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December 20, 2014
Platts Marine
Marine News
Dec 19 2014 14:50:00 EST

Mineral and grain demand in the Atlantic shipping market was weak Friday with charterers putting pressure on rates as owners work to get vessels covered into January, shipping sources said....

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Dec 18 2014 08:13:00 EST

The availability of low sulfur bunker fuel is expected to improve in northwest Europe by the end of this week with BP and Totsa resuming loadings in Rotterdam and Antwerp, traders said Thursday....

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Dec 17 2014 15:48:00 EST
Dec 17 2014 07:00:00 EST
Dec 17 2014 06:59:00 EST
Dec 16 2014 15:49:00 EST
Dec 16 2014 08:37:00 EST
Dec 16 2014 07:42:00 EST
Dec 16 2014 06:35:00 EST
Dec 15 2014 08:44:00 EST
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Bunker fuel demand ended the week on a low note Friday, with flat prices falling in line with the $2.26/barrel day-on-day drop in front-month ICE Brent futures at 0830 GMT. During the one-hour Platts Market On Close assessment process for bunker fuel which ended 0930 GMT, the February ICE Brent rose $1.16/b. In Singapore, demand on the delivered front was slow ahead of the year-end holidays amid limited supply. Offers for the 380 CST grade were heard at around $325-328/mt. The delivered 380 CST ... Read the full story...
Asian VLCC fixture rates fell Friday amid an increased availability of tonnage as fixing window moved forward, said sources. "The VLCC rates have softened by w10 in the past two-three days. More tonnage will be there from January 8 going into the second decade so we are seeing the effect of that softening the rates," said a broker. Unipec was heard to have placed both the Sea Lynx and the Samco Amazon on subjects for a Persian Gulf-China voyage, loading January 8, at w70 basis 270,000-mt cargoes... 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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