Bunker sales in Panama rise in Aug with strong increase in high sulfur segment. Bunker traders noted a steep decline in VLSFO prices Tuesday trading in Fujairah, with trades heard below $180/mt. stLight.options({publisher:'a52e01d9-d245-4ecd-8dc7-f081c1f9c717'}); BWI. 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. **Ministry regularly buys by fuel by tender, **Singapore 0.5%S FO values expected to remain supported 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. The spread between physical prices for 3.5%S FOB Rotterdam barges in 2019 and 2020 reached as close as $4/mt year on year on Sept. 1, assessed at $257/mt, before the spread widened again. **Russia, Kazakhstan said to seek output rise, UAE undecided 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. Commentary. Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. 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. Crude Oil; Natural Gas ; Energy Futures; Maritime; Companies; Products; Events; Press Release; Promote your business Register Free. BW0.1%S. A containership has been detained in Singapore. In favour of a move into renewables market. Aktau Public … Advocates of the system say it provides a more consistent standard of service. A chemical tanker is being held in the southeast Asian port of Singapore. **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 JAPAN DATA: Nov. 22-28 oil product exports rebound 23% to 2.4 mil barrels, **Gasoil exports jump 36.9% ]: Subscribe for a year or order a 1-month trial. Dec 18. Hong Kong imported 846,491 kiloliters, or 5.32 million barrels, of fuel oil in May, up 59.4% from April and up 2.5 times year on year, data released July 15 by Hong Kong's Census and Statistics Department showed. Singapore July ex-wharf MF 0.5%S bunker term talks inconclusive on wide bid-offer spread. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. While sales of 380 CST marine fuel oil bunkers stood at 995,000 mt in November, 10,000 mt less than the highest volumes so far in 2020 … "The acquisition of the refinery plant supports our global growth strategy in renewables," Neste CEO Peter Vanacker said. "The industry experienced basically no claims in late 2019 and early 2020," Steffen Kortegard said. Dec 17 Aktau Public Holiday- Independence Day Holiday. Europe and Africa residual fuel: Key market indicators. HSFO East/West spread widens on stronger Asian demand: sources. We offer live bunker indications, vessel locations, distances and bunker plans automatically through WhatsApp for free. Home; News & Features ; Bunker Prices; Bunker Intelligence; IMO2030; Latest News More News. Asia tanker freight rates at record high amid supply squeeze, but payment delays likely: traders. CRUDE OIL PRICES; BUNKER PRICES; Gas Prices; ENERGY NEWS. Price Tools; Bunker Surcharges; Price Methodology; BWI. Fuel oil sulfur spreads remain narrow following loss of bunker demand. Fujairah bunker traders feel ripple effect of crude price collapse. Low scrappage rates weighing on tanker markets: sources. Monster Magnet 5 Buy. BW0.1%S. Read More. Aug 20 . Ship & Bunker News Team "The non-compliant fuel oil on board had sulfur content of 1.38%," AMSA said. The 5,200 deadweight tonne Micronesian Pride was held in the port on December 18, court records show.. Learn more about Bunkerworld. Sep 30. Singapore oil trader Hin Leong's founder OK Lim blamed for derivatives, inventory losses - filing. "Ten of our ships are equipped with scrubbers and we have commitments for another two," Young said. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. Platts MOC Singapore HSFO swap trades jump 21% in June. HSFO demand surged in June as Middle Eastern countries increased purchases for power plants. Singapore VLSFO 0.5% Historical Price; Historical Prices Available since Jan, 2020 BWDI. New York Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts "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. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. Click here. ARA fuel oil stocks fall 14% on week to 1.255 mil mt: Insights Global. Kashagan Public Holiday- Public Holiday. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Repsol expands VLSFO offer to 15 Spanish ports. Not a member? To check bunker prices for all the ports in Indonesia click on Indonesia. News Archive; Follow us; Get Daily Email; Subscribe; Contact Us; About; Sign in; Search. 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. BW180. Bulugo is the leading bunker fuel and marine lubricant sourcing platform. 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. 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. Dorian LPG sees dual fuel VLGC upgrade costing 3 three times scrubber retrofitting. … Asia LSFO bunker fuel market buckles under pressure despite steady demand. The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. OIL FUTURES: Crude hits 10-week high as economic restarts prompt demand optimism. Tanker owners see freight rates slump; charterers look to profit. 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. 