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Bunker Fuel




January 22, 2017

Tankers

Marine News

Jan 20 2017 08:55:00 EST

The quantity of North Sea crude in tankers in the region has dropped this week, with the current structure of the contracts for difference curve providing no incentive for traders to float cargoes....

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Jan 20 2017 02:46:00 EST

India will impose a total of 4.5% service tax over freight on cargoes imported on a delivered or CFR basis from January 22, shipping market participants said Thursday. This servi...

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Jan 19 2017 07:13:00 EST
Jan 19 2017 07:12:00 EST
Jan 18 2017 09:31:00 EST
Jan 17 2017 09:35:00 EST
Jan 16 2017 07:48:00 EST
Jan 12 2017 18:06:00 EST
Jan 11 2017 01:26:00 EST
Jan 10 2017 08:49:00 EST
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Markets

A higher fixture bumped up VLCC rates Friday, and market sources said the VLCC market could go either way from here. Sources said owner resistance amid moderate activity this week had kept rates buoyant, although owners of compromised vessels had been seen giving discounts on rates. "VLCC market fundamentals haven't changed and it is moving sideways. It is possible to see a change next week as some charterers may hurry because of the Lunar New Year holidays, but I think we still have ample tonna...
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