Fujairah Fuel Oil Stocks Drop to 21-Month Low, Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit, Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand, Trafigura Execs Cited in Petrobras Graft Allegations. The majority of Fujairah suppliers abandoned the grade last year, ahead of International Maritime Organisation (IMO) sulphur restrictions that came into effect in January. Commodity player denies involvement following civil lawsuit lodged in Brazil. Oil stocks including those of bunker fuel at the Middle Eastern bunkering and shipping hub of Fujairah have risen to their highest level since late August, S&P Global Platts reports citing Fujairah Oil Industry Zone data. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt Platts Bunkerworld . Middle distillate stock in Fujairah including jet fuel and diesel were stable at 6 million barrels, the report said. Fujairah MGO Price Today USD/MT, Live & Historical Price Charts The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Dubai in USD (US Dollars) per Metric tons (Mts). To check bunker prices for all the ports in China click on China . Iranian fuel oil expected to recapture share of Fujairah bunker market Iran may want to sell directly to owners but will likely export cargoes to Fujairah as well, says director of bunkers at Cepsa. That reflected a $3/mt discount to Singapore delivered marine fuel 0.5% bunker prices. In favour of a move into renewables market. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Chennai in USD (US Dollars) per Metric tons (Mts). To check bunker prices for all the ports in India click on India . VLSFO prices at Fujairah jumped by $20/mt to $367/mt in the week to Monday, according to Ship & Bunker pricing. Fujairah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Subscribe to OM mailing list and get updates to your inbox Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit, Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand, Trafigura Execs Cited in Petrobras Graft Allegations. To check bunker prices for all the ports in UAE click on UAE . Evergreen Receives Fifth … In favour of a move into renewables market. Fujairah-delivered marine fuel 0.5% bunker fuel was assessed at $390/mt on Dec. 15, reflecting a rise of $9/mt week on week. About 13% of the quantity delivered was biomethane. Marine Fuel 0.5% bunker Ex-Wharf Singapore MFSPE00 MFSPE03 Ex-Wharf Singapore 3-15 days 1,000 6,000 US$ Metric Tons 6.35 Marine Fuel 0.5% bunker Ex-Wharf Fujairah MFFJE00 MFFJE03 Ex-Wharf UAE 5-15 days 2,000 7,000 US$ Metric Tons 6.35 The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Fujairah in USD (US Dollars) per Metric tons (Mts). And have released the latest version of their Top 10 Bunker Companies report updated for 2021. Oil price reporting agency Argus Argus has launched low-sulphur fuel oil (LSFO) price assessments for the ex-wharf and delivered bunker markets in Fujairah. Learn more – How Shipowners are losing money by choosing the wrong bunker port Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. Fujairah-delivered marine fuel with maximum 0.5% sulfur bunkers dropped almost 50% this year, while 0.5% Fujairah FOB for cargoes is down about 44% after climbing 87% last year. The level is 52% down from the record 17.168 million barrels set in June, Platts said. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Subscribe to OM mailing list and get updates to your inbox Ships will also be able to use conventional bunker fuel. The level is 52% down from the record 17.168 million barrels set in June, Platts said. Oil product stockpiles at Fujairah port on the UAE’s east coast, outside the Strait of Hormuz, fell to a two-week low as fuel oil for marine bunkers and … Fujairah IFO 380 Price Today USD/MT, Live & Historical Price Charts "A detailing of bunker sales volumes broken down by fuel type every month a la Singapore would help us all plan our inventories better, and manage our cargo exports in case of trading companies and refiners," a supplier based in Fujairah said. The bunker price page for port Dubai in UAE displays latest bunker price at Dubai. Power for the vessels will come from wind turbines at the quay of the Calandkanaal at the Dutch port. Fujairah fuel oil prices won't be under pressure from the additional supplies, the source said, noting that the market recently has been reacting to crude oil prices. SKS Dokka has replaced sister vessel, SKS Darent. To check bunker prices for all the ports in UAE click on UAE . Japan's ENEOS settles Apr-Jun fuel oil prices 46-48% lower on oil price drop Jun 26 Japan's largest refiner ENEOS, previously known as JXTG Nippon Oil & Energy, has settled with domestic industrial customers its April-June quarter fuel oil prices around 46-48% lower than the previous quarter due mainly to lower oil prices, coupled with a stronger yen against the US dollar. To contact the editor responsible for this story email us at editor@shipandbunker.com. Fujairah is a major bunker … The storage category includes both high- and low-sulfur bunker fuels, as well as fuel oil used in industry and for power generation. Heavy distillate and residue stocks sank by 8.7% to 8.166 million barrels in the week to Monday, Platts reported Wednesday, the lowest since February 2019. The data is now freely available to access CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. in mid-December. Fuel oil stocks at the Middle Eastern hub of Fujairah have dropped to the lowest level in almost two years, according to data from the Fujairah Oil Industry Zone and price reporting agency S&P Global Platts. