Platts Bunker Prices

Platts launched Marine Fuel 0. Q: The new ECA sulphur limit has been in place for a while now. As bunker prices account for 70% of the cost of operating a dry bulk vessel, any significant changes in fuel prices will have a knock-on effect on freight […]. Platts Oilgram News, Platts Oilgram Price Report, US Marketscan, North American Crudewire, Crude Oil Marketwire, Bunkerwire, LPGaswire, Platts Refiner, Platts Spot To Rack and Latin American Wire. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. Alternatively, the data can be accessed via an intuitive Excel Add-In, which helps speed up your searches and simplifies data interrogation. Get a Free trial with no obligations. 00 LA / Long Beach 619. Posted on 26th July 2019 16th March 2020 By Basujit Chakravarty. Auto Refresh Is. Gain insight and track bunker marine fuel prices in an IMO 2020 world. It is clear to straw-coloured in appearance. The new Marine Fuel 0. The main market to see a drop in rates on Thursday was the Mediterranean Aframax sector, where rates on the cross-Mediterranean route, basis 80,000 mt, fell 5 Worldscale points to. 07/BBL ($222. In the first post in this series, Bunker Fuel Hedging & Price Risk Management - Swaps, we examined how companies in the maritime and shipping industries can hedge their exposure to volatile bunker fuel prices with a strategy known as a fixed price swap. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Range: 200 to 450. Bunker The vessels that operate along the Brazilian coast can rely on bunkering services and on our high-quality products, guaranteed delivery, excellence in services, and competitive pricing. The price of 380 centistoke bunker fuel was quoted at $287-$290/ton in Singapore, down $2-$3 from Tuesday. Americas, North America, United States of America, EMEA, Europe, Russia, Switzerland, Middle East, Saudi Arabia. Jetfuel Platts Price | Aviation Fuel or Jet fuel is a type of aviation fuel designed for use in aircraft powered by gas-turbine engines. Get ahead of the International Maritime Organization’s 2020 marine fuel regulation with NYMEX Marine Fuel 0. Since 1909, Platts has provided information and insights that help clients make sound trading and business decisions, and enable the markets to perform with transparency and efficiency. The future cost of 3. whether it is crude or white product. When the shipping industry counts down to the New year on December 31, markets are unlikely to be in a celebratory mood as global markets will wake up to a whole new shipping regime come January 1: IMO 2020. Bunker fuel is a primary type of fuel oil used aboard ships. 5% at port Shanghai in USD (US Dollars) per Metric tons (Mts). The most commonly used fuels for commercial aviation are Jet A and Jet A-1 which are produced to a standardized international specification. On February 28, the spread between the two types of fuel oil stood at $99/mt basis delivered Rotterdam, according to S&P Global Platts data, although there is variation between ports depending on the supply-demand balance. Our bunker price indications are an accepted benchmark. 5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. The new Marine Fuel 0. Global 20 Ports Average. Petrobras Bunker surpasses the international quality requirements, it has a low metal content and complies with the requisites set forth by the ISO 8217. 5%S considered non-compliant beginning Jan 1 2020 Bunker fuel volume affected at about 3. The contract prices for the fourth-quarter and the first-quarter of next year are flat to a premium of $5/mt to Platts Marine Fuel 0. Given the current price differential between 3. 弊社は弊社ウェブサイトにおけるお客様の経験を改善し、Platts製品とサービスのための広告および. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. Platts Bunkerworld 2 About S&P Global Platts At S&P Global Platts, we provide the market insights so you can make better informed trading and business decisions. 8% in a week, according to reports from Platts' Bunkerworld in the seven days to 15 April the Amsterdam-Rotterdam-Antwerp range of ports saw fuel reserves rise to 1. About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. What areas might have to import product to blend, leading to higher prices. S&P Global Platts says the incoming implementation of the 0. IFO 380 Port Trend Comparison. Posted on 26th July 2019 16th March 2020 By Basujit Chakravarty. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Bunker Prices of IFO380, IFO180, MDO, MGO-0. The cash-settled futures contracts allow you to hedge price risk in an increasingly volatile bunker market as markets grapple with changing dynamics relating to the new environmental regulations from 2020. Discover everything that Bunkerworld has to offer in our product information centre. Mazut may be used for heating houses in the former USSR and in countries of the Far East that do not have the facilities to blend or break it down into more conventional petro-chemicals. S&P Global Platts will launch new low-sulphur marine gasoil and diesel oil prices at several bunkering ports in Asia from June, it said in a note to subscribers on Tuesday. This methodology implies that the dollars-per-day spread between the scrubber and non-scrubber Platts TCE indices will generally move in parallel with the dollars-per-ton spread between HSFO. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. Range: 2019-10-02 16:04:48 to 2020-02-15 07:55:12. The main market to see a drop in rates on Thursday was the Mediterranean Aframax sector, where rates on the cross-Mediterranean route, basis 80,000 mt, fell 5 Worldscale points to. D6 is a type of residual fuel, mainly used in power plants and larger ships. Date Price $/mt Change High Low Spread; T May 5: 249. Tehran Iran; Sat - Thu - 16:30 Friday CLOSED +98 21 8819 0964 +98 912 147 3955. Platts Oilgram News, Platts Oilgram Price Report, US Marketscan, North American Crudewire, Crude Oil Marketwire, Bunkerwire, LPGaswire, Platts Refiner, Platts Spot To Rack and Latin American Wire. 5 Central Babak Africa blv. 5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. 