Averages

Global Average Bunker Prices

Port Name IFO380 IFO180 MGO
Global 20 Ports Average 322.00 1.50 345.00 1.50 529.00 0.50 May 24
Global 4 Ports Average 311.00 2.50 356.00 4.00 496.50 0.50 May 24
Global Average Bunker Price 349.00 1.50 361.00 2.00 597.50 0.50 May 24

Regional Average Bunker Prices

Port Name IFO380 IFO180 MGO
APAC Average 354.50 1.50 362.00 1.00 625.50 0.50 May 24
Americas Average 341.50 3.00 371.50 4.00 602.00 0.50 May 24
EMEA Average 357.00 1.00 345.00 2.00 557.50 1.50 May 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 vast majority 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.