Tue 14 Apr 2009 09:04

Bunker Index launches Global Bunker Index (Press Release)


Average Global Bunker Price (AGBP) launched for all fuel grades on the Bunker Index website.



Bunker Index is pleased to announce the launch of the Global Bunker Index (AGBP), the new worldwide benchmark pricing service for the marine fuel industry.

Launched today, the Global Bunker Index (AGBP) is calculated as the Average Global Bunker Price (AGBP) for all fuel grades at all ports published on the Bunker Index website. The price will be published on a daily basis at the following times:

16:00 GMT (Greenwich Mean Time) / UCT/UTC (Universal Coordinated Time)
17:00 BST (British Summer Time) / WET (Western European Time)
18:00 CET (Central European Time)
19:00 EET (Eastern European Time)
11:00 EST (Eastern Standard Time)
08:00 PST (Pacific Standard Time)

The latest Global Bunker Index prices will be posted on the home page of Bunker Index for both subscribers and non-subcribers with a full summary available at the following location: Global Bunker Index Summary Page to subscribers only.

For a full list of the ports covered by the Global Bunker Index Service, please click on the following regional links: Africa ¦ Asia ¦ Latin America ¦ Middle East ¦ North America ¦ North Europe ¦ South Europe.

Further details regarding the Bunker Index price methodology are available at the following location: Price Methodology.

Please contact us on +44 1695 571 540 or email us at feedback@bunkerindex.com for enquiries regarding the Bunker Index Subscription Service. Details are also available at the following address: www.bunkerindex.com/subscribe.php

Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.

Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.

Bunker Holding's executive management team, from left to right: CCO Anders Grønborg,  COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.

Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.


↑  Back to Top