ENGINE: Americas Physical Bunker Fuel Market Update 18/10/21

Some ports in the Americas have seen sharp bunker price rises for certain grades over the weekend, while most prices have been rangebound as Brent’s recent rally has slowed.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($13/mt), Balboa ($4/mt), Los Angeles ($2/mt) and New …

ENGINE: East of Suez Bunker Fuel Market Update 18/10/21

East of Suez bunker prices have increased from Friday’s levels, as Brent has gained more than $1/bbl.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt), Fujairah ($5/mt) and Singapore ($2/mt) LSMGO prices up in Singapore ($9/mt) and Zhoushan ($4/mt), and steady in Fujairah HSFO380 …

ENGINE: Europe & Africa Bunker Fuel Market Update 18/10/21

Bunker prices have reached fresh multi-month highs on the back of Brent’s rally, and rough weather could disrupt anchorage bunkering in the Gibraltar Strait tomorrow.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices up in Rotterdam ($4/mt), Gibraltar and Durban ($1/mt) LSMGO prices up in Rotterdam ($11/mt) and Durban ($2/mt), …

ENGINE: Americas Bunker Fuel Market Update 15/10/21

Most major US and Latin American bunkering locations have seen prices rise with Brent in the past day, while Houston’s VLSFO price has come off slightly.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($9/mt), New York and Los Angeles ($8/mt) and Zona Comun ($7/mt), and down …

FIS Fuel Oil Morning Report 18/10/21

At 10:52 am Singapore time (0235 GMT), the ICE December Brent futures contract was up 94 cents/b (1.1%) from the previous close at $85.87/b, a high not seen since October 2018. The NYMEX November light sweet crude contract rose $1.33/b (1.61%) at $83.60/b. It was last higher on October 2014.   Investors were now eyeing …

Daily Capesize Review 15/10/21

Capesize freight rates fell in prolonged correction period with bearish market outlooks, amid moderate shipping demand. The Capesize 5 time charter average, then plunged down by $5,764 day-on-day to $64,417 on Friday, following another string of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $208, down 4.11% day-on-day, to $4,854, due to …