ENGINE: East of Suez Bunker Fuel Availability Outlook

Singapore and Malaysia Bunker demand has been slow in Singapore over the past two weeks, according to a source. VLSFO availability has improved, with most Singapore suppliers now recommending lead times of 2-5 days, down from 5–9 days last week. HSFO lead times are at...
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HSFO spot premiums dip but backwardation holds

HSFO spot premiums dip but backwardation holds
Spot premiums for high sulphur fuel oil (HSFO) eased further in Asia on Tuesday, although backwardation retained its strength in the prompt trading months. The March/April backwardation spread for 380-cst HSFO closed at $15.50 per metric ton on Tuesday, widening from...
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Dry Bulk Shipping: Handysize Ships Heading Lower

Dry Bulk Shipping: Handysize Ships Heading Lower
Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal said that “in recent years, geopolitical uncertainty has been a defining characteristic of the global landscape. The...
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