Mon 23 Mar 2015, 11:29 GMT

Bunker Index (BIX) price summary: week 12


Global bunker prices fall for the third week in a row.



The Bunker Index (BIX) - the daily average global bunker price quoted in US$ per metric tonne - declined by $14.73 per tonne, or 2.9 percent, during the seven-day period between March 13 and March 20, according to Bunker Index price data.

The end-of-week global price was $499.26 per tonne on March 20 compared to $513.99 per tonne on March 13. It is the third successive week that the global bunker average has fallen.

Meanwhile, the worldwide 380 centistoke (cSt) average, the BIX 380, decreased by 3.3 percent in week 12 to $350.50 per tonne, down from $362.51 on March 13.

The BIX MGO - the global marine gas oil (MGO) average - fell by $16.12, or 2.3 percent, to $698.49 per tonne last week in comparison with the end-of-week price of $714.61 per tonne recorded on March 13.

Please find a summary of end-of-week BIX prices below (in US$ per tonne).

Bunker Index (BIX):

20/03 (Week 12) - 499.26 (-14.73, -2.9%)
13/03 (Week 11) - 513.99 (-11.94, -2.3%)
06/03 (Week 10) - 525.93 (-7.04, -1.3%)
27/02 (Week 9) - 532.97 (+2.15, +0.4%)
20/02 (Week 8) - 530.82 (+10.17, +2.0%)
13/02 (Week 7) - 520.65 (+11.24, +2.2%)
06/02 (Week 6) - 509.41 (+31.65, +6.6%)
30/01 (Week 5) - 477.76 (-5,69, -1.2%)
23/01 (Week 4) - 483.45 (-5.42, -1.1%)
16/01 (Week 3) - 488.87 (-17.54, -3.5%)
09/01 (Week 2) - 506.41 (+19.64, +3.7%)
02/01 (Week 1) - 526.05

Bunker Index 380 CST (BIX 380):

20/03 (Week 12) - 350.50 (-12.01, -3.3%)
13/03 (Week 11) - 362.51 (-10.67, -2.9%)
06/03 (Week 10) - 373.18 (-3.94, -1.0%)
27/02 (Week 9) - 377.12 (-0.14, -0.04%)
20/02 (Week 8) - 377.26 (+12.32, +3.4%)
13/02 (Week 7) - 364.94 (+17.14, +4.9%)
06/02 (Week 6) - 347.80 (+41.38, +13.5%)
30/01 (Week 5) - 306.42 (-1.74, -0.6%)
23/01 (Week 4) - 308.16 (-4,94, -1.6%)
16/01 (Week 3) - 313.10 (-16.24, -4.9)
09/01 (Week 2) - 329.34 (-27.83, -7.8%)
02/01 (Week 1) - 357.17

Bunker Index MGO (BIX MGO):

20/03 (Week 12) - 698.49 (-16.12, -2.3%)
13/03 (Week 11) - 714.61 (-15.61, -2.1%)
06/03 (Week 10) - 730.22 (-12.11, -1.6%)
27/02 (Week 9) - 742.33 (+5.57, +0.8%)
20/02 (Week 8) - 736.76 (+6.79, +0.9%)
13/02 (Week 7) - 729.97 (+3.00, +0.4%)
06/02 (Week 6) - 726.97 (+21.59, +3.1%)
30/01 (Week 5) - 705.38 (-12.62, -1.8%)
23/01 (Week 4) - 718.00 (-16.84, -2.3%)
16/01 (Week 3) - 734.84 (-14.82, -2.0%)
09/01 (Week 2) - 749.66 (-29.19, -3.7%)
02/01 (Week 1) - 778.85

MGO  

Singapore waterfront skyline. Uni-Fuels seeks bunker trader in Singapore as Nasdaq-listed firm expands team  

Role includes managing end-to-end transactions, identifying opportunities and optimizing margins.

Dubai skyline. BlackCoral Energy seeks junior bunker trader for Dubai office  

Bunker firm targets fresh graduates and early-career professionals.

Mazlum Unutmaz, Christiania Energy. Christiania Energy appoints bunkers and lubricants specialist in Denmark  

Mazlum Unutmaz joins the Danish firm’s global bunker pool operations team in Odense.

Aerial view of the Dubai skyline. Peninsula seeks junior cargo trader for Dubai supply and trading role  

Marine fuels supplier Peninsula is recruiting a junior cargo trader in Dubai to manage procurement and supply.

Tema Maersk vessel. Maersk names third midsized dual-fuel vessel at Chinese shipyard  

Tema Maersk joins fleet following the addition of Tangier Maersk and Tauranga Maersk.

WinGD 12X92DF engine. WinGD’s X-DF dual-fuel engine passes 1,000 orders  

Swiss manufacturer reaches milestone 13 years after commercial launch of engine.

Vectis Progress vessel. GT Wings gains RINA approval for wind propulsion performance assessment tool  

RINA has granted approval in principle for a new tool assessing GT Wings’ AirWing Jet Sail system.

Aderco 2055G+ programme graphic. Aderco launches 2055G+ programme linking fuel treatment to verified carbon credits  

Aderco's new programme connects fuel additive technology with verified emissions data and Gold Standard carbon credits.

American Bureau of Shipping (ABS) logo. ABS introduces nuclear-ready notation for marine and offshore assets  

The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.

AiP handover ceremony for NEXTGEN Energy Hub (NGEH) design. ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design  

The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.