Reuters: .Iran unveils 'budget to resist US sanctions' with help from $5bn Russian loan.

President Rouhani claims Iran can manage, but IMF hints oil prices need to be triple
current levels to balance budget


$ 64,37, now

LINK

https://www.investing.com/commodities/brent-oil

Ja, ja, India kan jo forsøke å bryte Fysikkens lover .....
India poised to stockpile oil in exchange for IEA role
"Move highlights efforts to stabilize global crude prices"

"The International Energy Agency will consider requiring India to stockpile crude oil in exchange for involvement in the organization's decision-making, turning to an energy-hungry Asian nonmember to help stabilize global prices.

At a two-day ministerial meeting here, the IEA decided to give India "associate membership status."

Asia's third-largest economy has aimed to join the IEA to boost its international profile. But under the agency's rules, membership is only given to members of the Organization for Economic Cooperation and Development, a group of mostly advanced industrial economies.

Since India is not part of the OECD, the IEA decided to establish a new "strategic partnership" role for the country, in effect making it a semi-member.

The two sides will negotiate what kind of rights and obligations India will have. The main agenda will be to impose member states' obligation to stockpile 90 days worth of oil imports.

https://asia.nikkei.com/Business/Energy/India-poised-to-stockpile-oil-in-exchange-for-IEA-role2

Ser ledelsen og JF kjøper aksjer eller ruller TRS i stor stil. Her blir det fete utbytter i nær fremtid, det er ikke noe å lure på.

TANK: 9 VLCC-SLUTNINGER FREDAG
Oslo (TDN Direkt): Det ble rapportert om ni VLCC-slutninger fredag.
Det fremgår av en slutningsliste fra Fearnleys.
Det ble sluttet tre reiser fra AG, der to går til Kina og en går vestkysten av USA.
Videre ble det sluttet en reise fra Mina Al Ahmadi til Vietnam, en reise fra Ras Tanura til Rødehavet og en reise fra Hound Point til Sør-Korea.
For de resterende reisene er det ikke oppgitt detaljer.

==============================================================
Størrelse Strekning WS-rate TCE($)
280 AG/USG 56 31.600
270 AG/Korea 98 70.600
260 V-Afr/Kina 99 71.800
==============================================================
Bunkerspris ($/MT 380 CST) VLSFO
==============================================================
Fujairah - 269 576
Singapore - 310 574
Rotterdam - 249 498
==============================================================
Slutningstelling AG:
==============================================================
Des'19 - 98
Nov'19 - 148
Oct'19 - 143
==============================================================

Oslo (TDN Direkt): Det ble rapportert om 14 VLCC-slutninger tirsdag.

Det fremgår av en slutningsliste fra Fearnleys.

Det ble sluttet seks reiser fra AG, der tre går til Kina, en går til Sør-Korea, en går til Taiwan og en går til USA-gulfen.

Videre ble det sluttet tre reiser fra USA-gulfen, der en går til Sør-Korea, en går til Østen og en går til det fjerne Østen.

Det ble også sluttet to reiser fra Panamas Vestkyst, der samtlige går til Kina, og en reise fra Brasil til Østen.

Ellers ble det sluttet to reiser der detaljene ikke er kjent for markedet.

==============================================================
Størrelse Strekning WS-rate TCE($)
280 AG/USG 60 34.900
270 AG/Korea 110 83.400
260 V-Afr/Kina 105 78.500
==============================================================
Bunkerspris ($/MT 380 CST) VLSFO
==============================================================
Fujairah - 279 600
Singapore - 319 578
Rotterdam - 254 511
==============================================================
Slutningstelling AG:
==============================================================
Des'19 - 120
Nov'19 - 148
Oct'19 - 143
==============================================================
LK finans@tdn.no

TDN Direkt, +47 21 95 60 70

Som det fremgår, er ikke ting som i 1967, da Suez kanalen ble sperret, under Iran Iraq krigen

Med moderne våpen er det ikke noen sak for Iran og senke noen skip i Suez kanalen, Røde havet etc.

