Mon 27 Apr 2015, 15:51 GMT

BIX MGO price summary: week 17


A summary of weekly global marine gas oil (MGO) prices.



The Bunker Index MGO (BIX MGO) - the worldwide daily marine gas oil (MGO) average quoted in US$ per metric tonne - rose by $3.64 per tonne, or 0.5 percent, during the seven-day period between April 17 and April 24, according to Bunker Index price data.

The end-of-week global price was $709.31 per tonne on April 24 compared to $705.67 per tonne on April 17. It is the second consecutive weekly increase and only the third in the last eight weeks.

Please find a summary of end-of-week BIX MGO prices below (in US$ per tonne) since the start of the year.

Bunker Index MGO (BIX MGO):

24/04 (Week 17) - 709.31 (+3.64, +0.5%)
17/04 (Week 16) - 705.67 (+11.96, +1.7%)
10/04 (Week 15) - 693.71 (-3.73, -0.5%)
03/04 (Week 14) - 697.44 (-6.77, -1.0%)
27/03 (Week 13) - 704.21 (+5.72, +0.8%)
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

To access the full Bunker Index MGO (BIX MGO) archive, please click on the following link below.

http://www.bunkerindex.com/prices/bixfree.php?priceindex_id=5

MGO  

Arctic Tern vessel. Wallenius Wilhelmsen takes delivery of first methanol-ready Shaper Class vessel  

The dual-fuel Arctic Tern will enter service on the Asia–Europe trade almost immediately.

Al Muraykh vessel. Hapag-Lloyd signs shore power agreement with Hamburg Port Authority  

Deal commits the carrier to using onshore power supply at all Hamburg terminals.

Dorthe Karin Bendtsen, KPI OceanConnect. KPI OceanConnect reports 21% rise in pre-tax earnings for 2025/26  

Marine fuel firm delivers 13 million tonnes and expands carbon markets capabilities amid geopolitical turbulence.

VTTI logo. VTTI Dalian completes first large-scale 'green methanol' vessel loading  

Cargo to be supplied as marine fuel in Shanghai.

Steff Tan, Oilmar. Oilmar appoints Steff Tan as marine fuels trader in Singapore  

New hire's background spans bunker operations, logistics, commercial trading, marketing, and business development.

Feng Da Hai vessel. Cosco Shipping adds methanol-ready bulk carrier Feng Da Hai to fleet  

The 64,000-tonne vessel is equipped with a methanol fuel system for future low-carbon operations.

Oilmar office in Dubai. Oilmar welcomes summer intern to Dubai branch  

Arpit Aryan will rotate across the bunker fuel trading, finance and operations departments.

Aerial view of the Dubai skyline. Oilmar takes on trading and finance intern in Dubai  

New intern to rotate across trading, operations and finance teams.

Seaspan and Maersk signing. Seaspan and Maersk deepen fleet efficiency collaboration with $75m upgrade programme  

Retrofit package for four 13,000-teu vessels includes installation of shaft generator to reduce auxiliary engine fuel consumption.

European Parliament building in Brussels. EU Parliament vote on soy biofuels could expose bloc to $5.6bn a year in trade sanctions  

MEPs reject regulation that would have phased out soy biofuels, risking WTO retaliation penalties.