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October 30, 2014
Platts Marine
Marine News
Oct 30 2014 17:00:00 EDT

Despite rising US feedstock differentials, the vacuum gasoil arbitrage from Northwest Europe to the US remains constrained amid a glut of VGO in storage on the Gulf Coast and expensive Panamax frei...

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Oct 30 2014 16:21:00 EDT

US jet fuel exports in August rose to a record 6.63 million barrels, according to data released Thursday by the Energy Information Administration, with large draws from Canada and Africa that sourc...

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Oct 30 2014 09:56:00 EDT
Oct 29 2014 16:21:00 EDT
Oct 29 2014 07:26:00 EDT
Oct 28 2014 17:32:00 EDT
Oct 28 2014 08:29:00 EDT
Oct 28 2014 08:28:00 EDT
Oct 27 2014 18:05:00 EDT
Oct 27 2014 08:35:00 EDT
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Bunker fuel demand was little changed Thursday compared with the previous day across ports in the Asia Pacific and Middle East regions, amid thin activity and limited movement in prices. Front-month ICE Brent crude futures fell just 5 cents/barrel during the Platts Market On Close assessment hour ended 0930 GMT. In Singapore, demand on the delivered front was flat, sellers said, adding that it was as quiet as it was the day before. On the ex-wharf front, it was also a "dead" market with hardly a... Read the full story...
VLCC rates on the East of Suez routes were higher Thursday on strong demand as charterers aggressively sought tonnage to import crude for stocking in the winter season, market participants said. "Owners' sentiment is strong. This is their chance to get compensated for what they lost during the year and they will not give up easily," a chartering source with a South Korean refiner said. There is still surplus supply of tonnage but definitely it has reduced, the source said. The number of 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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