China's bonded bunker fuel sales increased in August with about 1.77 million mt of bonded bunker fuel sold, driven up by more active exports and improved...
Congestion reported in Gibraltar; VLSFO demand down, LSMGO up in East Med ports; rough weather forecast in Las Palmas.
Bunker demand good in Singapore; VLSFO and LSMGO availability good in Port Klang; VLSFO and LSMGO availability good in Oceanic ports.
Dutch HBE rebate for B100 gains $30/mtl; Rotterdam’s B100 $330/mt cheaper than LSMGO; LNG gains on higher bunker premiums.
New York demand strengthens; HSFO remains tight in Balboa; VLSFO supply robust in Zona Comun.
LSMGO supply stabilises off Malta and in Istanbul; ARA LSMGO lead times down to 3-4 days; Las Palmas lead times reduced to 5-7 days.
Availability tightens in Zhoushan; prompt VLSFO supply tight across several Japanese ports; availability good in Sri Lankan ports.
Rotterdam’s B100 nears $300/mt discount to LSMGO; LNG’s premium over B100 shrinks in Rotterdam; LNG oversupply pressures bunker prices in key ports.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect, NSI Marine and Transparensea Fuels.
HSFO supply improves in New York; West Coast demand remains weak; HSFO tight in Balboa.