Popular News
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The most effective way to look at the market currently is to assess the associated risks, writes NSI's Paul Hardy. |
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VLSFO in major ports Friday had a 5% premium over Brent, vs a Q1 2020 average of 35%. |
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Credit managers tell Ship & Bunker they have cut terms from 30 days to 15 for some customers, and to cash in advance for others. |
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Scorpio has paid about $2.5 million per vessel for its scrubbers. |
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The company warns of a worst-case scenario in which boxship freight rates decline as much as they did in the aftermath of the financial crisis in 2009. |
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Average VLSFO price for Global Top 20 Ports was $351.50/mt in March 2020, vs the March 2019 average IFO380 price of $425/mt. |
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The tanker Melody arrived at Hambantota on April 2 with its first bunker shipment. |
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Sinanju's Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd. |
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Total sales jumped to 1.232 million mt in the three months to March 31. |
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The company recommends advance warning of seven or more days for a better chance at good availability and competitive pricing. |
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