FIS API Blog
Low sulphur bunker prices have surged on the back of higher crude values in Europe and Africa, and supply remains tight in the Gibraltar region. Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($15/mt), Rotterdam ($12/mt) and Durban ($9/mt) LSMGO prices up in Gibraltar ($22/mt), Rotterdam ($19/mt) and Durban …
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Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …
At 10:49 am Singapore time (0249 GMT), the ICE January Brent futures contract was up 38 cents/b (0.45%) from the previous close at $85.16/b while the NYMEX December light sweet crude contract rose 14 cents/b (0.17%) at $84.29/b. The EIA in its latest Short-Term Energy Outlook said growth in output from OPEC+ members, US …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1-203-979-7023
Americas bunker prices have traded higher with Brent, and Houston’s prices have gained against several other key ports. Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($27/mt), Los Angeles ($16/mt), Zona Comun ($11/mt), New York ($7/mt) and Balboa ($5/mt) LSMGO prices up in Houston ($32/mt), New York …
Continue reading “ENGINE: Americas Bunker Fuel Market Update 9/11/21”
East of Suez fuel prices are mostly down with Brent crude, and bunkering has resumed with calmer weather conditions in Shanghai. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($13/mt), Fujairah ($2/mt) and Singapore ($1/mt) LSMGO prices down in Zhoushan ($22/mt), Fujairah ($20/mt) and Singapore ($2/mt) HSFO380 …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 9/11/21”
European and African bunker prices are mostly rangebound amid steady Brent levels, and the upward pressure on Gibraltar’s VLSFO price could have eased after recent supply disruptions. Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($7/mt) and Durban ($4/mt), and down in Gibraltar ($5/mt) LSMGO prices up in Durban …
Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 9/11/21”
At 10:11 am Singapore time (0211 GMT), the ICE January Brent futures contract was up 11 cents/b (0.13%) from the previous close at $83.54/b, while the NYMEX December light sweet crude contract was similarly up 11 cents/b (0.13%) at $82.04/b. US Energy Secretary Jennifer Granholm said Nov. 8 that US President Joe Biden might …
Capesize freight rates continued to book gains with improving demand in the Pacific amid thin trading activity. The Capesize 5 time charter average, then inched up by $815 day-on-day to $28,014 on Monday, recovering from recent corrections. The Baltic Dry Index (BDI) reflected the freight improvement with hike of $3, up slightly by 0.11% day-on-day, …
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1-203-979-7023
