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November 23, 2014
Platts Marine
Marine News
Nov 21 2014 09:07:00 EST

Worldscale rates for loading and discharging in Belem, Brazil have been raised, the Worldscale Association said Friday. "In light of recent information regarding the introduction of...

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Nov 21 2014 07:39:00 EST

Surging freight costs in the West African Suezmax market, which have climbed to their highest levels in over six years this week, could add to the bearish pressure on crude differentials in the reg...

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Nov 21 2014 04:20:00 EST
Nov 20 2014 16:18:00 EST
Nov 20 2014 07:51:00 EST
Nov 19 2014 18:27:00 EST
Nov 19 2014 07:34:00 EST
Nov 19 2014 04:06:00 EST
Nov 18 2014 07:25:00 EST
Nov 17 2014 17:34:00 EST
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Most bunker fuel sellers across Asia Pacific and Middle East ports complained of a dearth of demand Friday, with almost no buying interest seen. Front-month ICE Brent crude futures rose 5 cents/barrel during the Platts Market On Close assessment hour ended 0930 GMT. In Singapore, demand on the delivered front was slow, with offers for the delivered 380 CST grade heard early in the day around $465-475/mt. Some sellers could be willing to offers at these prices because they were clearing excess st... Read the full story...
Aframax rates for voyages in the East of Suez region were higher Friday as owners sought to cash in on bullish sentiment, market participants said. "Market is still [going] strong, the main reason is the upcoming winter demand and short tonnage in the Mediterranean," said a source with an Aframax owner. The option to ballast to the West is there if fixtures in the Indonesian region do not fetch rates aimed by owners, they said. They said a replacement fixture done at w137.5 has failed and the ch... 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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