Tag archives: FO

A Room with a Technical View 07/02/22

  Capesize March Futures – The roll from February to March resulted in the futures gapping higher, from a technical perspective the upside move created by the roll means the technical is considered bullish, as the rolling front month contract traded above the USD 14,750 level. As noted on the morning technical reports, momentum had …

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ENGINE: Europe & Africa Bunker Fuel Market Update 04/02/22

European and African bunker prices have soared to multi-year and all-time highs, and this week’s cyber attack has crippled bunker loading capacity in Antwerp.   Changes on the day to 09.00 GMT today: · VLSFO prices up in Durban ($49/mt), Gibraltar ($46/mt) and Rotterdam ($25/mt) · LSMGO prices up in Durban ($56/mt), Gibraltar ($36/mt) and …

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ENGINE: East of Suez Bunker Fuel Market Update 04/02/22

East of Suez bunker prices have shot up with Brent, and deliveries have resumed in Hong Kong after muted activity during the Chinese Lunar New Year holiday.   Changes on the day to 17.00 SGT (09.00 GMT): · VLSFO prices up in Singapore ($56/mt), Fujairah ($38/mt) and Zhoushan ($30/mt) · LSMGO prices up in Fujairah …

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