Dear Subscriber: Your Bunkerworld service is moving to Platts Dimensions Pro (PDP). All users now have access to PDP and need to migrate. This website (www.bunkerworld.com & www.portworld.com) will be decommissioned on August 22nd, 2022. To access the new Bunkerworld website on PDP click here. For more information please contact: support@platts.com
S&P Global Platts wishes to announce that it will discontinue the following Bunkerworld functionality, effective August 22nd, 2022:
- 28-day spreads for individual grades and ports
- 28-day volatility for individual grades and ports
- Regional pricing averages
- Largest one-day movements in port prices
- Bunker surcharges
Bunker Surcharges will be provided through the Container Freight/Shipping service.
Please provide any further comments or feedback to support@platts.com
BUNKERWORLD : 0.5%S fuel oil index rebounds from five-month lows
All refiners in South Korea were actively offering the product in the delivered market since August, local traders said.
SINGAPORE DATA: Residual fuel stocks drop 5% on week amid lower imports
The stocks were at their lowest since July 2019, when they had touched 16.916 million barrels.
Germany's Hapag-Lloyd sees resilient container shipping demand despite macro concerns
Hapag-Lloyd expects global container volume growth to slow to 2% this year, from 7% in 2021, the company said citing Seabury and Container Trade Statistics figures.
Rotterdam HSFO crack strengthens as market braces for sanctions
Traders have been bracing for the introduction of the European Union's fifth sanctions package, which encompasses products such as coal with CN code 2707, and which traders believe also applies to 3.5%S FO due to its high aromatic content, which exceeds 50%. According to traders, this prevents the import of Russian products falling under the 2707 CN code into the EU after Aug. 10.
FEATURE: EU ETS' initial decarbonization effects for shipping in doubt
Once the new regulation comes into force, industry estimates suggest over 2,000 vessel operators would need to acquire emissions allowances -- also known as EUAs -- to stay compliant when trading at EU ports.
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