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Euronav is Growing its VLSFO Stockpile Again to Dilute $56 Million Paper Loss

Euronav is Growing its VLSFO Stockpile Again to Dilute $56 Million Paper Loss

The company is currently buying 20% more fuel than it needs, to bring down the average price of its stockpile.
  1. 06Aug
    Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 30 – August 5, 2020. Read in Full
  2. 06Aug
    Hapag-Lloyd is temporarily not accepting any cargo to and from Beirut. Read in Full
  3. 06Aug
    Last month some 46% of all HSFO leaving the Baltic Sea went to the US. Read in Full
  4. 06Aug
    Alfa Laval, Hafnia, Haldor Topsoe, Vestas, and Siemens Gamesa have together issued the report. Read in Full
  5. 06Aug
    Is the second major player this week to pull back on its trade financing. Read in Full
  6. 05Aug
    Canada, however, benefits from the U.S.'s slow gains. Read in Full
  7. 05Aug
    Lubricant additive packages may be the key to solving some of the problems associated with VLSFO, according to Lubrizol. Read in Full
  8. 05Aug
    The explosion destroyed most of Beirut's port facilities as well as causing widespread destruction around the city and killing at least 100 people. Read in Full
  9. 05Aug
    The company is seeking candidates with 1-4 years of experience in a similar role. Read in Full
  10. 05Aug
    GP has also brought in UK-based financial restructuring firm Quantuma to assist with its restructuring. Read in Full

Latest Bunker Prices See All Bunker Prices

VLSFO MGO IFO380
$/mt +/- $/mt +/- $/mt +/-
Global 4 Ports Average 332.50 10.00 400.00 5.00 271.50 4.00
Global 20 Ports Average 349.00 5.50 417.00 3.50 290.50 4.50
Global Average Bunker Price 371.00 4.50 486.00 3.50 316.00 2.00
Singapore 349.50 3.50 387.50 0.50 281.00 0.50
Rotterdam 323.00 0.50 367.50 11.00 267.00 1.50
Fujairah 345.50 3.50 459.50 2.50 279.50 4.00
Houston 307.50 2.50 378.50 2.00 264.50 3.50
Busan - login to view prices or
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Colombo - login to view prices or
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Durban - login to view prices or
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Gibraltar 341.00 1.00 - 313.50 3.00
Hong Kong 349.00 1.50 374.00 4.00 304.50 5.50
Istanbul 353.00 0.50 427.50 6.00 314.00 7.50
LA / LB 364.00 2.00 406.50 3.50 271.00 2.50
Las Palmas - login to view prices or
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Mumbai - login to view prices or
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New York 338.50 3.00 381.50 9.00 279.50 0.50
Cristobal, Panama - login to view prices or
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Piraeus 369.50 2.00 407.50 2.00 296.50 0.50
Santos 334.50 12.00 478.50 1.00 -
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