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Sources tell Ship & Bunker that they are urging customers to float their bunker enquiries as soon as possible. |
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Sources tell Ship & Bunker that barge loadings have been suspended following the Sunday incident. |
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Bunker prices have climbed to multi-year highs amid middle East conflict. |
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A fire was reported at the plant earlier in the day. |
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Singapore trading sources describe a market fraught with tension, concerned over what appears to be an imminent shortage of supplies for this market. |
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The Singapore market is indicating prices at the highest level since 2022. |
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China has asked its refiners to suspend signing new contracts to export refined products and to attempt to cancel shipments already agreed to. |
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Security concerns in the region have led some suppliers to suspend bunker deliveries at the major UAE marine fuel hub. |
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The boxship came under attack about two nautical miles north of Oman at 11:09 AM UTC on Wednesday. |
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The vessel has taken on water, and oil from the cargo is spilling into the sea. |
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