Bunkerworld Insights

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Insights

SINGAPORE DATA: Residue stocks fall to 22.90 mil barrels as fuel oil imports plunge

Jul 30, 2021

Bunkerworld

Ahead of an anticipated fall in incoming volumes of low sulfur fuel oil from the Americas into Singapore in August, cargo imports fell 72% to 106,802 mt, mostly due to a 38.80% decline in cargo from Brazil to 63,872 mt, and a 100% fall in volumes from Mexico.
European HSFO backwardation hits 21-month high

Jul 29, 2021

Platts Bunkerworld .

High sulfur straight run can feed into the HSFO pool, as it can be used as both a bunkering and a heating fuel. Strength in the HSSR market is often an indicator of strength in the high sulfur fuel oil market.
FUJAIRAH DATA: Oil product stocks fall to 2-month low as diesel exports rise

Jul 28, 2021

Platts

The stocks of middle distillates, including jet fuel, diesel and gasoil, fell 21% on the week to 2.66 million barrels, the biggest weekly drop since March 2020 and the lowest since April 2020.
Fujairah bunker sales seen capped on shortage of barges to meet surging demand

Jul 27, 2021

Bunkerworld

This market has been on considerable rebound as of late, a Fujairah-based bunker supplier said.
Asia residual fuels: Key market indicators for July 26-30

Jul 26, 2021

Platts Bunkerworld .

Tightening supplies of the upstream Singapore marine fuel 0.5%S cargo coupled with healthy demand for the downstream end user bunker grade has bolstered market optimism.
SINGAPORE DATA: Residue stocks hit 6-week high as fuel oil imports surge

Jul 23, 2021

Bunkerworld

Underpinning the rise in residue inventory was a 79% increase in fuel oil imports over the same period to 1.28 million mt, as imports rose from all regions except Europe. The total imports were last higher in the week ended April 14, at 1.44 million mt.
Singapore June bunker fuel sales gain on soaring HSFO demand

Jul 22, 2021

Platts Bunkerworld .

**June HSFO sales rise 31.9% on month **Favorable Hi-5 spread supports scrubber adoption **Singapore LSFO market faces stiff competition from Zhoushan
Asia residual fuels: Key market indicators for July 19-23

Jul 19, 2021

Platts

In Asia, rising demand for fuel oil from Pakistan in August and September has seen higher premiums for spot HSFO cargoes loading over late-July, which are typically used for blending.
BUNKERWORLD INDEX: OPEC concerns outweigh bullish signals in bunker markets

Jul 16, 2021

Platts

**Tighter VLSFO supply at Singapore **Bad weather in Med to hamper HSFO availability **Panama market cools down after recent price rises
OPEC sees tight oil market through end-2021, solid demand growth for 2022

Jul 15, 2021

Platts Bunkerworld .

Organization for Economic Cooperation and Development oil stocks were 21.7 million barrels below the 2015-2019 average that OPEC+ has said it is targeting, according to OPEC report.
Maritime industry seeks more clarity on enforcement of 0.5% sulfur limit

Jul 14, 2021

Platts

The document seeks clarity on a number of issues including on what basis authorities can determine non-compliance with MARPOL sulfur limit.
Singapore's VLSFO-HSFO spread widens to 5-month high on firm fundamentals

Jul 13, 2021

Bunkerworld

"The ex-wharf market though is improving, and term discussions for August are already being offered a couple of dollars higher than July at close to $6/mt," a supplier said.
SINGAPORE DATA: Residue stocks fall to over 3-month low on firm demand, low imports

Jul 9, 2021

Platts

**Bunker demand firms up to better-than-average level **Fuel oil imports decline 1.3% on week to 967,590 mt
OPEC+ hikes June output by 540,000 b/d amid higher demand for crude

Jul 8, 2021

Bunkerworld

**Saudi pumps at five-month high of 8.97 mil b/d **Russian output flat at 9.51 mil b/d
FUJAIRAH DATA: Oil product stocks fall to six-week low on higher summer demand

