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


		Europe risks falling behind China in race to produce e-fuels for shipping Europe has 69 e-fuel projects but only six are operational, while China is scaling rapidly.

		Sing Fuels opens applications for junior bunker trader role Singapore-based firm seeks candidates with one to two years of experience in marine fuels or the wider maritime industry.

		Eleven Energy eyes Athens expansion with trader hire Riyadh-headquartered firm looking to open its second office in Europe.

		Monaco backs Scorpio Ship Management in European hydrogen propulsion project Government co-finances Scorpio’s role in Project Mariner as Europe pushes to develop hydrogen propulsion technology for commercial shipping.

		Exmar takes delivery of second dual-fuel ammonia carrier at HD Hyundai Heavy Industries Arlon is second in a planned series of four ammonia dual-fuel midsize gas carriers.

		IBT Bunkering & Trading launches Singapore desk to complement Hamburg operation German bunker firm says the move gives it round-the-clock coverage across two continents.

		Singapore awards eight new LNG bunkering licences ahead of September launch The Maritime and Port Authority of Singapore is expanding the city-state’s LNG bunkering capacity with eight new five-year licences.

		New Times Shipbuilding launches two LNG dual-fuel crude oil tankers for Maran and Capital Ship Two 155,500-dwt LNG dual-fuel tankers floated out for Greek shipping groups.

		Naming ceremony held for Huangpu Wenchong's first methanol dual-fuel bulkers Two 65,000-tonne vessels built for Limassol-based Lemissoler Navigation.

		Damen launches second CSOV 9020 for TSSM, prepared for future methanol operation The vessel, to be named TSS Challenger, is due for delivery in early 2027.