Marine Fuel 0.5%S prices are available for major ports in the single port page. Shortly, we will publish 0.5%s prices for further ports to Bunkerworld platform and add the prices to the summary pages for each region.
Hong Kong LSMGO/LSFO spread at record wide"If shipowners can use gasoil, they will take it," a supplier said.
China announces VAT rebate on domestic fuel oil for bonded bunkeringAs a result of the full 13% VAT rebate, the Yuan 1,218/mt ($176/mt) consumption tax on fuel oil will also be refundable.
Fujairah to reveal new storage and refining projects as it reclaims more land"This year they (new projects) are likely to be more tankage (mixed products and crude) and refinery," Hamoudi said.
FUTURES: Crude futures lower as Wuhan coronavirus spreads to US"It is too soon to say the coronavirus is SARS 2.0, but the outlook for oil is quite negative should that situation escalate seriously," OANDA's analyst said.
Malaysia's Southpoint terminal receives first IMO 2020 compliant LSFO shipmentThe vessel, Straits Energy, delivered and discharged the LSFO shipment into dedicated storage tanks in Southpoint terminal.