TWI - Data Archive & Latest Figures

General explanation for TWI Figures

  1. The TWI table has the upper and lower limits of 40 and 62. An increase of 22 points in the TWI represents a saving of 27.9% on the fuel cost. If fuel cost constitutes of 60% of operation cost this will be a saving of 16.74% on operations cost. This also means that the price differential in bunker fuels should have a spread of 27.9% based on the TWI.

  2. The FuelTech instrument does not record ECN values less than 18.7 since the fuel is considered to have very poor Ignition and Combustion properties. Therefore, ECN values hit a plateau on the lower end. At the upper end they go upto 35 and rarely up to 45. Nevertheless, there is sufficient range from 18.7 - 35 to address this variation in Ignition and Combustion properties of the fuel.

EXPLANATION FOR SEPTEMBER 2016

The best fuel in THE MIDDLE EAST has a TWI of 66 and the worst fuel in ANTWERP has a TWI of 52.<br /> If the fuel cost in the THE ANTWERP - ROTTERDAM area is $ 247.00.00/MT, it should sell in THE MIDDLE EAST<br /> for $ 285.87 - 295.87/ MT (by applying a price spread of 17.76 %) not taking in account any other logistics cost.

TRUE WORTH INDEX FOR SEPTEMBER 2016


  EFN ECN CV  
Proportions 0.4 0.4 0.2  
 
Region Multiplier effect: 1.5x TWI
Japan / Korea 59 23.3 40.26 41.0 61
Middle East 65 25 40.60 44.1 66
ARA - high 58 21.1 40.44 39.7 60
ARA - low 50 16.1 40.30 34.5 52
Singapore - high 54 18.2 40.35 37.0 55
Singapore - low 50 18.8 40.18 35.6 53
U.S. Gulf - high 56 16.1 40.38 36.9 55
U.S. Gulf - low 53 17.1 40.36 36.1 54
Durban 65 14.3 40.44 39.8 60
U.S. Northwest 59 22.2 40.60 40.6 61
U.S. Southeast 56 17.2 40.46 37.4 56