Global Vision Market Report

Fri 6 Nov 2015, 12:23 GMT

Global Vision Market Report

Market report from Global Vision Bunkers B.V.

Crude oil prices edged up on Friday after falling over 2 percent the previous session, with analysts saying oversupply and a strong dollar would continue to weigh on fuel markets.

U.S.

Houston (ex-wharf indications 6-11)
380cst $235
180cst $293
MGO $489

New Orleans (ex-wharf indications 6-11)
380cst $242
180cst $291
MGO $481

Singapore (delivered indications 6-11)

Brent is losing with -$0.48 for December contracts. Singapore paper is down with -$2.50 for 180cst with -$3.30 for 380cst for Nov, and for Dec 180 cst -$3.00 and 380cst with -$3.50 with MGO contracts Nov following with -$0.80 and in Dec with -$0.74. The cargo market is yet to react with 180cst -$5.36, 380cst with -$4.92 and MGO with -$1.85.

380cst $240
180cst $252
MGO $450

Fujairah (delivered indications 6-11)

380cst $237
180cst $275
MGO $610

ARA (Amsterdam - Rotterdam - Antwerp)

Indications for delivered bunkers:
380cst : $223
MGO 0.1%S: $413

MGO


		Lloyd’s Register examines LPG as marine fuel in new research report Classification society evaluates LPG emissions benefits, safety considerations and technology readiness for shipping.

		Finnlines begins construction of first methanol-capable ro-pax vessel in EUR 500m newbuild programme Grimaldi Group subsidiary begins work on Hansa Superstar class ships at Chinese shipyard.

		Navios Partners takes delivery of LNG- and methanol-ready boxship The 7,900-teu Navios Cyan is the first of four newbuildings in the series.

		Floating hydrogen power hub validated for grid-independent ship charging at berth ELIRE Maritime-led consortium validates modular platform delivering 5MW of clean power without a shoreside grid connection.

		PIL completes first LNG bunkering at Shanghai’s Mingdong Terminal Kota Ocean took on 4,300-cbm of LNG during simultaneous cargo operations.

		Estonia orders first fully electric ferry from Polish shipyard CRIST Battery-powered vessel designed by LMG Marin will operate on the Virtsu–Kuivastu route from 2028.

		X-Press Feeders trials ethanol-methanol blend in Rotterdam Container operator tests 10-90 ethanol-methanol fuel mix aboard Eco Levant vessel.

		Venture Energy signs green methanol cooperation agreement MoU establishes framework for long-term offtake and capacity development in maritime decarbonisation.

		Iberdrola España completes shore power installation at the Port of Pasaia Spanish utility installs onshore power supply system, enabling docked vessels to use renewable electricity.

		Itochu secures approval for ammonia bunkering trials in Singapore Japanese trading house to conduct two-year trial following MPA authorisation.