Sign up
Log in Sign up
Wed 15 Apr 2009, 09:02 GMT

Bunker Index launches Med IFO 180 Index (Press Release)


New 180-centistoke pricing benchmark for the Mediterranean is launched.

Bunker Index is pleased to announce the launch of the Med IFO 180 Index (ABP), the new pricing benchmark for 180-centistoke (cst) marine fuel in the Mediterranean.

Launched today, the Med IFO 180 Index (ABP) is calculated as the Average Bunker Price (ABP) for 180-centistoke (cst) fuel at the ports of Algeciras, Augusta, Ceuta, Fos, Genoa, Gibraltar, Istanbul, Limassol, Off Malta and Piraeus.

Med IFO 180 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 IFO 180 Index prices at the following location: Med IFO 180 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

Launch  
Valiant Lady connected to the shore power system. Portsmouth International Port makes first commercial shore power connection with cruise ship  

Virgin Voyages’ Valiant Lady plugs into Portsmouth International Port’s shore power system, with two ships connected simultaneously.
Philippos Ioulianou, EmissionLink. EmissionLink calls for fairer EU ETS expansion and greater reinvestment in maritime decarbonisation  

Emissions compliance specialist warns that broader coverage alone will not deliver practical decarbonisation.
Peninsula and Evos logo. Peninsula and Evos sign MoU to develop biofuel storage at Algeciras terminal  

Partnership aims to develop up to 60,000 cbm of dedicated biofuel storage capacity at the Strait of Gibraltar.
Bow Tanaka vessel. Odfjell names chemical tanker with wind-assisted propulsion at Japanese yard  

40,000-dwt stainless-steel supersegregator is claimed to improve energy efficiency by up to 50%.
Hong Kong skyline. Towngas calls for Hong Kong 'Energy Office' and green certification hub in five-year plan proposals  

Hong Kong’s gas utility submits eight-point plan to shape the city’s energy future to 2030.
Malik Supply logo. Malik Supply seeks bunker trader for Dubai office expansion  

Danish firm looking for experienced professionals with a minimum of two years in bunker trading.
Greenergy River vessel. NYK joint venture names first China-built dual-fuel LNG carrier in six-vessel CNOOC series  

174,000-cbm vessel uses both fuel oil and boil-off gas as fuel.
Steve Esau, Sea-LNG. Anew Climate joins SEA-LNG coalition to advance bio-LNG adoption in the maritime sector  

North American low-carbon fuels company brings liquefied biomethane supply to the coalition.
Na Hiro E Pae vessel. Wind propulsion breaks new ground on French Polynesian multipurpose vessel  

Bound4blue installs its eSAIL on what is believed to be the world’s first multipurpose vessel fitted with wind propulsion.
Levante LNG vessel. Peninsula outlines case for bio-LNG as near-term emissions pathway for LNG-fuelled vessels  

Company says bio-LNG offers operators a practical route to emissions cuts using existing infrastructure.




   Fuels & Propulsion

Ammonia B100 B24 B30 Bio-LNG/LBM Biofuel Biogas Biomethanol Dual-fuel E-fuel E-methane/e-NG E-methanol Electric Ethanol FAME Green hydrogen Green/e-ammonia HVO Hydrogen LNG LPG Lubes Methanol MGO Nuclear UCOME ULSFO VLSFO Wind



 Recommended