Thu 29 May 2014, 15:06 GMT

Global Vision Market Report



U.S.

API: Crude oil +3.5 Distillates +0.8; Gasoline -1.4 million barrels vs previous week.
Forecasts: Crude oil +0.3; Distillates -0.2; Gasoline +0.3 million barrels vs previous week.

Houston (ex-wharf indications 29-5)

380cst $604
180cst $702
MGO $992

New Orleans (ex-wharf indications 29-5)
380cst $609
180cst $690
MGO $987

Singapore (delivered indications 29-5)

WTI is down with -$1.43. Singapore paper is up with +$1.00 for 180cst and +$0.25 for 380cst for Jun, and for Jul 180 cst +$0.25 and 380cst with +$0.25 with MGO contracts being bearish in Jun with -$0.65 and in Jul with -$0.49. The cargo market is bearish with 180 cst -$3.58, 380cst with -$2.18 and MGO with -$0.36.

The Singapore fuel oil prices extended its loss dropping between -$3.5 to -$2.0 during the Platts window. The delivered bunker premiums were around +$3.5 to +$5.0 above cargo prices yesterday.

380cst $606
180cst $621
MGO $920

Fujairah (delivered indications 28-5)

380cst $614
180cst $648
MGO $985

ARA (Amsterdam - Rotterdam - Antwerp)

No indications out today

MGO  

Maersk Tahiti vessel. Bound4blue completes second suction sail installation for Maersk Tankers  

Four 24-metre eSAIL units fitted on Maersk Tahiti at Chinese shipyard in April.

Aerial view of Port of Yokohama. Asia Pacific ports advance cross-sector hydrogen and e-fuel infrastructure  

Accelleron report highlights a coordinated approach combining energy, industry and shipping demand to stimulate market development.

Keel-laying ceremony of a vessel with builder's hull no. 8392. Exmar lays keel for ammonia-powered midsize gas carrier  

Belgian shipping company marks construction milestone for dual-fuel vessel at Hyundai Heavy Industries yard.

Vessel with two Wind Challenger units installed. MOL installs dual Wind Challenger hard sails on LNG carrier under construction  

Japanese shipping company fits telescoping hard sails at Hanwha Ocean's Geoje yard for 2026 delivery.

IBIA members meeting graphic. IBIA to host members meeting on mass flow meter survey findings  

Session on 14 May will examine global MFM implementation and fuel quality transparency.

Edmond Ow, GCMD. GCMD outlines phased approach to ammonia bunkering safety and operations  

Organisation details three-phase programme spanning 2023–2026 to address safety gaps in ammonia bunkering.

Johnson Matthey logo. Johnson Matthey to supply methanol technology for Liquid Sunshine biomethanol plant in China  

First phase aims for 75,000 tonnes annual capacity, with potential e-methanol expansion planned.

Classification certificate for methanol fuel bunkering vessels. CCS issues methanol and scrubber certifications at Singapore Maritime Week  

State-owned enterprise presents methanol classification certificate and approves open-loop exhaust gas cleaning system.

Houston skyline. Dan-Bunkering seeks senior fuel supplier for Houston office  

Marine fuel supplier is recruiting for a strategic role managing key accounts across the Americas oil and gas sector.

Monjasa logo. Monjasa reports $39m profit as marine fuel volumes hold steady at 6.8m tonnes  

Danish bunker supplier maintains volumes despite muted demand, with equity reaching $472m in 2025.