Jul 7, 2021

Bunkerworld

Heavy distillates inventories were down 33% from this time last year, according to the FOIZ data provided exclusively to Platts. Stockpiles may continue to decline after Pakistan State Oil bought 65,000 mt of 180 CST high sulfur fuel oil, with maximum 3.5% sulfur from Vitol for delivery to Port Qasim over July 21-29 at a premium of $52.28/mt to the Mean of Platts Arab Gulf 180 CST HSFO assessments, CFR, Platts reported earlier.
Asia residual fuels: Key market indicators for July 5-9

Jul 5, 2021

Platts Bunkerworld .

The marine fuel 0.5%S cash differential surged to 82 cents/mt on July 1, the highest since April 28, S&P Global Platts data showed, before it edged down to 67 cents/mt on July 2.
FEATURE: Singapore weak barging spreads dampen time charter market for bunker tankers

Jul 2, 2021

Platts Bunkerworld .

Ample availability of barges plying the delivered bunkers trade in Singapore stiffens price competition too, another bunker supplier said. Data by the Maritime and Port Authority, or MPA, of Singapore showed a registry of 210 bunker barges as of March 2021, slightly down from the 215 registered barges reported in July 2020.
FEATURE: Singapore's bunkering operations pose some hurdles but MFMs a bright streak

Jul 1, 2021

Platts

Maritime industry players in Singapore are keeping a close watch on bunker fuel quantity disputes, as a slew of pandemic-related restrictions including contactless bunkering potentially reduces the scope for checks on bunker tankers and tough markets may tempt some unscrupulous players to benefit from the situation.
Aramco Trading Company begins bunkering operations at Yanbu Port

Jun 29, 2021

Bunkerworld

Aramco Trading Company, or ATC, has begun bunkering operations at Saudi Arabia Yanbu Industrial Port, the company said in a June 29 statement.
Asia residual fuels: Key market indicators for June 28-July 2

Jun 28, 2021

Platts Bunkerworld .

In the high sulfur fuel oil market, after the initial purchases of straight-run fuel oil, at least two of Shandong's independent refiners have expressed an interest in seeking high sulfur SRFO barrels on a more regular basis to avoid refinery run cuts in the short-term.
TFG Marine to offer biofuel bunker blends in ARA

Jun 24, 2021

Bunkerworld

Biofuels blends are gaining increased attention as the shipping industry looks towards more stringent environmental regulations in 2030 and 2050.
China's latest round of import quotas likely to prompt caution in H2 crude buying

Jun 22, 2021

Bunkerworld

China's second batch of crude import quota allocations has created uncertainty over the total volume that qualified independent refineries will be allowed to import for the full calendar year 2021, which is likely to make them cautious in their procurement activities in the coming months, according to market sources.
Hapag-Lloyd orders six container vessels with midterm climate goals in sight

Jun 22, 2021

Platts Bunkerworld .

**LNG a cost-competitive fuel **Suitable for midterm climate objectives **Container freight rates 469% higher on year
Singapore July-August gasoil timespread tumbles to 5-week low on demand concerns

Jun 22, 2021

Platts

Traders said regional supply may be hit by a reduction in Chinese refinery exports and smaller Chinese export quota for key oil products in H2, 2021.
Asia residual fuel market: Key market indicators this week

Jun 21, 2021

Bunkerworld

While the bunker demand for marine fuel 0.5%S in the Asia-Pacific market remains lukewarm overall, the lifting of 14-day mandatory quarantine for crews on vessels at Hong Kong for bunkers-only calls is expected to raise demand marginally in the port city.
BUNKERWORLD INDEX: Prices firm but choppy waters ahead from crude, regional markets

Jun 18, 2021

Platts Bunkerworld .

