Category archives: Fuel Oil

ENGINE: Europe & Africa Bunker Fuel Market Update 28/7/21

Bunker prices are mostly steady on the day, and bunkering faces weather disruptions in Port Elizabeth and Algoa Bay over the next week.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Gibraltar and Durban, and down in Rotterdam ($1/mt) LSMGO prices up in Durban ($7/mt) and Rotterdam ($2/mt), and down …

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Daily Capesize Review 27/7/21

Capesize freight rates dipped lower amid market uncertainty over bad weathers and stringent shipping crew changes from rising Covid cases. The Capesize 5 time charter average, then fell by $875 day-on-day to $31,880 on Tuesday, due to easing of tonnage supply tightness. The Baltic Dry Index (BDI) then went down by 1.37% day-on-day, or 44 …

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ENGINE: Americas Bunker Fuel Market Update 27/7/21

Bunker prices have mixed direction across the Americas, and stormy weather is set to disrupt bunkering in parts of Argentina and Brazil over the next two days.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($8/mt), Houston ($7/mt), Balboa ($6/mt) and Zona Comun ($3/mt), and down …

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ENGINE: East of Suez Bunker Fuel Market Update 27/7/21

Bunker prices have risen with Brent in East of Suez ports and recovered some of yesterday’s losses.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($8/mt), Fujairah ($1/mt), and steady in Zhoushan LSMGO prices up in Singapore ($3/mt), steady in Zhoushan, and down in Fujairah ($9/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 27/7/21

A jump in Brent has reversed bunker price declines in Gibraltar and Rotterdam in the previous session, while Durban’s prices have dipped further.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($6/mt) and Gibraltar ($3/mt), and down in Durban ($5/mt) LSMGO prices up in Gibraltar ($14/mt), and down in …

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Daily Capesize Review 26/7/21

Capesize freight rates started sluggish at the start of the week but found supports from typhoon disruption that tightened ship supply. The Baltic Dry Index (BDI) then inched up slightly by 0.34% day-on-day, up 11 points to 3,210 readings, from the firmer freight rates.   Tight vessel supply from bad weathers Trade participants were concerned …

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