Category archives: Fuel Oil

Daily Capesize Review 12/7/21

Capesize freight rates continued to stay afloat with slight gains, though there was some softening in the Pacific and the Atlantic basins. The Capesize 5 time charter average, then inched up by $294 day-on-day to $31,266 on Monday, byproduct of the recent rally in the FFA market.   Slow market activities despite healthy cargo list …

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FIS Fuel Oil Morning Report 13/07/21

At 10:24 am Singapore time (0224 GMT), the ICE September Brent futures contract was up 16 cents/b (0.21%) from the previous close to $75.32/b, while the NYMEX August light sweet crude contract was up 17 cents/b (0.23%) at $74.27/b.   Brent crude oil complex remains in a mixed territory at present owing to the precarious …

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ENGINE: Americas Bunker Fuel Market Update 12/7/21

Most bunker prices have moved markedly down in the Americas, and Zona Comun’s VLSFO price has swung to discounts to some Brazilian ports further north.    Changes on the day to 09.30 CST (14.30 GMT) today:  VLSFO prices up in Balboa ($1/mt), and down in New York ($12/mt), Los Angeles ($11/mt), Zona Comun ($9/mt) and Houston ($5/mt)  …

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ENGINE: East of Suez Bunker Fuel Market Update 12/7/21

East of Suez bunker prices are mostly up from Friday’s levels, tracking higher Brent values.     Changes on the day from Friday to 16.00 SGT (08.00 GMT) today:  VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($7/mt), and down in Singapore ($1/mt)   LSMGO prices up in Singapore ($6/mt), Singapore and Zhoushan ($3/mt)   HSFO380 prices up in Fujairah ($5/mt) and Singapore …

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ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21

European and African bunker prices have edged up over the weekend, and outer anchorage bunkering is possible in Las Palmas again with calmer weather.    Changes on the day to 08.00 GMT today:  VLSFO prices up in Gibraltar ($5/mt) and Rotterdam ($2/mt), and down in Durban ($1/mt)  LSMGO prices up in Gibraltar ($4/mt) and Durban …

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Daily Capesize Review 9/7/21

Capesize freight rates recovered from recent slump and drove up on better Atlantic basins, while market slowed down in the Pacific basin. The Capesize 5 time charter average, then increased by $712 day-on-day to $30,972 on Friday, after some improvement in the trading session. The Baltic Dry Index (BDI) also rose slightly by 0.58% day-on-day, …

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