Bunker fuel has become cheaper in major ports

Prices for bunker fuel have fallen significantly. At the same time, the cost of VLSFO marine fuel reached a minimum.

Prices for bunker fuel in most ports of the world have fallen. At the same time, average global prices for VLSFO for the week reached the lowest figures, Ship & Bunker analysts reported.

The G20-VLSFO index, which shows prices in the 20 leading bunker ports, fell by $6.5 per ton to $586.5 per ton.

So, in Rotterdam, VLSFO grade fuel is valued at $534 per ton ($6 less than previous figures). In Fujairah, prices fell by $10.5 per ton to $556/t. In Singapore, the grade dropped in price by $13.5 per ton to $572 per ton.

The G20 index for the HSFO fuel grade also fell by $6.5 per ton to $479.5 per ton. The G20 index for MGO fuel fell by $6 per ton to $770 per ton.