INTERVIEW: Fuel supplier Bomin seeks exclusive deals to sell 0.5% S bunkers"As a supplier this is one of the most important tasks for us right now."
SINGAPORE DATA: Jun bunker fuel sales rise 2% on year to 3.2mil mtAt 11,000 mt, 500 CST LSFO sales were at a record high, while 380 CST LSFO sales came in at a 16-month high.
BP Singapore's compliance director explains in court Clarence Chang's breachChang is accused of setting up a company to trade with BP, profiting from those trades.
Taiwan's Yang Ming sees low sulfur fuel as likely main option for IMO 2020 ruleThe use of LSFO is the "intended solution for now" but other options like scrubbers, LNG are also being considered.
Tanker owners feel the pinch of higher bunker pricesTime-charter rates have not risen as fast as bunker prices.