Friday, May 18, 2012

Facebook IPO Brings Bunker Prices Down!

Ok, that would be a very difficult, but a “provable” hypothesis, as the fact is bunker prices are down and we did have the much anticipated Facebook IPO this week....

May 18, 2012
Total Views: 1

Tuesday, May 15, 2012
singapore bunkering

Is Your Bunker Fuel Guaranteed Iranian-Free?

SINGAPORE (Dow Jones)–Western sanctions against Iran are becoming a major headache for European and other shipping companies whose vessels refuel in Singapore, as they face penalties if they use fuel...

May 15, 2012
Total Views: 0

Friday, May 11, 2012

1,000 MT on the KPI Bridge Oil Composite Would Cost You $22,000 Less This Week!

The KPI Bridge Oil Composite declined over 3% this week as bunker prices reduced dramatically after several days of declines in the crude markets.  With US Oil inventories at 22...

May 11, 2012
Total Views: 0

Friday, May 4, 2012

Could Oil Supply and Demand be Returning? WTI Under $100 BBL!

It was a wild ride in the oil markets this week as crude prices fell off of a cliff today and WTI is now lower than $100 BBL.  While the...

May 4, 2012
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Sunday, April 29, 2012

Oil Prices Stabilize, Uncertainty Remains

Bunker and crude prices stabilized this week as better than expected earnings and moderately improving government data had speculators holding their ground.  News that the French socialist presidential candidate, Mr....

April 29, 2012
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Friday, April 20, 2012
kpi bridge oil composite bunker prices

Brent, WTI convergence? What will happen?

13-19 April 2012 Another roller-coaster ride this week in the oil markets as volatility remains the only constant.  A positive meeting over this past weekend between Iran, the United States,...

April 20, 2012
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Friday, March 30, 2012
kpi bridge oil composite

Bunker Prices Show Decline, Let’s Hope the Trend Continues [REPORT]

23 March -29 March 2012 We had a very strange and difficult week in the oil markets this week, but ship owners and charterers will be glad to see a...

March 30, 2012
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Tuesday, February 28, 2012
Hyundai Merchant Marine masan

Hyundai Merchant Marine Expresses Concern with Soaring Bunker Fuel Prices

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s second-largest shipping firm by sales, expects the U.S. dollar to weaken against the Korean won toward the end of the year...

February 28, 2012
Total Views: 0

Thursday, February 23, 2012
Hanjin London 5300-TEU-Class

Hanjin Shipping To Maintain Oil Hedging Ratio At 30% Due to Fuel Price Volatility

SEOUL (Dow Jones)–Hanjin Shipping Co. (117930.SE) will maintain a oil hedging ratio of 30% of bunker fuel purchases this year in order to be less vulnerable to fluctuations in fuel...

February 23, 2012
Total Views: 1

Thursday, August 4, 2011
nyk line

$680,000 per day in ship’s fuel costs… ouch. ***UPDATE***

Correction to this article…  Ship brokers MJLF & Associates pointed out to us this morning that VLCCs burn ~100MT of fuel per day, which results in a daily fuel cost of...

August 4, 2011
Total Views: 119

Tuesday, July 26, 2011

Expensive Bunkers Hurting Shipowners – Poten & Partners

Rising bunker prices have significantly eroded shipowners’ earnings this year, “particularly owners with considerable spot market exposure,” Poten & Partners says in a note. “There is very little revenue left...

July 26, 2011
Total Views: 2

Sunday, July 17, 2011

Maritime Monday; week ending July 17, 2011

Amazing Stories was an American science fiction magazine launched in April 1926 by Hugo Gernsback‘s Experimenter Publishing. It was the first magazine devoted solely to science fiction, and helped define...

July 17, 2011
Total Views: 67