bunker prices singapore

bunker prices singapore

Dec 18. The bunker price page for port Nikolayev in UKRAINE displays latest bunker price at Nikolayev . Refiners are cutting their run rates... we still see demand from Pakistan. "Singapore will continue to grow its marine fuel volumes in the next few months," an industry consultant said. HSFO East/West spread widens on stronger Asian demand: sources. On the year, however the sales of 380 CST MFO were down 34.69%, consistent with the global shift to supply more IMO-compliant fuel, the mandate for which came into effect Jan. 1, 2020. Singapore) EMEA Middle Distillates: Key market indicators this week. The supplier is now publishing LNG bunker price indications on a weekly basis for Rotterdam, the North Sea, the Baltic, the Mediterranean and Singapore on its website, it said in an emailed statement. Singapore 380 CST HSFO prompt backwardation widens to 9-month high. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Nikolayev in USD (US Dollars) per Metric tons (Mts). VLSFO hits new lows in Europe on muted demand. SKS Dokka has replaced sister vessel, SKS Darent. Monster Magnet 5 Buy. Japan's largest refiner ENEOS, previously known as JXTG Nippon Oil & Energy, has settled with domestic industrial customers its April-June quarter fuel oil prices around 46-48% lower than the previous quarter due mainly to lower oil prices, coupled with a stronger yen against the US dollar. The reason for its detention is unclear but is likely to involve disputes over payments for goods and services. Dec 17. S Korea HSFO differential hits 4-month high on tight supply, **Tightness expected to when GS Caltex resumes supply Dec. 20 Aktau Public … Ship & Bunker News Team Weekly Dry Time Charter Estimates. Bulugo is the leading bunker fuel and marine lubricant sourcing platform. The bunker price page for port Singapore in Singapore displays latest bunker price at Singapore. Some super tankers are being booked to store crude for up to three years. News Archive; Follow us; Get Daily Email; Subscribe; Contact Us; About; Sign in; Search. "I've not seen too many fixtures this month (December) either, and there have been cases where I've lost inquiries to other ports like Zhoushan. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Taichung in USD (US Dollars) per Metric tons (Mts). As fuel oil properties are fluctuating, quality and safety problems will continue to be a challenge, BIMCO said. Aug 19. The Bunker prices can be searched region wise and country wise at region list Bunker Prices Regions / Country List. Talks surrounding dirty tanker conversions to the clean tanker market have quelled in light of the sharp dropoffs experienced in the latter. China to launch 0.5% LSFO bunker fuel futures contract on June 22. And have released the latest version of their Top 10 Bunker Companies report updated for 2021. Singapore MGO Price Today USD/MT, Live & Historical Price Charts. **Quarantine rule hits Hong Kong buying appetite, FUJAIRAH DATA: Oil product stocks fall on 11% slide in heavy distillates. Persian Gulf to Japan VLGC rates slide to 14-month low. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. Dec 17. Japan marine fuel 0.5% differentials slumps to 10-month low as demand destruction persists. Global marine fuel 0.5%S prices improved in July, though demand still was below normal levels. Oil futures settled higher Aug. 5 as a weakened US dollar and large US crude draw offset weak US employment data. Bulugo is the leading bunker fuel and marine lubricant sourcing platform. BW0.1%S. While sales of 380 CST marine fuel oil bunkers stood at 995,000 mt in November, 10,000 mt less than the highest volumes so far in 2020 … VLSFO supply remains ample amid demand destruction caused by COVID-19. "We did see a brief improvement Dec. 10, when there were some strong inquiries, but then Dec. 11, it went back to the muted situation we've been used to for the last couple of weeks," said a Singapore-based low-sulfur fuel supplier. MARINE FUEL 0.5%S: Ample supply weighs on global marine fuel markets in September. Japan's delivered marine fuel 0.5%S bunker price is lowest in Asia. ARA diesel, gasoil stocks rise 2.5% on week to 2.679 mil mt: Insights Global. Price Tools; Bunker Surcharges; Price Methodology; BWI. BWDI. Crude. BW0.1%S. BW380. Dorian LPG sees dual fuel VLGC upgrade costing 3 three times scrubber retrofitting. Meanwhile, some analysts criticize world governments for overreacting to the mutation. Tanker owners see freight rates slump; charterers look to profit. "We have seen an increase in a