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Platts Marine


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Home Bunker Fuel Tankers
December 02, 2016

Platts Marine

Marine News

Dec 2 2016 08:44:00 EST

The bunker industry expects the marine fuel market to become more fragmented and complex after 2020 as stricter emission controls come into force, according to speakers at the S&P Global Platts...

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Dec 2 2016 08:43:00 EST

Major Japanese shipping companies Mitsui OSK Lines and NYK Line have reverted back to the traders participating in the companies' term tenders to supply bunker fuel for lifting from Singapore over ...

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Dec 1 2016 17:19:00 EST
Dec 1 2016 09:08:00 EST
Dec 1 2016 09:07:00 EST
Nov 30 2016 08:47:00 EST
Nov 29 2016 10:43:00 EST
Nov 29 2016 06:22:00 EST
Nov 28 2016 11:51:00 EST
Nov 25 2016 04:09:00 EST
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Markets

Bunker fuel demand in Singapore was thin Thursday as higher crude prices dampened buyer interest. Offers for ex-wharf in Singapore during the Platts Market on Close assessment process were $304-$305/mt. Ex-wharf 380 CST bunker was assessed at $303/mt, up $11.50/mt day on day, lagging the $21.87/mt day-on-day increase in Mean of Platts Singapore 380 CST high fuel oil, which was assessed at $299.75/mt Thursday. The ex-wharf 380 CST bunker fuel differential to MOPS 380 CST HSFO rose 11 cents/mt day...
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Worldscale rates for VLCCs on the East of Suez routes were stable Thursday as charterers made a fresh pitch to grab older or newbuild ships at relatively lower rates. There were a few outstanding cargoes seeking tonnage but overall demand was similar to the previous month. So far around 42 cargoes for loading in the second decade of December have been covered with tonnage, the same number as for November 11-20, according to the estimates of brokers. The key Persian Gulf to Japan route was assess...
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