**Singapore on track to supply 900,000 mt of 3.5%S FO in June **European markets likely to remain well supplied **Tight supply, weak demand seen in Latin America
FEATURE: Singapore bunker market volumes remain resilient despite hurdles

Jun 17, 2021

Platts

**Steady stream of inquiries' in June **Barging spreads under some pressure
Commodity traders eye growing oil, gas asset opportunities but rising ESG scrutiny

Jun 16, 2021

Platts

**Oil majors are accelerating asset sales in pivot to clean energy **Gunvor flags rising pressure from lenders over ESG metrics
Peninsula renews credit facility amid increasing financial scrutiny of bunker sector

Jun 15, 2021

Bunkerworld

**Recent credit events in bunker sector **Decarbonization may present further credit challenges
BUNKERWORLD INDEX: Prices waver amid mixed market dynamics and crude bearishness

Jun 11, 2021

Platts Bunkerworld .

**Tightening of 3.5%S FO at Fujairah **Supply overhang in the Mediterranean **Congestion leads to limited prompt availability at Montreal
Shell to step up climate effort but still provide oil and gas, appeal Dutch ruling: CEO

Jun 10, 2021

Platts

Ben van Beurden said he felt Shell was unfairly singled out by the May 26 ruling of a district court in the Hague
Container shipping grapples with China ports operational delays

Jun 9, 2021

Platts

**Yantian, Shekou, Nansha ports face disruptions **Maersk, Hapag Lloyd, MSC ships omitting Yantian port
SHIPPING: Carbon tax proposals ahead of IMO meeting make owners jittery

Jun 8, 2021

Bunkerworld

**Maersk CEO's tax proposal fails to cut much ice **Concerns over green fuels' supply
China independent refineries rush to buy straight-run fuel oil as crude quotas to fall short

Jun 7, 2021

Platts Bunkerworld .

**Four refineries take cargoes for Jun/Jul delivery **Using fuel oil lifts cost by $31/mt
BUNKERWORLD INDEX: Prices climb as firming crude sets trajectory amid varying regional bunker sentiment

Jun 4, 2021

Platts Bunkerworld .

**Excess supply at Singapore weighing on prices **Delays loading 3.5%S FO at Algeciras expected to ease **Argentine agricultural exports supporting demand
Shipping group BIMCO prepares new charter party clauses for carbon compliance

Jun 3, 2021

Platts

**BIMCO study highlights commercial, contractual challenges **Cost sharing to be focus of BIMCO clauses
China independent refineries struggle for fuel oil amid tight supply, high prices

Jun 2, 2021

Platts

**New tax on bitumen blend makes fuel oil attractive **Straight run fuel oil supplies fall **Less competitive with crude
EUROPE AND AFRICA RESIDUAL FUEL: Key market indicators this week

Jun 1, 2021

Bunkerworld

Healthy gasoline and diesel margins incentivized increased VLSFO production from Mediterranean refiners.
S Korea VLSFO production in Q3 set to rise as refiners seek outlets for LCO

May 31, 2021

Platts Bunkerworld .

"China was a huge market for us, but now we're going to have to accommodate the extra LCO we will no longer be able to export," a refiner source said.
South Korea bunker supply tightens as SK Energy cuts production in May: sources

May 28, 2021

Platts Bunkerworld .

Some ships went to China, where 0.5%S bunker prices were lower. Also, when the ships route included both Japan and South Korea, the preference has been for bunker fuel from Japan due to lower prices, market sources said.
FEATURE: Bunker industry says unpredictable compliant fuel hampering hedging

May 27, 2021

Platts

**Liquidity in 0.5%S fuel oil paper market slowly gaining traction **Variability in 0.5%S fuel oil blendstock makes hedging difficult
Sri Lanka Hambantota port to set up marine fuel testing lab

May 26, 2021

Bunkerworld

In a virtual ceremony, HIP signed a 10-year partnership agreement with Intertek Lanka. Intertek lab will provide assurance, testing, inspection and certification services.
Oman's Sohar port unaffected by nearby protests over job cuts: traders

May 25, 2021

Platts Bunkerworld .

