Bunker Pricing Data
Bunker Pricing data provides near real-time updates on the cost of purchasing Maritime fuel.
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Bunker Pricing data provides near real-time updates on the cost of purchasing Maritime fuel.
Spot prices and calculated FFPs (Fixed Forward Prices) are available for c500 global ports, to provide transparency and efficiency in gathering pricing data for various fuel types around the world.
The fuels covered are:
HSFO – Heavy Sulphur Fuel Oil
VLSFO – Very Low Sulphur Fuel Oil
MGO – Marine Gasoil
The model output is heavily based on factual deal data including 30 million tonnes of deliveries yearly, along with indication reports, and various other sources.
Benefits:
Transparency on pricing enables improved voyage planning and cost management/planning
Utilisation of data can provide an improved negotiation position
Drawbacks:
No current coverage on ‘future fuels’ such as Methanol