Category archives: News

ENGINE: Americas Bunker Fuel Market Update 10/11/21

Bunker prices have gained on the back of Brent after an indicative US crude stock draw and ahead of the official EIA report release.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($13/mt), New York ($8/mt) and Balboa and Zona Comun ($7/mt), and down in Houston …

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ENGINE: East of Suez Bunker Fuel Market Update 10/11/21

East of Suez fuel prices are up with Brent crude, and stems have been disrupted amid rough weather in South Korean ports.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($22/mt), Fujairah ($14/mt) and in Zhoushan ($11/mt) LSMGO prices up in Singapore ($20/mt), Zhoushan ($13/mt) and in …

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ENGINE: Europe & Africa Bunker Fuel Market Update 10/11/21

Low sulphur bunker prices have surged on the back of higher crude values in Europe and Africa, and supply remains tight in the Gibraltar region.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($15/mt), Rotterdam ($12/mt) and Durban ($9/mt) LSMGO prices up in Gibraltar ($22/mt), Rotterdam ($19/mt) and Durban …

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Morning Tanker FFA Report 10/11/21

News Headlines:   Oil rises on surprise U.S. crude stockpile decline (Reuters) Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. Brent crude futures were at $85.22 a barrel …

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Daily DCE Review 10/11/21

Iron ore futures closed lower at the day session, despite some rally in mid-session but failed to recover lost ground. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 4.62% day-on-day or down RMB 26 to RMB 536.50/mt, during the day trading session on Wednesday. The rebar futures followed the dip …

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Daily Capesize Review 9/11/21

Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …

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