Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …

ENGINE: Americas Bunker Fuel Market Update 07/10/21

Bunker prices have moved in mixed directions across the Americas as Brent’s decline has slowed after sharp losses yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Los Angeles ($11/mt), Balboa ($7/mt) and Zona Comun ($5/mt), and down in Houston ($8/mt) and New York ($4/mt) LSMGO prices …

ENGINE: East of Suez Bunker Fuel Market Update 07/10/21

East of Suez bunker prices have come off multi-month highs in the past day, tracking declining crude futures.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices down in Singapore and Zhoushan ($18/mt) and Fujairah ($10/mt) LSMGO prices down in Singapore ($15/mt), Zhoushan ($14/mt) and Fujairah ($12/mt) HSFO380 prices down …

ENGINE: Europe & Africa Bunker Fuel Market Update 07/10/2021

Bunker prices have dipped with crude futures across Europe and Africa, and rough weather has restricted bunkering off Malta to one of its six bunkering areas.   Changes on the day to 08.00 GMT today:   VLSFO prices down in Gibraltar ($19/mt), Rotterdam ($16/mt) and Durban ($3/mt) LSMGO prices down in Gibraltar ($27/mt), Durban ($24/mt) …

FIS Fuel Oil Morning Report 07/10/21

At 11:08 am Singapore time (0308 GMT), the ICE December Brent futures contract was down 49 cents/b (0.6%) from the previous close at $80.59/b, while the NYMEX November light sweet crude contract was 76 cents/b (0.98%) lower at $76.67/b.   EIA week ending 10/1 Crude oil: +2.3M Gasoline: +3.3M Distillates: -0.4M Refiner utilz: 89.6% Impld …

ENGINE: Americas Bunker Fuel Market Update 06/10/21

Bunker prices have come down from multi-month highs in the Americas, and Vancouver’s prices have risen against other ports along the North American coast.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices down in Houston and Zona Comun ($12/mt), Balboa ($11/mt), New York and Los Angeles ($10/mt) LSMGO prices …