Just four weeks ago we wrote about Singapore VLSFO prices being at an all-time high of $765/mt. Since then, Singapore prices have hit $1,027/mt and Rotterdam prices have been even higher at $1,109/mt. The reasons are obvious and bunker prices clearly continue to move around developments and expectations surrounding the war in Ukraine. We can …
The post Prices are high, daily volatility is high and European bunker prices are above Singapore first appeared on Hellenic Shipping News Worldwide.