Asia Fuel Oil-380-cst premiums sink to 2-week low, time spreads pare earlier gains

Lower deal values in the Platts window on Monday saw cash premiums of 380-cst fuel oil fall to their lowest in May, while near-dated 380-cst time spreads on the Intercontinental Exchange (ICE) gave back gains made in the previous week in low traded volume

Asia Fuel Oil-Cash differentials sink to 6-month low amid seller discounts

Aggressive seller discounts on cargoes of the 380-cst fuel oil in the Platts window dragged cash differentials of the industrial fuel to its lowest levels since August 2016.

Nigerian militants threaten to sink tankers

As Nigerian militants step up their attacks oil company installations in the Niger Delta they have threatened to...

Dalian iron ore futures sink further as spot hits five-year low

China’s iron ore futures slid nearly 5 percent to a record low on Wednesday, piling more pressure on spot...

Somali pirates sink Malaysian ship

At least three, and perhaps all, of the 15-man crew of a merchant vessel that sank last week while being held...

Global woes may sink shipbuilders

The specters of the global financial crisis and the European debt crisis still haunt shipbuilders in the Yangtze...