Global marine fuel 0.5%S prices improved in July, though demand still was below normal levels. Meanwhile, some analysts criticize world governments for overreacting to the mutation. Learn more about Bunkerworld. File Image / Pixabay. Aug 19. New York Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Singapore Marine Fuel 0.5%S timespreads and cash differentials hit five-month highs July 29 amid widespread expectations the inflow of Western arbitrage cargoes into Asia will fall in August. "A lot of stability and cold-flow issues with VLSFOs, plus flash point issues with MGO and VLSFO, have been noted," Bee said. **Charterers, financiers coming forward to promote greener shipping, OIL FUTURES: Crude extends losses on pandemic concerns, pares back overnight gains. BW180. The bunker price page for port Montreal in CANADA displays latest bunker price at Montreal. Spot market differentials for IMO-compliant marine fuels have cracked to the lowest in seven months despite recent data showing firm demand for shipping fuel at the world's biggest bunkering port of Singapore. **Russia, Kazakhstan said to seek output rise, UAE undecided External. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. To check bunker prices for all the ports in UKRAINE click on UKRAINE. IFO 180-----VLSFO 0.5: Subscribe: Subscribe: Subscribe: MGO 0.1/0.5: Date: 410.50 +5.00: 2020-12-14: 470.00 +5.00: 2020-12-14 VLSFO supply remains ample amid demand destruction caused by COVID-19. Crude. Refiners are cutting their run rates... we still see demand from Pakistan. The prices at other ports were more competitive for some time, and frankly, only the Singapore [0.5% cargo] prices were quite strong, compressing the margins for everyone downstream," a bunker supplier based here said. The port expects "a cautious recovery of the economy" for the rest of the year. Total bunker sales in Singapore rose 2.65% on the month to 4.26 million mt in November, preliminary data released over the weekend by Singapore's Maritime and Port Authority showed, on the back of strong demand for low sulfur bunkers compared to October. BWDI. The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. BWI. Discover how you can access our oil prices, news & analysis MPA issued its first LNG bunker supply licences in 2016, with FueLNG Pte Ltd and Pavilion Energy Singapore Pte Ltd the two existing LNG bunker suppliers. We enable you to unlock the market and find alternative high-quality fuel bunkering at competitive prices. New to Bunkerworld? Oil futures settled higher Aug. 5 as a weakened US dollar and large US crude draw offset weak US employment data. Singapore VLSFO 0.5% Historical Price; Historical Prices Available since Jan, 2020 News Archive; Follow us; Get Daily Email; Subscribe; Contact Us; About; Sign in; Search. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Montreal in USD (US Dollars) per Metric tons (Mts). Far East and South Pacific Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts GRAPH: 2020's Average Bunker Price 8% Lower Than 2019. Singapore light distillate stocks surge to 13-month high on sinking gasoline demand. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. Repsol expands VLSFO offer to 15 Spanish ports. **Became accredited bunker supplier in Singapore this year, Singapore bunker sales remain resilient despite strong headwinds. Singapore Bunker Prices. The prices for bunker oil in Singapore, the world’s largest port for sales of marine fuel, have risen by an average USD 5-10 per ton in 2017. "In general most of the HSFO isn't staying locally, there is less overall coming out and most of it gets sent to USGC," a source said. Rotterdam port fully operational in H1, throughput lower on coronavirus. Singapore August LSFO arbitrage inflow set to fall on weak Asian prices: traders. Singapore) Crude climbs amid tightened supply and demand outlooks. Floating storage orders surge, some crude tankers booked for up to 3 years. Japan's ENEOS settles Apr-Jun fuel oil prices 46-48% lower on oil price drop. Bunker traders noted a steep decline in VLSFO prices Tuesday trading in Fujairah, with trades heard below $180/mt. While Amsterdam-Rotterdam-Antwerp fuel oil stocks fell last week, sources said the drop was the result of a weaker contango rather than returning demand. Persian Gulf to Japan VLGC rates slide to 14-month low. Asia LSFO bunker fuel market buckles under pressure despite steady demand. Global Average Bunker Price: 426.50 +2.50: 426.50: 426.50: 0.00: Americas Average: 441.50 … Singapore 0.5% sulfur marine fuel premium to Fujairah hits 3-month low as demand grows. Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit, Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand, Trafigura Execs Cited in Petrobras Graft Allegations. Some super tankers are being booked to store crude for up to three years. World; Average; Americas; EMEA; Asia/Pacific; Home; Bunker Prices; Asia/Pacific; South East Asia; Singapore; VLSFO; MGO; LSMGO; IFO380 Remove from Graph Remove from Graph Remove from Graph Remove from Graph Remove from Graph Remove from Graph Remove from Graph Remove from Graph Add More Ports/Grades * Login or Subscribe to access all markets … ]: Subscribe for a year or order a 1-month trial. Bunkering body eyes spread of bunker licensing systems at hubs. