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


Monjasa Oil & Shipping Trainee (MOST) trainees. Monjasa opens applications for global trainee programme  

Marine fuel supplier seeks candidates for MOST scheme spanning offices from Singapore to New York.

Singapore's first fully electric harbour tug. Singapore's first fully electric tug completes commissioning ahead of April deployment  

PaxOcean and ABB’s 50-tonne bollard-pull vessel represents an early step in harbour craft electrification.

Fuel for thought: Hydrogen report cover. Lloyd's Register report examines hydrogen's potential and challenges for decarbonisation  

Classification society highlights fuel's promise alongside safety, infrastructure, and cost barriers limiting maritime adoption.

Bureau Veritas and Straits Bio-LNG sign MoU. BV Malaysia partners with Straits Bio-LNG on sustainable biomethane certification  

MoU aims to establish ISCC EU-certified biomethane production and liquefaction facility in strategic alliance.

Molgas Energy logo. Molgas becomes non-clearing member at European Energy Exchange  

Spanish energy company joins EEX as it expands European operations and strengthens shipper role.

Yiannis Diamandopoulos, Elinoil. Diamandopoulos appointed CEO of Elinoil as Aligizakis becomes chairman  

Greek marine lube supplier announces leadership changes following board meeting on 5 January.

Sustainable Marine Fuel Services webinar hosted by BV graphic. Bureau Veritas to host webinar on sustainable marine fuel transition challenges  

Classification society to address regulatory compliance, market trends, and investment strategies in February online event.

Inchcape Shipping Services logo. Inchcape to provide bunkering services from new Indonesian offices  

Port agency establishes presence in key bulk and tanker operation hubs handling 150 calls annually.

CPN launch of B100 marine biodiesel supply in Hong Kong graphic. Chimbusco Pan Nation launches B100 biodiesel supply in Hong Kong  

Bunker tanker Guo Si becomes Hong Kong's first Type II certified vessel for pure biodiesel operations.

Vox Apolonia vessel. Van Oord completes Dutch beach replenishment using 100% bio-LNG  

Dredger Vox Apolonia deposited 1 million cbm of sand at Noord-Beveland beach under Coastline Care programme.





 Recommended