Mon 18 May 2015, 11:55 GMT

BIX MGO price summary: week 20


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 $4.98 per tonne, or 0.7 percent, during the seven-day period between May 8 and May 15, according to Bunker Index price data.

The global price was $732.25 per tonne on May 15 compared to $727.27 per tonne on May 8. It is the highest end-of-week price since February 27 and represents the fifth consecutive weekly increase.

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):

15/05 (Week 20) - 732.25 (+4.98, +0.7%)
08/05 (Week 19) - 727.27 (+8.56, +1.2%)
01/05 (Week 18) - 718.71 (+9.40, +1.3%)
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  

China flag. Zhejiang’s first methanol-powered container ship launches in Jiaxing  

Vessel uses methanol propulsion technology to reduce carbon dioxide emissions by 90%.

TES flag with a model vessel in the background. TES joins SEA-LNG coalition to advance e-methane as marine fuel  

Green energy company targets 1m tonnes annual e-methane production by 2030 for shipping decarbonisation.

Ethanol and methanol workshop graphic. IBIA to host workshop on ethanol and methanol marine fuels during Singapore Maritime Week  

Half-day event will examine alcohol-based fuel pathways and integration into shipping’s multi-fuel landscape.

Steel-cutting ceremony for 13,000-dwt vessel. ROC begins construction of second chemical tanker for Essberger  

Chinese shipbuilder holds steel-cutting ceremony for 13,000-dwt methanol-ready vessel with ice class capability.

Norsepower and CHIC sign agreement. Norsepower and Cosco Shipping Heavy Industry Equipment sign wind propulsion cooperation agreement  

Wind propulsion technology provider partners with Chinese shipyard to scale rotor sail production.

Wärtsilä logo. Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds  

Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

IMT Isca G-Flex vessel render. Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability  

Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

Philippos Ioulianou, EmissionLink. Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink  

Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

Maritime and Port Authority of Singapore logo. Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels  

MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.

Aerial photograph of Zhoushan Island. China exports first domestically blended biofuel for marine use from Zhoushan  

A vessel carries 2,600 tonnes of biofuel blend to Qingdao Port for international ship refuelling.