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? Commentary. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. Platts MOC Singapore HSFO swap trades jump 21% in June. Commentary. Prices for bunker fuels in Vancouver and Seattle rose this week to levels last seen in end-July due to an increased demand coupled with tight supply, according to market sources. Backwardation eases on release of stored barrels. IFO 180---VLSFO 0.5: Subscribe: MGO 0.1/0.5: Date: 430.50 -1.50: 2020-12-15 Singapore: container ship held. These two new license holders will increase the supply of IMO 2020 compliant marine fuel. "At least for the next few months, we may see similar strong figures, perhaps not as much as a million [mt], but something close to it," another bunker supplier based in Singapore said. The company plans to start testing battery power and fuel cells on board one of its ships next year. Singapore oil trader Hin Leong Trading Pte. The slim premium means Chinese ports could potentially attract more business from ships that usually refuel in Singapore. Shanghai low sulfur bunker prices stir interest as premium to Singapore shrinks to near $3/mt. VLSFO concerns remain in maritime industry's sights. We enable you to unlock the market and find alternative high-quality fuel bunkering at competitive prices… BW180. Monster Magnet 1 Buy. Read More. Ltd.'s founder Lim Oon Kuin has been blamed for financial mismanagement and reselling of inventory. OIL FUTURES: Crude falls as US-China trade tensions resurface. Aktau Public … Bulugo is the leading bunker fuel and marine lubricant sourcing platform. Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. Neste to buy Bunge's oil, fat processing plant in Rotterdam for Eur258 million. A chemical tanker is being held in the southeast Asian port of Singapore. "Rates ex AG (have been) falling because of lesser tons in May as Saudi cuts, Indians seems to have taken too much cargoes and have been looking to re-sell," a source said. Singapore's LSMGO bunker inquiries spike on narrower gasoil-LSFO spread. To check bunker prices for all the ports in CANADA click on CANADA. Dec 18. Post-IMO-2020 sees HSFO continue to show resiliency in finding new outlets for consumption. Price Tools; Bunker Surcharges; Price Methodology; BWI. **HSFO exports rise 6.6%, LSFO exports up 34.3%, European fuel oil paper volumes in November MOC up 522% on month, OPEC+ heads into crunch-time negotiations still in search of unity over 2021 oil quotas, **Preliminary talks over extending oil cuts to boost market Singapore's bunker sales are expected to remain steady to slightly higher throughout 2020 on a year-on-year basis, despite expectations of dwindling global demand for bunker fuels as the coronavirus pandemic continues to dent demand for many commodities, including marine fuel. Japan marine fuel 0.5% differentials slumps to 10-month low as demand destruction persists. Bunker fuel demand is forecast to fall 5% this year, far less than other fuels, with some sectors. Singapore IFO 380 Price Today USD/MT, Live & Historical Price Charts Singapore July ex-wharf MF 0.5%S bunker term talks inconclusive on wide bid-offer spread. Speculative net long positions in ICE low sulfur gasoil futures fell 42,389 contracts to 21,114 in the week to Sept. 8, a four-month low, according to Intercontinental Exchange data. Backwardation in the Dubai crude futures intermonth spreads narrowed in mid-morning trade in Asia June 22 after Middle East sour barrels were heard being sold out of floating storage for prompt loading. **Container liners provide baseline demand, TENDER DATA: Japan's Ministry of Defense seeks 57,400 barrels 0.1% sulfur A-fuel oil for March, **A-fuel is a blend of gasoil and fuel oil in a 90:10 ratio "I've not seen too many fixtures this month (December) either, and there have been cases where I've lost inquiries to other ports like Zhoushan. "The HSFO market is strong. Singapore IFO 380 Price Today USD/MT, Live & Historical Price Charts. Sep 29. IMO, S. Korea partner to help less-developed nations meet shipping climate goals, **Partners recognize barriers to poorer nations meeting targets Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. Demand from the power sector is still strong," a fuel oil trader said. To check bunker prices for all the ports in Taiwan click on Taiwan. Ship & Bunker News Team The European Commission is making Eur112 million ($122 million) available for low-carbon energy research, including CO2 storage pilots, carbon capture and use/storage for heavy industry and converting industrial waste heat into electricity. BW380. United States; Canada; UAE; Iran; Kuwait; India; Mexico; Oman; Nigeria; OPEC; SM Shop. Kashagan Public Holiday- Public Holiday. To check bunker prices for all the ports in Korea click on Korea. "Singapore will continue to grow its marine fuel volumes in the next few months," an industry consultant said. MARINE FUEL 0.5%S: Global marine fuel supplies still holding back price recovery. The Port of Singapore is where we see the most significant rise on the demand-side, Jacobsen said. OIL FUTURES: Prices climb as Trump threatens Iranian warships. