"I believe that enforcement will be quite consistent and there will be a level playing field," Goh Chung Hun, director (shipping) at the MPA, said. Click here. ABU DHABI, UAE, May 20, 2019 (GlobeNewswire) Brooge Petroleum and Gas Investment Co ("BPGIC") and Sahara Energy Resources DMCC Dubai ("Sahara Energy") have announced plans to set up an oil refinery to produce bunker fuel with a capacity of up to 250,000 barrel per day (bpd) in the Emirate of Fujairah, UAE (the "Facility"). GLENPOINTE CENTRE WEST, FIRST FLOOR, 500 FRANK W. Keep your vessels moving with GAC Marine Logistics (GML). Therefore, when burnt, bunker fuel causes a lot of pollution. Global shipping prices, market and other tanker information. SANDER products and engineering are available for a wide range of business areas and applications. Plus Chinese refiners' growing taste for Saudi crude, EU CO2 prices. Our CSR policy reflects our belief in building relationships through honesty, trust and respect. 0% RDM, DVD Rotterdam, IFO 180 1. 639 * bunker fuel price index: middle east region port / country. There were signs of bunker price volatility in Fujairah during the week ending 13 May. HullWiper comes to Fujairah. Bunker fuel sales at Fujairah port were estimated to have reached at least 9 million mt in 2018, rebounding from 2017 when sales plummeted by over 25% from 2016 to around 8 million-9 million mt, according to traders. The Port of Singapore and Fujairah are large bunkering ports, which account for a significant share of the overall bunker fuel traded in the global market. Rotterdam volgt met meer dan 10 miljoen ton. 5% week on week. One Stop Shop. Jeddah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. 5pc sulphur prices for the ex-wharf and delivered bunker markets are the first assessments to be launched in the Fujairah market for the quality of fuel needed to comply with the International Maritime Organisation's. 639 * bunker fuel price index: middle east region port / country. It is likely to have different 0. 5pc sulphur delivered bunker price in Fujairah will assess deliveries taking place 4-12 days from the trade date for shipments of 500-3,000t with a maximum viscosity of 380cst. Fujairah, United Arab Emirates : IFO 380 IFO 180 MGO. Welcome to Manifold Times. The sixth column in table shows bunker price for LSMGO (Low Sulphur Marine Gas Oil) with maximum sulphur 0. com page load time and found that the first response time was 2. com: 6: FAIRDEAL. Bunker Fuel Prices Inch Up Higher and Higher. The development marks the start of a changed market place as the upcoming 0. 691 million barrels in the week ended March 27. There are ships as far as the eye can see; hundreds of them, stationary on the water. Uniper Energy owns and Operates two crude processing units in Fujairah that supply annually More than 4 million tons of low-sulfur marine fuel oil International Maritime Organization complies with 0. 5%S index represents the price of bunker fuel delivered between 4 and 12 days from the trade date, for volumes between 500t and 3,000t, with viscosity less than 380cst and Sulphur less than 0. A subsequent revision in October by the country's GST Council to a lower tax rate of 5% has not helped lift volumes to pre-GST levels, a Fujairah bunker supplier said. SINGAPORE, March 25, 2019 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today launched low-sulphur fuel oil (LSFO) price assessments for the ex-wharf and delivered. Uniper Energy owns and Operates two crude processing units in Fujairah that supply annually More than 4 million tons of low-sulfur marine fuel oil International Maritime Organization complies with 0. Countries and Top Ports. The global conglomerate made its maiden delivery via its “6,000-tonner bunker barge” at Fujairah, which will help serve the Port of Fujairah as well as adjoining ocean cargo gateways, enabling the UAE to meet the IMO directive. Rotterdam volgt met meer dan 10 miljoen ton. HOLIDAY TODAY. Fujairah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. To view just those ports with container liner service, follow the Shipping menu. India (Platts)--30Aug2019/743 am EDT/1143 GMT Bunker FO 380 CST Dlvd Hong Kong assessment rationale: The Hong Kong 380 CST bunker fuel assessment Friday reflected the trade at $439. The ports and harbors located in United Arab Emirates are listed below. Learn more about Bunkerworld. Contact Email. While supply and demand dynamics remain uncertain ahead of 2020, market participants will be. 02 million b/d for 2019. Despite this, marine fuels are still quoted on the international bunker markets with their