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380 centistoke (cSt) prices in Suez, Panama Canal and Houston recorded the most significant decreases in 2015 amongst the world's leading marine fuel hubs, according to Bunker Index price data.

In an analysis of the period spanning between December 31, 2014, and December 31, 2015, it was the port of Suez that saw the biggest drop in percentage terms, falling by 57.9 percent from $451.00 per tonne to $190.00 per tonne.

Houston was second with a decline of 54.4 percent, from $299.50 per tonne to $136.50 per tonne. It was closely followed by Panama Canal with a 52.6 percent reduction, from $317.50 per tonne to $150.50 per tonne.

In a comparison of the top 5 bunkering ports (Singapore, Fujairah, Rotterdam, Busan and Antwerp), it was the ARA region that recorded the biggest percentage decrease with price drops of 50.5 percent and 50.1 percent in Antwerp and Rotterdam respectively.

On average, bunker prices fell globally by 45.9 percent in 2015, according to data revealed earlier this week by Bunker Index. Between January and December, the worldwide 380 cSt average decreased by $269.38, from $587.15 per tonne, in a comparison with the prior-year period.

Please find a summary of the 380 cSt port data analysed below. Prices are in US$ per metric tonne.

Port	31 Dec 2014	31 Dec 2015	+/-($)	+/-(%)
Singapore	316.00	173.00	-143.00	-45.3
Fujairah	310.00	159.00	-151.00	-48.7
Rotterdam	275.50	137.50	-138.00	-50.1
Busan	348.50	191.50	-157.00	-45.1
Antwerp	280.00	138.50	-141.50	-50.5

Other key hubs:

Port	31 Dec 2014	31 Dec 2015	+/-($)	+/-(%)
Algeciras	314.00	163.00	-151.00	-48.1
Gibraltar	314.00	163.00	-151.00	-48.1
Hong Kong	334.00	193.00	-141.00	-42.2
Houston	299.50	136.50	-163.00	-54.4
Las Palmas	325.00	171.00	-154.00	-47.4
Los Angeles	342.00	192.50	-149.50	-43.7
New York	307.50	169.50	-138.00	-44.9
Panama Canal	317.50	150.50	-167.00	-52.6
Piraeus	302.00	158.00	-144.00	-47.7
Suez	451.00	190.00	-261.00	-57.9