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Asia Fuel Oil-VLSFO dips; bunker demand cautious after oil spill

Asia Fuel Oil-VLSFO dips; bunker demand cautious after oil spill

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) softened in Asia on Friday, while the market eyed cautious demand for bunkering following a recent oil spill in Singapore. Broader bunkering operations remained largely unaffected, market sources said, though demand...

Trafigura charters supertanker to load gasoil from Mideast

Trafigura charters supertanker to load gasoil from Mideast

Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, taking advantage of lower freight rates for crude tankers to send more fuel to the West, according to shipping data and several trade sources. The shipment marks the...

Baltic index logs weekly gain on strong capesize demand

Baltic index logs weekly gain on strong capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to mark a weekly gain on the back of higher rates for capesize and supramax vessels. The overall index, which factors in rates for capesize,...

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