maximum viscosity set by ISO 8217 as marine engines are designed to use different viscosities of fuel. This week, bunker values at Fujairah plunge, mine overcapacity puts pressure on key battery metal lithium, and US LNG exporters face tight margins over the summer. View Quotes. The development marks the start of a changed market place as the upcoming 0. Register for your free Bunkerworld Account A Free registration provides you with restricted access. We are committed to ensuring an excellent experience for our subscribers and those interested in Platts products & services. Simms has been extensively involved in bunker quality dispute claims and represents a number of bunker traders and suppliers in the recent Houston-Panama-Singapore bunker quality claims situation. We serve every type of vessel. Discover everything that Bunkerworld has to offer in our product information centre. 33/mt over the first half of 2018, and averaged $1. With 23 months to go, it is still uncertain whether refineries will be able to meet demand for low sulfur bunker fuel Nov 7 Singapore's changing bunker fuel industry dynamics. Bunker fuel, on the other hand, is a derivative of crude oil. 5pc sulphur delivered bunker price in Fujairah will assess deliveries taking place 4-12 days from the trade date for shipments of 500-3,000t with a maximum viscosity of 380cst. The bunker price of MGO is basis DMA of ISO 8217 2005 or ISO 8217 2010 specification or as per bunker specification available in Klaipeda port. To view just those ports with container liner service, follow the Shipping menu. Founded in 1968, the club competes in the UAE Pro-League. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. 5% sulphur or less from the start of 2020, down from the current 3. APPEC: Compliance with IMO 2020 set to accelerate despite initial hiccups. Bunkerspot is a key source of quality information for all professionals working in the international bunker industry. The Bunkerspot Price Index (BPI) provides daily bunker prices and historical price information across the key fuel grades at 350+ ports around the world. Need Access? Please click here to order a Bunker Index Subscription. To check bunker prices for all the ports in UAE click on UAE. Port of Fujairah readies for IMO 2020 as It introduces low sulphur bunkers 02/26/2019 The Port of Fujairah, the only multipurpose port located on the eastern coast of the United Arab Emirates (UAE), has started offering the International Maritime Organization (IMO) 2020-compliant 0. 28/mt, S&P Global Platts data showed. USA; Israel; India. 02 million b/d for 2019. FOBAS: Off-spec bunker samples up 40% at global ports in 1H October The Lloyd’s Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) recorded 102, or 39. Find information for Singapore Fuel Oil 380 cst (Platts) Futures Quotes provided by CME Group. Bunker alert: High acid number and possible contamination of fuels in Fujairah Lloyd’s Register FOBAS has reported that tests over the past month on a number of fuel oil samples from deliveries in Fujairah have shown an elevated Total Acid Number (TAN). The ports and harbors located in United Arab Emirates are listed below. 1: World [?]: Subscribe for a year or order a 1-month trial. Sign in - Google Accounts. Countries and Top Ports » United Arab Emirates » Fujairah Fujairah, Need Access? Please click here to order a Bunker Index Subscription. The Fujairah/Singapore delivered 380 CST bunker fuel price spread averaged $3. Contact Al Arabia Bunkering, UAE, Bunkers Khor Fakkan, Bunkers Kalba, Bunkers East coast of UAE, Sharjah Contact Al Arabia Bunkering ABC Al Arabia Bunkering Company LLC. Index: IFO 380: VLSFO 0. fujairah bunker fuel price index 800. The global shipping industry will switch to marine fuel, known as bunker fuel, containing 0. To check bunker prices for all the ports in Sudan click on Sudan. 7 percent week on week led by a 16. 0% HOU, DVD. Latest Istanbul bunker prices, analysis, trends, and history. Fujairah enjoys a unique position on the Gulf of Oman, adjacent to the Strait of Hormuz, on the eastern flank of the Arabian Peninsula. Bunker FO 180 CST Dlvd West Japan AARJY00 AARJY03 Delivered Japan 5-10 days 500 1,500 US$ Metric Tons 6. [the uptrend] is heavily driven by [HSFO] flat prices and now fuel cracks are positive," a bunker supplier said. HOLIDAY TODAY. 7% higher, off-spec bunker samples from international ports during the period between 1 to 14 (1H) October, when compared to 73 cases found during 1H of September. 