China bonded bunker fuel oil consumption to fall in 2019 on limited supplyState-owned refiners heard to have suspended their VLSFO production as they await tax rebates.
Singapore's MPA issues circular detailing extension of green ship programThe GSP was now valid until December 31, 2024, the MPA said.
Asia's high sulfur bunker prices slump 19%-52% in Nov to record lows as IMO 2020 nears"We are not seeing many HSFO inquiries in market now. Demand for LSFO is growing and supply for LSFO is very tight," a trader said.
Bunker fuel quality remains a pressing concern as IMO 2020 nearsIncreased blending due to IMO 2020 likely to spur bunker fuel quality issues.
INTERVIEW: Shell to start fuel imports by ship into Mexico in mid-2020"We are waiting for marine terminals infrastructure to be functional," Fonseca said.