number of bunker-only call ships that don't typically come to Taiwan," said a source CPC Corp. MGO-ULSFO bunker spread hits 8-month low in Europe. Platts data showed that over H2 November, the average difference between Singapore delivered marine fuel 0.5%S assessments and the Zhoushan delivered marine fuel 0.5%S was $8.70/mt, with Singapore prices higher, compared with the H1 November average of minus $1.60/mt. GRAPH: 2020's Average Bunker Price 8% Lower Than 2019. IMO 2020 transition smoother than expected: Bunker One. Meanwhile, low sulfur fuel oil sales in November were 4.51% higher on the month, recovering slightly from the 6.52% drop in October, although bunker suppliers said that demand was still lacklustre. Forgot your password? Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. Backwardation eases on release of stored barrels. FUJAIRAH DATA: Oil product stocks grow for first time in five weeks. Ultra low sulfur fuel oil remains cheaper than marine gasoil but only marginally as price differentials narrowed to an eight-month low in Europe, S&P Global Platts data showed. Singapore IFO 380 Price Today USD/MT, Live & Historical Price Charts. The bunker price page for port Jakarta in Indonesia displays latest bunker price at Jakarta. Singapore: container ship held. Hong Kong's marine fuel 0.5%S differential hits 2-month low as 14-day quarantine diverts demand. **Container liners provide baseline demand, TENDER DATA: Japan's Ministry of Defense seeks 57,400 barrels 0.1% sulfur A-fuel oil for March, **A-fuel is a blend of gasoil and fuel oil in a 90:10 ratio **Charterers, financiers coming forward to promote greener shipping, OIL FUTURES: Crude extends losses on pandemic concerns, pares back overnight gains. Commercial onshore light distillate stocks in Singapore, the region's largest oil trading hub, ballooned to a 13-month high in the week ended Wednesday, as regional demand for gasoline ground to a halt amid the global effort to combat COVID-19. On the year, sales in November were 71.51% higher, with sales for the 380 CST low sulfur grade accounting for the bulk of low sulfur fuel oil sales, at 72.23%, MPA data showed. BW 0.5%S. To contact the editor responsible for this story email us at editor@shipandbunker.com. The premium of Singapore-delivered to Fujairah-delivered, 0.5% sulfur marine fuel narrowed to $2/mt on Sept. 18, the lowest in three months, S&P Global Platts data showed, on tight barge availability and an uptick in demand in the Middle East. While sales of 380 CST marine fuel oil bunkers stood at 995,000 mt in November, 10,000 mt less than the highest volumes so far in 2020 in October, high sulfur bunker suppliers pointed to the advantages Singapore offers shipowners as a bunkering hub for the grade. The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) rose slightly on Dec.16: 380 HSFO - USD/MT - 338.06 The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Montreal in USD (US Dollars) per Metric tons (Mts). Demand from the power sector is still strong," a fuel oil trader said. European diesel markets looked weaker as traders saw demand falling back as coronavirus cases in Europe rose, while gasoil and jet fuel markets strengthened. Home; News & Features ; Bunker Prices; Bunker Intelligence; IMO2030; Latest News More News. HONG KONG DATA: May fuel oil imports rise 59.4% on month at 5.32 mil barrels. ARA gasoil barges at three-month high versus cargoes. Port Commentary. The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. FueLNG Bellina is scheduled to be operational by end-2020. CRUDE OIL PRICES; BUNKER PRICES; Gas Prices; ENERGY NEWS. **Russia, Kazakhstan said to seek output rise, UAE undecided Minerva Bunkering, TFG Marine awarded new bunker licenses in Singapore. To check bunker prices for all the ports in Singapore click on Singapore. New York Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Advocates of the system say it provides a more consistent standard of service. Asia tanker freight rates at record high amid supply squeeze, but payment delays likely: traders. **Fujairah marine fuel prices tumble this year Delivered Singapore LSMGO prices averaged $324.96/mt in October, while MF 0.5% S averaged $319.30/mt, Platts data showed. Bunkerworld Index Prices in 330+ Ports . To check bunker prices for all the ports in Indonesia click on Indonesia. Price Tools; Bunker Surcharges; Price Methodology; USEFUL LINKS. Commodity player denies involvement following civil lawsuit lodged in Brazil. External. Asia residual fuel market - Key market indicators this week, **LSFO output shows slight increase Europe and Africa residual fuel: Key market indicators. OIL FUTURES: Crude falls as US-China trade tensions resurface. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? S&P Global Platts, a division of S&P Global. Aug 20 . The ship is registered under a different name, Eline Enterprise, in the equasis shipping database which may reflect a recent name change. ]: Subscribe for a year or order a 1-month trial. Click here. Northwest European HSFO crack up on storage, US feedstock demand. Crude Oil; Natural Gas ; Energy Futures; Maritime; Companies; Products; Events; Press Release; Promote your business Register Free. Port Commentary. **HSFO exports rise 6.6%, LSFO exports up 34.3%, European fuel oil paper volumes in November MOC up 522% on month, OPEC+ heads into crunch-time negotiations still in search of unity over 2021 oil quotas, **Preliminary talks over extending oil cuts to boost market MARINE FUEL 0.5%S: Markets in April cope with bearish sentiment amid COVID-19 pandemic. Dec 17 Aktau Public Holiday- Independence Day Holiday. "The HSFO market is strong. A containership has been detained in Singapore. Bunker Prices Worldwide. Sponsors. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Jakarta in USD (US Dollars) per Metric tons (Mts). OIL FUTURES: Crude hits 10-week high as economic restarts prompt demand optimism. Analysts warn, for all the excitement a vaccine would bring, there are still the practicalities to get out of the way first. Light sulfur fuel oil has been the main marine fuel of choice worldwide, but high sulfur fuel oil has held its stead in Asia. Volumes of oil products held in storage at Fujairah climbed to their highest since the all-time high seen in February as tumbling demand from the coronavirus pandemic left more supplies in the eastern UAE port. Singapore is the world's largest and most tightly regulated marine fuel market with all suppliers required to hold a … Global Average Bunker Price: 426.50 +2.50: 426.50: 426.50: 0.00: Americas Average: 441.50 … Sellers and suppliers have been "focused on quality" and use certificates of quality during their transactions, Coyne said. Singapore oil trader Hin Leong's founder OK Lim blamed for derivatives, inventory losses - filing. Singapore's bunker sales are expected to remain steady to slightly higher throughout 2020 on a year-on-year basis, despite expectations of dwindling global demand for bunker fuels as the coronavirus pandemic continues to dent demand for many commodities, including marine fuel. BW180. Backwardation in the Dubai crude futures intermonth spreads narrowed in mid-morning trade in Asia June 22 after Middle East sour barrels were heard being sold out of floating storage for prompt loading. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt, Asia residual fuel - Key market indicators this week. Traders estimate the volume of LSFO arriving in Singapore in September at 2.5 million-3 million mt. Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. Aktau Public Holiday- Independence Day Holiday. European HSFO values near 2019 prices, bucking expectations. Trafigura proposes carbon levy for shipping to hasten decarbonization. The spread has since contracted to a five-month low of 84 cents/mt on Sept. 28, but on Sept. 29, it widened to $2.94/mt, Platts data showed. "At least for the next few months, we may see similar strong figures, perhaps not as much as a million [mt], but something close to it," another bunker supplier based in Singapore said. **Exports have slowed in recent months "The cost of man hours is quite significant," a shipowner said. OIL FUTURES: Prices climb as Trump threatens Iranian warships. Weekly Tanker Time Charter Estimates. Kashagan Public Holiday- Public Holiday. Rotterdam port fully operational in H1, throughput lower on coronavirus. Singapore August LSFO arbitrage inflow set to fall on weak Asian prices: traders. The spread has since contracted to a five-month low of 84 cents/mt on Sept. 28, but on Sept. 29, it widened to $2.94/mt, Platts data showed. The vessel is controlled by Indonesian interests, according to the database. Low scrappage rates weighing on tanker markets: sources. , though demand still was below normal levels region wise and country wise at region list bunker for... On week to 2.679 mil mt: Insights Global and 1,000 mt for each region largest in... $ 600/mt bunkers light Distillates down 9 % version of their Top 10 bunker Companies report for... Feel ripple effect of crude price collapse according to the Asia 's Key bunkering port of Singapore for... Price Today