The company's global bunker sales were over 6 million mt last year, and Singapore represented 30% of the total, Platts reported. The precipitous drop in bunker prices has led to increased savings for shipowners. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Access latest coal news and analysis, conferences and events. We're pleased to launch these new assessments covering the nascent but fast growing LNG bunker market and leveraging Platts capabilities in marine fuel and LNG. Fill out the form so we can connect you to the right person. We will be in touch shortly. Access latest petrochemicals news and analysis, conferences and events. Access latest metal news and analysis, conferences and events. If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., Learn More About S&P Global Platts Lng Services, FEATURE: Lower Permian gas production, higher prices promise shift in 2021 flows, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. As global availability of low sulfur fuels increases, HSFO supply has tightened, creating something of a supply-demand mismatch. Enter your Email ID below and we will send you a link to reset your password. Oil LNG Natural Gas Electric Power Coal Shipping Petrochemicals Metals Agriculture Energy Transition I Need Market Insights and Analytics Commodity Prices and Essential Market Data Real-Time News, Prices and Analysis Maps and Geospatial Data Forward Curves and Risk Valuation Data Platts LNG Bunker Weekly: BHP in deal with Shell for LNG bunker **BHP, Shell completed LNG bunkering deal that will facilitate 5 LNG-fueled bulk carrier **Titan LNG, TSO Fluxys delivered bunker barge to operate at Antwerp If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Any multiple of 10,000 MMBtus Quotation . If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. With news, market insights, and price analysis you'll gain a greater understandin... LNG supply dynamics are undergoing seismic changes from major markets – China, the Middle East, South America and the US. Graph this against Bunker Fuel You need a Standard or Plus Membership to see the price history Please note that, effective February 11, 2020, the Bunkerworld Marine Fuel 0.5%S index is now available in the Bunkerworld Indexes page in the Fuel Prices section. Receive daily email alerts, subscriber notes & personalize your experience. Access latest gas news and analysis, conferences and events. Access latest oil news and analysis, conferences and events. JKM Contract Size. At a critical time, join us for the S&P Global Platts online bunker event. Access latest agriculture news and analysis, conferences and events. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. The subsidiary will focus on LNG bunkering at Petronet's Kochi terminal, Platts reported Thursday, citing company sources. Your registration is complete and your account is active. Platts to Start LNG Bunker Pricing Assessments Ahead of IMO 2020. Altho…. 10,000 MMBtu Unit of Trading. Learn More Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. Platts data shows the average drop in VLSFO prices of $325/mt between January and April means that shipowners were set to save $16,266 a day during April, assuming a vessel consumes 50 mt/day of fuel. Fill out the form so we can connect you to the right person. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Together, they will … If you have any questions or concerns please contact support@platts.com or click here, Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center. You're one step closer to unlocking our suite of comprehensive and robust tools. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. It projects that LNG bunker volumes may reach almost 15m tonnes per year over the next decade . We provide global news, analysis and prices for the natural gas and LNG markets. Access latest power news and analysis, conferences and events. by ShippingHerald Headlines, Shipping News, The Wire, Top Stories. The scope of the collaboration includes webinars for IBIA members, the … The Platts JKM for January was assessed 25.7 cents/MMBtu higher day on day at $7.775/MMBtu on Nov. 30. A part of the thought leadership series on Platts LIVE, this important discussion will address how bunker players and ship owners are adapting in this time of great uncertainty. The company says it is responding to increased queries from the industry to find the prevailing cost of LNG as bunker fuel and is looking to extend transparency on pricing in the sector, according to Reuters. Access latest petrochemicals news and analysis, conferences and events. The price assessments will start next week for Singapore and Rotterdam.. If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Price reporting agency S&P Global Platts plans to launch its first assessments for prices of liquefied natural gas (LNG) bunker fuel ahead of new shipping rules taking effect from next year which limits the sulphur content of marine fuel. SUBSCRIPTION REQUIRED To read this news article you need a subscription to Bunkerworld which includes the News Module . Enter your Email ID below and we will send you a link to reset your password. Please contact the Client Services team. S&P Global Platts today announced that it will launch price assessments for LNG bunkering on September 2, 2019. An email confirming your password has been sent. A monthly cash settled future based on the Platts daily assessment price for the LNG Japan/Korea Marker (JKM). Learn how you can access our natural gas and LNG prices and market reports. Thanks for your interest in Natural Gas. Tuesday, June 16, 2020 . Platts Market Data – Natural Gas delivers the numbers you need to gauge your markets, your competition, and your future potential. There has been a 'gradual but steady shift' towards using Platts 0.50% sulfur fuel assessments instead of diesel cargo prices in these trades, the company said Tuesday. 