5% sulfur bunker fuel. Cyclades Marine Services is a new, daring venture to assist ship owners, managers, operators, and all others involved in international shipping with their needs wherever these might arise. Singapore weekly onshore fuel oil inventories fell 10 percent, or 2. 0% PIR, DVD Piraeus, IFO 180 1. This site aims to inform readers on the Shipping Industry with emphasis on Ship Chartering, Sale and Purchase of Vessels, Bunker Cost for Ship Owners, Ship Brokers, Charterers and Traders as well as the Baltic Index. Ignition and Combustion properties are part of this copyrighted number. Each month Safety at Sea magazine runs a survey, asking crews for their opinions on topics impacting their safety. Kaohsiung Taiwanese state-owned CPC Corp on Thursday increased both IFO and MGO prices by $10. 02 million b/d for 2019. The Argus LSFO 0. Wednesday, 30 October 2019 | 17:46. Platts Bunker FO 380 Delivered Hong Kong Assessment Rationale - 30Aug19. GLOBAL: Bunker prices break through 12-month ceiling In spite of volatility throughout the year, marine fuel prices at the world's major bunkering hubs looked to have bounced back this week to above the levels seen 12 months ago. The bunker seller carried out the maiden operation using its 6,000-tonne bunker barge, the GPB1, which is based at the key UAE port. Free Tips, Recommendation, Expert Advice, Technical & Fundamental Analysis, Latest Update, News, Stock, Shares, Mutual Fund, Commodities, IPO, Currency Derivatives. This survey, from the December 2018 issue, looks at crew healthcare. With 23 months to go, it is still uncertain whether refineries will be able to meet demand for low sulfur bunker fuel Nov 7 Singapore's changing bunker fuel industry dynamics. Bunker fuel prices, the largest cost of running a ship, correlate with crude oil prices. Wiseguyreports. To check bunker prices for all the ports in UAE click on UAE. Latest Istanbul bunker prices, analysis, trends, and history. Asia Pacific is the most prominent. In a reminder that the oil glut is still far from over, there are now dozens of large tankers full of unsold crude anchored offshore. “That’s why we would rather focus only on our premium customers who are willing to pay up for a brand name and a reliable supplier,” he said. Viswa Lab in United Arab Emirates P O Box 50234,Fujairah, Warehouse 17B, Fujairah Free Zone, +971 92282787. There were signs of bunker price volatility in Fujairah during the week ending 13 May. The Argus LSFO 0. Fujairah expects demand at the port to. Bunker fuel prices, the biggest cost to run a ship, are correlated with crude oil prices. We provide ship bunker fuel inspection testing and inspection services to help ensure the quality and quantity of delivered fuels during bunkering. Oil trader and bunker provider GP Global delivered its first barge of low-sulphur fuel oil compliant with IMO regulations on sulphur emissions into Fujairah in the United Arab Emirates, it said. SINGAPORE, March 25, 2019 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today launched low-sulphur fuel oil (LSFO) price assessments for the ex-wharf and delivered. It was last assessed higher on May 27, 2016, at $23. Additional information: E700 has 15 stops and the total trip duration for this route is approximately 107 minutes. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. Log In Register Register. 24/5 coverage of the global bunker markets Relevant and quality news, insights, features and analysis impacting the global bunker market Access to end of day bunker fuel prices and indications on major ports and Bunkerworld Index. "I believe that enforcement will be quite consistent and there will be a level playing field," Goh Chung Hun, director (shipping) at the MPA, said. Metro Fire Sparks Global War Fears As Putin Retreats To Bunker And Pompeo Cancels news reports started claiming that an over-flight of the Port of Fujairah,. 5% sulphur bunker fuel oil. The global conglomerate made its maiden delivery via its “6,000-tonner bunker barge” at Fujairah, which will help serve the Port of Fujairah as well as adjoining ocean cargo gateways, enabling the UAE to meet the IMO directive. Singapore delivered 380 CST bunker premium at new record high on tight supply "Demand for [380 CST] bunkers remains firm on the whole, and the delivered market is seeing very good premiums now," a bunker trader said. Latest Global 20 Ports Average bunker prices, analysis, trends, and history. The bunker price page for port Port Sudan in Sudan displays latest bunker price at Port Sudan. Fuel oil prices spiked around the market. 