Platts Marine

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November 25, 2015

Platts Marine

Marine News

Nov 24 2015 19:02:00 EST

The Mexican ports Pajaritos and Dos Bocas, both on the coast of the Gulf of Mexico, reopened to shipping late Tuesday after being shut Monday due to bad weather, the Ministry of Communications and ...

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Nov 24 2015 08:22:00 EST

Norwegian dry bulk carrier Golden Ocean said Tuesday it expected the market to remain difficult for the next 6-12 months, not least because of slowing Chinese economic growth, as it posted a bigger...

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Nov 23 2015 15:48:00 EST
Nov 23 2015 08:47:00 EST
Nov 20 2015 08:25:00 EST
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Nov 18 2015 09:09:00 EST
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Bunker fuel prices trekked higher across Asia Pacific and Middle Eastern ports Tuesday, underpinned by higher crude futures and fuel oil prices. Front-month ICE January Brent crude futures climbed 20 cents/b during the one-hour Platts Market on Close assessment process that ended at 0930 GMT, to $45.42/b. In Singapore, the ex-wharf market saw tepid demand while the delivered front market's demand was average for the 380 CST RMG grade, sources said. Offers heard for ex-wharf 380 CST started at $2...
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Sentiment softened for the Asian VLCC market, with fixture rates heard at lower levels Tuesday. Shipowner sources said it was currently a two-tier market, with vessels older or just out of the dry dock accepting lower fixture rates, while modern well-approved vessels were obtaining w60 or just above for rates. Among fixtures heard, Formosa placed the Ruby IV on subjects for a Ras Tanura-Mailiao voyage, loading December 8, at w53 basis 270,000 mt, confirmed a source aware of the matter. Unipec wa...
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Persian Gulf-Japan VLCC 265kt Persian Gulf-Japan VLCC 265kt

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