ENGINE partners with PRIMA Markets on bio-bunker price benchmarks, and launches Fuel Switch Snapshot
Biofuels have become considerably more mainstream as bunker fuels in the past year and market participants are looking for ways of benchmarking their buying performance against their peers. Combining ENGINE’s conventional bunker fuel benchmarks with PRIMA Market’s assessed biofuel benchmarks, and backing them up with stems, generates robust B24 and B30 benchmarks for Rotterdam, Singapore and Los Angeles. Together, we are launching a series of eight bio-bunker benchmark prices: • B30 VLSFO Rotterdam HBE • B30 LSMGO Rotterdam HBE • B30 UCOME VLSFO ARA • B30 UCOME LSMGO ARA • ...
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