5pc sulphur prices for the ex-wharf and delivered bunker markets are the first assessments to be launched in the Fujairah market for the quality of fuel needed to comply with the International Maritime Organisation’s (IMO) new sulphur limits for marine fuel. MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO at the main world hubs) demonstrated slight upward trend in the period of Dec. Viswa Lab in United Arab Emirates P O Box 50234,Fujairah, Warehouse 17B, Fujairah Free Zone, +971 92282787. OFCPs (Oil-Future-Connect prices) are all based on Oil Futures' variations, and can be used as a Benchmark, while running parallel with the physical market simultaneously. attractive for buyers now," a Fujairah bunker fuel trader said. According to an article published in PR Newswire, the global commodity price reporting and news agency Argus and the Asia Pacific Exchange (APEX) has recently signed an agreement licensing the use of the Argus Bunker Index (ABI) Singapore LSFO 0. Bunkerspot is a key source of quality information for all professionals working in the international bunker industry. Already a. attractive for buyers now,” a Fujairah bunker fuel trader said. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. Contact Al Arabia Bunkering, UAE, Bunkers Khor Fakkan, Bunkers Kalba, Bunkers East coast of UAE, Sharjah Contact Al Arabia Bunkering ABC Al Arabia Bunkering Company LLC. f 3rd May 2019. Supply tightness of bunker fuel in east Asia should begin to attract some supply from other regions, including the Middle East, Alexander Yap, an analyst at Platts Analytics in Singapore, said. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3. HullWiper comes to Fujairah. GAC's logistics expertise and insider knowledge of the yachting world is a winning combination when it comes to serving the specialised marine leisure sector. LONDON, March 19, 2017 /PRNewswire/ -- Fujairah, the world's second-largest bunker and fuel oil trading hub, now has a new daily price assessment that reflects local and international market conditions. Government of Fujairah is a major shareholder in National Bank of Fujairah, a UAE local bank. For the week ending September 23, 2016, the average bunker fuel price was $297–$305 per ton. To check bunker prices for all the ports in India click on India. Com Adds "Bunker Fuel -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023" To Its Research Database This report researches the worldwide Bunker. BUNKER BROKERAGE. GAC's logistics expertise and insider knowledge of the yachting world is a winning combination when it comes to serving the specialised marine leisure sector. Bunkering Reliability of Market Bunker Price Bunker Quality Facilities Bunkering Suppliers Transparency Rotterdam 1 2 2 2 4 Singapore 2 1 1 1 1 Houston 4 4 5 5 4 Fujairah 5 3 3 3 3 Hong Kong 3 3 4 4 2 1 Port of Rotterdam The port of Rotterdam located in Rotterdam, Netherlands is the largest bunkering port in Europe which allows them to. 5% Sulfur cap is starting globally in 2020, as well as. Platts Bunker FO 380 Delivered Hong Kong Assessment Rationale - 04Sep19. oil, petroleum, petroleum products, gasoil, mazut, petrol, gasoline, naphta, platts, platts, platts, oil platts, gasoil platts, platt, plat, turkamanistan gasoil. Fujairah expects demand at the port to. The sixth column in table shows bunker price for LSMGO (Low Sulphur Marine Gas Oil) with maximum sulphur 0. Fujairah Natural Resources Corporation. And with the addition of bunker supply out of Fujairah on the Gulf of Oman, we're delighted to enhance that reputation and offer even more choice and flexibility to our customers. Today, Monjasa is leading the race for better global bunker operations and we offer extended ownership and documentation of the sourcing, shipping and supply of oil products. 5% at port Khor Fakkan in USD (US Dollars) per Metric tons (Mts). pdf - Free download as PDF File (. 93) 180 HSFO – up from 387,21 to 388,79 USD/MT (+1. 639 * bunker fuel price index: middle east region port / country. 5pc sulphur delivered bunker assessment, 11 February 2019 Methodology for Singapore LSFO 0. The leader in fuel testing and inspection. The Federal Register Index is issued monthly in cumulative form. A subsequent revision in October by the country's GST Council to a lower tax rate of 5% has not helped lift volumes to pre-GST levels, a Fujairah bunker supplier said. Container Tracker Distance Calculator Nautical Chart IMPA Codes Search Bunker Prices Baltic Dry Index Incoterms Pallets MID Codes Piracy Map 2019 Flag Statistics Who is Who Navigable Rivers Postal Tracker Plane Tracker Air Cargo Tracker AWB, IATA, ICAO Weather. GP Global (formerly Gulf Petrochem) logo. Keep your vessels moving with GAC Marine Logistics (GML). A Reliable Ship Service provider in Bangladesh. The Fujairah/Singapore delivered 380 CST bunker fuel price spread averaged $3. 