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. **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 Bunker Prices Worldwide. Black Sea; Far East and South Pacific; Mediterranean; Middle East and Africa; North America; Northern Europe; South America; South Asia; OIL PRICE REGIONS. We enable you to unlock the market and find alternative high-quality fuel bunkering at competitive prices. Singapore marine fuel 0.5%S timespread, cash differentials at 5-month highs as cargo inflow falls. OIL FUTURES: Crude falls as US-China trade tensions resurface. These blanked sailings fall on October 3, 4, 5, 6, 9, 10, and 17, which coincide with China's upcoming Golden Week holiday. WEEKLY CONTAINER INDEX. VLSFO hits new lows in Europe on muted demand. Dec 18. The bunker price page for port Singapore in Singapore displays latest bunker price at Singapore. Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. Singapore oil trader Hin Leong Trading Pte. 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. BW180. Singapore's LSMGO bunker inquiries spike on narrower gasoil-LSFO spread. 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. Singapore) Talks surrounding dirty tanker conversions to the clean tanker market have quelled in light of the sharp dropoffs experienced in the latter. To check bunker prices for all the ports in Korea click on Korea. Some of the pricing will only be available for subscribers. File Image / Pixabay. 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). SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt, Asia residual fuel - Key market indicators this week. 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. S&P Global Platts, a division of S&P Global. Crude futures edged higher June 22 as the market weighed a tightening global supply picture against uncertain demand outlooks amid a spike in COVID-19 cases around the world. Spanish integrated producer Repsol said June 8 it has begun to offer very low sulfur fuel oil for loading into trucks at 15 of its Spanish ports. Sellers and suppliers have been "focused on quality" and use certificates of quality during their transactions, Coyne said. European HSFO values near 2019 prices, bucking expectations. United States; Canada; UAE; Iran; Kuwait; India; Mexico; Oman; Nigeria; OPEC; SM Shop. **Geopolitics may cause regional approaches, Bunker fuel supply tightens in North Asia on weak gasoil margins. Gasum has signed a deal with Equinor to supply LNG bunkers to them in Northwest Europe. All rights reserved. Post-IMO-2020 sees HSFO continue to show resiliency in finding new outlets for consumption. As fuel oil properties are fluctuating, quality and safety problems will continue to be a challenge, BIMCO said. Read More. FUJAIRAH DATA: Stockpiles slump to two-month low, light distillates down 9%. The Port of Singapore is where we see the most significant rise on the demand-side, Jacobsen said. European diesel markets looked weaker as traders saw demand falling back as coronavirus cases in Europe rose, while gasoil and jet fuel markets strengthened. TANKERS: Premiums rise for Pajaritos, Mexico, loadings on new terminal rules. Loading price data... Sign in. The bunker price page for port Montreal in CANADA displays latest bunker price at Montreal. Stockpiles are now the lowest since May 4 and down 11% since the record 30.71 million barrels on June 1. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. **Murban futures trading may provide incremental boost, European VLSFO backwardation hits nine-month high. EMEA Middle Distillates: Key market indicators this week. The vessel is controlled by Indonesian interests, according to the database. "Demand has dropped by at least 40% in August," one supplier said. "We had expected more orders after China returned from their golden week holidays, but it didn't happen," a trader said. "Our refinery will maintain its overall operating ratio below 70% in November too, so I think supply will still be tight," a source with a South Korean refiner said. Singapore: container ship held. Bunkerworld Index Prices in 330+ Ports . BW 0.5%S. Singapore's LSMGO bunker inquiries spike on narrower gasoil-LSFO spread. Crude futures settled higher amid signs that the continued reopening of economies in the US and Europe could bring balance to oversupplied oil markets in coming weeks. 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. ]: Subscribe for a year or order a 1-month trial. Gasoil barges in the Amsterdam-Rotterdam-Antwerp hub have risen to a three-month high versus cargoes amid a mix of factors on both the supply and demand sides of the market. 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. To contact the editor responsible for this story email us at editor@shipandbunker.com. To check bunker prices for all the ports in Singapore click on Singapore. Contact Us; Mail the Editor; Contact Sales; Compare Packages; Login to Bunkerworld. FUJAIRAH DATA: Oil product stocks climb to highest since record in February. **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 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 Taichung in USD (US Dollars) per Metric tons (Mts). 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