Australia announces three new hydrogen clusters in Queensland, WA
Australian 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 imports
Stocks 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 sales
All 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 CEO
The 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
Bunkerworld Index