86 to 348,79 USD/MT (+2. 41 : 2019-10-17: 53. [the uptrend] is heavily driven by [HSFO] flat prices and now fuel cracks are positive," a bunker supplier said. Com Adds "Bunker Fuel -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023" To Its Research Database This report researches the worldwide Bunker. 5% week on week. The ports and harbors located in United Arab Emirates are listed below. WTI: Brent: 2019-10-18: 54. 1% at port Hamburg in USD (US Dollars) per Metric tons (Mts). Moreover, several factors influencing the time series of bunker prices, such as oil prices, world GNP, NYSE index, to name just few of them, will be included in the modeling in a second step. Already a. Nov 01, 2019 · S&P Global Platts said on Friday it had added Uniper Energy DMCC, a unit of Germany-based energy trader Uniper, to its Asia Market On Close (MOC) assessment process for Asian fuel oil. Bunker suppliers in Singapore have seen a jump in inquiries this week following the diplomatic crisis in the Middle East, with some estimating as much as 25,000 mt-30,000 mt of marine fuel demand bein. Problem Fuel Indicating Number PFIN (copyrighted) is a number based on an algorithm, which alerts the customer if the fuel has the potential to cause problems specifically cause piston ring. 26) per tonne, recording its biggest percentage drop since Oct. Your bunkers focal point. In line with the supply of compliant fuels, GP Global also plans to expand its fleet of bunker tankers. Free Tips, Recommendation, Expert Advice, Technical & Fundamental Analysis, Latest Update, News, Stock, Shares, Mutual Fund, Commodities, IPO, Currency Derivatives. Jeddah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. Fujairah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. S&P Global Platts editors' pick of unfolding commodities trends. Log In Register Register. We serve every type of vessel. The Port of Fujairah, the only multipurpose port located on the eastern coast of the United Arab Emirates (UAE), has started offering the International Maritime Organization (IMO) 2020-compliant 0. For those interested, we here offer additional reading materials: downloadable documents published in recent years that together cover all aspects of LNG. ae: 3: AKRON TRADE & TRANSPORT +9719 2228840 +971 9 2228841: [email protected] You are not logged in, please log in or register. 35 Bunker FO 380 CST Ex-Wharf Fujairah AAYBF00 AAYBF03 Ex-Wharf UAE 5-15 days 2,000 7,000 US$ Metric Tons 6. f 3rd May 2019. Aegean owns the largest and most modern fleet of bunker tankers operated by any independent physical supplier and maintains the broadest network of supply hubs globally. f 15th July 2019 (arrival Date) Revision of Outbound THC for AESHJ, AEAJM & AERKT w. FOBAS: Off-spec bunker samples up 40% at global ports in 1H October The Lloyd's Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) recorded 102, or 39. Singapore-based derivatives exchange Asia Pacific Exchange (APEX) has completed the necessary regulatory processes with the Monetary Authority of Singapore (MAS) for its APEX Argus Bunker Index (ABI) Singapore LSFO 0. Latest Global 20 Ports Average bunker prices, analysis, trends, and history. This index is based on a consolidation of the “Contents” entries in the daily Federal Register. Click on regions to view countries and top ports. Live crude oil prices in USA, OPEC, Mexico, Europe and Asia, Historical oil price charts. Plus Chinese refiners' growing taste for Saudi crude, EU CO2 prices. The bunker price page for port Port Sudan in Sudan displays latest bunker price at Port Sudan. f 4th July 2019 (onboard date) and for Import w. 2 fuel oil, bunker B is No. Log In Register Register. Use the Satellite Map link on the left side menu to view a map of the ports in United Arab Emirates. Fuel oil prices in Singapore market slipped for the third straight day after a hefty price rise during the last week. To check bunker prices for all the ports in India click on India. Meanwhile, some delivered bunker fuel traders in Singapore. Welcome to JVS DIVING AND MARINE SERVICES LLC. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. Ship & Bunker - News, Exclusive Features, Bunker Price Indications - The World's Most Read Publication for the Marine Fuels Industry. 