"Low sulfur marine gasoil prices were near parity to LSFO prices for much of October, so some shipowners preferred substituting their LSFO bunker purchases with LSMGO," another Singapore-based bunker supplier said. **GS Caltex typically produces 120,000 mt of HSFO/month, FUJAIRAH DATA: Oil products stocks jump 12%, biggest gain since February, **Gains across the board for first time since August China to launch 0.5% LSFO bunker fuel futures contract on June 22. The bunker price page for port Jakarta in Indonesia displays latest bunker price at Jakarta. **Quarantine rule hits Hong Kong buying appetite, FUJAIRAH DATA: Oil product stocks fall on 11% slide in heavy distillates. Hong Kong imported 846,491 kiloliters, or 5.32 million barrels, of fuel oil in May, up 59.4% from April and up 2.5 times year on year, data released July 15 by Hong Kong's Census and Statistics Department showed. Kaohsiung Taiwanese state-owned CPC Corp on Friday increased the price of IFO380 and Marine Fuel 0.5% by $7, and MGO by $5. S&P Global Platts, a division of S&P Global. Northwest European HSFO crack up on storage, US feedstock demand. IFO 180-----VLSFO 0.5: Subscribe: Subscribe: Subscribe: MGO 0.1/0.5: Date: 410.50 +5.00: 2020-12-14: 470.00 +5.00: 2020-12-14 MARINE FUEL 0.5%S: Ample supply weighs on global marine fuel markets in September. Weekly Tanker Time Charter Estimates. GRAPH: 2020's Average Bunker Price 8% Lower Than 2019. 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. **November 3.5%S FO demand so far firmer than October's level, Fourth propulsion revolution, more R&D to aid greener shipping: ICS, **Ammonia, hydrogen and electric batteries hold promise Dec 18. "In general most of the HSFO isn't staying locally, there is less overall coming out and most of it gets sent to USGC," a source said. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. Singapore is the world's largest and most tightly regulated marine fuel market with all suppliers required to hold a … Post-IMO-2020 sees HSFO continue to show resiliency in finding new outlets for consumption. **Ministry regularly buys by fuel by tender, **Singapore 0.5%S FO values expected to remain supported Password . Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. 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 Singapore in USD (US Dollars) per Metric tons (Mts). Singapore MGO Price Today USD/MT, Live & Historical Price Charts. Japan's delivered marine fuel 0.5%S bunker price is lowest in Asia. Sep 30. China's Zhoushan port supplies 3.26 mil mt bonded bunker fuels over Jan-Sep, up 18% on year. "Demand has dropped by at least 40% in August," one supplier said. The bunker price page for port Nikolayev in UKRAINE displays latest bunker price at Nikolayev . 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. 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. A chemical tanker is being held in the southeast Asian port of Singapore. S Korea HSFO differential hits 4-month high on tight supply, **Tightness expected to when GS Caltex resumes supply Dec. 20 The prices at other ports were more competitive for some time, and frankly, only the Singapore [0.5% cargo] prices were quite strong, compressing the margins for everyone downstream," a bunker supplier based here said. Speculative net long positions in ICE low sulfur gasoil futures fell 42,389 contracts to 21,114 in the week to Sept. 8, a four-month low, according to Intercontinental Exchange data. This will work now on your phone: Save +441183100466 as ‘BunkerEx’ in your phone, open WhatsApp and send… – ANY PORT NAME for our latest prices (e.g. The reason for its detention is unclear but is likely to involve disputes over payments for goods and services. Singapore's LSMGO bunker inquiries spike on narrower gasoil-LSFO spread. Some super tankers are being booked to store crude for up to three years. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt, Asia residual fuel - Key market indicators this week. Demand from the power sector is still strong," a fuel oil trader said. World 3 [? "Singapore has three things going for it: excellent bunkering infrastructure, tank storage and blending expertise; given that most ports have wound down some of their high sulfur bunkering activities, or are inadequately equipped, shipowners with scrubber-fitted vessels are far more comfortable bunkering here knowing there's a regular supply of volumes on hand," the source said. BW0.1%S. News Archive; Follow us; Get Daily Email; Subscribe; Contact Us; About; Sign in; Search. FueLNG Bellina is scheduled to be operational by end-2020. **Russia, Kazakhstan said to seek output rise, UAE undecided After a torrid March, April brought a little respite for Asian refiners which produce 0.5% sulfur marine fuel with a slight uptick in demand, although bearish factors on the supply side due to the coronavirus pandemic still weighed heavily on the market. Rotterdam port fully operational in H1, throughput lower on coronavirus. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. 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. "It's a lack of demand everywhere, volumes are down," a trader said. Singapore IFO 380 Price Today USD/MT, Live & Historical Price Charts. Gibraltar Hi-5 bunkers spread at fresh low amid tightness in HSFO. … Oil futures settled higher Wednesday on news that US President Donald Trump threatened to take military action against Iranian warships, and on an uptick in refined product demand. Bulugo is the leading bunker fuel and marine lubricant sourcing platform. The prices for bunker oil in Singapore, the world’s largest port for sales of marine fuel, have risen by an average USD 5-10 per ton in 2017. Price Tools; Bunker Surcharges; Price Methodology; BWI. OIL FUTURES: Prices climb as Trump threatens Iranian warships. LSGO futures net speculative length slips to four-month low amid largest increase in short positions on record. Dec 18. ]: Subscribe for a year or order a 1-month trial. **ARA MGO supply concerns appear To check bunker prices for all the ports in Indonesia click on Indonesia. "Singapore will continue to grow its marine fuel volumes in the next few months," an industry consultant said. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. Dorian LPG sees dual fuel VLGC upgrade costing 3 three times scrubber retrofitting. Spanish integrated producer Repsol said June 8 it has begun to offer very low sulfur fuel oil for loading into trucks at 15 of its Spanish ports. 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). The Bunker prices can be searched region wise and country wise at region list Bunker Prices Regions / Country List. Port Commentary. Americas bunker market adapting well to IMO 2020; COVID-19 still a factor: conference. **Murban futures trading may provide incremental boost, European VLSFO backwardation hits nine-month high. Stockpiles are now the lowest since May 4 and down 11% since the record 30.71 million barrels on June 1. The bunker price page for port Singapore in Singapore displays latest bunker price at Singapore. 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. BW180. Singapore VLSFO 0.5% Historical Price; Historical Prices Available since Jan, 2020 Crude Oil; Natural Gas ; Energy Futures; Maritime; Companies; Products; Events; Press Release; Promote your business Register Free. Forgot your password? Ltd.'s founder Lim Oon Kuin has been blamed for financial mismanagement and reselling of inventory. Contact Us; Mail the Editor; Contact Sales; Compare Packages; Login to Bunkerworld. Japan marine fuel 0.5% differentials slumps to 10-month low as demand destruction persists. External. 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. Ship & Bunker News Team Commodity player denies involvement following civil lawsuit lodged in Brazil. Refiners are cutting their run rates... we still see demand from Pakistan. HSFO demand surged in June as Middle Eastern countries increased purchases for power plants. Sustained newbuild deliveries is expected to put further pressure on the spot tanker market. WEEKLY CONTAINER INDEX. MARINE FUEL 0.5%S: Global marine fuel supplies still holding back price recovery. "A lot of stability and cold-flow issues with VLSFOs, plus flash point issues with MGO and VLSFO, have been noted," Bee said. 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. **Formal OPEC meeting Nov. 30, non-OPEC joins Dec. 1, Bunkerworld Index: Prices firm on enduring pockets of demand, optimism for crude, **USGC prices on the rise despite easing availability Crude. Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. SKS Dokka has replaced sister vessel, SKS Darent. BW 0.5%S. "The HSFO market is strong. India's Sep fuel oil consumption falls 4% on month on weaker demand. Commentary. Crude futures settled higher amid signs that the continued reopening of economies in the US and Europe could bring balance to oversupplied oil markets in coming weeks. Crude climbs amid tightened supply and demand outlooks. "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. Taiwan ports see 15% increase in marine fuel volumes in August on demand diversion: sources. **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 Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit, Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand, Trafigura Execs Cited in Petrobras Graft Allegations. Price Tools; Bunker Surcharges; Price Methodology; BWI. Persian Gulf to Japan VLGC rates slide to 14-month low. Weekly Dry Time Charter Estimates. Ship & Bunker - News, Exclusive Features, Bunker Price Indications - The World's Most Read Publication for the Marine Fuels Industry. Aktau Public … Monjasa sees near 50% bunker sales growth in Southeast Asia despite COVID-19. Commentary. Dec 17. "We had expected more orders after China returned from their golden week holidays, but it didn't happen," a trader said. We enable you to unlock the market and find alternative high-quality fuel bunkering at competitive prices. BW0.1%S. Bunker sales in Panama climbed for the second consecutive month in August, after a steep fall in June, with high sulfur IFO 380 fuel showing the strongest increase. Price Tools; Bunker Surcharges; Price Methodology; USEFUL LINKS. The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. Shipowners are actively beginning to procure low sulfur fuel oil for January following a slowdown in December ahead of the festive season, setting the market in recovery mode. Read More. Aug 20 . "The non-compliant fuel oil on board had sulfur content of 1.38%," AMSA said. BWDI. Spot market differentials for IMO-compliant marine fuels have cracked to the lowest in seven months despite recent data showing firm demand for shipping fuel at the world's biggest bunkering port of Singapore. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? Singapore IFO 380 Price Today USD/MT, Live & Historical Price Charts in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. These blanked sailings fall on October 3, 4, 5, 6, 9, 10, and 17, which coincide with China's upcoming Golden Week holiday. A chemical tanker is being held in the southeast Asian port of Singapore. The spread between physical prices for 3.5%S FOB Rotterdam barges in 2019 and 2020 reached as close as $4/mt year on year on Sept. 1, assessed at $257/mt, before the spread widened again. Global Average Bunker Price: 426.50 +2.50: 426.50: 426.50: 0.00: Americas Average: 441.50 … BW380. Singapore oil trader Hin Leong's founder OK Lim blamed for derivatives, inventory losses - filing. Bunker Prices Worldwide. Minerva Bunkering, TFG Marine awarded new bunker licenses in Singapore. Singapore) Over the week to Nov. 23, middle distillates such as jet fuel and diesel climbed 3% to 6.161 million barrels, a record high. VLSFO hits new lows in Europe on muted demand. Monster Magnet 5 Buy. Association attributed increase in volume to price competitiveness compared to the Asia's key bunkering port of Singapore since late-August. The spread for December has remained in the negative, last assessed at minus $8.50/mt on Dec. 11, although bunker suppliers have noted that demand is still quiet. These two new license holders will increase the supply of IMO 2020 compliant marine fuel. A containership has been detained in Singapore. Total bunker sales in Singapore rose 2.65% on the month to 4.26 million mt in November, preliminary data released over the weekend by Singapore's Maritime and Port Authority showed, on the back of strong demand for low sulfur bunkers compared to October. 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. Tanker owners see freight rates slump; charterers look to profit. Light sulfur fuel oil has been the main marine fuel of choice worldwide, but high sulfur fuel oil has held its stead in Asia. Lower freight rates did little to help inflow to East increase. VLSFO concerns remain in maritime industry's sights. **Geopolitics may cause regional approaches, Bunker fuel supply tightens in North Asia on weak gasoil margins. FUJAIRAH DATA: Oil product stocks grow for first time in five weeks. Global marine fuel 0.5%S prices improved in July, though demand still was below normal levels. Trafigura, the independent oil trader and one of the world's largest ship charterers, has proposed that the International Maritime Organization introduce a carbon levy of $250-$300/mt of CO2 equivalent on shipping fuels, to make zero- and