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October 26, 2014
Platts Marine
Marine News
Oct 24 2014 16:56:00 EDT

Aframax freight rates in the Caribbean rocketed to a 10-week high Friday after a tropical depression further depleted an already thin position list, sources said. The Caribbean-US G...

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Oct 24 2014 07:29:00 EDT

Clean Handysize freight rates on cross-Mediterranean voyages spiked to just over a 20-month high Thursday as a wave of cargoes in the last two weeks drastically reduced available vessels....

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Oct 24 2014 07:29:00 EDT
Oct 23 2014 17:13:00 EDT
Oct 23 2014 10:17:00 EDT
Oct 23 2014 10:11:00 EDT
Oct 22 2014 17:04:00 EDT
Oct 22 2014 09:56:00 EDT
Oct 21 2014 16:12:00 EDT
Oct 21 2014 08:18:00 EDT
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Markets
Bunker fuel demand was tepid Friday, as buying interest across the Asia Pacific and Middle Eastern ports waned along with stronger crude prices day on day. Front-month ICE Brent crude futures inched up 15 cents/barrel during the Platts Market On Close assessment hour ended 0930 GMT. In Singapore, sellers described demand on the delivered front as average or low with few inquiries. On the ex-wharf front, not all sellers were active in the market, while others were offering the 380 CST grade at ar... Read the full story...
Worldscale rates for VLCCs on the East of Suez routes rose Friday as owners put up a stiff resistance to efforts by charterers to drag down the market, participants said. Charterers were looking for low quality tonnage that lacked all regulatory approvals in a bid to get a discount, participants said. "There are close to 10 more stems for loading in the first decade of November" that are yet to be covered with tonnage, said a VLCC broker in Singapore. There are plenty of ships around but the num... 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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