Wed 18 Nov 2009, 08:06 GMT

East Coast South America price comparison


Price fluctuations in Buenos Aires, Montevideo, Santos and Rio de Janeiro are analysed.



Please find below a comparison table for the four principal ports in East Coast South America (ECSA) - Buenos Aires, Montevideo, Santos and Rio de Janeiro between April 2008 and October 2009.

The table includes monthly 380-centistoke (cst) averages for each port together with monthly percentage increases. The highest monthly average price for all four ports was recorded in July 2008 when crude oil reached a peak of $147.27 per barrel on July 11th.

The greatest monthly change was seen in November 2008 when average prices plummeted by 40.5 percent, 41.6 percent, 39.0 percent and 41.1 percent in Buenos Aires, Montevideo, Santos and Rio de Janeiro respectively.

The graphs accompanying this article offer a visual representation of prices in ECSA ports during the April 2008 - October 2009 period. The addition of the WTI crude price in the second graph aims to show how bunker prices would be expected to respond to a surge in crude prices similar to the one seen between April and July 2008.


Month Baires +/- (%) Montev. +/- (%) Santos +/- (%) Rio +/- (%)
Oct 09 433 -4.6 457 -5.4 441 2.8 449 1.8
Sep 09 454 -5.8 483 0.4 429 -6.1 441 -3.1
Aug 09 482 10.3 481 8.6 457 15.1 455 11.0
Jul 09 437 1.2 443 -2.6 397 -0.8 410 0.2
Jun 09 432 21.3 455 28.2 400 17.0 409 13.0
May 09 356 16.7 355 10.9 342 16.3 362 21.5
Apr 09 305 10.5 320 8.1 294 14.8 298 15.5
Mar 09 276 2.2 296 4.6 256 2.8 258 -8.5
Feb 09 270 8.9 283 5.2 249 6.4 282 7.6
Jan 09 248 0.8 269 -3.2 234 5.9 262 17.0
Dec 08 246 -21.9 278 -19.0 221 -25.6 224 -21.1
Nov 08 315 -40.5 343 -41.6 297 -39.0 284 -41.1
Oct 08 529 -16.3 587 -12.9 487 -21.8 482 -22.5
Sep 08 632 -12.2 674 -10.5 623 -9.2 622 -9.5
Aug 08 720 -4.1 753 -4.2 686 -7.9 687 -7.7
Jul 08 751 10.9 786 11.0 745 13.2 744 13.6
Jun 08 677 18.8 708 16.8 658 15.0 655 17.2
May 08 570 8.8 606 7.4 572 11.1 559 10.0
Apr 08 524 564 515 508


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Brazilian supplier restarts marine fuel supply after completing an inspection following an electricity outage.

Stena E-Flexer vessel render. Stena RoRo orders battery-ready E-Flexer 2.0 ferries from Chinese yard  

Vessels include diesel engines capable of running on biodiesel and are methanol-ready.

BW Gemini vessel. Nord Gas Solutions to supply cargo and fuel systems for eight BW LPG VLGCs  

Gas-handling systems specialist awarded contract for new 90,000-cbm vessels.

Kingston Trader vessel. TFG Marine fits mass flow meter to Jamaica-bound bunker barge  

Kingston Trader becomes the first Caribbean bunkering vessel with mass flow metering as TFG Marine’s fleet coverage nears 90%.

Sebastian Vasquez and Camilo Angulo Ferrand, Monjasa. Monjasa announces full-chain marine fuel operations in Cartagena  

Monjasa says it now covers the entire marine fuel supply chain in Colombia, from oil wells to ship-side deliveries.

Steel-cutting ceremony for vessel with builder's hull no. H619. Ceremonies held for Van Oord’s methanol-hybrid rock installation vessels  

Two ships advance through parallel construction at China’s CIMC Raffles shipyard.

WK NatPower and AREL MoU signing. Wah Kwong NatPower signs MoU to explore Hong Kong marine electrification  

Venture will examine shore power, vessel charging and electric vessel deployment around Aberdeen’s waterfront.

Vard 4 39 design render. Dong Fang Offshore orders CSOV with battery-hybrid propulsion  

Vard secures fifth newbuild contract from Taiwanese firm, with delivery scheduled for 2028.

Rock Star vessel. CSL and OWL launch first subsea rock installation vessel for offshore wind  

MV Rock Star can run on MGO and methanol and is designed to support scour protection and cable burial for offshore wind projects.

François Michel and Andy McKeran. Lloyd’s Register study backs 200,000-cbm LNG carriers for fleet renewal  

Analysis finds larger LNG carriers could cut transport costs while retaining access to most major terminals.