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August 31, 2015
Platts Marine
Marine News
Aug 31 2015 03:29:00 EDT

Twenty one ships are set to load coal export cargoes at Australia's port of Newcastle this week, down from 34 a week ago and the lowest weekly number for 13 months, the Port Authority of New South ...

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Aug 28 2015 09:16:00 EDT

The fines imposed by the Singapore courts on unlicensed bunker fuel suppliers at the port are not severe enough to deter repeat offenders, according to trade sources. The Maritime a...

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Aug 28 2015 09:14:00 EDT
Aug 27 2015 05:22:00 EDT
Aug 26 2015 09:40:00 EDT
Aug 26 2015 09:39:00 EDT
Aug 26 2015 09:37:00 EDT
Aug 25 2015 08:41:00 EDT
Aug 25 2015 04:05:00 EDT
Aug 25 2015 01:11:00 EDT
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Markets
Bunker fuel prices rose across Asia Pacific and Middle East ports Monday, tracking an uptick in fuel oil prices. Front-month ICE Brent crude futures ended the hour-long Platts Market on Close assessment process at 0930 GMT at $48.72/b. The price of 380 CST HSFO rose $15.13/mt from last Friday to be assessed at $237.59/mt FOB Singapore Monday. In Singapore, some buyers emerged to cover prompt requirements. Offers for the delivered 380 CST grade were heard around $245-$249/mt, and a trade for 2,30... Read the full story...
Worldscale rates for VLCCs on the East of Suez routes edged up slightly, prompting some owners to offer their ships on short-term time charter. The euphoria generated Friday over the possibility of floating storage of crude is yet to take off in a big way, market participants said Monday. The key PG-Japan rate was assessed up w0.25 at w32.75 basis 265,000 mt. "Owners are trying to do time charter at current rates, thinking that the market will not recover soon," said a VLCC broker in Tokyo. Amon... Read the full story...
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Trends Fujairah 180 CST Fujairah 180 CST

Persian Gulf-Japan VLCC 265kt Persian Gulf-Japan VLCC 265kt

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