1% in Rotterdam, New York and Houston. Platts editors talk about the impact of South Korea's return to the spot market, the effect of falling crude oil prices on the LNG market, and the factors that may provide support to the weak LNG. LA / Long Beach. Range: 2020-01-06 13:26:24 to 2020-02-20 10:33:36. In the shipping world we hear the bunker term a lot as it is one of the main costs that the carriers incur. January 29, 2020. com for the latest commodities news. OUR PROMISE. To obtain a representative geographical spread, the ports were selected by size with reference to their geographical importance. Platts recently attended the TPM 2018 conference in Long Beach, California and spoke to concerned industry players about life after the TSA. D2 is a refinery abbreviation for Gasoil. 5/b on July 19, 2019. NWE stands for "North Western Europe" or what used. Bunker fuel. Global bunker specification changes in 2020 require large-scale shifts in refinery operations and will be very disruptive, both within the industry and more broadly. 5%S quality fuel oil, as per ISO 8217 specifications, with effect from January 3, 2017. Marine Fuel 0. The alternative is to look at bunker. Petrochemical prices, expressed as a monthly average, fell $91 per metric ton (/mt) from June to $1,013/mt in July. Higher bunker fuel prices driving up fuel surcharges Hugh R. Seattle Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. The new Marine Fuel 0. 弊社は弊社ウェブサイトにおけるお客様の経験を改善し、Platts製品とサービスのための広告および. The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3. Busan Public Holiday- Orininal(Childrens Day). Thanks for your interest in Coking Coal. Bunker fuel is a type of liquid fuel which is fractionally distilled from crude oil. "It is probable there will not be one standard very low sulfur fuel oil with a 0. 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. Platts is a leading global provider of energy, petrochemicals and metals information, and the world's foremost source of price assessments in the physical en. 29, 2019 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced. Fill out the form so we can contact you to the right person. D6 is its name in the USA. The event will discuss the IMO sulphur cap that has been in place for just over two months. A steep decline in demand is credited with the cause of the increase in stocks as the […]. Seattle Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. Mean of Platts Singapore. 00: 2020-01-06: 448. Call us today on +44 (0)28 6632 9999 for a demonstration of our latest Desktop & Smartphone solutions. What is the current NWE platts d2 price? Wiki User 2013-05-13 17:38:33. ex-wharf 380 CST bunker fuel (Platts market data code PBAAX00), ex-wharf 180 CST bunker fuel (PUADJ00), delivered 380 CST bunker fuel. 5% HSFO bunker demand will go, how this will be replaced and what this means for prices. More Americas Prices. In the first post in this series, Bunker Fuel Hedging & Price Risk Management - Swaps, we examined how companies in the maritime and shipping industries can hedge their exposure to volatile bunker fuel prices with a strategy known as a fixed price swap. D6 is its name in the USA. Platts launched Marine Fuel 0. MOPS (short for the Mean of Platts Singapore) is the average of a set of Singapore-based oil product price assessments published by Platts, a global energy, petrochemicals, metals and agriculture information provider and a division of S&P Global. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3. Platts is a leading global provider of energy, petrochemicals and metals information, and the world's foremost source of price assessments in the physical en. A total of 11. Shanghai Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. S&P Global Platts is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. Fujairah data: Oil product stocks hit 5-week high as middle distillates jump 27% January 29, 2020. 50 Rotterdam 472. 5/b on July 19, 2019. 5% cargo and barge assessments globally on January 2, 2019. Settlement prices on instruments without open interest or volume are. The NYMEX ULSD prompt-month futures contract dropped 1. S&P Global Platts. Download PDF. 07/BBL ($222. S&P Global Platts has launched the Bunkerworld Marine Fuel 0. Platts JKM prices will likely. Spot MGO prices in Los Angeles also reached a low not seen in more than two years as the assessment shed $30 to $503. The NYMEX ULSD prompt-month futures contract dropped 1. Prices published in Platts publications Bunkerwire and Bunkerworld are widely used as the benchmark in the shipping and bunker industries. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. Higher bunker fuel prices driving up fuel surcharges Hugh R. What does platts mean? Information and translations of platts in the most comprehensive dictionary definitions resource on the web. 50/MMBTU in 2020, as new LNG supply pushes prices toward coal parity in Europe. Ship diversions could benefit South Korean bunker suppliers. Fill out the form so we can contact you to the right person. ABOUT PLATTS BUNKERWORLD. Fuel Oil Products. 473 million tonnes. Global Average Bunker Price. Agenda of the event. Thanks for your interest in Bunkerworld, please complete this form and we will be in touch shortly. Platts rotterdam price for D2 today D2 gasoil prices are usually platts average minus a discount of $10 -$20 today is in the range of $ 1000 per mt. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. Platts Bunker Prices Bunker Software: Increase bunker fuel buying accuracy while reducing operating costs. As we know, 50% - 60% of voyage related expenses are locked in bunker costs. Platts is a leading global provider of energy, petrochemicals and metals information, and the world's foremost source of price assessments in the physical en. The new Marine Fuel 0. 29, 2019 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced. Discover how you can access our oil prices, news & analysis. Rate Information Services (Fuel Prices Online) have signed an agreement with Platts to provide information and data to Fuel Retailers, Fuel Suppliers, and other institutions. As of early July, 12 or 13 VLCCs were used as floating storage for. When the shipping industry counts down to the New year on December 31, markets are unlikely to be in a celebratory mood as global markets will wake up to a whole new shipping regime come January 1: IMO 2020. We provide spot and forward price assessments for Oil, Natural Gas, Electric Power, Coal, Petrochemicals, Metals, and Agriculture markets, publishing over 12,000 prices daily. In Singapore, IFO 180 cSt and IFO 380 cSt graded fuel oil prices edged up $18. 