Se dere om etter hvilket rederi som du foretrekker. Alle andre skip, som i dag, ikke må gå via kanalen,
som Suezmax etc. må da RUNDT Afrika, dersom skal Atlantik etc.

GAME CHANGER ..... ?

Iran-backed attacks in Iraq risks uncontrollable escalation - U.S. official

"A senior U.S. Military officials said on Wednesday attacks by Iranian-backed groups on bases hosting U.S. forces in Iraq were gathering pace and becoming more sophisticated, pushing all sides closer to an uncontrollable escalation.

His warning came two days after four Katyusha rockets struck a base near Baghdad international airport, wounding five members of Iraq’s elite Counter-Terrorism Service.

It was the latest in a spate of rocket strikes in the past five weeks on military installations hosting members of the U.S.-led coalition whose objective is to defeat Islamic State insurgents. The official said the attacks were jeopardizing the coalition’s ability to combat Islamic State insurgents.

Tension between the United States and Iran has ramped up in the region over U.S. economic sanctions that are hitting Tehran hard. The two sides have traded blame over attacks on oil installations, militia arms depots as well as military bases hosting U.S. forces.

“We’re used to harassing fire,” said the military official, who spoke on condition of anonymity. “But the pace of (that) was (previously) pretty episodic ... (Now) the level of complexity is increasing, the volume of rockets being shot in a single volley is increasing and is very concerning to us.”

The official added: “There is a point at which their actions change things on the ground and make it more likely that some other actions, some other choices made – by somebody, whether it’s them or us – will escalate unintentionally.”

The military official said Iranian-armed militias were approaching a red line where the coalition would respond with force, and “no one will like the outcome”.

There have been no claims of responsibility for any of the attacks. However the U.S. military official said intelligence and forensic analyses of the rockets and launchers pointed to Iranian-backed Shi’ite Muslim militia groups, notably Kataib Hezbollah and Asaib Ahl al-Haq (AAH).

Iraqi paramilitary groups have in turn accused the United States and Israel of bombing their weapons depots and bases.

Most of Iraq’s Shi’ite militia groups are:

https://www.reuters.com/article/us-iraq-security-usa/iran-backed-attacks-in-iraq-risks-uncontrollable-escalation-u-s-official-idUSKBN1YF22A

Oslo (TDN Direkt): Det ble rapportert om 19 VLCC-slutninger onsdag.

Det fremgår av en slutningsliste fra Fearnleys.

Det ble sluttet ni reiser fra AG, der seks går til Kina, to går til Singapore og en går til Sør-Korea.

Videre ble det sluttet to reiser fra USA-gulfen, der en går til Sør-Korea og en går til Østen.

Det ble også sluttet en reise fra henholdsvis Panama og Brasil, der samtlige går til Kina.

Ellers ble det sluttet seks reiser der detaljene ikke er kjent for markedet.

==============================================================
Størrelse Strekning WS-rate TCE($)
280 AG/USG 60 34.600
270 AG/Korea 110 83.400
260 V-Afr/Kina 105 78.500
==============================================================
Bunkerspris ($/MT 380 CST) VLSFO
==============================================================
Fujairah - 283 600
Singapore - 323 598
Rotterdam - 256 507
==============================================================
Slutningstelling AG:
==============================================================
Des'19 - 120
Nov'19 - 148
Oct'19 - 143
==============================================================
LK finans@tdn.no

TDN Direkt, +47 21 95 60 70

BØRS: FRO OG BWLPG INN I OBX, PGS OG ELK GÅR UT
Oslo (TDN Direkt): Frontline og BW LPG vil inngå i OBX-indeksen fra og mandag 23. desember 2019, mens PGS og Elkem vil gå ut av indeksen.

Det skriver Oslo Børs i en melding torsdag.

