Bunker Market Report - Indication:   

** Both WTI and BRENT are based on HK Time 12:00.

Pavino Shipping Co., Ltd is the exclusive physical supplier for us in the Russian Far East at Nakhodka, Vostochny, Vladivostok , Kozmino and Posyet by their own barges. We can also offer fully agency service for cargo working and bunkering call only. 
  
RUSSIA FAR EAST

* Market level remains stable for bunker supply with cargo working, but tight avails and delivery is subject to weather condition.

* Russian Federal Customs requires to be supplied additional documents including bunker tank calibration tables and certificates confirming that vessels comply with the international conventions on tonnage measurements.

* New tax for bunkering only call at Russian ports will be applied starting from 01 January, 2011.

* Due to the new customs regulations, it is required to receive enquiries 4-5 days prior to the vessel's arrival to enable timely bunkering. 

HONG KONG

* Market level has increased .

SOUTH KOREA

** Barging Fee will be changed from 01 August 2017 (subject to different supplier and port) **

* Market level has remain stable .

JAPAN

* Market level has remain stable .

SINGAPORE

* Market level has increased.

TAIWAN (CPC Posting)

* According to the latest regulation of Taiwan Customs, it is required to provide information of vessel flag (nationality of vessel) for Customs clearance. Therefore, customers will need to provide vessel flag information when they place nomination to CPC from October 1st, 2014.   

* According to the regulation of Kaohsiung port authority, the oil fence has to be set by CPC from July 01, 2013. This means that it is not allowed for customers to arrange the oil fence by themselves, it must be arranged by CPC.

* Mailiao: pipeline supply is available at most of the terminal, some berth at West terminal will supply by barge, barging fee is USD14/MT, min 1000MT.  

* The bunker specification is accordingly to CPC specs, new spec complying 3.5% sulphur max. is applied.   

** Please kindly be informed that CPC is unable to accept any new order for MF-80 and MF-180 at Keelung ,Taichung and Kaohsiung port from October 14^th,2019. Discontinue Supplying MF-80(3.5%) and MF-180(3.5%) at Keelung, Taichung and Kaohsiung port from November 1st, 2019

** Please kindly be informed that CPC is unable to supply MF380 at Taichung port from November 1st,2019,due to barge limit.

** Please kindly be informed that Intermediate Fuel Oil (MF-80) is specially blended oil. If the customer's vessel fails to take the full quantity as order, we will charge the price difference between the ordered fuel oil and MF-180.

** This is to inform that CPC will begin to supply low sulfur MGO with sulfur content not exceeding 0.5% at all ports (Keelung, Taichung, Suao, Hualien and Kaohsiung port) from March 1^st, 2018.  

** Please be informed that CPC used to supply bunker fuel by pipelines at wharf 18, 19, 20, 23, 24 of Hualien port before “0206” Hualien earthquake. However, after the quake, CPC could supply bunker fuel by pipelines only at wharf 18 – 20. As for wharf 23 & 24, CPC could supply bunker fuel oil only by tank truck because of pipeline damage. Therefore, if the vessel is berthed at wharf 23 & 24, CPC would only afford the truck cost for order below 500mts because of the limit of tank truck. However, if vessel needs to take bunker fuel oil over 500mts, the customer needs to afford the truck cost over 500mts.

** CPC Corporation, Taiwan is pleased to announce that CPC will begin to supply low-sulfur fuel oil (LSFO) at five ports including Keelung, Taichung, Kaohsiung, Suao and Hualien from January 1st, 2019. This is in reaction to MINISTRY OF TRANSPORTATION AND COMMUNICATIONS's early adoption of 0.5% cap from 1st, January 2019 --- foreign vessels and flag ships sailing in international routes shall utilize low sulfur fuel oil (sulfur-bearing less than 0.5% by weight), or equipment or alternative fuels that achieve the equivalent effect of emission reduction when entering into the ports and offshore terminals under the jurisdiction of the Republic of China. The new CPC LSFO will be LSMF-180 (0.5%) with maximum of 0.5% sulfur by mass and maximum viscosity of 180cst.

** This is to informed that the oil fence charge of CPC in Kaohsiung port, US$68 per delivery, is decreased to US$59 as the delivery date from Dec 1^st, 2018.

** This is to reaffirm that CPC is unable to deliver bunker fuel oil to vessels if buyer fails to give CPC clear notice 48hrs prior to the scheduled delivery according to CPC bunker oil agreement as below: Buyer shell give CPC not less that forty-eight (48) hours clear notice (excluding Saturdays, Sundays, public holidays and any other non-working days as determined and decreed by the central government or the local authority of the loading port) of Vessel’s readiness to receive delivery, or such earlier notice as may be required to enable CPC to make any necessary arrangements with and secure any necessary permission from, the port authorities prior to making delivery.

** Please kindly be informed that CPC will no longer supply bunker fuel oil by barge at Suao port from March 1^st, 2019. CPC will begin to supply bunker by tank truck at Suao port from March 6^th, 2019. CPC are unable to receive any new order at Suao port if the estimated delivery date is on/before March 5^th, 2019. Furthermore, CPC are unable to accept order over 300mts for Suao port because of truck limit. Therefore, for any order at Suao port, please contact us before placing order.

CHINA    

Please note that Price is subject to enquiry for the following ports: 
Lianyungang, Qinhuangdao, Dalian, Ningbo, Zhoushan, Fangcheng, Zhanjiang, Tianjin, Huangpu.

** Please kindly be informed that it is barge tight in Shanghai so it is subject to enquiry.

 ** Please kindly be informed that it is product tight in Qingdao so it is subject to enquiry.

* Market level has remain stable.

* Market level has remain stable.

* Market level has decreased.

* Market level has increased .

* Market level has decreased .

* Market level has decreased .

* Market level has increased while MGO has decreased.

* Market level has decreased.

* Market level has increased.

* Market level has increased.

 SEA TRADER IS PLEASED TO ANNOUNCE THAT THEY CAN NOW PROVIDE A FULL LUBRICANT SERVICE THROUGHOUT ASIA TO YOUR VESSELS. WE CAN PROVIDE INTERNATIONAL BRANDS AS WELL AS THOSE OF LOCAL AND REGIONAL SUPPLIERS, AT COMPETITIVE PRICES. WE THEREFORE LOOK FORWARD TO BEING OF FURTHER SERVICE TO YOU.