The following bunker report has been provided by freight market information provider Baltic Exchange for post on Singapore bunkering publication Manifold Times:
Commentary:
Very little volatility in prices this week, despite some hiccups in crude supply and of course the prolonged refinery strike in NW Europe. The standout this week is the high/low sulphur spread for bunkering in Houston, where the compliance fuel is over a $400 per ton premium to the scrubber-suitable grade. That retrofitting bet (and newbuilding decision) is paying off well for ship operators looking to prolong their usage of HSFO. Availabilities in the key ports are also consistent with last week.
Note:
All values are in US$/metric ton, all-in (invoice price), delivered on board
Delivery in 7-10 days
ISO 8217:2010
IFO 380 3.5% Sulphur
IFO 380 0.5% Sulphur
DMA 0.1% Sulphur
Rotterdam – Waalhaven – Maasvlakte range
Houston – Houston Harbor
Singapore – Anchorage, under SBA Scheme
Fujairah – Offshore Anchorage Area
Submitted weekly at Close of Business on Thursdays
Panellists:
Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect, Transparensea Fuels
Photo credit and source: Baltic Exchange
Published: 31 March, 2023
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