Iraq rocket attack hits southern oil site, but exports unaffected: source"Exports were not affected," a source at Basra Oil Co. said.
Major banks set new lending standards for shipping to aid IMO's GHG cuts targetAdditional banks, including Asian banks, are also expected to embrace Poseidon Principles.
Asian companies start using 0.5% marine fuel as benchmark pricing"We are not sure how the others will bid for these cargoes, but we are in a position to bid at a differential to Marine Fuel 0.5%," a trader said.
Port of Singapore updates its guidance on IMO 2020"Our inspectors will also be equipped with portable sulfur kits for on site testing of in-use fuel," MPA Chief Executive said.
ANALYSIS: Freight rates may rise over Middle East security concernsIf such attacks persist or become more frequent, a sharp spike in rates cannot be ruled out, sources said.