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  

Heinrich Wegener & Sohn Bunkergesellschaft m.b.H. logo. Heinrich Wegener & Sohn joins Global Ethanol Association  

German family-owned bunker firm joins industry body to support ethanol and methanol adoption.

Keel-laying ceremony of vessel with builder's hull no. CHB2048. Second MSC ultra-large LNG dual-fuel boxship enters dry dock at Zhoushan  

Changhong International's Daishan Base receives 19,000-teu container vessel built for MSC.

175,000-cbm LNG carrier vessel render. Deal signed to build four LNG-fuelled gas carriers  

Quartet of 175,000-cbm LNG vessels destined for Shell charter.

Launching ceremony of MSC Leticia X vessel. Changhong International launches LNG container ships and tankers for MSC and Navios  

Chinese shipbuilder launches four vessels in the space of days, spanning LNG container ships and oil tankers.

Norsepower and CHIC signing. Norsepower and Cosco unit sign R&D agreement to advance rotor sail development  

Finnish wind propulsion firm and Chinese manufacturer deepen ties with dedicated research and development pact.

Andrés Galnares and Gorka Hermoso, H2SITE. H2SITE closes Series B round above €42m to scale hydrogen membrane technology  

Fresh capital secured as firm targets large-scale industrial deployment and expansion into Asian markets.

Mitsubishi Heavy Industries (MHI) logo. MHI study points to cost reduction potential in India-to-Singapore green ammonia value chain  

Mitsubishi Heavy Industries analysis finds value chain optimisation could cut green ammonia costs.

YM Wayfinder naming ceremony. Yang Ming names third LNG dual-fuel boxship for Asia–North Europe service  

YM Wayfinder joins two sister vessels already operating on LNG on the FE3 route.

Milind Homkar, Flex Commodities. Flex Commodities appoints Milind Homkar as trade controller  

Dubai-based trader brings in finance and audit specialist to lead trade control function.

Launching ceremony of Kypros Island vessel. Safe Bulkers launches first methanol dual-fuel bulk carrier at Chinese shipyard  

Greek dry bulk operator launches first methanol-powered vessel as part of its fleet renewal programme.