SPECIAL OFFER • LIMITED TIME

Ruzave Alliance

Get real-time shipping updates, verified business visibility, and growth tools for your Alliance Group — First Come, First Serve.

Ruzave Alliance
Verified Network
📈 Business Growth/Chat
🌍 Global Community
Trusted by shipping professionals • Download the app now

Bunker Market Update: Singapore Faces Tight VLSFO Supply, China Shows Signs of Improvement

Bunker Market Update: Singapore Faces Tight VLSFO Supply, China Shows Signs of Improvement
blog image
Maritime

Bunker Market Update: Singapore Faces Tight VLSFO Supply, China Shows Signs of Improvement

The bunker market is experiencing fluctuations in supply and demand across key ports. In Singapore, the demand has been sluggish, particularly for VLSFO, with lead times ranging from 6-14 days. However, HSFO availability has improved with reduced lead times. Meanwhile


, LSMGO supply remains steady. In China, VLSFO availability has improved in Zhoushan, but high premiums affect demand. Chinese ports generally have good LSMGO and HSFO supply. South Korean ports have improved availability, and Japan's Tokyo sees lead times of 7-10 days. Adverse weather conditions and tropical cyclone warnings in Australia, the Philippines, and New Zealand may impact bunkering operations. In South Asia, Kandla has good VLSFO and LSMGO supply, while several Indian ports face tight availability. In the Middle East, Fujairah experiences tight prompt availability for all grades, while Khor Fakkan offers deliveries by mid-December at the earliest.






SOURCE:GOOGLE


























13 Dec 23
blog image
Maritime

Bunker Market Update: Singapore Faces Tight VLSFO Supply, China Shows Signs of Improvement

The bunker market is experiencing fluctuations in supply and demand across key ports. In Singapore, the demand has been sluggish, particularly for VLSFO, with lead times ranging from 6-14 days. However, HSFO availability has improved with reduced lead times. Meanwhile


, LSMGO supply remains steady. In China, VLSFO availability has improved in Zhoushan, but high premiums affect demand. Chinese ports generally have good LSMGO and HSFO supply. South Korean ports have improved availability, and Japan's Tokyo sees lead times of 7-10 days. Adverse weather conditions and tropical cyclone warnings in Australia, the Philippines, and New Zealand may impact bunkering operations. In South Asia, Kandla has good VLSFO and LSMGO supply, while several Indian ports face tight availability. In the Middle East, Fujairah experiences tight prompt availability for all grades, while Khor Fakkan offers deliveries by mid-December at the earliest.






SOURCE:GOOGLE


























13 Dec 23
blog image
Maritime

Bunker Market Update: Singapore Faces Tight VLSFO Supply, China Shows Signs of Improvement

The bunker market is experiencing fluctuations in supply and demand across key ports. In Singapore, the demand has been sluggish, particularly for VLSFO, with lead times ranging from 6-14 days. However, HSFO availability has improved with reduced lead times. Meanwhile


, LSMGO supply remains steady. In China, VLSFO availability has improved in Zhoushan, but high premiums affect demand. Chinese ports generally have good LSMGO and HSFO supply. South Korean ports have improved availability, and Japan's Tokyo sees lead times of 7-10 days. Adverse weather conditions and tropical cyclone warnings in Australia, the Philippines, and New Zealand may impact bunkering operations. In South Asia, Kandla has good VLSFO and LSMGO supply, while several Indian ports face tight availability. In the Middle East, Fujairah experiences tight prompt availability for all grades, while Khor Fakkan offers deliveries by mid-December at the earliest.






SOURCE:GOOGLE


























13 Dec 23