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Mombasa in USD (US Dollars) per Metric tons (Mts). Commodity player denies involvement following civil lawsuit lodged in Brazil. Heavy distillates including fuel for power generation and bunkers were up 11% to 11.3 million barrels in the previous week (to December 14). Middle distillate stocks in Fujairah, including jet fuel and diesel, fell just 0.1% on the week to 6.054 million barrels. File Image / Pixabay. Fuel oil stocks at the Middle Eastern hub of Fujairah have dropped to the lowest level in almost two years, according to data from the Fujairah Oil Industry Zone and price reporting agency S&P Global Platts. VLSFO prices at Fujairah jumped by $20/mt to $367/mt in the week to Monday, according to Ship & Bunker pricing. Total barrels stood at 24.6 million in mid-December.  There were last higher on August 31 at 25.1 million barrels, according to the report. It noted Pakistan State Oil (PSO) cancelling its fuel oil import tenders for February, and not issuing further tenders until June at the earliest due to a reliance on the domestic fuel oil supply. When asked about the areas where Fujairah could develop, traders and bunker suppliers were both unanimous on the need for bunker sales figures. Latest World bunker prices, analysis, trends, and history. Fuel oil stocks (heavy distillates and residues) in Fujairah were 8.94 million barrels at end of last week down from the previous week and at their lowest level for over a year. FUJAIRAH, 1st April, 2020 (WAM/S&P Platts) — Oil product stockpiles in the Middle Eastern hub of Fujairah climbed 8.1 percent over the week of 23rd to 30th March, with bunker fuel inventories jumping to a five-week high, according to data released Wednesday Analysis of the performance of a new supplier and an established player this year shows the difficulties involved for both. The bunker price page for port Shanghai in China displays latest bunker price at Shanghai. Ship & Bunker News Team Bunker prices at Fujairah climbed over the week. The design envisages that the hydrogen will be generated onboard using a power generation turbine ultimately driven by wind power. The Singapore delivered marine fuel 0.5% bunker price widened to a record premium of $35/mt to the same grade in Fujairah Friday as supply cancellations by embattled oil trader Hin Leong s bunker arm Ocean Bunkering Services spurred a mild uptick in demand The Fujairah/Singapore delivered 380 CST bunker fuel price spread averaged $3.33/mt over the first half of 2018, and averaged $1.59/mt over H2 2018, S&P Global Platts data showed. Fujairah VLSFO 0.5% Price Today USD/MT, Live & Historical Price Charts Some marine fuel suppliers in the Middle East’s major bunkering and storage centre of Fujairah, the UAE, are considering a return to selling high-sulphur fuel oil (HSFO) as bunker fuel. **MFO 380 CST sales maintain momentum to hit 995,000 mt **Nov LSFO sales rise 4.5% from Oct S&P Global Platts is exclusively publishing weekly oil inventory data for the Fujairah Oil Industry Zone, including an aggregate breakdown of heavy distillates and residues, middle distillates, and light distillates. The bunker price page for port Mombasa in KENYA displays latest bunker price at Mombasa. Fuel oil exports to Asian destinations last week were over 1.5 million barrels, the biggest shipment in a while, according to price reporting agency SP Global Platts. Oil product stockpiles at the port of Fujairah rebounded 2.3% in the past week, as a significant build in heavy distillates from a near two-year low more than offset a draw in middle distillate stocks. The anchor event held during the “Fujairah Bunkering Week,” FUJCON has grown to enjoy international recognition and attendance from over 50 countries covering the full supply chain of the bunkering industry. The Fujairah Bunkering & Fuel Oil Forum (FUJCON) is the pre-eminent & most prestigious bunker forum for the Middle East bunker markets. And have released the latest version of their Top 10 Bunker Companies report updated for 2021. The storage category includes both high- and low-sulfur bunker fuels, as well as fuel oil used in industry and for power generation. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Shanghai in USD (US Dollars) per Metric tons (Mts). To check bunker prices for all the ports in KENYA click on KENYA . Delivered bunker fuel for marine fuel maximum 0.5% sulfur in Fujairah was assessed by Platts at $325/mt on July 8, up from $322/mt a week earlier. Total barrels stood at 24.6 million in mid-December. SKS Dokka has replaced sister vessel, SKS Darent. Demand for marine fuel at Fujairah was reported to be “lacklustre” in the week to 8 January due to rising crude prices, according to MENAFN – Emirates News Agency. OPEC is also expected to contribute to the demand resurgence, say analysts. 15 Feb 2016 Ship & Bunker News Team Oil stocks including those of bunker fuel at the Middle Eastern bunkering and shipping hub of Fujairah have risen to their highest level since late August, S&P Global Platts reports citing Fujairah Oil Industry Zone data. In Houston, the largest bunkering hub in the Americas, the $100 mark has already been broken with Fujairah, the Middle East’s top spot for marine fuel, not far behind. 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