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Platts Marine


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Home Bunker Fuel Tankers
April 23, 2017

Platts Marine

Marine News

Apr 21 2017 09:33:00 EDT

Tanker owner DHT Holdings announced the delivery of the first VLCC it purchased from BW Group amid shipping major Frontline's legal attempt to stop it from acquiring BW's VLCC fleet. ...

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Apr 21 2017 09:34:00 EDT

Worldscale rates for loading at the ports of Ras Tanura, Juaymah and Ras Al Khafji and the Saudi Arabian Fixed Rate Differential have been revised due to a new tariff structure for tonnage dues, th...

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Apr 20 2017 08:10:00 EDT
Apr 19 2017 08:26:00 EDT
Apr 19 2017 08:26:00 EDT
Apr 19 2017 08:24:00 EDT
Apr 18 2017 09:04:00 EDT
Apr 18 2017 06:29:00 EDT
Apr 13 2017 09:50:00 EDT
Apr 13 2017 03:59:00 EDT
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Markets

Bunker fuel in Singapore and the Middle Eastern port of Fujairah was a tad quieter at the end of the week, said market sources. "A lot of shipowners stemmed yesterday [Thursday]," said a Singapore-based trader said on the matter. Similarly in Fujairah, inquiries were limited at the tail end of the week. In Singapore, ex-wharf offers were heard in the range of $304-$305/mt, with ex-wharf 380 CST bunker assessed at $303.50/mt on Friday, down $1.25/mt day on day. Demand for 380 CST bunker on a deli...
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Higher fixture rates and busy chartering activity this week saw the Asian VLCC tankers end the week on a positive note, according to sources Friday. Charterers were trying to keep their activity quiet, but owner sentiment was still bullish as the market is expected to be busy next week too. "The VLCC market remains firm going into the weekend. Next week, we expect about 30-35 cargoes to be worked, which should keep the market buzzing and rates steady," said a broker. In fixtures heard on the day...
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