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Platts Marine


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Home Bunker Fuel Tankers
August 26, 2016

Platts Marine

Marine News

Aug 26 2016 04:22:00 EDT

China's Shenzhen port will be implementing tighter sulfur limits from October 1, 2016, with ships required to use bunker fuel with a maximum sulfur content of 0.5% while at berth, except during the...

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Aug 25 2016 08:32:00 EDT

West African Suezmax freight rates have begun to show signs of recovery after a prolonged period of weakness, with fixing levels increasing for September, shipping sources said this week....

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Aug 23 2016 17:41:00 EDT
Aug 23 2016 09:25:00 EDT
Aug 23 2016 08:57:00 EDT
Aug 22 2016 03:33:00 EDT
Aug 19 2016 08:32:00 EDT
Aug 19 2016 07:59:00 EDT
Aug 19 2016 07:57:00 EDT
Aug 18 2016 09:50:00 EDT
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Markets

Bunker demand in Singapore and the Middle Eastern port of Fujairah was mixed Thursday, traders said. Demand in Singapore was said to be average for both ex-wharf and delivered 380 CST bunker fuel, and in Fujairah was lower than average, traders said. "Demand is OK for prompt delivery, but there seems to be some supply tightness for later dates," said a Singapore trader. In Singapore, ex-wharf 380 CST bunker fuel was heard offered at $252-$253/mt, while bids were heard at $249/mt at the start of ...
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Ample tonnage and few VLCC cargoes seen in the market kept trading sentiment soft in the Asian VLCC market Thursday, said sources. "VLCC owners are chasing brokers to get cargoes, and there are not enough cargoes to support the market, so owners are willing to cut prices," said a charterer. Sources said there were many VLCCs older than 15 years on the position list, which increased competition for cargoes. Chemchina's September 9-10 cargo had received nine offers, a charterer said. In fixtures, ...
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