• Marine fuels dialogue: Red Sea blues and its impact

  • Jul 16 2024
  • Length: 8 mins
  • Podcast

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Marine fuels dialogue: Red Sea blues and its impact

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  • Summary

  • The key bunkering hub of Singapore has seen an increase in vessel arrivals in the first half of 2024, particularly as ships divert around the Cape of Good Hope. Fuel prices and freight rates continue to be elevated compared to a year back, reflecting varied constraints in vessel routes, supplies, and firm buying interest for conventional fuels in Asia. Join Argus’ team of reporters from freight, oil products and marine fuels desks in this lively discussion, as they analyse the impact of geopolitical trends on these key markets.

    Topics covered:

    • Overview of Mideast gulf freight rates and Asia fuel pricing in 1H24
    • Insights into marine fuel supply and demand in Asia
    • How the shipping industry has adapted to meet the challenges of Red Sea disruptions

    Speaking on this podcast:

    • Cassia Teo, Reporter - Marine Fuels
    • Asill Bardh, Reporter - Oil Products
    • Sean Zhuang, Senior Reporter - Reporter
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