Thu 16 Apr 2009, 09:01 GMT

Bunker Index launches NWE Bunker Index (Press Release)


New marine fuel benchmark prices for North West Europe are launched.



Bunker Index is pleased to announce the launch of the NWE Bunker Index (ABP), the new marine fuel pricing benchmark for North West Europe (NWE).

Launched today, the NWE Bunker Index (ABP) is calculated as the Average Bunker Price (ABP) for all fuel grades at the ports of Antwerp, Bergen, Copenhagen, Falmouth, Gdansk, Gothenburg, Great Belt, Hamburg, Helsinki, Kaliningrad, Klaipeda, Riga, Rotterdam, St. Petersrburg and Tallinn.

Also, launched today is the NWE IFO 380 Index (ABP), NWE IFO 180 Index (ABP), NWE MDO Index (ABP) and NWE MGO Index (ABP) - the average bunker price assessments in North West Europe for 380-centistoke, 180-centistoke, marine diesel oil (MDO) and marine gasoil (MGO) respectively.

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

12:00 GMT (Greenwich Mean Time) / UCT/UTC (Universal Coordinated Time)
13:00 BST (British Summer Time) / WET (Western European Time)
14:00 CET (Central European Time)
15:00 EET (Eastern European Time)
07:00 EST (Eastern Standard Time)
04:00 PST (Pacific Standard Time)

Subscribers to Bunker Index will be able to view a full summary of the NWE Bunker Index price assessments at the following location: NWE 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


MAmmoSS graphic. Mitsubishi Shipbuilding receives order for ammonia fuel handling system  

MAmmoSS system will support shop testing of ammonia marine engines from two licensors.

Neoliner Origin vessel. Kongsberg Maritime to lead EU Horizon project targeting wind-assisted propulsion at scale  

A 15-partner European consortium will use two full-scale vessel demonstrators to validate wind propulsion technology.

Petrobras logo. Petrobras warns of extended MGO and VLSFO supply suspension at Port of Itaqui  

Fuel distributor announces pipeline maintenance shutdowns affecting both MGO and VLSFO supply.

Richard Berkling, PowerCell Group. PowerCell secures SEK 50m marine fuel cell order for two liquid hydrogen cargo ships  

Swedish fuel cell maker wins contract to power two North Sea hydrogen vessels by 2028.

Wärtsilä hydrogen engine. MatH2 consortium launched to tackle hydrogen materials barriers  

New Finnish-led alliance targets materials compatibility challenges holding back hydrogen adoption.

CMA CGM Berenice vessel. CMA CGM takes delivery of fifth methanol dual-fuel boxship in series from Jiangnan Shipyard  

15,000-teu vessel is the penultimate ship in a six-vessel series due for completion in September.

VeriSphere logo. VPS launches VeriSphere Webshop in push to digitise marine fuel services  

Veritas Petroleum Services unveils self-service digital platform giving customers direct access to fuel data tools.

Titus vessel. ExxonMobil and Wallenius Wilhelmsen complete first trial of biofuel blend made from FAME distillation residue  

Vehicle carrier bunkered in Zeebrugge with B30 VLSFO blend.

Chimbusco and Shenergy green methanol agreement signing. 'China’s largest single-order green methanol procurement deal' announced  

Chimbusco and Shenergy seal agreement for 6,000 tonnes of methanol.

Moriond vessel. Exmar takes delivery of third dual-fuel LPG midsize gas carrier in newbuild programme  

Belgian shipping group Exmar takes delivery of the 41,000-cbm LPG carrier Moriond.