World News
Integr8 Fuels Launches Bunker Procurement App
Bunker trader Integr8 Fuels has launched a marine fuel procurement mobile app, the company said Friday.
The app features bunker prices, news and research and allows buyers to submit enquiries and receive firm quotes, a spokesman for the company said by email.
The app uses the ENGINE bunker platform as the basis for its procurement system, according to the company's website.
A range of companies have recently been attempting to modernise how bunker trading works by introducing more digital processes to improve speed and efficiency.
The COVID-19 pandemic is likely to accelerate this trend, with greater need for digital services with many market participants no longer working from their normal office.
The app is available here: https://integr8fuels.com/mobile-app/.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 565.50 | 4.50 | 678.50 | 4.50 |
| Rotterdam | 512.00 | 3.50 | 676.00 | 9.00 |
| Houston | 552.00 | 3.00 | 682.00 | 4.00 |
| Fujairah | 555.50 | 7.50 | 753.00 | 1.50 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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