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If You Want to Make Money, Your Ships Need to be Fuel-Efficient, Says Analyst

If You Want to Make Money, Your Ships Need to be Fuel-Efficient, Says Analyst

"The shipping industry is no longer just about rates. It's also about who can cut costs more effectively."
  1. 22Sep
    In this week's industry spotlight we reflect on how innovation, efficiency and the green agenda were dominating themes at this defining industry event. Read in Full
  2. 22Sep
    Shifts in demand mean refineries must upgrade to produce more valuable products or shut down. Read in Full
  3. 22Sep
    "The Coast Guard will continue to conduct enforcement operations." Read in Full
  4. 22Sep
    Three terminals to be built along Finnish coastline. Read in Full
  5. 22Sep
    Increased bunker costs hit margins at Hellenic Carriers Ltd. Read in Full

Bunker Prices See All Bunker Prices

IFO380 IFO180 LS380 MGO
$/mt +/- $/mt +/- $/mt +/- $/mt +/-
Singapore 572.00 3.00 581.50 7.50 659.50 0.00 835.00 4.50
Rotterdam 541.50 1.50 569.50 4.50 558.50 1.50 816.50 1.00
Houston 563.50 2.00 660.00 1.00 605.50 0.50 929.50 2.00
Fujairah 580.00 12.00 622.50 8.00 730.00 0.00 977.50 0.00
Istanbul 576.50 5.50 601.00 8.00 - 889.00 2.00
Piraeus 563.50 2.50 590.50 3.00 618.00 2.00 859.00 0.00
Hong Kong 582.50 2.00 591.00 0.50 - 857.00 0.50
Santos 562.50 2.00 583.50 1.50 570.50 3.00 981.50 0.00
St Petersburg 393.50 0.00 436.50 0.00 432.00 0.00 759.50 0.00
Balboa, Panama 570.00 0.00 672.00 0.00 668.50 0.00 976.00 0.00
LA / LB 575.00 0.00 642.50 3.50 767.50 0.00 936.50 0.00
Busan 601.50 2.00 622.50 0.00 679.00 0.00 878.00 2.00
Durban - 599.50 3.00 - 1007.00 43.00
Tokyo 609.50 0.00 620.00 0.00 - -
Cape Town - 624.00 5.00 - 893.00 12.50
Colombo 648.50 0.00 657.50 0.00 - 1060.00 0.00
Mumbai 600.00 0.00 - - 1160.00 0.00
Gibraltar 566.50 0.00 598.50 0.00 605.00 0.00 877.00 0.00