Bunker demand improves in Singapore; VLSFO and LSMGO supply good across several Chinese and Australian ports; tight VLSFO and LSMGO supply across several Indian ports.
4.24 million mt of various marine fuel grades were delivered at the world’s largest bunkering port in April, down from 4.26 million mt recorded during April...
China saw a drop in its bonded bunker fuel sales in April as it sold about 1.63 million mt of bonded bunker fuel due lower production...
“JC Trader”, a 2010 bunker tanker, will double the current service capacity to help increase World Fuel's presence in the area and better meet customer demands...
Physical bunker prices rallied by $10pmt in the USGC (VLSFO 0.5%), which saw a large jump in price differentials among suppliers.
Bunkering delayed in Houston; prompt availability is tight in Los Angeles; rough weather disrupts Zona Comun bunkering.
HSFO tightness has eased in the ARA; rough weather may impact bunkering in Gibraltar; VLSFO supply has tightened in Nacala.
Crude prices have inched higher over the last few days; however rise in prices have not translated to physical bunker market as holidays muted trading activity...
Bunker demand remains average in Singapore; prompt supply tight in Zhoushan; steady VLSFO and LSMGO supply in Saudi Arabia’s Jeddah.
Demand rises in Houston; tight availability in West Coast ports; very prompt availability is tight in New York.