FIS API Blog
East of Suez bunker prices have inched down from Friday’s levels, and HSFO380 has tightened in Zhoushan. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($14/mt), Zhoushan ($12/mt) and Fujairah ($5/mt) LSMGO prices down in Fujairah ($17/mt), Zhoushan ($11/mt) and Singapore ($9/mt) HSFO380 prices up in Zhoushan …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 6/9/21”
Please click below to view the report 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): +1 813 490 6630
European and African bunker prices have been pulled down by Brent over the weekend as the futures contract has slipped from five-week intraday highs. Changes on the day since Friday to 08.00 GMT today: VLSFO prices down in Durban ($35/mt), Rotterdam and Gibraltar ($13/mt) LSMGO prices down in Durban ($39/mt), Rotterdam ($11/mt) and Gibraltar …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 6/9/21”
Capesize freight rates declined on slower market activities especially in the Pacific market, despite a firm Atlantic market. The Capesize 5 time charter average, then dropped by $760 day-on-day to $46,647 on Friday, amid a volatile paper market. The Baltic Dry Index (BDI) then fell by $57, down 1.42% day-on-day, to $3,944, as market sentiments …
At 10:49 am Singapore time (0249 GMT), the ICE November Brent futures contract was down 99 cents (1.36%) from the previous close at $71.62/b, while the NYMEX October light sweet crude contract was down 91 cents (1.31%) at $68.38/b. Both markers fell after US Department of Labor data released late Sept. 3 showed nonfarm …
Please click below to view the report 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): +1 813 490 6630
Bunker prices are rising today across East of Suez ports as Brent has gained 2% in the past day. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Zhoushan and Singapore ($10/mt) LSMGO prices up in Fujairah ($14/mt), Zhoushan ($13/mt) and Singapore ($12/mt) HSFO380 prices up in …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 3/9/21”
Most European and African bunker prices have made significant gains with support from a 2% Brent rise in the past day. Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($16/mt) and Rotterdam ($10/mt), and down in Durban ($7/mt) LSMGO prices up in Gibraltar ($14/mt), Durban ($13/mt) and Rotterdam ($12/mt) …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 3/9/21”
Capesize freight rates rebounded from previous slump, as tonnage list was shortened with better shipping demand. The Capesize 5 time charter average, then rose by $420 day-on-day to $47,407 on Thursday, as market sentiments improved. The Baltic Dry Index (BDI) however, dropped by $12, down 0.30% day-on-day, to $4,001, due to softening freight rates. …
At 12:19 pm Singapore time (0419 GMT), the ICE November Brent futures contract was down 1 cent/b (0.01%) from the previous close at $73.02/b while the NYMEX October light sweet crude contract was down 14 cents/b (0.2%) at $69.85/b. The latest Energy Information Administration data released late Sept. 2 showed that US crude inventories …
