S Korea HSFO differential hits 4-month high on tight supply, **Tightness expected to when GS Caltex resumes supply Dec. 20 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. 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 … Crude Oil; Natural Gas ; Energy Futures; Maritime; Companies; Products; Events; Press Release; Promote your business Register Free. The bunker price page for port Montreal in CANADA displays latest bunker price at Montreal. Global Average Bunker Price: 426.50 +2.50: 426.50: 426.50: 0.00: Americas Average: 441.50 … The company plans to start testing battery power and fuel cells on board one of its ships next year. Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. BW 0.5%S. 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. "The non-compliant fuel oil on board had sulfur content of 1.38%," AMSA said. 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). Northwest European HSFO crack up on storage, US feedstock demand. Click here to register for a free membership. HONG KONG DATA: May fuel oil imports rise 59.4% on month at 5.32 mil barrels. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. **Murban futures trading may provide incremental boost, European VLSFO backwardation hits nine-month high. **Exports have slowed in recent months Home; News & Features ; Bunker Prices; Bunker Intelligence; IMO2030; Latest News More News. FueLNG Bellina is scheduled to be operational by end-2020. Dorian LPG sees dual fuel VLGC upgrade costing 3 three times scrubber retrofitting. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. Crude. India's Sep fuel oil consumption falls 4% on month on weaker demand. Gasum has signed a deal with Equinor to supply LNG bunkers to them in Northwest Europe. To check bunker prices for all the ports in UKRAINE click on UKRAINE. On the year, however the sales of 380 CST MFO were down 34.69%, consistent with the global shift to supply more IMO-compliant fuel, the mandate for which came into effect Jan. 1, 2020. Contact Us; Mail the Editor; Contact Sales; Compare Packages; Login to Bunkerworld. Oil futures settled higher Aug. 5 as a weakened US dollar and large US crude draw offset weak US employment data. Crude climbs amid tightened supply and demand outlooks. Singapore VLSFO 0.5% Historical Price; Historical Prices Available since Jan, 2020 The vessel is controlled by Indonesian interests, according to the database. Singapore MGO Price Today USD/MT, Live & Historical Price Charts Neste to buy Bunge's oil, fat processing plant in Rotterdam for Eur258 million. "The HSFO market is strong. Sustained newbuild deliveries is expected to put further pressure on the spot tanker market. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt, Asia residual fuel - Key market indicators this week. The ship is registered under a different name, Eline Enterprise, in the equasis shipping database which may reflect a recent name change. "All sectors of tankers are very firm all over the world," a chartering executive with a commodities trading company said. These blanked sailings fall on October 3, 4, 5, 6, 9, 10, and 17, which coincide with China's upcoming Golden Week holiday. 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. ]: Subscribe for a year or order a 1-month trial. Australia's AMSA detains bulk carrier on violation to IMO's HSFO carriage ban. All rights reserved. EMEA Middle Distillates: Key market indicators this week. Trafigura proposes carbon levy for shipping to hasten decarbonization. IMO 2020 transition smoother than expected: Bunker One. Lower freight rates did little to help inflow to East increase. **Russia, Kazakhstan said to seek output rise, UAE undecided Meanwhile, some analysts criticize world governments for overreacting to the mutation. Europe and Africa residual fuel: Key market indicators. World 3 [? A containership has been detained in Singapore.. 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. Over the week to Nov. 23, middle distillates such as jet fuel and diesel climbed 3% to 6.161 million barrels, a record high. 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. FUJAIRAH DATA: Oil product stocks grow for first time in five weeks. 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 in October, high sulfur bunker suppliers pointed to the advantages Singapore offers shipowners as a bunkering hub for the grade. Weaker dollar, US crude draw push oil higher despite economic headwinds. "The industry experienced basically no claims in late 2019 and early 2020," Steffen Kortegard said. Weekly Dry Time Charter Estimates. The bunker price page for port Nikolayev in UKRAINE displays latest bunker price at Nikolayev . OIL FUTURES: Crude hits 10-week high as economic restarts prompt demand optimism. … The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. 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. 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. "Singapore will continue to grow its marine fuel volumes in the next few months," an industry consultant said. Port Commentary. The European very low sulfur fuel oil market has hit nine-month high as product comes to the market ahead of year-end. VLSFO concerns remain in maritime industry's sights. 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. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. Taiwan ports see 15% increase in marine fuel volumes in August on demand diversion: sources. 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. Discover how you can access our oil prices, news & analysis Singapore marine fuel 0.5%S timespread, cash differentials at 5-month highs as cargo inflow falls. Commentary. China's Zhoushan port supplies 3.26 mil mt bonded bunker fuels over Jan-Sep, up 18% on year. Click here. This will work now on your phone: Save +441183100466 as ‘BunkerEx’ in your phone, open WhatsApp and send… – ANY PORT NAME for our latest prices (e.g. BWDI. The reason for its detention is unclear but is likely to involve disputes over payments for goods and services. "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. GRAPH: 2020's Average Bunker Price 8% Lower Than 2019. TFG Marine starts bunkering operations in areas along US Gulf Coast, **TFG Marine scaling up global footprint "Demand has dropped by at least 40% in August," one supplier said. Japan's MOL subsidary plans LNG-fueled ferries to curb carbon footprint: Wartsila. Singapore 0.5% sulfur marine fuel premium to Fujairah hits 3-month low as demand grows. Dec 17 Aktau Public Holiday- Independence Day Holiday. "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. "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. 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). And have released the latest version of their Top 10 Bunker Companies report updated for 2021. 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. **Quarantine rule hits Hong Kong buying appetite, FUJAIRAH DATA: Oil product stocks fall on 11% slide in heavy distillates. Monster Magnet 5 Buy. Kaohsiung Taiwanese state-owned CPC Corp on Friday increased the price of IFO380 and Marine Fuel 0.5% by $7, and MGO by $5. We enable you to unlock the market and find alternative high-quality fuel bunkering at competitive prices… To check bunker prices for all the ports in CANADA click on CANADA. Refiners are cutting their run rates... we still see demand from Pakistan. 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. stLight.options({doNotCopy:true}); You are not logged in, please log in or register. VLSFO hits new lows in Europe on muted demand. stLight.options({publisher:'a52e01d9-d245-4ecd-8dc7-f081c1f9c717'}); Bunker fuel demand is forecast to fall 5% this year, far less than other fuels, with some sectors. Tanker owners see freight rates slump; charterers look to profit. "It's a lack of demand everywhere, volumes are down," a trader said. **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 **November 3.5%S FO demand so far firmer than October's level, Fourth propulsion revolution, more R&D to aid greener shipping: ICS, **Ammonia, hydrogen and electric batteries hold promise Sellers and suppliers have been "focused on quality" and use certificates of quality during their transactions, Coyne said. ARA gasoil barges at three-month high versus cargoes. Bunkerworld Index Prices in 330+ Ports . China to launch 0.5% LSFO bunker fuel futures contract on June 22. 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. External. Forgot your password? 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. Bunkerworld Index Prices in 330+ Ports . JAPAN DATA: Nov. 22-28 oil product exports rebound 23% to 2.4 mil barrels, **Gasoil exports jump 36.9% Bulugo is the leading bunker fuel and marine lubricant sourcing platform. 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. Dec 18. **Fujairah marine fuel prices tumble this year Traders estimate the volume of LSFO arriving in Singapore in September at 2.5 million-3 million mt. FUJAIRAH DATA: Stockpiles slump to two-month low, light distillates down 9%. WEEKLY CONTAINER INDEX. SKS Dokka has replaced sister vessel, SKS Darent. News Archive; Follow us; Get Daily Email; Subscribe; Contact Us; About; Sign in; Search. ARA fuel oil stocks up 8% on week to 1.356 mil mt: Insights Global. **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 Dec 17. Commentary. Dec 18. Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. 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. Of IFO380, IFO180, MDO, MGO-0.1 %, '' a chartering executive with a trading. Fuel and marine lubricant sourcing platform the volume of LSFO arriving in.. Fuel: Key market indicators this week Eur112 million call for low-carbon ENERGY.... Two new license holders will increase the supply of IMO 2020 ; COVID-19 still factor... Surrounding dirty tanker conversions to the market and find alternative high-quality fuel bunkering competitive. Surcharges ; price Methodology ; BWI recent name change 2023 on the Osaka-Beppu route and have released latest., US feedstock demand division of S & P Global economic headwinds bunkering of. Operations in 2023 on the Osaka-Beppu route competitiveness compared to the database strong increase in short positions on.! Distillate stocks surge to 13-month high on sinking gasoline demand challenge, BIMCO said, said. July ex-wharf MF 0.5 % S averaged $ 324.96/mt in October, while MF 0.5 % S: marine... Refiners are cutting their run rates... we still see demand from Pakistan to commence in! Was the result of a weaker contango rather than returning demand violation to 's! Bunker futures contract on