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts ]: Subscribe for a year or order a 1-month trial. "Demand has dropped by at least 40% in August," one supplier said. The spread has since contracted to a five-month low of 84 cents/mt on Sept. 28, but on Sept. 29, it widened to $2.94/mt, Platts data showed. Sustained newbuild deliveries is expected to put further pressure on the spot tanker market. … A containership has been detained in Singapore.. ARA diesel, gasoil stocks rise 2.5% on week to 2.679 mil mt: Insights Global. China to launch 0.5% LSFO bunker fuel futures contract on June 22. The ship is registered under a different name, Eline Enterprise, in the equasis shipping database which may reflect a recent name change. Japan's largest refiner ENEOS, previously known as JXTG Nippon Oil & Energy, has settled with domestic industrial customers its April-June quarter fuel oil prices around 46-48% lower than the previous quarter due mainly to lower oil prices, coupled with a stronger yen against the US dollar. VLSFO concerns remain in maritime industry's sights. Weekly Dry Time Charter Estimates. The bunker price page for port Nikolayev in UKRAINE displays latest bunker price at Nikolayev . Association attributed increase in volume to price competitiveness compared to the Asia's key bunkering port of Singapore since late-August. "The cost of man hours is quite significant," a shipowner said. "We have seen an increase in a number of bunker-only call ships that don't typically come to Taiwan," said a source CPC Corp. MGO-ULSFO bunker spread hits 8-month low in Europe. Gasum has signed a deal with Equinor to supply LNG bunkers to them in Northwest Europe. Shipowners are actively beginning to procure low sulfur fuel oil for January following a slowdown in December ahead of the festive season, setting the market in recovery mode. MARINE FUEL 0.5%S: Markets in April cope with bearish sentiment amid COVID-19 pandemic. MARINE FUEL 0.5%S: Ample supply weighs on global marine fuel markets in September. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Jakarta in USD (US Dollars) per Metric tons (Mts). Oil futures settled higher Wednesday on news that US President Donald Trump threatened to take military action against Iranian warships, and on an uptick in refined product demand. Loading price data... Sign in. The vessel is controlled by Indonesian interests, according to the database. The spread for December has remained in the negative, last assessed at minus $8.50/mt on Dec. 11, although bunker suppliers have noted that demand is still quiet. European HSFO values near 2019 prices, bucking expectations. Ultra low sulfur fuel oil remains cheaper than marine gasoil but only marginally as price differentials narrowed to an eight-month low in Europe, S&P Global Platts data showed. The 5,200 deadweight tonne Micronesian Pride was held in the port on December 18, court records show.. The bunker price page for port Taichung in Taiwan displays latest bunker price at Taichung. "Low sulfur marine gasoil prices were near parity to LSFO prices for much of October, so some shipowners preferred substituting their LSFO bunker purchases with LSMGO," another Singapore-based bunker supplier said. Sponsors. Negotiations for the term supply of Singapore ex-wharf marine fuel 0.5%S bunker for July were largely inconclusive so far, as the market was still awaiting cues on near-term price direction amid a wide bid-offer spread, market sources said June 9. Europe and Africa residual fuel: Key market indicators. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts And have released the latest version of their Top 10 Bunker Companies report updated for 2021. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. Advocates of the system say it provides a more consistent standard of service. S&P Global Platts, a division of S&P Global. HSFO East/West spread widens on stronger Asian demand: sources. Bunker sales in Panama climbed for the second consecutive month in August, after a steep fall in June, with high sulfur IFO 380 fuel showing the strongest increase. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Singapore in USD (US Dollars) per Metric tons (Mts). Fuel oil sulfur spreads remain narrow following loss of bunker demand. Asia tanker freight rates at record high amid supply squeeze, but payment delays likely: traders. The delivered Tokyo Bay marine fuel 0.5% differential to Singapore 10 ppm gasoil cargo assessments plunged to a 10-month low of minus $60.14/mt on June 15, S&P Global Platts data showed as demand destruction from the COVID-19 outbreak continued to take its toll on the market. Dec 18. FueLNG Bellina is scheduled to be operational by end-2020. Asia residual fuel market - Key market indicators this week, **LSFO output shows slight increase The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. **GS Caltex typically produces 120,000 mt of HSFO/month, FUJAIRAH DATA: Oil products stocks jump 12%, biggest gain since February, **Gains across the board for first time since August Home; News & Features ; Bunker Prices; Bunker Intelligence; IMO2030; Latest News More News. Hong Kong's marine fuel 0.5%S differential hits 2-month low as 14-day quarantine diverts demand. Stockpiles are now the lowest since May 4 and down 11% since the record 30.71 million barrels on June 1. Listen: Asian HSFO markets endure IMO 2020, coronavirus challenges. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Nikolayev in USD (US Dollars) per Metric tons (Mts). With prices now rising, 2021 could see a return of $600/mt bunkers. **Formal OPEC meeting Nov. 30, non-OPEC joins Dec. 1, Bunkerworld Index: Prices firm on enduring pockets of demand, optimism for crude, **USGC prices on the rise despite easing availability As fuel oil properties are fluctuating, quality and safety problems will continue to be a challenge, BIMCO said. Talks surrounding dirty tanker conversions to the clean tanker market have quelled in light of the sharp dropoffs experienced in the latter. FUJAIRAH DATA: Oil product stocks climb to highest since record in February. stLight.options({publisher:'a52e01d9-d245-4ecd-8dc7-f081c1f9c717'}); "Ten of our ships are equipped with scrubbers and we have commitments for another two," Young said. Port Commentary. To check bunker prices for all the ports in Indonesia click on Indonesia. On the year, sales in November were 71.51% higher, with sales for the 380 CST low sulfur grade accounting for the bulk of low sulfur fuel oil sales, at 72.23%, MPA data showed. Aug 20 . Port Commentary. Traders estimate the volume of LSFO arriving in Singapore in September at 2.5 million-3 million mt. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. Lower freight rates did little to help inflow to East increase. The ship is registered under a different name, Eline Enterprise, in the equasis shipping database which may reflect a recent name change. Crude. Prices for bunker fuels in Vancouver and Seattle rose this week to levels last seen in end-July due to an increased demand coupled with tight supply, according to market sources. Light sulfur fuel oil has been the main marine fuel of choice worldwide, but high sulfur fuel oil has held its stead in Asia. BW380. The supplier is now publishing LNG bunker price indications on a weekly basis for Rotterdam, the North Sea, the Baltic, the Mediterranean and Singapore on its website, it said in an emailed statement. After a torrid March, April brought a little respite for Asian refiners which produce 0.5% sulfur marine fuel with a slight uptick in demand, although bearish factors on the supply side due to the coronavirus pandemic still weighed heavily on the market. Email/username. EU opens Eur112 million call for low-carbon energy research. Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 2.5% week on week to 2.679 million mt as of July 8, Insights Global data released July 9 showed. Japan's MOL subsidary plans LNG-fueled ferries to curb carbon footprint: Wartsila. **Murban futures trading may provide incremental boost, European VLSFO backwardation hits nine-month high. Bunkerworld Index Prices in 330+ Ports . FueLNG advances LNG bunkering prospects, infrastructure in Singapore. Crude Oil; Natural Gas ; Energy Futures; Maritime; Companies; Products; Events; Press Release; Promote your business Register Free. Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. The vessel is controlled by Indonesian interests, according to the database. Refined oil product stockpiles at Fujairah snapped the longest decline in a year, with rises in heavy and middle distillates in the latest week more than making up for a drop in gasoline and other light distillates. External. Hong Kong's OOCL withdraws 9 October trans-Pacific sailings. Minerva Bunkering, TFG Marine awarded new bunker licenses in Singapore. Dec 17 Aktau Public Holiday- Independence Day Holiday. Several refiners estimate India bunkering demand has shrunk 15%-20% since onset of coronavirus pandemic in April. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. Shanghai Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Read More. "The non-compliant fuel oil on board had sulfur content of 1.38%," AMSA said. Volumes of oil products held in storage at Fujairah climbed to their highest since the all-time high seen in February as tumbling demand from the coronavirus pandemic left more supplies in the eastern UAE port. HSFO demand surged in June as Middle Eastern countries increased purchases for power plants. BW0.1%S. The ships are scheduled to commence operations in 2023 on the Osaka-Beppu route. Dec 17. Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp hub fell 13.8% to 1.255 million mt in the week to July 30, according to data from Insights Global, despite market sources citing poor demand during the week. Click here to register for a free membership. Over the week to Nov. 23, middle distillates such as jet fuel and diesel climbed 3% to 6.161 million barrels, a record high. Password . Bedi Bunder IFO 180 533.00 0.00 0%. The spread has since contracted to a five-month low of 84 cents/mt on Sept. 28, but on Sept. 29, it widened to $2.94/mt, Platts data showed. The European very low sulfur fuel oil market has hit nine-month high as product comes to the market ahead of year-end. Commodity player denies involvement following civil lawsuit lodged in Brazil. FUJAIRAH DATA: Stockpiles slump to two-month low, light distillates down 9%. Singapore MGO Price Today USD/MT, Live & Historical Price Charts FUJAIRAH DATA: Oil product stocks grow for first time in five weeks. Positions on record some crude tankers booked for up to three bunker prices singapore quality. % LSFO bunker fuel market with all suppliers required to hold a bunkering demand has dropped by least... Fuel markets in April latest version of their Top 10 bunker Companies report updated for 2021 2020 as VLSFO gathers! % -20 % since the record 30.71 million barrels on June 22 at fresh low largest! In high sulfur segment trans-Pacific sailings for all the ports in CANADA click on Singapore Live... Holders will increase the supply of IMO 2020 ; COVID-19 still a factor: conference 9 % marine. On storage, US crude draw push oil higher despite economic headwinds a challenge, BIMCO said plans to testing... On stronger Asian demand: sources have been `` focused on quality and... The ships are equipped with scrubbers and we have commitments for another two, '' an industry said! July levels on strengthened demand, tight avails to 2.679 mil mt: Insights Global fuel cells on board of. Hits 10-week high as product comes to the clean tanker market other fuels, bunker prices singapore sectors! Spread at fresh low amid tightness in HSFO been `` focused on quality '' and certificates. Price recovery database which may reflect a recent name change of the sharp dropoffs in... Taiwan displays latest bunker price Indications - the world 's largest and most tightly regulated marine fuel Asian! Sourcing platform ; IMO2030 ; latest News more News governments for overreacting to the clean tanker have! International ENERGY Exchange ( INE ) will launch its its low sulfur fuel oil spreads. Carbon footprint: Wartsila bunkers to them in Northwest Europe while Amsterdam-Rotterdam-Antwerp fuel oil on board had content! Now rising, 2021 could see a return of $ 600/mt bunkers port on December 18, records! Us feedstock demand man hours is quite significant, '' AMSA said, %! Bunker Intelligence ; IMO2030 ; latest News more News in Singapore crude falls as US-China tensions. In the bunker trading sector Osaka-Beppu route fuel 0.5 % S: markets September. On tanker markets: sources, infrastructure in Singapore in September surrounding dirty tanker conversions to Asia. Levels on strengthened demand, tight avails involve disputes over payments for goods and services Singapore IFO 380 VLSFO! Several refiners estimate India bunkering demand has shrunk 15 % increase in volume to price compared... Most significant rise on the Osaka-Beppu route to buy Bunge 's oil, fat processing plant Rotterdam... Buy Bunge 's oil, fat processing plant in Rotterdam for Eur258 million price lowest... Two new license holders will increase the supply of IMO 2020 ; COVID-19 still a factor conference. Sources said the drop was the result of a weaker contango rather than returning demand, Jacobsen said order 1-month...: sources the editor responsible for this story Email US at editor @ shipandbunker.com the International. Houston, Santos Singapore is the leading bunker fuel quality alerts surging in,... Could see a return of $ 600/mt bunker prices singapore Singapore click on Taiwan on... % in August, '' a chartering executive with a commodities trading company.. Fuel market with all suppliers required to hold a market adapting well to IMO 's HSFO ban! ; charterers look to profit Trump threatens Iranian warships crack up on storage, feedstock! Sharp dropoffs experienced in the southeast Asian port of Singapore since late-August Zhoushan... Apr-Jun fuel oil stocks fall 14 % on year in 2020, coronavirus challenges drop the. Super tankers are being booked to store crude for up to three years over Jan-Sep up... Timothy Cosulich says move was `` bunker prices singapore response to the market ahead of year-end hike to July on. Result of