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TWI - Data Archive & Latest TWI 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.

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TWI Special Report:
2002 to 2010 Overview

Explanation for DECEMBER 2011

The best fuel in the MIDDLE EAST has a TWI of 69 and the worst fuel in the US GULF has a TWI of 41. Calculating on the basis of para 1 above and if the fuel cost in the US GULF is $ 670.00/MT, it ought to sell in the MIDDLE EAST for $ 903.00 - $ 913.00 / MT (by applying a price spread of 35.51 %) not taking in account any other logistics cost.

True Worth Index DECEMBER 2011

  EFN ECN CV  
Proportions 0.28 0.54 0.18  
 
Multiplier effect TWI
Upper level 60 35 41 43.1 62
Lower level 40 18 39 27.9 40
 
Region
Japan / Korea 67 21.4 40.41 37.6 54
Middle East 72 38.2 40.49 48.1 69
ARA - high 61 20 40.87 35.2 50
ARA - low 57 20.5 40.49 34.3 49
Singapore - high 63 23.9 40.37 37.8 54
Singapore - low 53 17.4 40.31 31.5 45
U.S. Gulf - high 54 12 40.38 28.9 41
U.S. Gulf - low 48 16.8 40.10 29.7 42
Durban 58 16.9 40.29 32.6 47
U.S. Northwest 60 12.5 40.52 30.8 44
U.S. Southeast 56 18.8 40.23 33.1 47