St Petersburg Bunker Avails Show Improvement Following Shortage

by Ship & Bunker News Team
Thursday October 13, 2016

Market sources said that bunker fuel availability at the Russia's port of St Petersburg had improved Wednesday, Platts reports.

As Ship & Bunker reported Tuesday, St Petersburg was said to be "out of bunker fuel" earlier this week, with dates for replenishment unclear.

However, one St Petersburg bunker trader has said that availability is now back to normal in the port.

"Availability is not quite up to normal levels but much better," said another bunker trader who was noted to have fixed a sizeable stem Wednesday morning.

Average price indications for Tuesday were $218 per metric tonne (pmt), up from $186.50 pmt a week before, according to Ship & Bunker data.