Americas News

Mabanaft Starts Trading Distillates from Houston

by Ship & Bunker News Team

Friday September 7, 2018

Hamburg-based Mabanaft is now trading distillates from new offices in Houston, a company spokesman has told Reuters.

The new U.S. operations began last month.

Among a variety of activities in the fields of energy supply, trading, and logistics, Mabanaft has a physical presence in the bunker industry through Bomin and Matrix Marine.

A global 0.50% sulfur cap on marine fuel from January 1, 2020 is expected to drive a significant uptake of distillates by the marine shipping industry.

Ship & Bunker News Team
To contact the editor responsible for this story email us at editor@shipandbunker.com

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	VLSFO		MGO
	$/mt	+/-	$/mt	+/-
Houston	619.50	11.00	787.50	9.00
Singapore	645.50	3.50	771.50	1.50
Rotterdam	600.50	2.00	759.50	2.50
Fujairah	642.50	6.00	895.00	5.00
Americas Average	762.50	4.50	929.00	3.00
Global 20 Ports Average	662.00	4.00	851.00	5.00
Global 4 Ports Average	627.00	5.50	803.50	3.50
Global Average Bunker Price	714.50	1.00	890.50	2.50

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Americas News

Mabanaft Starts Trading Distillates from Houston

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