Sign up
Log in Sign up
Wed 15 Apr 2009 08:48

Bunker Index launches Med Bunker Index (Press Release)


New marine fuel pricing benchmark for the Mediterranean is launched.

Bunker Index is pleased to announce the launch of the Med Bunker Index (ABP), the new marine fuel pricing benchmark for the Mediterranean.

Launched today, the Med Bunker Index (ABP) is calculated as the Average Bunker Price (ABP) for all fuel grades at the ports of Algeciras, Augusta,Ceuta,Fos, Genoa, Gibraltar, Istanbul, Limassol, Off Malta and Piraeus.

Med Bunker Index prices will be published on a daily basis at the following times:

12:30 GMT (Greenwich Mean Time) / UCT/UTC (Universal Coordinated Time)
13:30 BST (British Summer Time) / WET (Western European Time)
14:30 CET (Central European Time)
15:30 EET (Eastern European Time)
07:30 EST (Eastern Standard Time)
04:30 PST (Pacific Standard Time)

Subscribers to Bunker Index will be able to view a full summary of the Med Bunker Index prices at the following location: Med Bunker Index Price Summary

Further details regarding the Bunker Index price methodology are available at the following url address: www.bunkerindex.com/prices/methodology.php.

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

Legend of the Seas main engine startup. Meyer Turku starts first main engine on Legend of the Seas cruise ship  

Finnish shipbuilder fires up Wärtsilä engine ahead of 2025 Royal Caribbean delivery.
Malik Energy Leadership Development Programme group photo. Malik Energy launches internal leadership development programme  

Marine fuel supplier rolls out training initiative for managers across its supply and energy divisions.
Tom Wolodarsky, Lloyd’s Register and Hermen de Jong, Rondal. Rondal's Aero Wing Sail receives Lloyd's Register approval in principle  

Classification society grants AiP for rigid wing-sail concept designed for large yacht applications.
Stena Futura Naming Ceremony. Stena Line names methanol-ready hybrid ferry at Belfast ceremony  

Ferry operator marks 30 years in Belfast with £100m investment in freight vessels.
Vessels berthed at Fujairah storage terminal. Fujairah oil terminals add MLA securing requirement in latest revision  

Port updates pre-arrival documentation to address marine loading arm vibration during operations.
Singapore skyline with Merlion and central business district. Singapore awards three methanol bunkering licences from 2026  

Maritime and Port Authority selects suppliers from 13 applicants for five-year licensing period.
Graphic announcing sectoral action on black carbon. Clean Arctic Alliance calls for Arctic states to submit polar fuels proposal by December 5 deadline  

Environmental group urges IMO member states to act on black carbon emissions following COP30 announcement.
$35M Retrofit Fund Illustration. GCMD closes world's first pay-as-you-save vessel retrofit fund at $35 million  

Fund links repayments to verified fuel savings, offering unsecured leases to overcome financing barriers.
Benny Hilström, WinGD. Where next for LNG fuel after IMO carbon pricing pause?  

WinGD’s Benny Hilström examines what lies ahead for LNG as a marine fuel.
Aasvaer Vessel. Wärtsilä secures sixth hybrid propulsion order from Aasen Shipping for bulk carrier series  

Norwegian shipowner orders integrated system for 9,500 DWT vessel under construction at Royal Bodewes.




 Recommended