311 Post Road East

Westport, CT 06880

Tel: 203.227.3200

Fax: 203.227.3910

Email: bunkers@merlinpetroleum.com

To All Our Clients:

www.merlinpetroleum.com

Bunker price indications for:

20-Oct-20

Based on RMG 380 / VLSFO / ULSFO / MGO / LSMGO

The following prices ex-wharf indications only for 500/50 MTS, unless otherwise noted. Prices without guarantee!

PORT

IFO 380

VLSFO 0.5%

ULSFO 0.1%

MGO DMA MDO*

LSMGO 0.1%

Comments / EDD

11:50 AM

Last

Change

Rotterdam

257-259

320-325

332-335

N/A

342-345

steady

WTI

$40.66

- 0.17

Ghent

260-262

323-328

S.I.

N/A

345-348

steady

BRENT

$42.54

- 0.08

St. Petersburg

251-253

305-310

312-317

N/A

332-334

steady

Hamburg

295-297

322-327

N/A

N/A

353-355

steady/ good avails

SKAW

282-287

317-322

S.I.

N/A

353-355

steady/tight

Gibraltar

292-294

335-345

N/A

N/A

367-369

steady

Malta

292-294

335-340

N/A

N/A

367-372

steady

Las Palmas

290-312

335-350

N/A

N/A

362-377

steady

Poland

N/A

322-327

N/A

N/A

378-383

mixed

Jeddah

N/A

331.00

N/A

420.60

N/A

Posted Oct 16 onwards

Suez

285-290

N/A

N/A

N/A

420-425

very tight avails, + barging for small qty's

Port Said

N/A

N/A

N/A

N/A

N/A

very tight avails, + barging for small qty's

Piraeus

N/A

345-350

N/A

N/A

370-375

steady

Kali Limenes

N/A

350-355

N/A

N/A

380-385

steady

Fujairah

S.I.

358-363

N/A

N/A

474-476

firm

Durban

285-290

375-385

N/A

N/A

460-465

very tight avails

Capetown

N/A

395-400

N/A

480-485

N/A

tight / mgo ADO by truck

Algoa Bay

N/A

375-380

N/A

N/A

494-494

steady

Port Louis

S.I.

380-385

N/A

N/A

470-475

tight avails

Istanbul

N/A

343-348

N/A

N/A

387-389

mixed

Novorossiysk

277-279

300-305

N/A

N/A

397-399

steady

Tuapse

N/A

300-305

N/A

N/A

397-399

steady

Singapore

282-302

341-350

N/A

S.I.

344-355

mixed - EDD 10/29-30

Hong Kong

300-302

323-328

N/A

S.I.

342-347

steady

Shanghai

306-310

350-360

N/A

N/A

412-427

steady

Busan

312-314

347-352

N/A

367-369

372-374

steady EDD 10/24 - tight

Tokyo

300-302

339-343

N/A

580-585*

N/A

*MDO/VLSFO extremely tight

Taiwan

306

361

N/A

N/A

400

soft

PORT

IFO 380

VLSFO 0.5%

ULSFO 0.1%

MGO DMA

LSMGO 0.1%

Comments / EDD

Barging

New York

265-267

330-335

N/A

N/A

350-355

steady

$7,618.75 Min.

Philadelphia

270-272

335-340

N/A

N/A

355-360

steady

$7,618.75 Min.

Norfolk

N/A

365-370

N/A

N/A

375-385

steady

$7,618.75 Min.

Houston

265-270

310-315

N/A

N/A

365-370

steady/ tight thru Oct 24nd

$11,798.60 Min.

New Orleans

277-279

310-315

N/A

S.I.

365-380

steady

$13,081.00 Min

Vancouver B.C.

S.I.

325-330

N/A

S.I.

395-398

mixed/ VLSFO tight

$9,000.00 Min.

LA/LB, California

S.I.

340-345

N/A

N/A

412-415

mixed/EDD  Oct 21-22

MTD

Panama

290-292

325-330

N/A

N/A

375-380

EDD VLSFO Oct 23

$8,500.00 Min. +++

St. Eustatius

315-318

380-385

N/A

N/A

415-420

steady

$2,500 calling costs

Kingston

S.I.

360-365

N/A

N/A

460-462

mixed

MTD; agent req'd

Trinidad OPL

N/A

365-370

N/A

N/A

455-460

mixed

MTD

Santos

N/A

335-336

N/A

442-443

N/A

steady

MTD

Zona Comun

N/A

340-345

N/A

N/A

452-454

steady/gd avails  EDD 10/22

MTD

Bahia Blanca

N/A

375-380

N/A

N/A

495-497

steady/good avails - 10/22

MTD

La Libertad

260-265

365-370

N/A

N/A

525-530

EDD Oct 24th

<400MT:$6000 barging

Callao

N/A

385-390

N/A

N/A

480-482

steady/good avails

$600 pollution; if <400MT:$6000 barging + $1440 if at berth

San Antonio

385-390

400-405

N/A

N/A

550-555

steady Oct 25 subj barge load

<350mt: $3900 barging

Montevideo

N/A

445-450

N/A

595-598

N/A

steady

MTD

Rosario/San Lorenzo: no avails until further notice

For further information please contact Terri / Adrian  /Federico

Phone: 203-227-3200; Fax: 203-227-3910; Email: bunkers@merlinpetroleum.com

(**) SUBJECT TO CHANGE WITHOUT NOTICE

PLEASE VISIT OUR WEBSITE AT: www.merlinpetroleum.com