FIS API Blog
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 …
Capesize freight rates continued to rally, due to tighter tonnage and port congestion among Chinese ports that extended turnaround time. The Capesize 5 time charter average, then rose by $3,446 day-on-day to $59,715 on Wednesday, as most of the Chinese trade participants returned to the market from holidays. The Baltic Dry Index (BDI) then jumped …
A near $2/bbl Brent jump has lifted prices across major bunker locations in the Americas in the past day, and bunkering has resumed after a weather suspension in Zona Comun. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($23/mt), Balboa ($18/mt), Los Angeles ($17/mt) and New …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 22/9/21”
At 0210 GMT, Brent futures contract was up 15 cents/b (0.2%) from the previous close at $76.34/b, while the NYMEX November light sweet crude contract was 9 cents/b (0.12%) higher at $72.32/b. “Crude prices rallied after US stockpiles tumbled to the lowest levels since October 2018,” said OANDA senior market analyst Edward Moya, adding …
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
Bunker prices have risen with Brent across East of Suez ports, and Zhoushan continues to price VLSFO slightly lower than other regional bunkering hubs. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($5/mt), Zhoushan and Singapore ($3/mt) LSMGO prices up in Zhoushan ($19/mt), Fujairah and Singapore ($4/mt) …
Continue reading “ENGINE: East of Suez 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 …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 22/9/21”
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
