Tag archives: FO

Daily Capesize Review 17/11/21

Capesize freight rates extended losses in seasonally lean period, amid weak iron ore and steel demand in China. The Capesize 5 time charter average, then slumped by $2,653 day-on-day to $25,406 on Wednesday, amid a selloff session. The Baltic Dry Index (BDI) then dropped by $161, down by 6.21% day-on-day, to $2,430, due to softening …

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ENGINE: Americas Bunker Fuel Market Update 17/11/21

Americas bunker prices have inched down with Brent, and there are signs of better prompt bunker availability in Panama.   Changes on the day to 08.30 CST (14.30 GMT) today: VLSFO prices down in Zona Comun ($26/mt), Los Angeles ($4/mt), Houston and New York ($2/mt) and Balboa ($1/mt) LSMGO prices up in Balboa ($2/mt), and …

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ENGINE: East of Suez Bunker Fuel Market Update 17/11/21

East of Suez fuel prices are down on the day in response to fall in Brent crude, and Japan has low supply of bunker fuels.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($18/mt), Fujairah ($15/mt) and Singapore ($9/mt)  LSMGO prices down in Fujairah ($16/mt), Singapore and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 17/11/21

Bunker prices have mostly dipped with Brent in Europe and Africa, and rough weather could disrupt Gibraltar Strait bunkering for several days from today.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($4/mt) and Gibraltar ($1/mt), and down in Durban ($5/mt) LSMGO prices down in Gibraltar and Durban ($7/mt) …

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Morning Oil and Products Report 17/11/21

At 11:24 am Singapore time (0324 GMT), the ICE January Brent futures contract was down 63 cents/b (0.76%) from the previous close at $81.80/b, while the NYMEX December light sweet crude contract fell by 67 cents/b (0.83%) to $80.09/b.   API Crude +0.655m Gasoline -2.792m Distillate +107k   Data from the American Petroleum Institute industry …

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ENGINE: Americas Bunker Fuel Market Update 16/11/21

Bunker prices have mostly moved against Brent’s rise, while Zona Comun and Houston’s prices have gained with Brent values.    Changes on the day to 08.30 CST (14.30 GMT) today:  VLSFO prices up in Zona Comun ($37/mt) and Houston ($6/mt), and down in Los Angeles ($30/mt), Balboa ($12/mt) and New York ($4/mt)  LSMGO prices up …

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