Bunker prices open relatively unchanged on 14 May, mirroring crude and product prices, ahead of key data releases.
After numerous fuel testing on the LSMGO bunker fuel “Dali” was using, NTSB preliminary report highlighted that ‘the test results did not identify any concerns related...
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...
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.
SER recorded net profit of MYR 7.1 million (USD 1.38 million) in FY 2023 compared to MYR 6.2 million in FY 2022, the company stated in...
