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 | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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