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April 19, 2015
Platts Marine
Marine News
Apr 17 2015 07:27:00 EDT

Bunker fuel oil loadings and deliveries have been disrupted due to stormy weather in Novorossiisk, traders said Friday. "The last storm warning has been issued at 10:30 Novorossiisk...

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Apr 16 2015 08:35:00 EDT

The cost of sending 30,000 mt dirty product and fuel oil cargoes from the Baltic Sea to the UK Continent has fallen to the lowest level in almost six months because of a lack of charterer inquiries...

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Apr 16 2015 05:28:00 EDT
Apr 15 2015 07:26:00 EDT
Apr 14 2015 09:59:00 EDT
Apr 14 2015 09:07:00 EDT
Apr 13 2015 09:47:00 EDT
Apr 13 2015 05:00:00 EDT
Apr 10 2015 04:54:00 EDT
Apr 9 2015 15:41:00 EDT
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Markets
Bunker fuel demand was mixed Friday. Front-month ICE Brent crude futures fell 6 cents/barrel during the Market on Close assessment hour ended 0930 GMT. In Singapore, demand for delivered fuel was slightly higher as sellers said shipowners could not wait longer and were fixing requirements before prices rise. Offers for the 380 CST grade were heard around $349-$352/mt. The delivered 380 CST grade was assessed at $348.50/mt, up $2.50/mt from Thursday. Demand for ex-wharf fuel remained very low. Of... Read the full story...
Worldscale rates for VLCCs on the East of Suez routes were slightly lower Friday as many charterers kept away from the market while trying to secure lower rates. Owners are still successful in keeping the rates in the w60-w65 band. "There are between 25 and 30 cargoes to be covered for the first half of May," said a VLCC broker in Singapore. The rates are expected to move sideways for the time being, the broker said. Currently the voyages to North Asia from both the Persian Gulf and West Africa ... 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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