**Duqm bunkering seen ready in 3 months **Sohar port 2020 throughput at 62.5 mil mt **Job protests rare in Oman
Asia residual fuel market: Key market indicators this week

May 24, 2021

Platts

June arrivals of low sulfur fuel oil are expected to be higher than May and add to current levels in storage.
BUNKERWORLD INDEX: Prices fall amid pockets of weak demand, prospects of Iran deal

May 21, 2021

Platts Bunkerworld .

**Zoushan suppliers close to May sales targets, focus on margins expected **European demand expected to remain stable **Weak demand expected at USGC
India shipping operations run into disarray as cyclone makes landfall

May 18, 2021

Bunkerworld

Port operations delayed by few days with crude, coal imports likely to be hit
Asia residual fuel: Key market indicators this week

May 17, 2021

Platts

The Asian high sulfur fuel oil market was witnessing contrasts, with indications of noticeable demand for power generation from the Middle East and falling demand in Sri Lanka.
SINGAPORE DATA: April bunker sales rise 3.5% on year, up 1.4% from March

May 14, 2021

Bunkerworld

The overall rise in bunker sales was driven by a jump in high sulfur bunker fuel sales, the data showed.
INTERVIEW: Torm banks on long-term strength of large oil product tankers

May 13, 2021

Platts

**Shift in refinery capacity to lead to higher ton-mile demand **No single fuel will fit the bill on road to decarbonization
China's tepid ESPO crude demand puts Aframax rates under pressure, but USWC fixtures support

May 12, 2021

Bunkerworld

Presently, Aframaxes are barely earning $2,500-$4,000/day on some of the key routes in the East of Suez, sources said.
OPEC+ crude oil production rises in April, on surges from Iran, Russia: Platts survey

May 11, 2021

Platts

The rising output is a preview of the wave of OPEC+ crude set to hit the market over the next few months.
India's COVID-19 surge to unleash drastic disruptions in maritime industry: sources

May 10, 2021

Platts

Bunkering schedules will go awry, daily earnings will be hit and ships will seek to offset it by higher freight for India-bound voyages, sources said.
BUNKERWORLD INDEX: Prices fall amid tepid prompt demand, crude headwinds

May 7, 2021

Platts

**Singapore may see demand uptick **European low demand could linger **Market uncertainty in Colombia amid protests
Shipowner Euronav sees freight rate recovery later in 2021 after challenging Q1

May 6, 2021

Platts

**Freight rates likely to spike in H2 2021 **Illicit trade in Iranian, Venezuelan crude deferring scrapping **Dual fuel vessels on order ahead of IMO climate goals
Second wave of scrubber installations to support HSFO sales despite cleaner fuels shift

May 5, 2021

Platts Bunkerworld .

**4,006 ships currently fitted with scrubbers: BIMCO **Singapore Hi-5 spread mostly above $100/mt to date in 2021
LPG, oil operations at Indian ports normal amid COVID-19 measures

May 4, 2021

Bunkerworld

"There has been no berthing restrictions as of now at any LPG port due to COVID-19," one importer said.
BUNKERWORLD INDEX: Prices firm amid mixed outlook for marine markets

Apr 30, 2021

Platts

**Strong Chinese refinery runs weigh on domestic prices **ARA demand expected to increase **Firming oil complex supporting US bunker levels
Shell bounces back to black in Q1 but cautions uncertain pace of recovery

Apr 29, 2021

Platts

Looking ahead, Shell said it sees its upstream production at between 2.15 million - 2.35 million boe/d in the second quarter.
FUJAIRAH DATA: Oil product stocks climb with heavy distillates reaching an eight-month high

Apr 28, 2021

Platts Bunkerworld .

**Middle East sending gasoline to US Atlantic Coast **Fuel oil exports slowing, bunker sales falling
LNG presents transition pathway to shipping's decarbonization goals: sources

Apr 27, 2021

Platts Bunkerworld .

