Conventional fuel prices rise with Brent; bio blends cost over $200/mt more than LNG; bio demand sluggish in Singapore and Rotterdam.
Red Sea crisis that developed in Q4 of 2023 has caused some significant and continuing shifts in both global demand patterns and pricing, says Tahra Sergeant...
Hurricane Beryl disrupts bunkering in the Caribbean and Kingston; high demand in Houston ahead of Independence Day Holiday; tight availability in Zona Comun.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect.
Muted LSMGO demand in the ARA; prompt supply is normal in Las Palmas; LSMGO supply limited in Durban.
VLSFO and HSFO availability tight in Singapore; VLSFO and LSMGO supply good in several Chinese ports; Low bunker demand in Fujairah.
Higher Brent drives VLSFO prices higher; Rotterdam's LNG back at a discount to VLSFO; bio-blends now much costlier than LNG.
Bunker report panellists include Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S and KPI OceanConnect.
Surplus VLSFO with Argentinian refineries; bunker demand is low in Houston; strong demand in NOLA.
Bunker supply is normal in the ARA hub; high bunker demand in Ceuta; LSMGO is tight in Durban.