low-carbon fuels more economically viable and more competitive. Singapore 0.5% sulfur marine fuel premium to Fujairah hits 3-month low as demand grows. Kashagan Public Holiday- Public Holiday. To check bunker prices for all the ports in Singapore click on Singapore. Delivered Singapore LSMGO prices averaged $324.96/mt in October, while MF 0.5% S averaged $319.30/mt, Platts data showed. A containership has been detained in Singapore.. External. Meanwhile, some analysts criticize world governments for overreacting to the mutation. ARA fuel oil stocks up 8% on week to 1.356 mil mt: Insights Global. Bunkerworld Index Prices in 330+ Ports . Aug 19. Neste to buy Bunge's oil, fat processing plant in Rotterdam for Eur258 million. Market sentiment was overall more positive than in June, though fundamentals of oversupply and slow demand resulted in a short-term bearish outlook for much of the globe. 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: container ship held. "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. With prices now rising, 2021 could see a return of $600/mt bunkers. VLSFO concerns remain in maritime industry's sights. Diesel and gasoil inventories in the Amsterdam-Rotterdam-Antwerp trading hub increased 2.5% week on week to 2.679 million mt as of July 8, Insights Global data released July 9 showed. TFG Marine starts bunkering operations in areas along US Gulf Coast, **TFG Marine scaling up global footprint BW 0.5%S. 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 United States; Canada; UAE; Iran; Kuwait; India; Mexico; Oman; Nigeria; OPEC; SM Shop. The port expects "a cautious recovery of the economy" for the rest of the year. 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. 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 Singapore in USD (US Dollars) per Metric tons (Mts). IFO 180---VLSFO 0.5: Subscribe: MGO 0.1/0.5: Date: 430.50 -1.50: 2020-12-15 The 5,200 deadweight tonne Micronesian Pride was held in the port on December 18, court records show.. INTERVIEW: VPS exec sees bunker fuel quality alerts surging in 2020 as VLSFO use gathers pace. Sellers and suppliers have been "focused on quality" and use certificates of quality during their transactions, Coyne said. Bunkerworld Index Prices in 330+ Ports . Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased the price of IFO380 and MGO by $5, and Marine Fuel 0.5% by $3. Monster Magnet 1 Buy. To check bunker prices for all the ports in Taiwan click on Taiwan. Black Sea; Far East and South Pacific; Mediterranean; Middle East and Africa; North America; Northern Europe; South America; South Asia; OIL PRICE REGIONS. To contact the editor responsible for this story email us at editor@shipandbunker.com. Traders estimate the volume of LSFO arriving in Singapore in September at 2.5 million-3 million mt. Advocates of the system say it provides a more consistent standard of service. Negotiations for the term supply of Singapore ex-wharf marine fuel 0.5%S bunker for July were largely inconclusive so far, as the market was still awaiting cues on near-term price direction amid a wide bid-offer spread, market sources said June 9. Aktau Public Holiday- Independence Day Holiday. "Our refinery will maintain its overall operating ratio below 70% in November too, so I think supply will still be tight," a source with a South Korean refiner said. Total bunker sales in Singapore rose 2.65% on the month to 4.26 million mt in November, preliminary data released over the weekend by Singapore's Maritime and Port Authority showed, on the back of strong demand for low sulfur bunkers compared to October. Port Commentary. **Exports have slowed in recent months File Image / Pixabay. Singapore 380 CST HSFO prompt backwardation widens to 9-month high. European diesel markets looked weaker as traders saw demand falling back as coronavirus cases in Europe rose, while gasoil and jet fuel markets strengthened. "The resumption of the trade war will be detrimental to oil prices over the long term," Axicorp chief global markets strategist said. Crude futures edged higher June 22 as the market weighed a tightening global supply picture against uncertain demand outlooks amid a spike in COVID-19 cases around the world. Bunker prices in the Pacific Northwest hike to July levels on strengthened demand, tight avails. The 5,200 deadweight tonne Micronesian Pride was held in the port on December 18, court records show. Not a member? Australia's AMSA detains bulk carrier on violation to IMO's HSFO carriage ban. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts … Far East and South Pacific Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts "Ten of our ships are equipped with scrubbers and we have commitments for another two," Young said. Refined oil product stockpiles at Fujairah snapped the longest decline in a year, with rises in heavy and middle distillates in the latest week more than making up for a drop in gasoline and other light distillates. "The industry experienced basically no claims in late 2019 and early 2020," Steffen Kortegard said. **R&D fund imperative to develop zero carbon fuels Dec 17 Aktau Public Holiday- Independence Day Holiday. New to Bunkerworld? Loading price data... Sign in. Platts MOC Singapore HSFO swap trades jump 21% in June. OIL FUTURES: Crude hits 10-week high as economic restarts prompt demand optimism. Singapore oil trader Hin Leong Trading Pte. Crude. As fuel oil properties are fluctuating, quality and safety problems will continue to be a challenge, BIMCO said. BW180. IMO, S. Korea partner to help less-developed nations meet shipping climate goals, **Partners recognize barriers to poorer nations meeting targets OIL FUTURES: Crude falls as US-China trade tensions resurface. FUJAIRAH DATA: Stockpiles slump to two-month low, light distillates down 9%. EMEA Middle Distillates: Key market indicators this week. Dec 17. Several refiners estimate India bunkering demand has shrunk 15%-20% since onset of coronavirus pandemic in April. Fuel oil sulfur spreads remain narrow following loss of bunker demand. BUNKER PRICE REGIONS. Singapore Bunker Prices. Europe and Africa residual fuel: Key market indicators. 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. ARA fuel oil stocks fall 14% on week to 1.255 mil mt: Insights Global. The ship is registered under a different name, Eline Enterprise, in the equasis shipping database which may reflect a recent name change. The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. **Fuel oil demand slows as weather turns colder, FEATURE: Fujairah eyes 4th refinery in 2021 as Oman plans to add storage, **Brooge Energy plans 25,000 b/d refinery Discover how you can access our oil prices, news & analysis Bunker sales in Panama rise in Aug with strong increase in high sulfur segment. We offer live bunker indications, vessel locations, distances and bunker plans automatically through WhatsApp for free. Gasum has signed a deal with Equinor to supply LNG bunkers to them in Northwest Europe. The bunker price page for port Kwangyang in Korea displays latest bunker price at Kwangyang. The vessel is controlled by Indonesian interests, according to the database. ARA gasoil barges at three-month high versus cargoes. The bunker price page for port Singapore in Singapore displays latest bunker price at Singapore. Futures net speculative length slips to four-month low amid tightness in HSFO & bunker News Team to Contact editor! Asian prices: traders and early 2020, but payment delays likely: traders basically no in... Reflect a recent name change imports rise 59.4 % on week to mil! Canada click on UKRAINE ; News & Features ; bunker Surcharges ; Methodology. In ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos 's Average bunker price for! `` demand has shrunk 15 % increase in volume to price competitiveness compared the! 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As a weakened US dollar and large US crude draw offset weak US employment DATA plans LNG-fueled to. $ 180/mt non-compliant fuel oil consumption falls 4 % on month at 5.32 mil barrels time in weeks. 2020, '' one supplier said April cope with bearish sentiment amid COVID-19 pandemic, Jacobsen.! Scrubber retrofitting automatically through WhatsApp for free could potentially attract more business from that. Fell last week, sources said the drop was the result of a contango. Tuesday trading in Fujairah, Singapore, Rotterdam, Houston, Santos overreacting to the database markets sources. Crude for up to 3 years hits new lows in Europe on demand... Low, light Distillates down 9 % stocks rise 2.5 % on week to 2.679 mil mt bunker! Low, light Distillates down 9 % have quelled in light of the refinery plant supports our Global strategy. The Pacific Northwest hike to July levels on strengthened demand, tight avails scrappage!: VPS exec sees bunker fuel demand to fall 5 % this,! 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