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Interest in Aframax time charters spikes amid increased fuel oil flow into Asia
Singapore (Platts)--16 Feb 2017 550 am EST/1050 GMT
Interest in Aframax time charters in Singapore has been rising on the likelihood of fuel oil ullage issues in February and March, market sources said Thursday.
Tankers: Asia LR2 rates at five-week high on demand surge, supply squeeze
Singapore (Platts)--15 Feb 2017 1051 pm EST/351 GMT
East of Suez Long Range 2 tanker rates hit their highest level in five weeks Wednesday as strong demand to move cargoes of clean products both to Europe and North Asia tightened supply.
Aframax rates rocket 34% on day on increased activty, fewer ships
Houston (Platts)--15 Feb 2017 650 pm EST/2350 GMT
Aframax freight rates swelled Wednesday as a fixture and a shortening position list pushed them up Worldscale 37.5 day on day.
World's first purpose-built LNG bunkering vessel delivered
London (Platts)--15 Feb 2017 818 am EST/1318 GMT
Engie, Fluxys, Mitsubishi Corporation, and Nippon Yusen Kaisha have taken delivery of the ENGIE Zeebrugge -- the world's first purpose-built LNG bunkering vessel -- from Hanjin Heavy Industries & Construction at the Yeongdo shipyard in Busan, South Korea, Fluxys said in a statement Wednesday.
Tankers: Black Sea-Med Suezmax freight rates fall to 3-month low on weak demand
London (Platts)--14 Feb 2017 842 am EST/1342 GMT
The cost of sending crude oil from the Black Sea to the Mediterranean on Suezmaxes has dropped to a three-month low due to weak demand, as well as the comparative lack of delays through the Turkish Straits currently, according to market sources.
Dry bulk: Capesize TCE falls below $1,000/day on Australia-China iron ore route
Singapore (Platts)--14 Feb 2017 1240 am EST/540 GMT
A build-up of tonnage, coupled with a dip in the cargo volumes, has sharply brought down the time charter equivalent (TCE) or the expected daily returns to a Capesize shipowner below the $1,000/day mark on Monday for vessels plying the key Australia to China iron ore route.
Houston Ship Channel pilots resume boarding outbound vessels
Houston (Platts)--13 Feb 2017 533 pm EST/2233 GMT
Houston Ship Channel pilots resumed boarding outbound ships at 12:00 pm CST (1800 GMT), according to port agent JJ Plunkett.
Colombian Jan thermal coal exports hit 10-month low of 6.52 mil mt
London (Platts)--13 Feb 2017 912 am EST/1412 GMT
Colombia exported of 6.52 million mt of thermal coal in January, a 10-month low and down 5% year on year and 18% from December 2016's five-month high, data from Colombian shipping agent Deep Blue showed Monday.
Vessel queue at Newcastle PWCS coal terminal hits 5-week low at 3 ships
Sydney (Platts)--13 Feb 2017 912 am EST/1412 GMT
The vessel queue at the Port Waratah Coal Services terminal at Newcastle port in Australia stood at three ships Sunday, down from six the week before and the shortest in five weeks, the logistics coordinator for the Hunter Valley coal chain said Monday.
Cal 19 Rotterdam high sulfur fuel oil crack moves above pre-IMO decision levels on hedging
London (Platts)--13 Feb 2017 909 am EST/1409 GMT
Rotterdam high sulfur fuel oil barge cracks for calendar year 2019 on Friday reached levels not seen since before the International Maritime Organization's October 27 decision to impose a global 0.5% sulfur cap on bunker fuel starting in 2020.
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