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Platts Marine


A closer look at Platts shipping coverage


Home Bunker Fuel Tankers
June 26, 2016

Platts Marine

Marine News

Jun 24 2016 13:02:00 EDT

Interest in the expanded Panama Canal is tepid among US Gulf Coast and Caribbean dirty tanker market participants, as draft restrictions make large Aframaxes the largest tanker able to transit its ...

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Jun 24 2016 09:56:00 EDT

French shipping giant CMA CGM has made Kingston, Jamaica, its strategic Caribbean hub in anticipation of an expanded Panama Canal, the company announced Friday. "A widened canal wil...

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Jun 24 2016 09:55:00 EDT
Jun 23 2016 09:20:00 EDT
Jun 23 2016 03:02:00 EDT
Jun 22 2016 09:18:00 EDT
Jun 22 2016 02:35:00 EDT
Jun 21 2016 09:32:00 EDT
Jun 21 2016 00:03:00 EDT
Jun 20 2016 18:15:00 EDT
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Markets

Demand in the bunker fuel markets of Singapore and the Middle Eastern port of Fujairah was slightly above average Thursday, traders said. In Singapore, ex-wharf 380 CST bunker was heard offered at $243.50-$246/mt during the Platts Market on Close assessment process. Trades were heard around $242.50/mt early in the MOC process. Despite an uptick in crude -- front month August ICE Brent futures rose 22 cents/b during the MOC process -- most sellers reportedly maintained their offers. However after...
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Sentiment in the Asian VLCC market rebounded Thursday on busy fixing activity and higher fixture rates. Discounted rates from vessels out of dry dock were heard to have dragged down trading sentiment earlier in the week, while owners of modern well-approved VLCCs had been resisting at w40 for PG-Far East voyages and sources said that after w47 was seen on the Front Queen, owner sentiment rebounded. "The market appears to have bottomed and bounced a few points up. After [competitive] ships were f...
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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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