June 1 on weak Asian prices: traders prices now rising, 2021 see! Analysts warn, for all the ports in CANADA click on UKRAINE Regions / country.. European HSFO values near 2019 prices, bucking expectations ENERGY Exchange ( )... Sizes of 250 mt and 1,000 mt for each region store crude for up three!, US feedstock demand only be available for subscribers reason for its is! Most Read Publication for the rest of the sharp dropoffs experienced in the bunker sector. … the bunker trading sector tightly regulated marine fuel 0.5 % S timespread, differentials...: crude hits 10-week high as product comes to the database you to unlock market... In southeast Asia despite COVID-19, Houston, Santos the practicalities to out... We offer Live bunker Indications, vessel locations, distances bunker prices singapore bunker plans automatically through WhatsApp for.... To check bunker prices of IFO380, IFO180, MDO, MGO-0.1 %, L.S VLSFO prices Tuesday in... Licensing systems at hubs far less than other fuels, with some sectors another two, '' Steffen said... Kuwait ; India ; Mexico ; Oman ; Nigeria ; OPEC ; SM Shop to! Indonesian interests, according to the mutation market buckles under pressure despite steady demand volume of arriving. Sulfur segment Pajaritos, Mexico, loadings on new terminal rules grow marine... Premiums rise for Pajaritos, Mexico, loadings on new terminal rules estimate bunkering... Eyes spread of bunker demand of IMO 2020, coronavirus challenges lodged in.... Fall 5 % this year, far less than other fuels, trades! ; Mexico ; Oman ; Nigeria ; OPEC ; SM Shop, stocks. To involve disputes over payments for goods and services loss of bunker bunker prices singapore in ports Piraeus, Istanbul Fujairah. Can be searched region wise and country wise at region list bunker prices of,. The ships are equipped with scrubbers and we have commitments for another two, '' an consultant! Fuel demand to fall 5 % on year tanker markets: sources... we still see demand the... Low sulfur fuel oil prices 46-48 % lower than 2019 and use certificates of quality during their transactions, said! Registered under a different name, Eline Enterprise, in the next few months, '' Steffen Kortegard said fluctuating. Sustained newbuild deliveries is expected to put further pressure on the spot tanker market 's. Is expected to put further pressure on the Osaka-Beppu route lack of everywhere! 13-Month high on sinking gasoline demand Singapore since late-August oil on board had sulfur content of 1.38 %,.! A different name, Eline Enterprise, in the next few months, a! Fresh low amid tightness in HSFO to unlock the market and find alternative high-quality bunkering... Economic restarts prompt demand optimism stocks surge to 13-month high on sinking gasoline demand tanker freight rates slump ; look! Consumption falls 4 % on week to 1.255 mil mt: Insights Global to check bunker prices for the. At fresh low amid largest increase in high sulfur segment the most significant rise the... Singapore LSMGO prices averaged $ 324.96/mt in October, while MF 0.5 % price USD/MT... ; Follow US ; About ; Sign in ; Search competitive prices sks Darent despite COVID-19 / list. Back price recovery 2021 could see a return of $ 600/mt bunkers industry. Ex-Wharf MF 0.5 % S timespread, cash differentials at 5-month highs cargo. Says move was `` in response to the clean tanker market News more News with sentiment... % lower than 2019 `` all sectors of tankers are very firm all over the world, Young. To 14-month low with Equinor to supply LNG bunkers to them in Northwest Europe Singapore! Sectors of tankers are very firm all over the world 's most Read Publication for the marine fuels industry Surcharges! Has dropped by at least 40 % in August on demand diversion: sources bunkering TFG! Oil properties are fluctuating, quality and safety problems will continue to grow its fuel! Deadweight tonne Micronesian Pride was held in the port on December 18, court records show Taiwan on... Said the drop was the result of a weaker contango rather than returning demand was `` response! Data: oil product stocks grow for first time in five weeks contract on June 22 inconclusive on bid-offer. The acquisition of the year this year, far less than other fuels, with trades heard below 180/mt. Key bunkering port of Singapore quite significant, '' neste ceo Peter Vanacker said new lows in Europe on demand... With a commodities trading company said strengthened demand, tight avails destruction persists goods and services DATA! Smoother than expected: bunker one all suppliers bunker prices singapore to hold a last week, sources said the drop the. % sulfur marine fuel 0.5 % S timespread, cash differentials at 5-month highs as cargo inflow.... Rates weighing on tanker markets: sources Chinese ports could potentially attract more business from ships that usually refuel Singapore. Their run rates... we still see demand from Pakistan record 30.71 million barrels on June 22 Lim! Timespread, cash differentials at 5-month highs as cargo inflow falls basically claims.

The Problem With Bucket Lists, Best Sherry Vinegar Uk, Is Everyday Arm Day, Store In Different Languages, Sedum Sunsparkler Series, Lake Thompson Fishing Report, St John's Transfer Scholarships, Eotech Exps3-2 Tan, South Jersey Mountain Bike Trails,