World News
Shipergy Signs Strategic Partnership With General Index
Marine fuel procurement and trading firm Shipergy has signed a strategic partnership deal with price reporting agency General Index.
Under the deal Shipergy will provide daily pricing data for marine fuels to General Index, and in return will be able to provide General Index's benchmarks to customers through its platform, The Wave, the company said in an emailed statement on Wednesday.
"Our partnership with General Index is a pivotal development in our ongoing commitment to demystify marine fuel pricing," Daniel Rose, CEO of Shipergy, said in the statement.
"By integrating cutting-edge benchmarking into 'The Wave', we're equipping our clients with the data they need to make informed, strategic decisions in fuel procurement."
The announcement follows a similar deal General Index signed with Bunker Holding sister company BunkerEx in late 2022. That partnership is still continuing in addition to the new deal with Shipergy, a General Index representative told Ship & Bunker.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.