|SHIPPING RATES & BUNKERS ( 10:30am ET ) Spot TCE earnings for vessels using compliant fuel (no scrubbers)|
|DIRTY TANKER (KT - $/day)||VOYAGE||SPOT TCE EARNINGS||2020 AVG. RATE|
|CLEAN TANKER (KT - $/day)||VOYAGE||SPOT TCE EARNINGS||2020 AVG. RATE|
|TIME CHARTER (KDWT)||1YR ECO RATE ($/day)||NEWBUILD PRICE ($M )||SECONDHAND 5YR PRICE ($M)|
|VLCC , 200+||70,000||92.0||77.5|
|US FLAG (KT - $/day)||VOYAGE||WEEKLY SPOT RATE||2020 AVG. RATE|
|LNG ($/day) as of 13-Mar-2020||WEEKLY SPOT RATE||CURRENT MONTH RATE||2020 AVG. RATE|
|160M3 Tri-fuel diesel electric (West)||37,000||37,000||64,545|
|138-150M3 Steam turbine (West)||30,000||30,000||50,818|
|160M3 Tri-fuel diesel electric (East)||37,000||37,000||58,273|
|138-150M3 Steam turbine (East)||30,000||30,000||45,091|
|LPG (KT)||SPOT RATE ($/mt)||SPOT TCE RATE ($/day)|
|VLGC, 44 (AG-Japan)||59.90||51,961|
Oil up after three-day plunge but coronavirus curbs gains.
U.S. oil prices rose 10% on Thursday after a three-day sell-off as the spread of the coronavirus and a battle for market share between Saudi Arabia and Russia drove prices to their lowest in almost 20 years.
The Panama Canal announces precautionary actions against COVID-19.
The Panama Canal is closely monitoring the evolving COVID-19 outbreak and has adopted a series of measures to protect its personnel and prevent further spread of the virus, it said in a statement Wednesday.
PetroChina’s pipeline gas supply cuts unlikely to boost prompt LNG demand.
Chinese state-owned PetroChina’s move to reduce its pipeline gas imports after two months of weak domestic demand due to COVID-19 is unlikely to boost short-term LNG imports because of high inventories and a slow demand recovery.
AET scores healthy price for 17-year-old VLCC as values rise.
Malaysian tanker owner AET has sold its oldest VLCC at a price that demonstrates rising values for VLCCs, even for one that's 17 years old. European brokers said the company has sold the 300,000-dwt Bunga Kasturi (built 2003) for $32m. The buyer is undisclosed.
|COMMODITIES, (8:30 am CT )|
|CRUDE||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|PRODUCTS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|NATURAL GAS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|US Henry Hub||NYMEX||$/MMBtu||1.65||+0.05|
|UK National Balancing Point||ICE||$/MMBtu||2.65||+0.10|
|NATURAL GAS LIQUIDS||SOURCE||LAST PRICE (₵/gal)||LAST PRICE ($/mt)||Δ PRIOR DAY CLOSE(₵/gal)|
|US Mont Belvieu Propane (Spot)||Reuters||28.92||150.68||-4.00|
|PRICE SPREADS ($/bbl)||SOURCE||LAST PRICE||Δ PRIOR DAY CLOSE|
|Brent 3-2-1 Crack||ICE||1.41||-0.84|
|EQUITIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
|S&P 500||United States||2,435.93||+37.83|
|FTSE 100||United Kingdom||5,139.64||+59.06|
|CURRENCIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
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