China's fuel oil yield remains below 4% as industry awaits cues on tax rebates"We have suspended our VLSFO output temporarily now due to negative margins," a source with a Sinopec refinery said.
Djibouti's Red Sea Bunkering readies VLSFO supply from Dec as IMO 2020 loomsed Sea Bunkering will have about 25,000 mt of VLSFO cargo at any given time, Paravalou said.
FEATURE: Methanol industry seeks slice of bunker demand on emission cutsMethanol barge prices at Rotterdam have been $228/mt lower than 0.5% sulfur marine fuel barges over the past month.
Asia 2020 middle distillate term talks kick off as Taiwan's Formosa awards contracts"Distillate supply growth has been much faster than the pace of demand growth, even with IMO 2020 on the horizon," a trader said.
T.A.G. Marine, Euronav sign low sulfur bunkering agreement ahead of IMO 2020The deal positions KLIP as a bunkering hub for ships transiting the Straits of Malacca.