Bunker prices @ noon, August 18

The latest bunker prices for the shipping industry are as follows:

  • $814 per metric tonne (MT) for high sulphur fuel oil (HSFO).
  • $904 MT for very low sulphur fuel oil (VLSFO).

For VLSFO, it means the price continues trending down, although only marginally from yesterday's $905.

Earlier this week the price recorded its steepest drop, from $956 on Monday to $926 on Tuesday. 

The price of HSFO remains unchanged for the fourth consecutive day.

Cockett Marine Oil South Africa reports adequate availability of both HSFO and VLSFO.