5pc sulphur prices for the ex-wharf and delivered bunker markets are the first assessments to be launched in the Fujairah market for the quality of fuel needed to comply with the International Maritime Organisation's (IMO. An index to the text of “Title 3—The President” is carried within that volume. Fujairah heavy distillate stocks slide 14% on week amid robust bunker demand "We saw steady inquiries in recent weeks and the price difference to Singapore did help to sustain some buying interest," a bunker supplier said. Fujairah – Middle East’s largest bunkering hub Fujairah is the Middle East’s largest bunkering hub. pdf - Free download as PDF File (. Gurgaon (Platts)--4Sep2019/716 am EDT/1116 GMT Bunker FO 380 CST Dlvd Hong Kong assessment rationale: The Hong Kong 380 CST bunker fuel assessment Wednesday took into consideration offers heard during but outside the Platts Market on Close assessment process. 59/mt over H2 2018, S&P Global Platts data showed. The UAE, home to the world's second-largest bunker and fuel oil trading hub in Fujairah, is an important producer of fuel oil but typically supplies medium- and high-sulphur grades. "Demand remains on a negative watch," Platts Analytics said, after lowering its demand growth forecast to 1. Fujairah is the only multi-purpose port on the eastern seaboard of the UAE approximately 70 nautical. S&P Global Platts said on Friday it had added Uniper Energy DMCC, a unit of Germany-based energy trader Uniper, to its Asia Market On Close (MOC) assessment process for Asian fuel oil. With 23 months to go, it is still uncertain whether refineries will be able to meet demand for low sulfur bunker fuel Nov 7 Singapore's changing bunker fuel industry dynamics. Uniper Energy will also be included in Platts' price assessment process for Singapore and Fujairah physical bunker fuel, Platts said in a subscriber note. Contact Email. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. Contact Name. UAE – Mubasher: Fujairah-based Brooge Petroleum and Gas Investment Co (BPGIC) and Dubai’s Sahara Energy Resources DMCC have signed a partnership agreement to build an oil refinery, which is the first of its kind in the MENA region, to produce bunker fuel. Viswa Lab is the one of the few labs accredited to ISO 17020 by Singapore Accreditation Council for the Bunker Quantity Survey Activity. Latest World bunker prices, analysis, trends, and history. Renewed interest comes after IMO announced new tighter specifications for shipping fuels. ABU DHABI, UAE, May 20, 2019 (GlobeNewswire) Brooge Petroleum and Gas Investment Co ("BPGIC") and Sahara Energy Resources DMCC Dubai ("Sahara Energy") have announced plans to set up an oil refinery to produce bunker fuel with a capacity of up to 250,000 barrel per day (bpd) in the Emirate of Fujairah, UAE (the "Facility"). For the past two weeks, bunkering sentiment had been cautious in Singapore owing to quality concerns, Singapore bunker trade sources said. Wednesday, 30 October 2019 | 17:46. The bunker price page for port Khor Fakkan in UAE displays latest bunker price at Khor Fakkan. The May 12 explosions off the coast of Fujairah, United Arab Emirates–one of the oil-shipping hubs across the globe–has become a controversy shrouded in mystery that could serve the interests of those seeking escalated tensions in Iran relations. According to an article published in PR Newswire, the global commodity price reporting and news agency Argus and the Asia Pacific Exchange (APEX) has recently signed an agreement licensing the use of the Argus Bunker Index (ABI) Singapore LSFO 0. In a reminder that the oil glut is still far from over, there are now dozens of large tankers full of unsold crude anchored offshore. Meanwhile, some delivered bunker fuel traders in Singapore. This site aims to inform readers on the Shipping Industry with emphasis on Ship Chartering, Sale and Purchase of Vessels, Bunker Cost for Ship Owners, Ship Brokers, Charterers and Traders as well as the Baltic Index. Given that it is a measure of shipping rates, the increase in the Baltic Dry Index is regarded by many as an important indicator of an improving global economy. Already a subscriber?. HOLIDAY TODAY. Since its inception in 1981, Veritas Petroleum Services (VPS) has been a leader in fuel testing and bunker quantity surveys, raising the bar and setting standards for marine fuel management. 5pc sulphur prices for the ex-wharf and delivered bunker markets are the first assessments to be launched in the Fujairah market for the quality of fuel needed to comply with the International Maritime Organisation's (IMO) new sulphur limits for marine fuel. Com Adds "Bunker Fuel -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023" To Its Research Database This report researches the worldwide Bunker. Your bunkers focal point. Bunker suppliers in Singapore have seen a jump in inquiries this week following the diplomatic crisis in the Middle East, with some estimating as much as 25,000 mt-30,000 mt of marine fuel demand bein. "Demand remains on a negative watch," Platts Analytics said, after lowering its demand growth forecast to 1. Spot prices for 0. 