.72 +5.4%
Oct 2009 528.47 +19.19 +3.8%
Sep 2009 509.28 +13.79 +2.6%
Aug 2009 523.07 +40.41+8.4%
Jul 2009 482.66 -2.52 -0.5%
Jun 2009 485.18 +65.07 +15.5%
May 2009 420.11 +37.73 +9.9%
Apr 2009 382.38


For further details regarding Bunker Index regional and global indices, please click on the following link to our index summary page below.

http://www.bunkerindex.com/prices/indices.php


J-ENG 6UEC35LSGH hydrogen-fuelled engine unveiling. Japan Engine completes land-based testing of landmark hydrogen-fuelled engine for large vessels  

Hydrogen co-firing rate of at least 95% achieved during factory testing.

Aerial view of tanker vessel at sea. Ethanol edges into shipping’s fuel mix as methanol crossover eases adoption barriers  

Rising interest from cargo owners, shared technology with methanol and Brazilian production growth push ethanol beyond regional niche status.

AiP award ceremony for multi-purpose fuel tank and FGSS design. ABS grants Hanwha Ocean approval for dual-fuel tank enabling LNG-to-ammonia switch  

In-principle approval awarded for fuel tank and supply system enabling LNG carriers to convert to ammonia without replacement.

Lloyd's Register issues Factual Statement (FS) for PureMetrics CEMS. Lloyd's Register confirms suitability of Daphne Technology's emissions monitoring system  

Factual Statement validates the PureMetrics design for monitoring greenhouse gas emissions from marine engines.

IMO building with national flags. IMO issues shipboard biofuel blend checklist developed by IBIA  

Checklist for FAME-based biofuels formally incorporated into IMO document, supporting crews handling biofuel blends for the first time.

YM Weight naming ceremony. Yang Ming names fourth LNG dual-fuel container vessel YM Weight  

Newbuild features high-pressure dual-fuel main engines capable of running on either LNG or low-sulphur fuel oil.

Bureau Veritas grants AiP to SDARI. Bureau Veritas grants AiP to SDARI’s LNG dual-fuel liquefied CO₂ carrier design  

Classification society approves 85,000-cbm vessel concept designed to support the growing carbon capture and storage sector.

Houston skyline at night. JuWonOil looking to strengthen with two Houston hires  

Texas-based firm is recruiting a marine lubricants sales executive and a marine fuels and distillates trader.

Lloyd's Register (LR), Seapeak, Kongsberg Maritime and Tunable JDP launch. Four firms partner to trial continuous emissions monitoring on LNG carrier  

LR, Seapeak, Kongsberg Maritime and Tunable will test onboard CO₂ monitoring against engine data and default emissions factors.

Bunker Holding logo. Bunker Holding reshuffles commercial leadership across brand portfolio  

Appointments announced across KPI OceanConnect, Glander International Bunkering and its digital sales operations.