Please note that, effective February 11, 2020, the Bunkerworld Marine Fuel 0.5%S index is now available in the Bunkerworld Indexes page in the Fuel Prices section. Subscribers are able to request historical values dating back to December 2, 2019 by contacting support@platts.com
The BWI is a weighted daily index made up of 20 key bunkering ports. To obtain a representative
geographical spread, the ports were selected by size with reference to their geographical importance.
The main grades IFO380, IFO180, MDO and MGO are all included in the spread proportionate to their
importance to the bunker market.
The BWI is transparent, independently calculated and based on the accurate and highly regarded
Bunkerworld Benchmark Prices (BBP). The BBP is set for each port every day at a certain time and is
included in the Index. The BWI, as a whole, is set daily at 18:00 GMT.
The BWI represents the fundamentals for bunker fuel market price changes and is a versatile vehicle.
It gives you access to market movements without the need to analyse multiple port price shifts. It can
also be regarded as an international barometer of the bunker fuel markets and could be useful as a basis
for setting bunker fuel futures, swaps or OTC contracts, as well as providing an independent basis for
the calculation of bunker surcharges.
BWI is currently composed of weighted averages of BBPs for the following ports:
The BW380 Index is a daily average dollar value index of 380 centistoke (cst) bunker fuel from
the same 20 key bunkering ports used to calculate the BWI (Bunkerworld Index). To obtain a representative
geographical spread, the ports were selected by size with reference to their geographical importance.
The BW380 Index is transparent, independently calculated and based on the accurate and highly regarded
Bunkerworld Benchmark Prices (BBP). The BBP is set for each port every day at a certain time and is included
in the Index. The BW380 Index, as a whole, is set daily at 18:00 GMT.
The BW380 Index represents the fundamentals for IFO380cSt bunker fuel market price changes and is a
versatile vehicle. It gives you access to market movements without the need to analyse multiple port price
shifts. It can also be regarded as an international barometer of the IFO380cSt bunker fuel markets and could
be useful as a basis for setting bunker fuel futures, swaps or OTC contracts, as well as providing an
independent basis for the calculation of bunker surcharges.
About the Bunkerworld 180 Index (BW180)
The BW180 Index is a daily average dollar value index of 180 centistoke (cst) bunker fuel from the same
20 key bunkering ports used to calculate the BWI (Bunkerworld Index). To obtain a representative geographical
spread, the ports were selected by size with reference to their geographical importance.
The BW180 Index is transparent, independently calculated and based on the accurate and highly regarded
Bunkerworld Benchmark Prices (BBP). The BBP is set for each port every day at a certain time and is included
in the Index. The BW180 Index, as a whole, is set daily at 18:00 GMT.
The BW180 Index represents the fundamentals for IFO180cSt bunker fuel market price changes and is a versatile
vehicle. It gives you access to market movements without the need to analyse multiple port price shifts. It can
also be regarded as an international barometer of the IFO180cSt bunker fuel markets and could be useful as a
basis for setting bunker fuel futures, swaps or OTC contracts, as well as providing an independent basis for the
calculation of bunker surcharges.
About the Bunkerworld Distillate Index (BWDI)
The BWDI is a combined daily average dollar value index of MDO (marine diesel oil) and MGO (marine gasoil)
distillate fuels from the same 20 key bunkering ports used to calculate the BWI (Bunkerworld Index). To obtain
a representative geographical spread, the ports were selected by size with reference to their geographical
importance.
The BWDI Index is transparent, independently calculated and based on the accurate and highly regarded
Bunkerworld Benchmark Prices (BBP). The BBP is set for each port every day at a certain time and is included
in the Index. The BWDI Index, as a whole, is set daily at 18:00 GMT.
The BWDI represents the fundamentals for distillate fuel market price changes and is a versatile vehicle.
It gives you access to market movements without the need to analyse multiple port price shifts. It can also be
regarded as an international barometer of the distillate fuel markets and could be useful as a basis for setting
distillate fuel futures, swaps or OTC contracts, as well as providing an independent basis for the calculation
of fuel surcharges.
About the Bunkerworld - Maximum 0.1% Sulphur - Distillate Index (BW0.1%S)
The BW0.1%S Index is a combined daily average dollar value index of distillate fuels that comply with the 2015 Emissions Control
Area (ECA) sulphur limit from 14 of the key bunkering ports used in the BWI (Bunkerworld Index). To obtain a
representative geographical spread, the ports were selected by size with reference to their geographical importance.
The BW0.1%S Index is transparent, independently calculated and based on the accurate and highly regarded
Bunkerworld Benchmark Prices (BBP). The BBP is set for each port every day at a specified time and is included
in the Index. The BW0.1%S Index, as a whole, is set daily at 18:00 GMT.
The BW0.1%S Index represents the fundamentals for ECA compliant distillate fuel market price changes and is
a versatile vehicle. It gives you access to market movements without the need to analyse multiple port price
shifts. It can also be regarded as an international barometer of the ECA compliant distillate fuel markets and
could be useful as a basis for setting distillate fuel futures, swaps or OTC contracts, as well as providing
an independent basis for the calculation of fuel surcharges such as bunker adjustment factors.
The BW0.1%S Index comprises BBPs from the following ports and grades:
About the Bunkerworld Marine Fuel 0.5%S Index (BW 0.5%S)
The BW0.5%S Index is a cumulative daily average dollar value index of Marine Fuel 0.5%S that is in compliance with International Maritime Organization (IMO) Low Sulphur Regulation 2020 regulations. IMO 2020 mandates that, from January 1, 2020, marine sector emissions in international waters should be a maximum of 0.5% sulfur. The Index is derived from 17 key bunkering ports, representing a broad geographical spread of major bunkering locations around the world.
The BW0.5%S Index is determined by a transparent process wherein, it is autonomously calculated using the accurate and highly held Bunkerworld Benchmark Prices (BPP). The BBP is set for each port, daily at a specific time and is included in the Index. The BW0.5%S Index is set daily at 18:00 GMT.
The BW0.5%S Index represents the fundamentals for the new IMO compliant fuel and provides a view on the fuel market price variations and gives access to market activities without the need to analyze multiple port price shifts. It can also be regarded as an international indicator of the 0.5%S bunker fuel markets and could be useful as a basis for setting bunker fuel futures, swaps or OTC contracts, as well as providing an independent basis for the calculation of bunker surcharges.
The BW0.5%S Index comprises BBPs from the following ports:
Graph this against Bunker Fuel