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April 29, 2016

Platts Marine

Marine News

Apr 29 2016 09:21:00 EDT

The key bunker fuel grade of 380 CST broke above the 200/mt barrier Friday in the Dutch bunkering hub of Rotterdam as crude continued to strengthen, sources said. The fuel was asses...

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Apr 29 2016 09:20:00 EDT

Bunker trader WE Bunker has appealed against a Singapore court ruling that it immediately pay a Vietnamese customer $1 million in a long-running dispute over 2012 bunker deliveries, court papers fi...

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Apr 28 2016 10:15:00 EDT
Apr 28 2016 10:18:00 EDT
Apr 28 2016 10:14:00 EDT
Apr 27 2016 07:03:00 EDT
Apr 27 2016 07:04:00 EDT
Apr 26 2016 18:18:00 EDT
Apr 26 2016 06:53:00 EDT
Apr 25 2016 09:29:00 EDT
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Markets

Bunker demand was reported to be healthy across Asia Pacific, as well as the Middle Eastern port of Fujairah, traders said Thursday. In Singapore, ex-wharf 380 CST bunker was heard offered at $214.50-$215/mt during the Platts Market on Close assessment process. A trade for 5,000 mt of ex-wharf 380 CST bunker for May 6-8 was heard concluded at $214/mt. Singapore ex-wharf 380 CST bunker was assessed $4/mt higher day on day at $214/mt. It outpaced the $3.48/mt rise in the Mean of Platts Singapore 3...
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The Asian VLCC market saw rates drop further Thursday following fresh fixtures at lower levels and long vessel supply, sources said. "There is no sign of the market bottoming out yet and there are lots of vintage ships, while cargo demand is low -- only 15 PG cargoes are there for the second decade of May," said a VLCC shipowner. Market sources said that while some owners would resist at the w50 level for VLCC PG-East routes, competitive vessels such as those older than 15 years were expected to...
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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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