Australia announces three new hydrogen clusters in Queensland, WAAustralian hydrogen production for export and domestic use could also generate more than A$50 billion in additional gross domestic product by 2050, the statement said.
SINGAPORE DATA: Residue stocks fall 13% to 3-month low on 32% decline in importsStocks were last lower Sept. 8 at 18.73 million barrels, the data showed.
CHINA DATA: Oct fuel oil exports rise 22% on year on higher bunker salesAll the exports in October fell into the category of "custom warehouse," which indicates that the exports were fuel oil sold as bonded bunker.
IMO's recent climate meeting 'a missed opportunity': Maersk CEOThe IMO is currently targeting a 50% cut in emissions from the global fleet by 2050 compared with 2008 levels, but there is growing industry and political pressure to raise the 50% goal to 100%.
BUNKERWORLD: Bunker prices rise amid limited VLSFO supply at biggest hubs*Singapore VLSFO tight going into December *Limited VLSFO supply in ARA until year-end *Rising demand at Buenos Aires