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July 30, 2015
Platts Marine
Marine News
Jul 29 2015 16:06:00 EDT

One of the barge docks at Kinder Morgan's Galena Park Terminal in Texas will be shut from July 30 until September 22 for maintenance and repairs, the company said in a reminder statement to custome...

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Jul 28 2015 06:02:00 EDT

Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China continued to drop in the week...

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Jul 28 2015 05:43:00 EDT
Jul 27 2015 07:46:00 EDT
Jul 24 2015 16:25:00 EDT
Jul 24 2015 07:01:00 EDT
Jul 23 2015 17:44:00 EDT
Jul 23 2015 10:52:00 EDT
Jul 23 2015 05:44:00 EDT
Jul 22 2015 16:14:00 EDT
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Markets
Depressed crude prices continue to keep a lid on bunker fuel prices across the Asia-Pacific and Middle East ports Wednesday, although front-month ICE September Brent crude futures rose 39 cents/barrel during the Market on Close assessment hour ended 0930 GMT. In Singapore, activity remained subdued. On the delivered front, supply was tighter at the prompt. Trades were heard at $285/mt for delivery from August 8, $286/mt for delivery from August 5, and $287-$290/mt for August 2-5. Offers were hea... Read the full story...
East of Suez VLCC rates were lower Wednesday on low demand, with market participants expecting rates to fall further. Demand has weakened with refinery turnarounds in the current quarter, resulting in lower requirement to move crude, they added. The key PG-Japan rate was assessed w3 points lower at w67. "Surplus availability of ships is dragging down the rates," said a chartering source with a Japanese refiner. Among the fixtures heard, the Nave Neutrino was placed on subjects by Glasford at w65... 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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