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Canal to Bypass Straits of Malacca and Singapore "Hard to Justify"

Canal to Bypass Straits of Malacca and Singapore "Hard to Justify"

Seatrade Global editor Marcus Hand argues that development of the Kra Canal faces economic, political, and geographic difficulties.
  1. 22May
    ZIM says its return to profit stems directly from implementing company initiatives, improvement operational efficiencies, and lower fuel prices. Read in Full
  2. 22May
    The second phase, set to begin on August 1, will boost the terminal's capacity by nearly 30 percent. Read in Full
  3. 22May
    The device has been ordered for 3,000 vessels worldwide. Read in Full
  4. 22May
    Rumours had previously speculated that the company was restructuring its oil trading portfolio. Read in Full
  5. 22May
    The ship was floated off at high tide later with no injuries. Read in Full
  6. 22May
    "It is increasingly important for fuel buyers to understand what they have on board," says UK supplier GEOS Group. Read in Full
  7. 22May
    The move was said to be "a milestone for both companies and demonstrates continuous improvements to the fleets' performance." Read in Full
  8. 21May
    The U.S dollar saw downward pressure compared to other currencies making commodities more affordable for people of different monetary holdings. Read in Full
  9. 21May
    The firm has hired Fergus Poole as its new Cruise Manager, says it is in a great position to grow and enhance its support for the sector. Read in Full

Bunker Prices See All Bunker Prices

IFO380 IFO180 LS380 MGO
$/mt +/- $/mt +/- $/mt +/- $/mt +/-
Singapore 358.50 3.00 379.50 0.00 272.50 0.00 590.00 2.00
Rotterdam 335.00 1.50 373.50 1.00 442.50 17.50 580.00 4.00
Houston 338.50 2.50 466.00 0.00 503.50 0.00 650.00 2.50
Fujairah 380.50 1.50 395.00 4.50 730.00 0.00 742.00 1.00
Istanbul 369.00 7.00 397.00 5.50 - 660.50 7.00
Piraeus 343.50 5.00 360.50 5.50 381.00 13.00 623.00 5.50
Hong Kong 380.00 1.50 398.50 2.00 - 597.00 3.50
Santos 350.50 2.50 374.00 2.50 271.50 0.00 733.00 3.00
St Petersburg 270.00 14.00 332.00 11.00 420.00 0.00 528.00 1.00
Balboa, Panama 357.00 1.00 404.00 0.00 507.50 0.00 648.50 3.00
LA / LB 333.50 3.50 375.00 1.00 607.50 0.00 666.50 2.00
Busan 394.00 3.00 434.00 3.50 524.00 14.00 609.50 1.50
Durban - 422.50 20.50 - 738.50 34.50
Tokyo 407.50 1.00 419.50 1.00 - -
Cape Town - 455.00 8.50 - 661.50 13.00
Colombo 433.50 0.00 434.00 0.00 - 664.50 0.00
Mumbai 415.00 0.00 - - 642.50 0.00
Gibraltar 350.50 2.00 380.50 2.00 417.00 72.00 646.50 5.50