RECENT NEWS
ENGINE reports East of Suez Fuel Availability Outlook
Singapore’s bunker market continues to face supply tightness despite “below average demand,” with recommended lead times for VLSFO now around 10-15 days, down from 13-17 days a week earlier. Most suppliers are maintaining low stock levels, while delays in cargo...
Baltic dry index down consecutively for 3rd day
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, decreased for a third straight session on Tuesday, dropping about 2.8% to a fresh low since September 1 at 3,178 points. The main downward pressure came from...
Scorpio Tankers Inc. Announces Agreements to Sell Three Product Tankers and Purchase Four Newbuilding Vessels
Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and purchase four newbuilding vessels. Vessel Sales The Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR...
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