Tag archives: FO

Ship Shape: When It Rains It Pours

  FIS: Ship Shape When It Rains It Pours   You might be mistaken for thinking that I am referring to the typically British weather that we have had recently, whereby what could have been a gloriously sunny summer has been interrupted by biblical rains and high winds.   Alas not, as awkwardly British as …

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Oil Morning Report 9/8/21

  Brent crude futures slid by $1.27, or 1.8%, to $69.43 a barrel by 0434 GMT, after having slumped 6% last week, their biggest weekly loss in four months. U.S. West Texas Intermediate (WTI) crude futures fell $1.29, or 1.9%, to $66.99 a barrel, after having slumped nearly 7% last week in their steepest weekly …

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ENGINE: Europe & Africa Bunker Fuel Market Update 6/8/21

Bunker prices are down with Brent in Europe and African ports, and Gibraltar holds at parity with price levels in Rotterdam.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($12/mt), Rotterdam ($7/mt) and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($11/mt), Durban ($10/mt) and Gibraltar ($9/mt) HSFO prices up …

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ENGINE: East of Suez Bunker Fuel Market Update 6/8/21

East of Suez bunker prices have mostly bounced back with rising Brent values in the past day, and an incoming typhoon threatens bunker disruptions in Japan over the weekend.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Singapore ($9/mt) and Zhoushan ($6/mt) LSMGO prices up in …

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Daily Capesize Review 5/8/21

Capesize freight rates extended its upward momentum to recover from previous slump, despite market concerns over shipping delays at Chinese ports. The Capesize 5 time charter average, then rose by $933 day-on-day to $36,608 on Thursday, due to improving market sentiments. The Baltic Dry Index (BDI) also went up by 1.75% day-on-day, or 58 points …

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ENGINE: Americas Bunker Fuel Market Update 5/8/21

Bunker prices are rangebound for most fuel grades in major ports across the Americas, as Brent values are steadier after a period of high volatility.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($4/mt), Los Angeles ($2/mt) and Balboa ($1/mt), and down in Houston ($2/mt) and …

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FIS Fuel Oil Morning Report 06/08/21

At 11:32 am Singapore time (0332 GMT), the ICE October Brent futures contract was up 14 cents/b (0.2%) from the previous close at $71.48/b, while the NYMEX September light sweet crude contract rose 12 cents/b (0.17%) at $69.21/b.   The pandemic continues to be at the forefront of the mind of many, not just in …

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