ENGINE: Europe & Africa Bunker Fuel Market Update 22/9/21

European and African bunker prices have made fresh gains on the back of an uptick in crude values, and congestion has built amid rough weather in Gibraltar Strait ports.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($7/mt), Rotterdam and Gibraltar ($3/mt) LSMGO prices up in Rotterdam ($7/mt), Gibraltar …

ENGINE: Americas Bunker Fuel Market Update 21/9/21

Bunker prices are mostly trending downwards in the Americas, and bunkering is expected to resume in Zona Comun with calmer weather tomorrow.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($25/mt), steady in Houston, and down in Zona Comun ($8/mt), New York ($4/mt) and Balboa ($3/mt) …

ENGINE: Europe & Africa Bunker Fuel Market Update 21/9/21

Bunker prices have risen with Brent in major European and African ports, and Gibraltar Strait bunkering could be disrupted by incoming weather.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam and Gibraltar ($3/mt) LSMGO prices up in Gibraltar ($7/mt), Durban ($3/mt) and Rotterdam ($2/mt) HSFO prices up …

ENGINE: East of Suez Bunker Fuel Market Update 21/9/21

East of Suez bunker prices have risen with Brent since yesterday, and HSFO380 supply has gotten tighter in Fujairah.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($5/mt) and Zhoushan ($3/mt), and steady in Singapore LSMGO prices up in Singapore ($7/mt), and steady in Zhoushan and Fujairah …

ENGINE: Americas Bunker Fuel Market Update 20/9/21

Most prices are down across bunkering ports in the Americas, and weather disruptions are expected to halt deliveries in Zona Comun until tomorrow.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($16/mt), and down in Los Angeles ($18/mt), Zona Comun ($7/mt), Balboa ($4/mt) and New …

Morning Tanker Report 20/9/21

News Headlines: Oil down on stronger greenback, rising U.S. rig count (Reuters) Oil prices dropped on Monday, extending last week’s losses after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output stayed offline in the wake of two hurricanes.   …

ENGINE: East of Suez Bunker Fuel Market Update 20/9/21

Most bunker prices have slipped across East of Suez ports over the weekend, tracking lower Brent values.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO prices steady in Singapore, and down in Zhoushan ($12/mt) and Fujairah ($9/mt) LSMGO prices down in Zhoushan ($7/mt), Singapore ($5/mt) and Fujairah ($3/mt) HSFO380 …

ENGINE: Europe & Africa Bunker Fuel Market Update 20/9/21

Bunker prices have slipped further down with Brent over the weekend, and gale is set to suspend bunkering in Algoa Bay this afternoon.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices down in Rotterdam and Durban ($7/mt) and Gibraltar ($3/mt) LSMGO prices down in Gibraltar ($4/mt). Rotterdam and Durban ($3/mt) …

Morning Steel & Scrap Report 20/9/21

FOB China HRC The index kept flat on Friday (17.9.21) at US$909/t, MTD US$909/t.   Markets are inactive today with China on holiday for the Mid-Autumn Festival that runs through tomorrow.   Chinese production cuts have targeted rebar and wire rod output because the margins are narrower than for HRC. That led to prices to …