PUBLISHER: Container News (www.container-news.com)
The Marine Bunker Exchange (MABUX) World Bunker Index has remained at stable levels and did not show any significant changes on week 4.
The 380 HSFO index rose to US$545.80/MT and the VLSFO index grew marginally to US$695.54/MT, while the MGO index increased to US$825.01/MT, showing that after solid growth in the first three weeks of the new year, the pace of the uptrend in bunker prices has slowed down.
The Global Scrubber Spread (SS) weekly average, which is the difference in price between 380 HSFO and VLSFO, showed a moderate growth to US$150.99.