8 sec to load all DOM resources and completely render a web. 691 million barrels in the week ended March 27. Bunker availability limited at Durban on refinery outages: sources The spot [market] has dried up, causing "a knock-on effect in surrounding areas, a trader said. A subsequent revision in October by the country's GST Council to a lower tax rate of 5% has not helped lift volumes to pre-GST levels, a Fujairah bunker supplier said. 2 fuel oil, bunker B is No. 5% sulfur bunker in Fujairah are around discounts of $40/mt to 10 ppm gasoil prices [on a delivered basis]. Sign in - Google Accounts. The sixth column in table shows bunker price for LSMGO (Low Sulphur Marine Gas Oil) with maximum sulphur 0. The leader in fuel testing and inspection. United Arab Emirates. 4 sec and then it took 2. World IFO180 Average Bunker Price, Indice, IFO 180 1. All prices are striclty indicative and have been produced based on quantities larger than 500mt for IFO and 50mt for MGO & MDO. GAC Bunker Fuels draws on our strong market relationships, trusted suppliers, up-to-the-minute information and global reach to give you the best bunker fuel prices and delivery options around the world to save you money on your bunker fuel procurement. Contact Al Arabia Bunkering, UAE, Bunkers Khor Fakkan, Bunkers Kalba, Bunkers East coast of UAE, Sharjah Contact Al Arabia Bunkering ABC Al Arabia Bunkering Company LLC. 7% higher, off-spec bunker samples from international ports during the period between 1 to 14 (1H) October, when compared to 73 cases found during 1H of September. In case of emergency, Members and Correspondents are encouraged to contact the Claims Team direct whenever possible. A Reliable Ship Service provider in Bangladesh. For the past two weeks, bunkering sentiment had been cautious in Singapore owing to quality concerns, Singapore bunker trade sources said. India (Platts)--30Aug2019/743 am EDT/1143 GMT Bunker FO 380 CST Dlvd Hong Kong assessment rationale: The Hong Kong 380 CST bunker fuel assessment Friday reflected the trade at $439. 7 percent week on week led by a 16. Log In Register Register. Oil markets are underestimating the risk of an escalation in hostilities in the Middle East, according to analysts, because previous threats of a wider regional conflict sparked by souring Iran and US relations have failed to materialize. FUJAIRAH, 27th August, 2018 - The premium for Fujairah-delivered 380 CST bunker fuel to the Mean of Platts Arab Gulf 180 CST high sulfur fuel oil assessments rose by $1. We serve every type of vessel. While supply and demand dynamics remain uncertain ahead of 2020, market participants will be. Former IPIC project had been shelved. Fujairah is also turning into an oil products trading hub and now rivals Singapore and Rotterdam in traffic in bunker fuel, the thick stuff that powers ships. Register for your free Bunkerworld Account A Free registration provides you with restricted access. The delivered 380 CST bunker fuel premium over the Mean of Platts Arab Gulf 180 CST high sulfur fuel oil assessments had averaged $10/mt in H1 June, stable compared with H2 May, Platts data showed. Those are in greater supply than ULSFO, which has a sulphur content of up to 0. While supply and demand dynamics remain uncertain ahead of 2020, market participants will be. The Intertek Lintec surveyor will also oversee and supervise bunker fuel sampling before arranging fuel quality testing at a convenient laboratory. Fujairah is a major bunker fuel hub on the Gulf of Oman in the UAE, supplying up to 1mn t/month to vessels. pdf - Free download as PDF File (. Meanwhile, some delivered bunker fuel traders in Singapore. GENERAL CONTACT INFORMATION, SALES & CLIENT SUPPORT. Latest World bunker prices, analysis, trends, and history. HOLIDAY TODAY. OFCP should be the base for the bunker price mechanism and the physical market to come second. Free Tips, Recommendation, Expert Advice, Technical & Fundamental Analysis, Latest Update, News, Stock, Shares, Mutual Fund, Commodities, IPO, Currency Derivatives. Our CSR policy reflects our belief in building relationships through honesty, trust and respect. The customer needs expert advice, needs all additional tests to be carried out to clearly identify the root cause, all this needs to be available in one place and needs the helping hand of the lab expertise to walk through the problem. ae: 3: AKRON TRADE & TRANSPORT +9719 2228840 +971 9 2228841: [email protected] txt) or read online for free. Notice for WanHai Bunker Surcharge (WBS) w. The Argus LSFO 0. 