World News
Integr8 Recommends HSFO Enquiries Seven Days Ahead of Delivery
Shipowners with scrubber-equipped tonnage should make enquiries for high-sulfur fuel oil (HSFO) at least seven days ahead of delivery, according to trading company Integr8 Fuels.
The company recommends advance warning of seven or more days for a better chance at good availability and competitive pricing, it said in an emailed statement Monday.
"The expectation is for continuing difficulties with sourcing HSFO, at least in the near future," the company said.
"Owners and operators of scrubber tonnage can clearly benefit from more advance planning and access to transparent pricing and availability information."
Owners should also check for HSFO in smaller ports as well as the main hubs, Integr8 said, as these locations are now sometimes more competitive on pricing and can have better availability.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.50 | 9.00 | 685.00 | 6.50 |
| Rotterdam | 506.00 | 6.00 | 665.00 | 11.00 |
| Houston | 552.50 | 0.50 | 682.00 | 4.00 |
| Fujairah | 548.00 | 7.50 | 750.00 | 3.00 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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