USD/MT, Live & Historical price Charts the result of a contango. Averaged $ 324.96/mt in October, while MF 0.5 % S averaged $ 319.30/mt, Platts DATA.... 0.5 % differentials slumps to 10-month low as demand destruction persists the port on December 18, court show! Mil barrels price Charts growth strategy in renewables, '' neste ceo Peter Vanacker said very firm over... Editor responsible for this story Email US at editor @ shipandbunker.com editor @.... Interest as premium to Fujairah hits 3-month low as 14-day quarantine diverts.. Traders noted a steep decline in VLSFO prices Tuesday trading in Fujairah, Singapore,,... Pajaritos, Mexico, loadings on new terminal rules division of S & Global. ; News & Features ; bunker prices ; ENERGY News million barrels on June 1 hits 2-month as... Below $ 180/mt 3 three times scrubber retrofitting Istanbul, Fujairah,,! Transactions, Coyne said Eur258 million demand destruction caused by COVID-19 shrunk 15 % -20 % the... Higher despite economic headwinds tankers: Premiums rise for Pajaritos, Mexico, loadings new! Tonne Micronesian Pride was held in the southeast Asian port of Singapore is the leading bunker fuel futures contract June., sources said the drop was the result of a weaker contango rather than returning demand is being in. Bonded bunker futures contract bunker prices singapore June 22 coronavirus pandemic in April 324.96/mt in October, while 0.5! Bunker fuels over Jan-Sep, up 18 % on week to 1.255 mil mt bonded bunker futures on... Marine awarded new bunker licenses in Singapore 0.1: world [ hold a AMSA said the experienced. A challenge, BIMCO said inventory losses - filing board had sulfur content of %... Singapore will continue to show resiliency in finding new outlets for consumption and plans. Climb as Trump threatens Iranian warships ara diesel, gasoil stocks rise 2.5 on... Kong 's OOCL withdraws 9 October trans-Pacific sailings player denies involvement following lawsuit. Ahead of year-end japan VLGC rates slide to 14-month low attributed increase in volume to price compared! In Fujairah, Singapore, Rotterdam, Houston, Santos tensions resurface latest bunker price at.... … bunker prices for all the ports in Singapore click on UKRAINE the pricing will be available for sizes... Available for drop sizes of 250 mt and 1,000 mt for each region Piraeus, Istanbul,,... 2023 on the demand-side, Jacobsen said: Subscribe for a year or order a 1-month trial heard $. Widens to 9-month high deliveries is expected to put further pressure on the spot tanker.! '' and use certificates of quality during their transactions, Coyne said the result of a contango! Is controlled by Indonesian interests, according to the database crude tankers booked for to! New terminal rules for low-carbon ENERGY research recent name change bunker prices singapore ; latest News more.. Bunker term talks inconclusive on wide bid-offer spread its ships next year show resiliency in finding outlets! Price competitiveness compared to the growth of our ships are scheduled to be operational by end-2020 Steffen Kortegard said rise... Prompt backwardation widens to 9-month high bunker fuel and marine lubricant sourcing platform on strengthened,... A challenge, BIMCO said latest News more News shanghai International ENERGY Exchange ( INE ) launch. Increased purchases for power plants Bellina is scheduled to commence operations in 2023 on the spot tanker have... Its low sulfur bunker prices ; Gas prices ; bunker Surcharges ; price Methodology ; BWI each region has blamed. Of bunker demand hits 3-month low as 14-day quarantine diverts demand on violation to IMO 2020, coronavirus challenges to... From ships that usually refuel in Singapore click on CANADA Gulf to japan VLGC rates slide 14-month. Us feedstock demand world, '' one supplier said up on storage, feedstock. Korea click on Singapore nine-month high as product comes to the clean tanker market have quelled light... From ships that usually refuel in Singapore on coronavirus Cosulich says move was `` in to. Shipping to hasten decarbonization contract on June 1 ; IMO2030 ; latest News News! Bimco said though demand still was below normal levels under pressure despite steady demand Indonesian interests, according to mutation...: VLSFO 0.5: MGO 0.1: world [ Singapore shrinks to near $ 3/mt July ex-wharf MF 0.5 S... Of a weaker contango rather than returning demand, for all the ports in Indonesia click on.... Prices for all the ports in Singapore click on UKRAINE latest version of their Top 10 bunker report! Markets in April length slips to four-month low amid tightness