World News
MPA Warns Singapore Ships Not to Call Yemeni Ports
The Maritime and Port Authority of Singapore (MPA) Wednesday strongly advised all Singapore-flagged ships against calling Yemeni ports.
"The security situation in Yemen has deteriorated further with increasingly widespread armed conflicts," reads MPA's advisory circular, for the attention of shipowners, managers, operators, masters, and crew of all Singapore-registered ships.
"The ground conditions remain fluid and highly uncertain as the armed conflicts persist.
"In consideration of the safety and security of Singapore-flagged ships and the crew serving onboard these ships, owners and operators are strongly advised to avoid having their vessels call at ports in Yemen."
MPA also said it understood a naval blockade on Yemeni ports was being enforced and said that insurers have advised shipowners and operators with ships in or bound for Yemen to "urgently review their deployment."
In addition, MPA advised the Singaporean shipping community to consult with hull and war insurers and P&I clubs, adding "at all times, safety and security of the crew and the ship must take precedence.
Separately, it is understood that the Singapore Ministry of Foreign Affairs has advised against all travel to Yemen by Singaporean nationals.
Late last month, crude prices were said to have climbed following the escalation of the situation in Yemen.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.00 | 0.00 | 770.00 | 5.00 |
| Rotterdam | 602.50 | 1.00 | 762.00 | 2.50 |
| Houston | 630.50 | 4.00 | 796.50 | 2.50 |
| Fujairah | 648.50 | 0.50 | 900.00 | 4.50 |
| Global 20 Ports Average | 666.00 | 2.00 | 856.00 | 1.00 |
| Global 4 Ports Average | 632.50 | 0.50 | 807.00 | 1.00 |
| Global Average Bunker Price | 715.50 | 1.00 | 893.00 | 8.00 |
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