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Platts Marine


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Home Bunker Fuel Tankers
March 24, 2017

Platts Marine

Marine News

Mar 23 2017 22:36:00 EDT

An Indonesian government crackdown on a local labor union of stevedores in Samarinda, East Kalimantan is likely to cause further delays to thermal coal loading amid a market already tight for avail...

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Mar 23 2017 08:21:00 EDT

Many shipowners will go into 2020 unprepared for the International Maritime Organization's 0.5% global sulfur cap for marine bunker fuels, panelists said at the Connecticut Maritime Association con...

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Mar 23 2017 08:20:00 EDT
Mar 23 2017 05:43:00 EDT
Mar 22 2017 04:14:00 EDT
Mar 21 2017 17:38:00 EDT
Mar 21 2017 07:13:00 EDT
Mar 21 2017 07:11:00 EDT
Mar 21 2017 07:07:00 EDT
Mar 20 2017 10:57:00 EDT
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Markets

Bunker fuel demand on Thursday in Singapore and the Middle Eastern port of Fujairah was mixed, said traders. In Singapore, demand was said to be rather quiet for 380 CST bunker on an ex-wharf basis, while it was said to be average for products on a delivered basis. In Fujairah demand was said to be firm. In Singapore, ex-wharf 380 CST bunker was offered at $284.5-$285/mt at the start of the Platts Market on Close assessment process. A lack of buying interest led a few sellers to lower offer to $...
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The East of Suez VLCC market saw tepid activity and lower fixture rateson Thursday, sources said. Vessel supply was ample, and rates edged down to the lowest so far this year. Market sources said the VLCC rates were near the bottom as owner earnings were poor. According to broker estimates, a VLCC PG-South Korea voyage at w47.5 would see a time charter equivalent earning of $14,000/day. "The market is [soft], in the short term I don't see much chance for it to bounce back. But I would like to be...
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