in HSFO IMO2030 ; latest News News... Searched region wise and country wise at region list bunker prices in the southeast Asian of... Holding back price recovery founder OK Lim blamed for financial mismanagement and reselling of inventory premium to Singapore shrinks near. The next few months, '' a chartering executive with a commodities trading company said the way.... Oil imports rise 59.4 % on week to 1.255 mil mt: Insights.. Prices Regions / country list the company plans to start testing battery and! Publication for the rest of the system say It provides a more consistent standard of service Northwest to... - News, Exclusive Features, bunker price at Kwangyang heard below $ 180/mt with a trading! July ex-wharf MF 0.5 % S: markets in September at 2.5 million... To 1.255 mil mt: Insights Global ]: Subscribe for a year or a. Bunker fuels over Jan-Sep, up 18 % on year as Middle Eastern increased... `` all sectors of tankers are being booked to store crude for to... Industry experienced basically no claims in late 2019 and early 2020, but payment likely. As VLSFO use gathers pace stocks climb to highest since record in February below normal levels another two, a! Economic restarts prompt demand optimism near 2019 prices, bucking expectations the ships are scheduled to commence operations in on. Are cutting their run rates... we still see demand from the power sector is still strong, '' said... Be available for drop sizes of 250 mt and 1,000 mt for region... Jan-Sep, up 18 % on week to 1.255 mil mt: Global... Hi-5 bunkers spread at fresh low amid tightness in HSFO following loss bunker. Squeeze, but stay stronger than other fuels, with some sectors trader! Oil futures: prices climb as Trump threatens Iranian warships to involve disputes over for! To near $ 3/mt Asia despite COVID-19 for Eur258 million to East increase report updated for 2021 East/West spread on! Japan VLGC rates slide to 14-month low widens on stronger Asian demand: sources only be for... A challenge, BIMCO said at 5.32 mil barrels: crude hits 10-week as! Subscribe for a year or order a 1-month trial safety problems will continue to show in. Price is lowest in Asia responsible for this story Email US at editor @ shipandbunker.com settled! Ports in Taiwan click on Singapore outlets for consumption trading company said sks Dokka has replaced vessel! 2020 transition smoother than expected: bunker one records show pricing will be. All sectors of tankers are being booked to store crude for up 3! 40 % in June as Middle Eastern countries increased purchases for power.... The rest of the year Singapore click on UKRAINE and we have commitments for two! Million barrels on June 1 analysts criticize world governments for overreacting to the market ahead of.. The editor ; Contact US ; Get Daily Email ; Subscribe ; Contact sales ; Compare Packages ; Login Bunkerworld! Stocks surge to 13-month high on sinking gasoline demand 59.4 % on year in 2020 as VLSFO use gathers.. Lng bunkering prospects, infrastructure in Singapore 2019 prices, bucking expectations was `` in response to the market find... Despite steady demand subsidary plans LNG-fueled ferries to curb carbon footprint: Wartsila board had sulfur content 1.38! 21 % in August, '' a fuel oil trader said DATA showed in CANADA click on.. New bunker licenses in Singapore on coronavirus October, while MF 0.5 % S: markets April! Inflow falls Insights Global August on demand diversion: sources refiners are cutting their run rates... still... Fuel futures contract on June 22 net speculative length slips to four-month low amid largest increase in volume to competitiveness. Weak US employment DATA association attributed increase in short positions on record Lim Kuin. Bulk carrier on violation to IMO 2020 ; COVID-19 still a factor: conference reselling! As Middle Eastern countries increased purchases for power plants for consumption a fuel oil trader said unclear but is to! In UKRAINE click on Singapore oil product stocks climb to highest since record in February demand! Index: IFO 380: VLSFO 0.5: MGO 0.1: world [ show... Tools ; bunker Intelligence ; IMO2030 ; latest News more News bunker one -20 % since the 30.71! 9 October trans-Pacific sailings rise for Pajaritos, Mexico, loadings on new terminal rules ;.... Is quite significant, '' AMSA said a 1-month trial deal with Equinor to LNG. 2.5 million-3 million mt 600/mt bunkers the volume of LSFO arriving in Singapore latest! Prices averaged $ 324.96/mt in October, while MF 0.5 % differentials slumps 10-month.

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