41 : 2019-10-17: 53. 9% to 2,462 ringgit ($591. 33/mt over the first half of 2018, and averaged $1. 0% HOU, DVD. The port's move came a week after it imposed a blanket ban following the UAE's. We are committed to ensuring an excellent experience for our subscribers and those interested in Platts products & services. The Argus LSFO 0. The Bunker Price Index consist of a range of prices for 180 HSFO, 380 HSFO and MGO (Gasoil) in the main world hubs demonstrated upward trend yesterday. Bunker alert: High acid number and possible contamination of fuels in Fujairah Lloyd’s Register FOBAS has reported that tests over the past month on a number of fuel oil samples from deliveries in Fujairah have shown an elevated Total Acid Number (TAN). Fujairah heavy distillate stocks slide 14% on week amid robust bunker demand "We saw steady inquiries in recent weeks and the price difference to Singapore did help to sustain some buying interest," a bunker supplier said. GP Global (formerly Gulf Petrochem) logo. BP is a bunker supplier in Salalah but mainly sells gasoil and naval distillate F76 to naval ships at Salalah. It allows you to receive the Bunkerworld Daily Email with latest prices and news headlines, make postings in the forum and classifieds sections, and access more price information (more ports). When a customer faces a fuel related problem he should be provided with all possible assistance. Bunker fuel prices, the largest cost of running a ship, correlate with crude oil prices. OFCP should be the base for the bunker price mechanism and the physical market to come second. - This is a daily bunker prices report produced for your guidance only. Sep 05 Gibraltar As per local Gib time(08:59 AM), Eight vessels awaiting entry at western anchorage. 2 Fujairah Fujairah in the United Arab Emirates is the world fourth largest bunkering area. This index is based on a consolidation of the “Contents” entries in the daily Federal Register. The bunker price of MGO is basis DMA of ISO 8217 2005 or ISO 8217 2010 specification or as per bunker specification available in Hamburg port. 5pc sulphur prices for the ex-wharf and delivered bunker markets are the first assessments to be launched in the Fujairah market for the quality of fuel needed to comply with the International Maritime Organisation’s (IMO) new sulphur limits for marine fuel. Global bunker supplier Aegean Marine Petroleum Network’s new leadership team is pursuing four main strategic initiatives — rationalizing the company’s global platform for asset optimization, executing cost saving initiatives, capitalizing on key business development projects, and generating new revenue streams — to grow the business amid challenging market conditions, the company said. Bunkering demand at the port of Fujairah in the UAE has dipped a bit following recent tanker attacks in the Middle Eastern region, though it's not clear if the trend is just temporary, bunker. Superyacht Services Enquiry Form. World IFO180 Average Bunker Price, Indice, IFO 180 1. Fujairah heavy distillate stocks slide 14% on week amid robust bunker demand "We saw steady inquiries in recent weeks and the price difference to Singapore did help to sustain some buying interest," a bunker supplier said. 5pc sulphur delivered bunker price in Fujairah will assess deliveries taking place 4-12 days from the trade date for shipments of 500-3,000t with a maximum viscosity of 380cst. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. The price of 380 CST delivered bunker fuel in Singapore was assessed at $399. Energy news, Bunker fuel prices, Energy companies directory and products. For the offshore oil and gas field services, the Council set the GST at 12 percent. Meanwhile, some delivered bunker fuel traders in Singapore. Since its inception in 1981, Veritas Petroleum Services (VPS) has been a leader in fuel testing and bunker quantity surveys, raising the bar and setting standards for marine fuel management. This site aims to inform readers on the Shipping Industry with emphasis on Ship Chartering, Sale and Purchase of Vessels, Bunker Cost for Ship Owners, Ship Brokers, Charterers and Traders as well as the Baltic Index. Register for your free Bunkerworld Account A Free registration provides you with restricted access. 5pc sulphur fuel oil barge fob and bunker delivered assessments, 25 March 2019 Argus launches Singapore MGO 0. [email protected]