6/b against Platts Dubai on Feb 6, marking the lowest price differential since $4. The most commonly used fuels for commercial aviation are Jet A and Jet A-1 which are produced to a standardized international specification. End of interactive chart. The price of 380 centistoke bunker fuel was quoted at $287-$290/ton in Singapore, down $2-$3 from Tuesday. Source: S&P Global Platts 0 3 6 9 12 15 price series Platts launches Pacific and Atlantic ballast rate assessments Platts launches Pacific and Atlantic shipping day rate assessments 2010. Bunker Prices Daily Indicative Bunker Prices in USD/MT Worldwide Exchange Rates Daily Updated Currency Exchange Rates Demolition Market Weekly Indicative Scrap Price Levels Worldwide Go Shipping News Our latest news & announcements Go Shipping & Management Inc. Market Specifications. Platts editors discuss the recent OW Bunker bankruptcy and the consequences for the global bunker market; focusing on price, competition, finance, losses and other ramifications. Platts' headquarters is located in London, England, GB E14 5LH. January 29, 2020. 5% from January 1, from 3. 0% Sulfur Bunkers ULSFO is Max 0. Global 20 Ports Average Trend is a linear regression of Global 20 Ports Average price indications for LNG-MGO in the specified time period, quickly showing you the overall direction that the market is moving. Fuel Oil Futures. The main market to see a drop in rates on Thursday was the Mediterranean Aframax sector, where rates on the cross-Mediterranean route, basis 80,000 mt, fell 5 Worldscale points to. •Cargo bids or offers must be received by Platts by 15. But the rise isn't big enough to prove an insurmountable challenge to the industry as a whole, especially with crude prices looking unlikely to jump in the near term. Range: 2019-10-02 16:04:48 to 2020-02-15 07:55:12. Not a member? Click here to register for a free membership. Platts' news, pricing, analytics, commentary and conferences help customers make better-informed trading and business decisions and help. D6 is a type of residual fuel, mainly used in power plants and larger ships. 5% FOB Singapore Marine Fuel. Bunker fuel started to be used in the shipping industry increasingly in the 1950’s as it is the primary power source for the vessel engine. net dictionary. Platts is a provider of energy and commodities information and price assessment solutions to the physical energy markets. Oil price reporting agency Platts has said that a single standard for very low sulfur fuel oil (VLSFO) probably not be ready in time for the 0. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. SINGAPORE and LONDON, Aug. ABOUT PLATTS BUNKERWORLD. A daily global picture of the physical bunker fuels market, providing you with the latest marine fuel prices for all major ports along with insight in Platts Market Data - Dry Freight. 50 New York 516. To check bunker prices for all the ports in China click on China. Stocks of oil in north-western Europe increased by 15. As marine fuel prices become more volatile in the next year ahead of IMO 2020, effectively hedge your price risk with our full range of cash-settled marine fuel futures contracts available worldwide. Thanks for your interest in Bunkerworld, please complete this form and we will be in touch shortly. East Coast time, but within the context of the broader day. Market Specifications. New Smart Ticker. 5% cargo and barge assessments globally on January 2, 2019. Singapore Fuel Oil 380 cst (Platts) Futures Quotes Globex. In addition to swaps, it's also possible to hedge bunker fuel price risk with various other instruments such as call (caps) and put (floors. Also known as: MOPS. To learn how Platts stores and uses your data, Contact Sales. Bunker The vessels that operate along the Brazilian coast can rely on bunkering services and on our high-quality products, guaranteed delivery, excellence in services, and competitive pricing. Spot market commentary for the bunker sector, reported by Platts global network of correspondents and dedicated market reporters; The map of the day featuring a complete visual and written overview of comparative prices for key ports in a particular geographic region. 5% sulphur content in Singapore ahead of a sulphur cap by the International. Platts' President, Martin Fraenkel,. Platts assessed first-month ESPO Blend crude at a premium of $4. 10% Sulfur Fuel Oil for Compliance with 2015 ECA Regulations. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. 5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. The falling bunker prices also could affect freight rates in the dirty tanker market, although so far any impact has been muted, Platts’ shipping sources stressed. The alternative is to look at bunker. We're also delighted to host a panel discussion considering. Platts Analytics forecasts a bunker demand shift of about 3 million b/d next year. 0% Waterborne Fuel Oil) is $35. The Platts assessment process determines the value of physical commodities 15-30 days forward for many oil products loading in Singapore. The chart has 1 X axis displaying Time. 50% Marine Fuel Oil price. 00: 2020-01-06: 448. John-Laurent leads S&P Global Platts’ cross-commodity engagement efforts in Europe and Africa, based in London. At Platts Bunkerworld we are committed to understanding the unique needs and expectations of our customers. 5% sulfur bunker market. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Speakers: Patrick Burns, Senior Editor, Americas Residual Fuel, S&P Global Platts Emmanuel Gallegos, Editor, Americas Bunkers, S&P Global Platts. Settlement prices on instruments without open interest or volume are. 5% at port Shanghai in USD (US Dollars) per Metric tons (Mts). Platts was founded in 1909. The new Marine Fuel 0. