Tag archives: FO

Daily Capesize Review 6/7/21

Capesize freight rates dipped lower in the oversupplied market, despite some comeback during the trading session. The Capesize 5 time charter average, then dropped down by $464 day-on-day to $27,309 on Tuesday, due to selling pressure during the session. The Baltic Dry Index (BDI) also slipped by 1.40% day-on-day, down 45 points to 3,179 readings, …

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ENGINE: Americas Bunker Fuel Market Update 6/7/21

ENGINE: Americas Market Update Bunker prices have mixed directions in the Americas amid a day of volatile Brent futures.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($5/mt), Zona Comun ($1/mt), and down in Houston and Los Angeles ($4/mt) and New York ($2/mt) LSMGO prices down in …

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ENGINE: East of Suez Bunker Fuel Market Update 6/7/21

ENGINE: East of Suez Bunker Fuel Market Update East of Suez bunker prices are on the rise for a second day, as Brent values have jumped above $77/bbl.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt), Singapore and Fujairah ($9/mt) LSMGO prices up in Fujairah ($34/mt), …

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Daily Capesize Review 5/7/21

Capesize freight rates continued to lose ground on thin trading activities amid sluggish shipping demand. The Capesize 5 time charter average, then plunged down by $1,333 day-on-day to $27,773 on Monday, after selloff session. The Baltic Dry Index (BDI) also dropped by 1.86% day-on-day, down 61 points to 3,224 readings, due to the weakening freight …

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FIS Fuel Oil Morning Report 06/07/2021

At 11:16 am Singapore time (0316 GMT), the ICE September Brent futures contract was up 25 cents/b (0.32%) from the previous close at $77.41/b, while the NYMEX August light sweet crude contract was up 30 cents/b (4%) at $76.64/b. The ICE Brent marker had settled 1.30% higher July 5 at $77.16/b, the highest on record …

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ENGINE – Americas Bunker Fuel Market Update 5/7/21

ENGINE: Americas Market Update   Most bunker prices have come up with Brent in the Americas, while New York’s prices have run counter to broader market movements by dropping since Friday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($12/mt), Balboa ($8/mt), Houston ($5/mt) and Los …

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