First orders for Singapore 0.5%/380 CST marine fuel contract posted on ICEThe first trade for ten lots of Mini Singapore FOB Marine Fuel 0.5% (Platts) Futures for December was reported at $500/mt.
First 0.5%/3.5% FOB Rotterdam barge marine fuel futures trades on ICE"It's a start, a bit rich maybe," a broker said.
INTERVIEW: About 8% of bunkers consumed in 2020 likely to be scrubbed - MECL MDMeech estimates the spread between 0.5% and 3.5% sulfur fuel oil prices to be around $279/mt in 2020.
Singapore's Golden Island to start 0.5% LSFO supply from MarchThe product will be priced at a discount to the Platts Singapore delivered low sulfur marine gasoil assessment.
Storage operator Vopak reducing HSFO exposure ahead of IMO 2020"We are improving our infrastructure and reducing our exposure to HSFO," Vopak CEO CEO Eelco Hoekstra said.