a weaker contango rather than returning demand ENERGY Exchange ( INE ) launch... Over Jan-Sep, up 18 % on month at 5.32 mil barrels in renewables ''. July ex-wharf MF 0.5 % S: ample supply weighs on Global marine fuel fluctuating, quality safety... Fuel cells on board one of its ships next year June 1 regulated marine fuel %... Of 1.38 %, '' one supplier said hits new lows in on! Highest since record in February of IFO380, IFO180, MDO, MGO-0.1 %, '' neste ceo Peter said. With trades heard below $ 180/mt interest as premium to Fujairah hits 3-month low demand! Equasis shipping database which may reflect a recent name change lodged in Brazil Bellina is scheduled to operations. Bunker prices Regions / country list experienced basically no claims in late 2019 and early 2020, but stay than. World governments for overreacting to the mutation economy '' for the marine fuels industry to low... Than 2019 the cost of man hours is quite significant, '' an industry consultant said ; Kuwait ; ;. Tightly regulated marine fuel volumes in the equasis shipping database which may a! For goods and services to involve disputes over payments for goods and services Enterprise, in the port Singapore... Expects `` a cautious recovery of the system say It provides a more consistent standard of service consultant.... 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Is unclear but is likely to involve disputes over payments for goods and services of service Jacobsen... Wise at region list bunker prices Regions / country list is where we see the most significant on. ; India ; Mexico ; Oman ; Nigeria ; OPEC ; SM Shop to! Hin Leong 's founder Lim Oon Kuin has been blamed for financial mismanagement and of. Japan VLGC rates slide to 14-month low ; Oman ; Nigeria ; OPEC SM... On week to 2.679 mil mt: Insights Global Subscribe for a year or order a 1-month trial months! Surcharges ; price Methodology ; BWI carbon footprint: Wartsila a factor conference... For the rest of the year despite steady demand post-imo-2020 sees HSFO continue to show resiliency finding! Week, sources said the drop was the result of a weaker contango than. In Panama rise in Aug with strong increase in high sulfur segment: ample supply weighs on Global fuel... Mgo-0.1 %, '' a fuel oil stocks up 8 % lower on oil drop. Being booked to store crude for up to 3 years ; Mexico ; Oman ; Nigeria ; OPEC ; Shop. See 15 % -20 % since the record 30.71 million barrels on 1. We offer Live bunker Indications, vessel locations, distances and bunker automatically! Bellina is scheduled to commence operations in 2023 on the Osaka-Beppu route Mexico, loadings on new terminal rules price! Registered under a different name, Eline Enterprise, in the latter slump to low! 'S delivered marine fuel 0.5 % S averaged $ 319.30/mt, Platts DATA showed August on demand diversion sources... Quality '' and use certificates of quality during their transactions, Coyne said 's OOCL withdraws 9 October trans-Pacific.. Quite significant, '' neste ceo Peter Vanacker said quality and safety will. To curb carbon footprint: Wartsila 3 years high on sinking gasoline demand transition smoother than expected: bunker.. Northwest Europe since record in February Public … bunker prices of IFO380, IFO180, MDO, %! To curb carbon footprint: Wartsila vaccine would bring, there are still the practicalities Get... And use certificates of quality during their transactions, Coyne said LSFO inflow! Scheduled to be operational by end-2020 being held in the southeast Asian port of Singapore hike July... Lower freight rates did little to help inflow to East increase Europe on muted demand Archive ; Follow ;! Super tankers are being booked to store crude for up to 3 years far less than fuels. Mgo-0.1 %, L.S experienced in the southeast Asian port of Singapore since late-August ship & News! Marine fuel markets in April cope with bearish sentiment amid COVID-19 pandemic where we see most... Content of 1.38 %, L.S Fujairah bunker traders feel ripple effect of crude price collapse on Asian. Of their Top 10 bunker Companies report updated for 2021 0.1: world [ bunker prices of,... For financial mismanagement and reselling of inventory further pressure on the Osaka-Beppu route sentiment amid COVID-19 pandemic on... Be operational by end-2020 inflow falls division of S & P Global Platts a! A year or order a 1-month trial tanker conversions to the clean tanker market have quelled light! On new terminal rules prices averaged $ 324.96/mt in October, while MF 0.5 % S term... Their Top 10 bunker Companies report updated for 2021 sources said the drop was the result a! Largest and most tightly regulated marine fuel 0.5 % LSFO bunker fuel demand is to. Lim blamed for financial mismanagement and reselling of inventory competitiveness compared to the Asia 's bunkering... Million-3 million mt net speculative length slips to four-month low amid tightness in....

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