Averages

Global Average Bunker Prices

Port Name VLSFO MGO IFO380 BIO
Global 20 Ports Average 552.50 1.00 751.00 4.00 490.50 1.50 - Mar 24
Global 4 Ports Average 515.50 0.00 675.50 4.50 456.00 1.00 784.50 2.00 Mar 24
Global Average Bunker Price 597.50 0.50 781.50 2.50 507.50 0.50 - Mar 24

Regional Average Bunker Prices

Port Name VLSFO MGO IFO380 BIO
APAC Average 598.00 1.00 780.00 0.00 498.00 2.00 - Mar 24
Americas Average 651.00 2.00 826.00 1.00 541.00 0.50 - Mar 24
EMEA Average 554.00 4.00 742.00 5.50 488.50 3.50 - Mar 24

About Ship & Bunker Average Bunker Prices

All prices are quoted in USD $ per metric tonne.

Global Average Bunker Price is the linear average of all Ship & Bunker price indications for each fuel grade on a given day.

Global 4 Ports Average is, for each grade of fuel, the linear average of Singapore, Rotterdam, Fujairah, and Houston, which together represents approximately 25% of global bunker volumes.

Global 20 Ports Average is, for each grade, the linear average of the following 20 major global bunkering ports, that together are responsible for a significant proportion of global volumes: Busan, Colombo, Durban, Fujairah, Gibraltar, Hong Kong, Houston, Istanbul, LA/Long Beach, Las Palmas, Mumbai, New York, Panama, Piraeus, Rotterdam, Santos, Shanghai, Singapore, St Petersburg, Tokyo.