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Platts Marine


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Home Bunker Fuel Tankers
September 28, 2016

Platts Marine

Marine News

Sep 28 2016 05:49:00 EDT

Outer Port Limits or OPL bunkering in the Indian port of Mumbai is expected to resume end October or early November and continue through to mid-May 2017, a Mumbai Port Trust official said Tuesday. ...

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Sep 27 2016 18:20:00 EDT

Availability of bunker fuel in San Francisco could tighten in the upcoming weeks, following the on-going planned turnaround at Chevron's Richmond, California refinery, market sources said Tuesday....

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Sep 27 2016 08:19:00 EDT
Sep 27 2016 05:43:00 EDT
Sep 26 2016 09:47:00 EDT
Sep 26 2016 02:53:00 EDT
Sep 24 2016 12:21:00 EDT
Sep 23 2016 06:06:00 EDT
Sep 22 2016 23:26:00 EDT
Sep 22 2016 09:53:00 EDT
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Markets

Demand for bunker fuel in Singapore was muted Tuesday, traders said. "I didn't sell any ex-wharf today. Delivered was a bit better, but slower than yesterday," said a trader. Another Singapore-based trader said the market for delivered cargoes was "quiet" Tuesday, as crude went down. Front-month November ICE Brent futures fell 16 cents/b to $46.62/b at 5.30 pm Singapore (0930 GMT), at the close of the hour-long Platts Market on Close assessment process. Offers for Singapore ex-wharf 380 CST bunk...
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The Asian VLCC tanker market saw moderate activity with cargoes for mid-October loadings seen, sources said Tuesday. "The VLCC rate has been steady for a long time at the mid-w30s [for Persian Gulf-Far East route] and the downward pressure [preventing the market from improving] is from all the newbuildings," said a VLCC shipowner. The presence of newbuild vessels, vessels older than 15 years and those coming out of the dry dock continued to dampen trading sentiment as such vessels offered compet...
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