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. Platts rotterdam price for D2 today D2 gasoil prices are usually platts average minus a discount of $10 -$20 today is in the range of $ 1000 per mt. East Coast time, but within the context of the broader day. 5% at port Rotterdam in USD (US Dollars) per Metric tons (Mts). A steep decline in demand is credited with the cause of the increase in stocks as the […]. Singapore 513. View the latest on our key price assessments across our commodity coverage. • Natural gas prices spiked to as high as $120/MMBtu (around $670/b) 3. As bunker prices account for 70% of the cost of operating a dry bulk vessel, any significant changes in fuel prices will have a knock-on effect on freight […]. Range: 250 to 450. D6 is its name in the USA. The new Marine Fuel 0. In addition to swaps, it's also possible to hedge bunker fuel price risk with various other instruments such as call (caps) and put (floors. Platts Analytics sees JKM LNG prices falling a further 20%, to average just below $4. 29, 2019 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced. 00 LA / Long Beach 619. Platts Bunker Prices Bunker Software: Increase bunker fuel buying accuracy while reducing operating costs. Morley, Senior Editor | Feb 06, 2018 3:26PM EST A rule requiring a new, cleaner bunker fuel in 2020 will likely boost ocean carrier fuel costs — and analysts say that behooves shippers to determine whether their carrier transport cost includes fuel or whether it could be an add-on. While particular emphasis will be placed on market activity occurring in that period, Platts' specifications permit the consideration of deals done at other parts of. Flexible delivery options mean you can choose to receive your data. For most refined products, MOPS is the benchmark price for the Asia market. 00: 2020-01-07: 435. At Platts Bunkerworld we are committed to understanding the unique needs and expectations of our customers. 80 cents/gal. The data is now freely available to access via the Platts Fujairah oil inventory storage data platform. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. 5% bunker prices for delivery to Tokyo Bay," a market source. But the rise isn't big enough to prove an insurmountable challenge to the industry as a whole, especially with crude prices looking unlikely to jump in the near term. Range: 200 to 450. A monthly cash settled future based on the Platts daily assessment price for 0. 5% bunker prices," he continued. Prices published in Platts publications Bunkerwire and Bunkerworld are widely used as the benchmark in the shipping and bunker industries. The new Marine Fuel 0. To learn how Platts stores and uses your data, Contact Sales. 5% bunker fuel price assessment on a delivered basis for 3-7 days forward from the date of publication. 1% with draw downs in the light and heavy distillate stocks, offsetting a build in middle distillate stocks. Matthew Eversman Associate Director - Crude, Fuel Oil, and Bunker Markets at S&P Global Platts Houston, Texas 500+ connections. Definition of platts in the Definitions. The chart has 1 X axis displaying Time. 00: M May 4: 238. Free 7-day trial. The cash-settled futures contracts allow you to hedge price risk in an increasingly volatile bunker market as markets grapple with changing dynamics relating to the new environmental regulations from 2020. Platts editors discuss the recent OW Bunker bankruptcy and the consequences for the global bunker market; focusing on price, competition, finance, losses and other ramifications. Asia is well placed to capitalize on the shift, despite the challenges of rising costs and oil prices, write JY Lim and Kang Wu of S&P Global Platts Analytics The refining industry is on the brink of a major shift in the demand structure of bunker fuels, and refiners are making plans to meet changing product demand brought about by the IMO 2020. Try free for 7 days. Following a review and formal proposal, Platts announced October 6, 2015, it will update the specifications reflected in its benchmark US Gulf Coast 3%S physical residual fuel oil assessment to reflect bunker grade RMG 380 3. The chart has 1 X axis displaying Time. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. More Asia/Pacific Prices. Date Price +/-Low - High; 2020-01-10---- 2020-01-08: 428. Platts JKM prices will likely. In Singapore, IFO 180 cSt and IFO 380 cSt graded fuel oil prices edged up $18. 00 London time. 50% Marine Fuel Oil price. Overview Bunker Fuel Crude Oil Refined Products Jet Fuel Get in Touch. The chart has 1 Y axis displaying US$/mt. Learn more about Bunkerworld. In spite of falling global bunker demand in the first three months of the year due to the major slowdown in world trade flows as a result of coronavirus, Q1 2020 bunker volumes at the Port of Rotterdam showed a quarter-on-quarter gain to reach 2. This technology allows them to run the cheapest of all bunker fuels - HSFO - while still meeting IMO regulations. Platts to start LNG bunker price assessments The leading pricing agency will roll the new assessments at the world's two leading bunkering ports, Singapore and Rotterdam. Price Assessments & Indices - Platts benchmark price assessments are widely used throughout the energy and metals supply chain. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. 28 London time there may be no further price adjustments •16. 6/b against Platts Dubai on Feb 6, marking the lowest price differential since $4. Line chart with 3 lines. 50 Rotterdam 472. Platts steel & raw material prices are published for a wide range of products in the major world markets. LA / Long Beach. S&P Global Platts. 0% Waterborne Fuel Oil) is $35. Trading activity remained muted in the North Asian bunker fuel market on Tuesday, putting a cap on prices. Sources said that tight fuel oil and bunker supplies helped support prices. 14, 2015 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell for the first time in five months in July, following the decline in the energy complex, according to the just-released monthly Platts Global Petrochemical Index (PGPI). S&P Global Platts today announced that it will launch price assessments for LNG bunkering on September 2, 2019. 5/b on July 19, 2019. 5 Central Babak Africa blv. Platts Bunkerworld is a specialist online and print publication with an unrivalled understanding and coverage of the marine fuels market. Platts Bunker Prices Bunker Software: Increase bunker fuel buying accuracy while reducing operating costs. Ship owners, refiners, suppliers and fuel managers need reliable price transparency found in the OPIS Global Marine Fuels Report to make cost-effective decisions regarding their fuel slate and the possible outcome of changes they need to make. Unit of Trading. Try free for 7 days. Bunkerworld Interview. To check bunker prices for all the ports in China click on China. The assessment will reflect deliveries for 250 to. Meaning of platts. BunkerEx has investigated where existing 3. Topics will include:. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. It is not possible to use it in smaller engines or vessels/vehicles where it is not possible to pre-heat it. The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. Preparing for IMO 2020 was a huge challenge for all stakeholders in the global bunker industry. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. IMO 2020 is here. The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. A monthly cash settled future based on the Platts daily assessment price for 0. Platts assessed HSFO delivered bunker prices at $347 per tonne for trades done yesterday in Singapore and $282 per tonne in Rotterdam. The falling bunker prices also could affect freight rates in the dirty tanker market, although so far any impact has been muted, Platts’ shipping sources stressed. 1% Fuel Oil Barges FOB Rdam (Platts) vs. US bunker prices averaged $48. Price assessments and data insight - Platts will provide IBIA with complementary access to its bunker data and insights including Bunkerwire and its full suite of 0. What areas might have to import product to blend, leading to higher prices. 0% Waterborne Fuel Oil) is $35. Power Markets Reporter Platts. In other parts of the world it has other names. 79/mt) to $35. Stocks fell by 491,000 barrels week on week. The traded premium will therefore be debited by the Clearing House from the Buyer and credited to the Seller on the morning of the Business Day following the day of trade. S&P Global Platts. Range: 2019-10-02 16:04:48 to 2020-02-15 07:55:12. 00: 2020-01-07: 435. S&P Global Platts and Argus Media are recognized as the two most significant price reporting agencies for the oil market. 0% Sulfur Bunkers ULSFO is Max 0. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. The Fuel Oil 380 CST Singapore (Platts) Average Price Option is a premium-paid-upfront option. LA / Long Beach. Leading editors from our respected S&P Global Platts bunker fuel team will be joined by Unni Einemo, Director of IBIA (international Bunker Industry Association), to discuss the impact of IMO 2020 on fuel oil prices, middle distillate outlooks and forward curves and suggestions on new ISO specifications for 0. The future cost of 3. Your ONE-STOP Website for Your Bunker Business. More Americas Prices. Download PDF. Unit 10, No. Platts bunker editor, Surabhi Sahu, weighs up the options and the implications for the shipping industry, the market and refiners as the 2020 deadline approaches. 473 million tonnes. The new Marine Fuel 0. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. Platts proposes to publish a Marine Fuel 0. The new Marine Fuel 0. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3. 5% Fuel Oil FOB Rotterdam) bunker price risk, you could do so for $226. See prices. S&P Global Platts is exclusively publishing weekly oil inventory data for the Fujairah Oil Industry Zone, including an aggregate breakdown of heavy distillates and residues, middle distillates, and light distillates. End of interactive chart. What does platts mean? Information and translations of platts in the most comprehensive dictionary definitions resource on the web. As bunker prices account for 70% of the cost of operating a dry bulk vessel, any significant changes in fuel prices will have a knock-on effect on freight […]. Earliest deliveries from May 8th. Platts bunker editor, Surabhi Sahu, weighs up the options and the implications for the shipping industry, the market and refiners as the 2020 deadline approaches. The event will discuss the IMO sulphur cap that has been in place for just over two months. While particular emphasis will be placed on market activity occurring in that period, Platts' specifications permit the consideration of deals done at other parts of. These bunker prices are what ship-owers pay for 1 MT of "MDO" or "MGO" - Marine Diesel Oil/ Marine Gas Oil. NWE stands for "North Western Europe" or what used. Auto Refresh Is. The BWI is a weighted daily index made up of 20 key bunkering ports. Platts Methodology and Perspectives on Bunker Fuel Markets. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Americas Average. New Smart Ticker. 8% in a week, according to reports from Platts' Bunkerworld in the seven days to 15 April the Amsterdam-Rotterdam-Antwerp range of ports saw fuel reserves rise to 1. Price Assessments & Indices - Platts benchmark price assessments are widely used throughout the energy and metals supply chain. Covered several oil markets (US crudes, bunker fuels, Atlantic Coast gasolines and distillates, US futures); assessed spot prices; wrote daily commentary and analysis. 5% Sulfur Bunkers (RME, RMF, RMG, RMH, RMK) LS380 & LS180 are Max 1. Was the impact on the European bunkering industry as big. Global Average Bunker Price. Bunker fuel started to be used in the shipping industry increasingly in the 1950’s as it is the primary power source for the vessel engine. The difference between scrubber and non-scrubber TCE indexes will mostly depend on the difference between VLSFO and 3. Bunker fuel. The new Marine Fuel 0. Platts proposes to publish a Marine Fuel 0. The chart has 1 X axis displaying Time. John-Laurent joined Platts in 2010 and has also reported on refined oil products, electric power and natural gas. S&P Global Platts on Wednesday reported the first physical cargo trade for low-sulphur fuel oil (LSFO) with a maximum 0. The Singapore assessments will be published daily in both $/MMBtu and $/mt, while the Rotterdam assessments will be published in Eur/MWh and $/mt. The BWI is a weighted daily index made up of 20 key bunkering ports. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion. Just register and you can receive free reports and alerts in no time. 5 respectively while MGO and MGOLS futures oil prices inched. Morley, Senior Editor | Feb 06, 2018 3:26PM EST A rule requiring a new, cleaner bunker fuel in 2020 will likely boost ocean carrier fuel costs — and analysts say that behooves shippers to determine whether their carrier transport cost includes fuel or whether it could be an add-on. Following a review and formal proposal, Platts announced October 6, 2015, it will update the specifications reflected in its benchmark US Gulf Coast 3%S physical residual fuel oil assessment to reflect bunker grade RMG 380 3. In the shipping world we hear the bunker term a lot as it is one of the main costs that the carriers incur. 29, 2019 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced. The API streams real-time prices, historical and reference data directly from Platts and integrates them into your proprietary systems. The contract prices for the fourth-quarter and the first-quarter of next year are flat to a premium of $5/mt to Platts Marine Fuel 0. ClearLynx Pricing & Analytics gives subscribers access to real-time pricing in 100+ ports around the world, representing more than 90% of bunker demand for all key grades, including WTI/Brent crude oils and low sulphur fuel oil. D6 is its name in the USA. The new Marine Fuel 0. Real time pricing in multiple ports of all grades of fuel and crude oils with up to date commentary on supply availability. Platts is a leading global provider of energy, petrochemicals and metals information, and the world's foremost source of price assessments in the physical en. S&P Global Platts will launch new low-sulphur marine gasoil and diesel oil prices at several bunkering ports in Asia from June, it said in a note to subscribers on Tuesday. End of interactive chart. 1% sulfur content in the port of Rotterdam and the price of Dated Brent, the world's benchmark crude. A steep decline in demand is credited with the cause of the increase in stocks as the […]. 6/b against Platts Dubai on Feb 6, marking the lowest price differential since $4. Andy Bose, general manager for petroleum at Platts, said: "Bunker fuel is a key link in this chain accounting for 70% of operational costs of waterborne commodity movement. Thanks for your interest in Bunkerworld, please complete this form and we will be in touch shortly. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. 00 LA / Long Beach 619. With no sign of a rebound in crude oil, bunker fuel prices in Asia could fall another $1-$2 a metric ton in the coming days, traders said. Platts Analytics forecasts a bunker demand shift of about 3 million b/d next year. The new Marine Fuel 0. In the shipping world we hear the bunker term a lot as it is one of the main costs that the carriers incur. Bunker fuel started to be used in the shipping industry increasingly in the 1950’s as it is the primary power source for the vessel engine. SINGAPORE and LONDON, Aug. The main market to see a drop in rates on Thursday was the Mediterranean Aframax sector, where rates on the cross-Mediterranean route, basis 80,000 mt, fell 5 Worldscale points to. 1% with draw downs in the light and heavy distillate stocks, offsetting a build in middle distillate stocks. 5% FOB Singapore Marine Fuel. 00 LA / Long Beach 619. The Platts assessment process determines the value of physical commodities 15-30 days forward for many oil products loading in Singapore. In the first post in this series, Bunker Fuel Hedging & Price Risk Management - Swaps, we examined how companies in the maritime and shipping industries can hedge their exposure to volatile bunker fuel prices with a strategy known as a fixed price swap. 5%S spot USGC bunkers since Platts began assessing them last year. As of Monday, November 11 total oil product stocks in Fujairah stood at 22. SABIC sees price, margin squeeze in 2020, swings to loss in Q4. To check bunker prices for all the ports in UAE click on UAE. Singapore Fuel Oil 380 cst (Platts) Futures Quotes Globex. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion. The contract prices for the fourth-quarter and the first-quarter of next year are flat to a premium of $5/mt to Platts Marine Fuel 0. After the deadlines only prices may be adjusted by a maximum of $1/mt per minute •From 16. MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price. Meaning of platts. SINGAPORE and LONDON, Aug. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. Platts Oil helps to develop, connect & explain the market price of crude oil and oil products. Platts Analytics sees JKM LNG prices falling a further 20%, to average just below $4. The bunker price page for port Mumbai in India displays latest bunker price at Mumbai. Earliest deliveries from May 8th. Customers in over 190. Auto Refresh Is. Price Assessments & Indices - Platts benchmark price assessments are widely used throughout the energy and metals supply chain. 50% Marine Fuel Oil price. In spite of falling global bunker demand in the first three months of the year due to the major slowdown in world trade flows as a result of coronavirus, Q1 2020 bunker volumes at the Port of Rotterdam showed a quarter-on-quarter gain to reach 2. Discover how you can access our oil prices, news & analysis. With no sign of a rebound in crude oil, bunker fuel prices in Asia could fall another $1-$2 a metric ton in the coming days, traders said. Similarly, the current market price for a September US Gulf Coast bunker fuel swap (Platts Gulf Coast No. • Bunker fuel prices expected to rise by 50% (2017 as base year) • Meeting 2020 goal would cost an estimated $1 trillion • Fuel price increases would be passed on • Likely to have inflationary pressures 8 Source: Platts Analytics. Marine Fuel 0. Trading Screen Product Name. All Platts & TSI steel prices in one convenient location View our range of daily and weekly steel and raw materials news reports. 5%S price fell $40 to $435/mt delivered — its. Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion. Trading activity remained muted in the North Asian bunker fuel market on Tuesday, putting a cap on prices. Marine Fuel 0. Fundamental steel market data is available to analyze on an interactive online tool. 5% cargo and barge assessments globally on January 2, 2019. 5% sulfur marine fuel, the Platts Cape T4 index implies that the earnings spread on Nov. 弊社は弊社ウェブサイトにおけるお客様の経験を改善し、Platts製品とサービスのための広告および. Range: 200 to 450. