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April 23, 2014
Platts Marine
Marine News
Apr 23 2014 06:07:00 EDT

Handysize freight rates for dirty tankers on the Black Sea-Mediterranean and Cross-Mediterranean routes, basis 30,000 mt, fell to their lowest in over four months Tuesday because of a lack of inqui...

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Apr 22 2014 18:49:00 EDT

The spread between high sulfur bunker fuel prices in Buenos Aires and the competing port of Montevideo, Uruguay, increased to its widest margin in over four months Tuesday, according to Platts data...

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Apr 22 2014 09:02:00 EDT
Apr 22 2014 06:58:00 EDT
Apr 21 2014 10:15:00 EDT
Apr 18 2014 12:00:00 EDT
Apr 18 2014 11:06:00 EDT
Apr 17 2014 08:04:00 EDT
Apr 17 2014 06:02:00 EDT
Apr 16 2014 15:34:00 EDT
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Markets
Bunker fuel demand remained poor in Asia-Pacific and Middle East ports, sellers said Tuesday. Front-month ICE Brent crude futures fell 34 cents/barrel during the Platts Market on Close assessment hour ended 0930 GMT. In Singapore, offers for the 380 CST grade were heard around $592-593/mt. Deals were heard around $590-591/mt, but they could not be confirmed. The ex-wharf 380 CST grade was assessed at $591/mt, up $3.50/mt from Monday. For the ex-wharf 500 CST grade, sellers were in the market but... Read the full story...
East of Suez Aframax rates were higher Tuesday on strong demand from charterers, but market participants said rates might be nearing their peak this week. "Charterers are trying to get high-quality ships, and prompt fixtures are also keeping the rates high," said a source with an Aframax owner. He called the market at w90 for heated cargoes for the Indonesia to North Asia route for 80,000-mt cargoes. Among fixtures heard, the Beech III was placed on subjects by CNOOC at w95 for heated fuel oil l... 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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