bunker index singapore

Hear about the latest developments in bunkering in Singapore and the rest of the world; Understand how bunker barges and tankers operate; At the Port of Singapore the marine fuel market has registered a 2% dip in year-on-year sales to 3.93 million metric tones (mt), while volumes for the year to date are ahead of 2019 figures. We are capable of providing bunker deliveries in the South China Sea, the Indian and Pacific Oceans through multiple supply points (both in-port and out-port limit) and proficient blending capabilities. BUNKER B PTE. Correlation between the Market Bunker Price Index (MBP) vs MABUX Digital Bunker Price Index (DBP) in four major hubs on Dec.21 showed undercharging of 380 HSFO bunker grades in Singapore (-6 USD) and Rotterdam (-20 USD) and overcharging in other selected ports. As the largest bunkering port in the world, MPA intends to position Singapore as a world leader in providing access to clean marine fuels such as LNG. Captain Daknash Ganasen, Senior Director (Operations & Marine Services), MPA, provides direction on what should players do when providing bunker fuel to a COVID-19 infected ship, and more. **MFO 380 CST sales maintain momentum to hit 995,000 mt **Nov LSFO sales rise 4.5% from Oct We offer bunker fuel and lubricants to cater for the specific needs of our various customers. Problems listed very much mirrored requests from ship owners, managers and operators seeking assistance to handle the situation using Aderco’s products. in Ports Piraeus, Istanbul, Fujairah, Singapore, Rotterdam, Houston, Santos. A detailed explanation of Argus Bunker Indexes can be viewed here. The Company principal activity is in OPERATORS OF BARGES, TUGBOATS AND … prices@manifoldtimes.com, Email us for our advertisement package: Learn more – How Shipowners are losing money by choosing the wrong bunker port Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. The 380 HSFO index rose from 330.49 USD/MT to 338.99 USD/ MT (+8.50 USD), VLSFO gained 13.00 USD: from 406.00 USD/MT to 419.00 USD/MT while MGO added 14.37 … Fuel oil futures prices for 380 cSt and MGO traded down in Singapore market. Bunker Prices of IFO380, IFO180, MDO, MGO-0.1%, L.S. Fuel oil futures prices rose in Singapore market. /web/contenthandler/!ut/p/digest!F92fJnRVwFWybKNnoClQLQ/pm/oid:--portletwindowid--@oid:Z6_O8L2IA02KOC2D0AAA7MRCG0D06, /web/contenthandler/!ut/p/digest!F92fJnRVwFWybKNnoClQLQ/um/secure/currentuser/profile?expandRefs=true, © 2020 Maritime and Port Authority of Singapore, Global Meeting Place – maritime events, conferences & exhibitions, Global Forum - Port Authorities Roundtable, Setting Up Your Maritime Business in Singapore, Programmes to Support Your Maritime Business, Maritime Innovation and Technology (MINT) Fund, Preparing Tankers for Gas Free Inspection, Applying for Anchorage Space to Conduct Hot-Work Repair, Applying for Berthing of Vessels with Bulk Liquid Cargo, Using Dispersants in Singapore Port Waters, Declaring Bulk Hazardous and Noxious Substances, Recognised Training Providers for IMDG Code, Foreshore and Marine Development Projects (COMET), Charts, Tidal Info, AtoNs and Hydrography, Voluntary Pilotage Services in the Straits of Malacca and Singapore, Approved Dockmaster Scheme for Oil and Storage Terminals, International Ship and Port Facility Security (ISPS) Code, Security Circulars / Notices / Advisories / Bulletins, Guidelines for Vessels on the Lowering or Launching of Lifeboat at the Anchorages, FAQs to Implementation of SOLAS Regulations VI/2 on Verified Gross Mass of Containers, Global Maritime Distress and Safety System, Emergency Position-Indicating Radio Beacon, Applying or Renewing the Port Limit Manning Licence, Additional requirements to carry more than 12 persons, Launching / Laying Up / Breaking Up of Vessel, Singapore Mariners' Club at Maritime House, Fees Payable by the Owner Agent or Master of a Harbour Craft, Fees Payable by the Owner Agent or Master of a Pleasure Craft, Fees Payable by Bunker Craft Operator / Supplier, Charges for Training Courses/Examinations, Attorney-General Chambers’ Singapore Statutes Online website, Maritime and Port Authority of Singapore Act, Merchant Shipping (Maritime Labour Convention) Act 2014, Merchant Shipping (Civil Liability and Compensation for Oil Pollution) Act, Merchant Shipping (Civil Liability and Compensation for Bunker Oil Pollution) Act, Merchant Shipping (Wreck Removal) Act 2017, International Safety Management (ISM) Code, International Ship and Port Facility Security Code, Manning Requirements while Operating Your Ship, Attorney-General Chambers’ Public Website, Merchant Shipping (Civil Liability and Compensation for Bunker Oil Pollution) Act 2008, Advanced Maritime Leaders Programme (AMLP), Singapore – IMO Third Country Training Programme (TCTP), Harbour Craft Licence and Dues Calculator, Annual Port Dues Scheme for Visiting Yacht, Pleasure Craft Licence and Dues Calculator, Oil Spill Response and Anti-Pollution Services, Promoting Responsible Environmental Practices. Related: SGX to launch low sulphur fuel oil derivative contracts on 18 November 2019 Bulugo explained that it can now offer buyers external unsecured finance of up to USD20m under an exclusive agreement with Whitehall Finance. Its offers the marine industry another tool to hedge their risk associated with the future price of bunkers in Singapore. Problem fuels do exist and can result in difficulties, but without adequate precautions even an on specification VLSFO has the potential to cause damage, it advises. To check bunker prices for all the ports in Singapore click on Singapore. editor@manifoldtimes.com, For enquiries on oil & bunker prices indication: The BW380 Index is a daily average dollar value index of 380 centistoke (cst) bunker fuel from the same 20 key bunkering ports used to calculate the BWI (Bunkerworld Index). Javascript is disabled in this browser. MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO in the main world hubs) rose slightly on Dec.18: 380 HSFO - USD/MT - 341.46 (+0.67) VLSFO - USD ... BUNKER SALES HOLD FIRM AT THE PORT OF SINGAPORE. However, Singapore bunker sales remain stable to slightly higher throughout 2020, despite forecasts of a 7-17% decline in bunker fuel demand. Follow Us On Our Preferred Social Media Platform: SGX Argus LSFO 0.5%S Singapore Bunker Index Futures now available for trading. Singapore Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts The Company current operating status is live with registered address at ZERVEX. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt Platts Bunkerworld . Singapore is simply the epicenter of the bunkering world. ]: Subscribe for a year or order a 1-month trial. The table shows bunker price for FO380cst (Fuel Oil with viscosity 380cst, also known as Intermediate Fuel Oil) with maximum sulphur 3.5% at port Singapore in USD (US Dollars) per Metric tons (Mts). Meanwhile, Singapore’s commercial onshore residue stocks fell 10% week on week to 23.505 million barrels, or 3.7 million mt July 22, data from Enterprise Singapore showed. The newly launched Code of Best Practices – Commodity Financing guidelines will be the new ‘reference point’ taken by banks when considering to give trade finance to trading houses, believes Ian Teo. Ifo 380: VLSFO 0.5: MGO 0.1: World [ offer buyers external unsecured finance up! Can now offer buyers external unsecured finance of up to USD20m under an exclusive agreement with finance... Bulugo explained that it can now offer buyers external unsecured finance of up USD20m! For many commodities including bunker fuel have been affected globally by the.... 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