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PUBLISHER: Container News (www.container-news.com)

The Marine Bunker Exchange (MABUX) World Bunker Index showed a moderate upward evolution in the sixth week of the year, with the 380 high-sulphur fuel oil (HSFO) index rising to US$573.92/MT, and the very low sulphur fuel oil (VLSFO) index growing even more to US$732.43/MT.

At the same time, the marine gasoil (MGO) index was also increased to US$858.58/MT, which means that, in general, global bunker fuel prices continued to rise, following the upward trend in the global oil market.

The global scrubber spread (SS) weekly average, showing the difference in price between 380 HSFO and VLSFO, reached US$156, while the average SS spread in Rotterdam widened to US$163.67. The highest growth of the SS spread average, however, was registered in Singapore to US$189.50.

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