ENGINE: Europe & Africa Bunker Fuel Market Update 4/11/21

European and African bunker prices have mostly dropped with crude after a big stock build in the US, and several Mediterranean ports are experiencing supply issues.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($7/mt), Gibraltar ($3/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam and Durban ($9/mt) and …

Morning Tanker FFA Report 4/11/21

News Headlines:   Sinopec signs China’s largest long-term LNG contract with U.S. firm (Reuters) China’s Sinopec (600028.SS) has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years. The deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said …

Oil Morning Report 4/11/21

NYMEX December WTI settled $3.05 lower at $80.86/b and ICE January Brent declined $2.73 to $81.99/b.   EIA week ending 10/29 Crude oil: +3.3M Gasoline: -1.5M Distillates: +2.2M Refiner utilz: 86.3% Impld mogas demand: 9.50Mbpd   The crude build was largely in line with recent market expectations. American Petroleum Institute data released late Nov. 2 …

Supramax and Handy FFA Report 3/11/21

Please click below to view the report         Index Report below     https://fisapp.com/wp-content/uploads/2021/11/03.11.2021.pdf     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …

Cape and Panamax FFA Report 3/11/21

Please click below to view the report         Index Report below     https://fisapp.com/wp-content/uploads/2021/11/03.11.2021.pdf       For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US …

ENGINE: Americas Bunker Fuel Market Update 3/11/21

Americas bunker prices have been pushed down by declining Brent values after US crude stocks grew by more than expected.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in Balboa ($12/mt), Los Angeles and Zona Comun ($10/mt), New York ($4/mt) and Houston ($2/mt) LSMGO prices down in New York …