**Other low-carbon fuels will take time to develop **Dual-fuel engines gaining traction, fuels flexibility key **LNG's viability as bunker fuel proven on well to wake basis
FUJAIRAH DATA: March bunker sales fell for second month

Apr 26, 2021

Platts Bunkerworld .

**Singapore bunker sales rise despite crude gains **Temporary outage at Uniper Energy refinery **Marine gasoil bunker sales led decline
BUNKERWORLD INDEX: Bunker prices down as crude weakens

Apr 23, 2021

Platts Bunkerworld .

The Bunkerworld 0.5%S fuel oil pricing index ended April 22 at $492/mt, down $8/mt on the day and $11/mt on the week, but was $4/mt higher than 30 days prior.
Fuel cells critical to net-zero emission shipping: Shell Henderson

Apr 22, 2021

Platts Bunkerworld .

**Shell endorses LNG amid criticism of fuel **Hydrogen-powered fuel cells could be key to net-zero
AP Moller Maersk halts buying of ships without zero carbon capability

Apr 21, 2021

Platts

This means that even though these new ships will have dual fuel engine capability and can use diesel when zero carbon emitting fuels are unavailable, this will only be opted as a last resort.
S Korea's delivered 0.5% sulfur bunker differential to gasoil hits 10-month low

Apr 21, 2021

Platts

**Lower China prices attract demand from South Korea **Supply remains ample with refiners keen to sell
Asia residual fuel market: Key market indicators this week

Apr 19, 2021

Platts Bunkerworld .

Stagnating demand in the Singapore low sulfur fuel oil market is not expected to ease in the April 19-23 week, according to bunker suppliers.
FEATURE: Domestic LSFO production outpaces demand in China's bonded bunker fuel market

Apr 16, 2021

Platts Bunkerworld .

**Demand falls short of supply **Export quotas fail to stem growth
MPA, industry partners complete first biofuel trial with ocean-going ship in Singapore

Apr 15, 2021

Platts Bunkerworld .

**Biofuel used cuts CO2 emissions by 80%-90% well-to-exhaust compared with HFO/VLSFO **Trial to aid strategy for biofuels use to support BHP's key shipping routes
Containership Ever Given arrested by Suez Canal Authority: sources

Apr 14, 2021

Platts Bunkerworld .

The SCA's claim against Shoei Kisen includes $300 million as a salvage bonus and $300 million for loss of reputation. The claim on reputation has been disputed by Shoei Kisen and its insurer, sources said.
INTERVIEW: Hydrogen spot markets a decade away, but costs falling fast: Hydrogen Council

Apr 13, 2021

Platts Bunkerworld .

Over $2.5 trillion of investment in hydrogen was planned globally through to 2050, Wilson said.
EMEA residual fuel: Key market indicators

Apr 12, 2021

Bunkerworld

Saudi Arabia has been seen pulling in fuel oil cargoes from the ARA region in April, with the Aframax Seatribute loading about 80,000 mt of fuel oil from Rotterdam on April 4 with an estimated time of arrival at Yanbu port of April 19, according to data from cFlow, Platts trade flow software.
BUNKERWORLD INDEX: Prices show mixed signals amid varying local dynamics, bearish crude indicators

Apr 9, 2021

Platts Bunkerworld .

**Fujairah demand weak, supply good **Rotterdam demand steady, some tightness **Panama demand firming
Glencore starts low sulfur bunker supply in Singapore: sources

Apr 8, 2021

Platts

Glencore move to include low sulfur bunker supply comes amid progressively higher sales of the erstwhile mainstay high sulfur bunker fuel that the world's largest ship refueling destination has been witnessing over the course of 2020.
FUJAIRAH DATA: Oil product stocks rise on week led by record jump in fuel oils

Apr 7, 2021

Platts Bunkerworld .