NS, finans@tdn.no

TDN Direkt, +47 21 95 60 70

Oslo (TDN Direkt): Det ble rapportert om 9 VLCC-slutninger torsdag.

Det fremgår av en slutningsliste fra Fearnleys.

Det ble sluttet tre reiser fra AG, der en går til India, en går til Kina og en går til Taiwan.

Videre ble det sluttet to reiser til India, der en går fra Vest-Afrika og en går fra Venezuela. Det ble også sluttet en reise fra Panama til Kina.

Ellers ble det sluttet tre reiser der detaljene ikke er kjent for markedet.

==============================================================
Størrelse Strekning WS-rate TCE($)
280 AG/USG 58 31.900
270 AG/Korea 102 74.700
260 V-Afr/Kina 104 77.500
==============================================================
Bunkerspris ($/MT 380 CST) VLSFO
==============================================================
Fujairah - 293 602
Singapore - 331 598
Rotterdam - 264 510
==============================================================
Slutningstelling AG:
==============================================================
Des'19 - 130
Nov'19 - 148
Oct'19 - 143
==============================================================
LK finans@tdn.no

TDN Direkt, +47 21 95 60 70

Husker ikke om jeg la inn dette på Forumet ?

[ Vi har vel alle lurt på hva scrubber instalsjon, koster + hva det kan bety, med two tier market, ref, når Dobbelt bunn
skrog ble et krav, i sin tid. Da ble det nettopp et Two Tier marked. ]

Scrubbers save $700,000 on US-Asia crude move

Today's high sulphur to low sulphur fuel oil spread would yield savings of $700,000 to a shipowner taking a US crude cargo to Asia-Pacific on a scrubber-fitted very large crude carrier (VLCC), according to an Argus analysis.

The scenario is becoming less of a hypothetical asVLCC fixtures concluded in the US today are for loading after the 1 January implementation of the International Maritime Organization (IMO) 2020 regulation that lowers the sulphur cap on shipping emissions to 0.5pc.

US crude exports to Asia so far this year have reached 1.03mn b/d, according to oil analytics firm Vortexa, the equivalent to one VLCC every other day.

The IMO 2020 rules require vessels reduce emissions to equal those of fuels with 0.5pc sulphur, down from the current 3.5pc sulphur standard. Some vessel operators are installing exhaust systems, called scrubbers, rather than using lower sulphur fuels.

A shipowner with a scrubber-fitted VLCC would pay a bunker bill for such a one-way voyage of about $1.31mn, compared with $2.01mn or $2.13mn for a non-scrubber fitted VLCC, depending on whether the type of IMO 2020-compliant fuel used is 0.5pc sulphur fuel or marine gasoil (MGO).

The calculation assumes the 9 December Argus-assessed price in Houston for high sulphur bunkers of $367.50/t, 0.5pc sulphur bunkers at $562/t, and MGO at $597.50/t. It also assumes VLCC fuel consumption of 70 t/d at a speed of 13 knots and a route from Corpus Christi, Texas to Yosu, South Korea under the Cape of Good Hope.

The bunkers-related savings afforded on the same route for a medium range (MR) tanker would be around $250,000, roughly a third the savings for the VLCC. This helps explain why the scrubber uptake was disproportionately higher among larger vessels that consume fuel at higher rates.

The bunker savings on the US-Asia VLCC routecome against the backdrop of VLCC freight rates that have been elevated by trade sanctions and seasonality. Argus currently assesses the US Gulf coast-South Korea VLCC route at $11mn lump sum, which means bunker costs are 12pc to 18pc of the cost of freight, depending on the type of fuel.

Some 3,000 vessels, including many VLCCs, are expected to be fitted with engine exhaust scrubbers that will allow the ships to continue burning cheaper, high sulphur fuel. The scrubber-related cost savings will help shipowners recoup their investment in scrubbers. Shipping consultancy Cleaves says installing a scrubber on a VLCC costs about $6.6mn, including lost earnings from a 40-day installation window.

By Nicholas Watt