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. More Americas Prices. Higher bunker fuel prices driving up fuel surcharges Hugh R. whether it is crude or white product. Platts rotterdam price for D2 today D2 gasoil prices are usually platts average minus a discount of $10 -$20 today is in the range of $ 1000 per mt. IFO380 & IFO180 are Max 3. Fill out the form so we can contact you to the right person. Not a member? Click here to register for a free membership. We provide spot and forward price assessments for Oil, Natural Gas, Electric Power, Coal, Petrochemicals, Metals, and Agriculture markets, publishing over 12,000 prices daily. 50 Rotterdam 472. As of early July, 12 or 13 VLCCs were used as floating storage for. 5% from January 1, from 3. Not a member? Click here to register for a free membership. The fuel requires to be preheated before it can be used. Fill out the form so we can contact you to the right person. Line chart with 3 lines. 79/mt) to $35. What does platts mean? Information and translations of platts in the most comprehensive dictionary definitions resource on the web. Morley, Senior Editor | Feb 06, 2018 3:26PM EST A rule requiring a new, cleaner bunker fuel in 2020 will likely boost ocean carrier fuel costs — and analysts say that behooves shippers to determine whether their carrier transport cost includes fuel or whether it could be an add-on. Global 20 Ports Average Trend is a linear regression of Global 20 Ports Average price indications for LNG-MGO in the specified time period, quickly showing you the overall direction that the market is moving. 5 Central Babak Africa blv. The bunker price page for port Fujairah in UAE displays latest bunker price at Fujairah. The bunker price page for port Mumbai in India displays latest bunker price at Mumbai. US$/mt IFO 380 Port Trend Comparison Fujairah Rotterdam Singapore 13. The difference between scrubber and non-scrubber TCE indexes will mostly depend on the difference between VLSFO and 3. 50 New York 516. D6 is a type of residual fuel, mainly used in power plants and larger ships. The Platts assessment process determines the value of physical commodities 15-30 days forward for many oil products loading in Singapore. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. See prices. S&P Global Platts will continue publishing high-sulfur bunker fuel assessments at locations where they currently exist. 28 London time there may be no further price adjustments •16. John-Laurent previously led the Americas crude oil and Americas residual fuel oil and bunker fuel teams from Houston. annual Bunker and Residual Fuel Oil Conference. 5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Get ahead of the International Maritime Organization's 2020 marine fuel regulation with NYMEX Marine Fuel 0. The new Marine Fuel 0. They will reflect the value of LNG for use as a marine bunker fuel on a delivered basis in Singapore and Rotterdam. Petrochemical prices, expressed as a monthly average, fell $91 per metric ton (/mt) from June to $1,013/mt in July. Gain insight and track bunker marine fuel prices in an IMO 2020 world. Platts assessed first-month ESPO Blend crude at a premium of $4. What was Platts price for D2 today Platts NWE Fuel Oil is the price of the. 5% sulfur bunker market. Global Average Bunker Price. Fuel Oil Futures. 37 million cubic metres (cbm) - the highest quarterly total since Q1 2018. Overview Bunker Fuel Crude Oil Refined Products Jet Fuel Get in Touch. 50/MMBTU in 2020, as new LNG supply pushes prices toward coal parity in Europe. 5% higher on average than high sulfur fuel oil prices in the same period a year earlier. 5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Earliest deliveries from May 8th. As we know, 50% - 60% of voyage related expenses are locked in bunker costs. not necessarily an indication of what we are going to see next year. 5% sulfur bunker market. If you have yet registered to attend 2018 Maritime Week Americas Conference, please do so by registering here. IFO380 IFO180 MGO MDO LS380 LS180 LSFO380 LSFO180 LSMGO LNG-380e LNG-MGOe ULSFO ULSD RMK700 500cSt VLSFO. With no sign of a rebound in crude oil, bunker fuel prices in Asia could fall another $1-$2 a metric ton in the coming days, traders said. Singapore Fuel Oil 380 cst (Platts) Futures Quotes Globex. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. The Fuel Oil 380 CST Singapore (Platts) Average Price Option is a premium-paid-upfront option. Singapore 513. At Rotterdam in October and November 2019, delivered 0. Discover how you can access our oil prices, news & analysis. The new Marine Fuel 0. Platts rotterdam price for D2 today D2 gasoil prices are usually platts average minus a discount of $10 -$20 today is in the range of $ 1000 per mt. The chart has 1 X axis displaying Time. 00 Hong Kong 536. Mean of Platts Singapore. 1% Fuel Oil Barges FOB Rdam (Platts) vs. The bunker price page for port Mumbai in India displays latest bunker price at Mumbai. S&P Global Platts will launch new low-sulphur marine gasoil and diesel oil prices at several bunkering ports in Asia from June, it said in a note to subscribers on Tuesday. 80 cents/gal. 5% higher on average than high sulfur fuel oil prices in the same period a year earlier. Managing bunker price. Spot market commentary for the bunker sector, reported by Platts global network of correspondents and dedicated market reporters; The map of the day featuring a complete visual and written overview of comparative prices for key ports in a particular geographic region. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. These bunker prices are what ship-owers pay for 1 MT of "MDO" or "MGO" - Marine Diesel Oil/ Marine Gas Oil. Unit of Trading. Platts proposes to publish a Marine Fuel 0. Bunker Prices Daily Indicative Bunker Prices in USD/MT Worldwide Exchange Rates Daily Updated Currency Exchange Rates Demolition Market Weekly Indicative Scrap Price Levels Worldwide Go Shipping News Our latest news & announcements Go Shipping & Management Inc. Gibraltar As per local Gib time(09:01 AM), Three Peninsula vessels awaiting entry at western anchorage due to bunker barge not ready, two Peninsula and two other vessels awaiting entry at western anchorage due to no space available for vessel, two vessels awaiting entry at western anchorage for suitable space for underwater ops, two vessels awaiting entry at western anchorage due to STS operation. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts. 50 /MMBTU in 2020, as new LNG supply pushes prices toward coal parity in Europe. A total of 11. Bunker fuel is a primary type of fuel oil used aboard ships. 00: 2020-01-06: 448. HOUSTON, Aug. Spot new opportunities and develop a more informed forward plan with access to over 100 independent dry freight rates for the world's most traded comm. The new Marine Fuel 0. The new Marine Fuel 0. Falling bunker fuel prices are putting downward pressure on freight rates for dry bulk and tanker vessels operating in Northwest Europe, Platts quoted market sources as saying. The falling bunker prices also could affect freight rates in the dirty tanker market, although so far any impact has been muted, Platts’ shipping sources stressed. Auto Refresh Is. The bunker price page for port Mumbai in India displays latest bunker price at Mumbai. Bunker The vessels that operate along the Brazilian coast can rely on bunkering services and on our high-quality products, guaranteed delivery, excellence in services, and competitive pricing. Thanks for your interest in Bunkerworld, please complete this form and we will be in touch shortly. 00 Fujairah 513. The data is now freely available to access via the Platts Fujairah oil inventory storage data platform. January 29, 2020. D6 is its name in the USA. Access Platts News and Prices AspectDSC Provides Live & Historical Platts Market Data Platts, a division of S&P Global, is the world’s largest and most trusted provider of energy information and marketing services for the oil, electricity, natural gas, petrochemical, coal, nuclear power, shipping, metals and bandwidth industries. What is the current NWE platts d2 price? Wiki User 2013-05-13 17:38:33. Fuel Oil Outright - USGC HSFO (Platts) Average Price Options 56017372. Contact us to find out more, take a free trial or simply speak to us about your bunkering needs. Also known as fuel oil, this material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. About Platts: Founded in 1909, Platts is a leading global provider of energy, petrochemicals, metals and agriculture information and a premier source of benchmark prices for the physical and futures markets. Latest LA / Long Beach bunker prices, analysis, trends, and history. The new Marine Fuel 0. Line chart with 3 lines. The event will discuss the IMO sulphur cap that has been in place for just over two months. As we know, 50% - 60% of voyage related expenses are locked in bunker costs. To learn how Platts stores and uses your data, Contact Sales. Platts Bunkerworld 2 About S&P Global Platts At S&P Global Platts, we provide the market insights so you can make better informed trading and business decisions. Platts recently attended the TPM 2018 conference in Long Beach, California and spoke to concerned industry players about life after the TSA. OUR PROMISE. Discover how you can access our oil prices, news & analysis. net dictionary. These bunker prices are what ship-owers pay for 1 MT of "MDO" or "MGO" - Marine Diesel Oil/ Marine Gas Oil. annual Bunker and Residual Fuel Oil Conference. Real time pricing in multiple ports of all grades of fuel and crude oils with up to date commentary on supply availability. Also known as fuel oil, this material can be broken down into different categories based on its chemical composition, intended purpose, and boiling temperature. Since 1909, Platts has provided information and insights that help clients make sound trading and business decisions, and enable the markets to perform with transparency and efficiency. At Rotterdam in October and November 2019, delivered 0. 5% bunker fuel price assessment on a delivered basis for 3-7 days forward from the date of publication. • The impact to bunker prices with mass flow metering • Are customers happier? • Has demand grown or shrunk? Platts European Bunker fuel offers you an excellent : European Bunker Fuel Conference: The road to 2020 - emissions impossible? May 17-18, 2017. Line chart with 3 lines. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0. At Platts Bunkerworld we are committed to understanding the unique needs and expectations of our customers. Learn more about Bunkerworld. Ship diversions could benefit South Korean bunker suppliers. Thanks for your interest in Bunkerworld, please complete this form and we will be in touch shortly. 8% in a week, according to reports from Platts' Bunkerworld in the seven days to 15 April the Amsterdam-Rotterdam-Antwerp range of ports saw fuel reserves rise to 1. 5/b on July 19, 2019. More EMEA Prices. Spot new opportunities and develop a more informed forward plan with access to over 100 independent dry freight rates for the world's most traded comm. It is not possible to use it in smaller engines or vessels/vehicles where it is not possible to pre-heat it. S&P Global Platts today announced that it will launch price assessments for LNG bunkering on September 2, 2019. 19 cents/gal ($3. 00 Houston 493. 5% FOB Singapore (Platts) Future 71085671. US$/mt IFO 380 Port Trend Comparison Fujairah Rotterdam Singapore 13. annual Bunker and Residual Fuel Oil Conference. Covered several oil markets (US crudes, bunker fuels, Atlantic Coast gasolines and distillates, US futures); assessed spot prices; wrote daily commentary and analysis. End of interactive chart. Busan Public Holiday- Orininal(Childrens Day). The acquisition of. Mean of Platts Singapore - Wikipedia. Whatever your position in the supply chain, the combination of business intelligence you use is also crucial. Asia is well placed to capitalize on the shift, despite the challenges of rising costs and oil prices, write JY Lim and Kang Wu of S&P Global Platts Analytics The refining industry is on the brink of a major shift in the demand structure of bunker fuels, and refiners are making plans to meet changing product demand brought about by the IMO 2020. Bathurst will be a speaker at the event. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. NWE stands for "North Western Europe" or what used. Mazut may be used for heating houses in the former USSR and in countries of the Far East that do not have the facilities to blend or break it down into more conventional petro-chemicals.