Track alternative fuel prices against conventional fuels, so you know when to make the switch.
[Example snapshot from March 2024]
Despite the EU Emissions Trading System’s (EU ETS) tax on carbon, burning HSFO, VLSFO or LSMGO and paying for the CO2 they emit still pays off when bio-blended alternatives are priced as high as they are today. However, as time goes on and penalties increase, the switch to alternative fuels becomes a question of when, not if.
ENGINE’s weekly Fuel Switch Snapshot provides an apples-to-apples comparison of bunker fuels on the market, so you can consider not only the outright price of the fuels, but also how far you can sail on them and what you will pay to burn them on EU-linked voyages.
Once a week, you will receive a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The prices will come adjusted for calorific contents – the bang for your buck – and with costs of emitting CO2 in the EU both included and excluded. This is to illustrate not just the effect of EU ETS on pricing, but also give you the best possible generalised comparison tool in these fast-changing times.
Subscribe to receive the report every week for free via the form. You can unsubscribe at any time.