29 Aug 2019; News ; Hwee Hwee Tan HweeHwee.Tan@informa.com. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. Access analysis for the past, present and future using our supply and demand fundamental data and forecasts over a ten-year time span. Helping you understand the market value of LNG in regional and global markets as well as how supply and demand fundamentals are impacting price. Commodities information and pricing provider S&P Global Platts on Monday (2 September) will start providing daily price assessments for liquefied natural gas (LNG) as a bunker fuel at the Singapore and Rotterdam markets. That’s more than a fourfold increase from JKM’s historic low on April 28 at $1.825/MMBtu, amid the … Subscriber Notes can be received by Commodity Region, and Note Type. Be confident in you... Crucial competitive intelligence across the entire gas market place. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. Altho…. Price agency Platts to start LNG bunker fuel assessments ahead of IMO 2020. We will be in touch shortly. Welcome to Platts Market Center Use this page to login, manage and access your subscription(s) to: Read industry news; View market pricing, fundamental data and charts ; Sign up for alerts; Build your own custom reports and more; S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. The Platts JKM spot price for LNG delivered into Northeast Asia has continued to find strength over the past month, closing Dec. 7 at $8.328/MMBtu. Access latest agriculture news and analysis, conferences and events. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Bunker prices for VLSFO at the smaller bunker port in Lisbon have rivaled those at the nearby Mediterranean hub of Gibraltar during Q3, averaging $328/mt while Gibraltar averaged $331/mt, Platts data shows. S&P Global Platts Launches First LNG Bunkering Daily Price Assessments Launch in Singapore and Rotterdam from September 2nd. Latest in Commodities. Platts, a unit of S&P Global Inc, said that it is launching price assessments on Sept. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. The company is also 'at an advanced stage of discussion' to acquire an LNG bunker barge, Platts said. Author of the article: Reuters. [Yes] I would like to receive S&P Global Platts promotional emails. Services Oil LNG Natural Gas Electric Power Coal Shipping Petrochemicals Metals Agriculture I Need Market Insights and Analytics Commodity Prices and Essential Market Data Real-Time News, Prices and Analysis Maps and Geospatial Data Forward Curves and Risk Valuation Data US Dollars and cents per MMBtu Currency. Access latest gas news and analysis, conferences and events. Receive daily email alerts, subscriber notes & personalize your experience. The US natural gas supply faces a loss of … Fratelli Cosulich may also consider investing in LNG trading and bunkering, Platts cited the company's CEO as saying. Platts to start LNG bunker price assessments The leading pricing agency will roll the new assessments at the world's two leading bunkering ports, Singapore and Rotterdam. US #natgas in storage forecast to post another triple-digit withdrawal By submitting this form you acknowledge that you have read and you agree to our, You must select at least one interest to continue, You are a premium subscriber, we are unable to send you a link to reset password for security reasons., Learn More About S&P Global Platts Natural Gas Services, FEATURE: Lower Permian gas production, higher prices promise shift in 2021 flows, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. Access latest power news and analysis, conferences and events. Thanks for your interest in Lng. The International Bunker Industry Association (IBIA) and price-reporting agency S&P Global Platts are to work together to help the bunker and shipping industries prepare for the looming International Maritime Organisation (IMO) rule change on the sulfur content of bunker fuel, the organisations have said.. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. US Dollars and cents Trading Price. Access latest shipping news and analysis, conferences and events. * Platts survey calls for 154 Bcf drawdown… https://t.co/WFdKdzbQKZ, RT @JHuckstepp: A lot of talk of rallying LNG and carbon pulling European gas prices higher, but the coal factor has been overlooked. Jessica Jaganathan. New and Discontinued Price Symbol Alerts are issued when we launch new assessments and announce discontinued assessments. Indian gas producer Petronet plans to set up an LNG bunkering unit, according to price reporting agency S&P Global Platts. May 21, 2020 12:20 UTC (3) The shipping industry, skating on razor-thin margins, is drawing solace from cheaper bunker fuel prices caused by the coronavirus pandemic. 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