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  

Eleven Energy logo. Eleven Energy recruiting trader for new Singapore office  

Saudi bunkering firm looking to hire in Asian city-state ahead of planned January 2027 start date.

Singapore skyline. VPS advertises for bunker surveyor role in Singapore  

Testing and inspection firm seeks candidate to conduct bunker fuel surveys under Singapore Standards SS 648 and SS 600.

RCL vessels naming ceremony. RCL names first three of eight dual-fuel-ready 4,488-TEU vessels in China  

Regional Container Lines takes delivery of Anitta Bhum on day of naming ceremony.

Peak Skarv 4 vessel. Skarv Shipping completes newbuilding programme with delivery of ammonia-ready Peak Skarv 4  

Short-sea operator takes delivery of fourth vessel from Huanghai Shipyard, with ammonia-fuelled vessel next.

Diamond Gas Nexus vessel. NYK names dual-fuel LNG carrier for Cameron LNG project  

New vessel to support LNG transportation for US project in which Mitsubishi Corporation and NYK participate.

ULSTEIN SX222 offshore wind vessel render. PaxOcean signs design contract with Ulstein for methanol-ready offshore wind vessel  

PaxOcean and Ulstein agree design contract for an SX222 service operation vessel, prepared for methanol and electric operations.

NYK and IMO officials. NYK shares two years of ammonia-fuelled tugboat data with IMO  

Shipping company presents operational insights from Sakigake and updates on its ammonia-fuelled gas carrier at IMO session.

Type approval test (TAT) for H35CDF engine. HD Hyundai completes type approval test for new LNG dual-fuel engine  

Latest HiMSEN engine is claimed to offer reduced methane slip compared with previous models.

Flag of Brazil. Petrobras resumes bunkering operations at Rio Grande Terminal after power restoration  

Brazilian supplier restarts marine fuel supply after completing an inspection following an electricity outage.

Stena E-Flexer vessel render. Stena RoRo orders battery-ready E-Flexer 2.0 ferries from Chinese yard  

Vessels include diesel engines capable of running on biodiesel and are methanol-ready.