FIS API Blog
Bunker prices are mostly rangebound across European and African bunker hubs as they resist some of Brent’s upward push, while other prices have been pulled down by lower-priced stems. Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($1/mt), steady in Gibraltar, and down in Durban ($16/mt) LSMGO prices up …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 24/9/21”
Capesize freight rates rallied to record high levels, amid tight tonnage supply and improving shipping demand in both basins. The Capesize 5 time charter average, then rose by $1,968 day-on-day to $61,683 on Thursday, as market participants anticipated a super cycle ahead. The Baltic Dry Index (BDI) then jumped further by $91, up 2.00% day-on-day, …
Americas bunker prices have taken mixed directions, with some rallying further up with Brent, and others coming off after making significant gains yesterday. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($6/mt) and Zona Comun ($4/mt), and down in New York ($14/mt), Los Angeles ($6/mt) and Balboa …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 23/9/21”
At 10:40 am Singapore time (0240 GMT), the ICE November Brent futures contract was down 15 cents/b (0.19%) from the previous close at $77.10/b, while the NYMEX November light sweet crude contract was 20 cents/b (0.27%) lower at $73.10/b. ANZ research analysts noted that Brent crude oil prices were still at a three-year high …
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
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
East of Suez bunker prices are on the rise with Brent for a second day, and HSFO380 remains tight in Fujairah. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan and Singapore ($8/mt), Fujairah ($7/mt) LSMGO prices up in Zhoushan and Fujairah ($11/mt), and Singapore ($5/mt) HSFO380 prices …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 23/9/21”
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
Bunker prices extend their gains as Brent reaches above $76/bbl for the first time in two months, and Gibraltar Strait bunkering has been delayed by rough weather. Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($9/mt), Gibraltar ($7/mt) and Rotterdam ($6/mt) LSMGO prices up in Durban ($10/mt), Gibraltar ($5/mt) …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 23/9/21”
The Future of Fuel Oil With ESG concerns at the forefront, and debate on the future of bunker fuels, we ask our ‘oracle’ at Integr8 fuels, Anton Shamray, for his thoughts on the future direction of this vital market. Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-73/ Spotify – https://open.spotify.com/episode/3jqV1Y0z4wAZfX8mOYjHLQ?si=3MnFsI84TiGCoDUjyAvdKg&dl_branch=1 iTunes – https://podcasts.apple.com/gb/podcast/episode-73-future-of-fuel-oil/id1507094242?i=1000536257246 …