**Fuel oil diverted from Singapore **Fujairah marine fuel at discount again
Vitol eyes a decade of oil growth but warns on jet fuel recovery

Apr 6, 2021

Platts

Company to pursue growth in bunkering and other sectors
Asia crude oil: Key market indicators this week

Apr 5, 2021

Platts Bunkerworld .

Crude oil futures retreated marginally during mid-morning trade in Asia April 5, after the OPEC+ alliance announced its plans late April 1 to gradually taper off production cuts from May to July.
BUNKERWORLD: Marine fuel prices bearish despite pockets of tightness, congestion

Apr 1, 2021

Bunkerworld

**Fujairah to see improved 0.5%S FO supply **Tightness at Rotterdam likely to linger **Poor visibility, weather at USGC may cause delays
Singapore bunkers seen little impacted by VPS sediment content alert: sources

Mar 31, 2021

Platts Bunkerworld .

**VPS sample test showed TSP of up to 0.18 % m/m **Deliveries made by multiple suppliers between March 19-23: VPS
East of Suez ULSD shipments to Europe set at 510,000 mt in March, Suez transit dependent: cFlow

Mar 26, 2021

Bunkerworld

Around 510,000 mt of East of Suez ULSD is set to arrive in Europe in March, including around 220,000 mt sent in the seven days to March 26, according to cFlow, S&P Global Platts trade flow software.
Stuck Suez Canal container ship disrupts global commodities trade: sources

Mar 24, 2021

Platts

**Demurrage costs to rise **Salvage operations on
China's Jan-Feb bonded bunker fuel supply hits record high of 3.2 million mt

Mar 23, 2021

Platts Bunkerworld .

**Jan-Feb bonded bunker fuel supply jumps 50% on year **Output of LSFO for bonded bunkering rise 223%
BUNKERWORLD INDEX: Prices dip amid soft crude outlooks

Mar 19, 2021

Platts Bunkerworld .

In Fujairah, the premium for low sulfur marine fuel, which had soared to multi-month highs over the course of the week ended March 19, was likely to edge lower in the near term, said traders.
SAUDI DATA: Crude exports rise again as Saudi Arabia draws on inventories

Mar 18, 2021

Platts

**Supplies to market rose to 9.194 mil b/d in January **Output just below 9.119 million b/d OPEC+ quota
FUJAIRAH DATA: Oil product inventory rises 7% led by light distillates

Mar 17, 2021

Platts Bunkerworld .

**Heavy distillate inventory increased 6.1% **Middle distillate stocks declined 6.7%
World oil demand may have peaked in 2019 amid energy transition: IRENA

Mar 16, 2021

Platts

Under the 1.5 C scenario, global oil production is projected to plummet by 85% to slightly above 11 million b/d by 2050 from current levels, IRENA said.
Asia residual fuel - Key market indicators this week

Mar 15, 2021

Platts

Rising seasonal demand for high sulfur fuel oil from South Asia to meet increasing power generation demand remains a ray of hope for refiners
BUNKERWORLD INDEX: Prices rise amid firming crude and variable VLSFO supply

Mar 12, 2021

Platts Bunkerworld .

**Fujairah market set to firm on limited availability **Rotterdam access to product expected to improve **Pockets of good demand in Latin America
Asia LR1 rates trade at 2021 high as tankers delay return to Middle East: sources

Mar 11, 2021

Platts

At current bunker prices, LR1s are likely to earn around $8,000 daily on the benchmark PG-Japan route and another $3,000/d on backhaul, according to shipping industry estimates.
Singapore 180 CST HSFO to firm in the near term on uptick in regional demand: traders

Mar 10, 2021

Bunkerworld

The country may to import around 350,000 mt of HSFO in March, up from 300,000 mt in February, as rising temperatures boosts power demand.
Saudi Arabia discipline pushes OPEC+ crude output to 4-month low in Feb: Platts survey

Mar 8, 2021

Platts

**OPEC pumps 24.86 mil b/d in Feb, non-OPEC adds 12.97 mil b/d **Saudi Arabia produces 8.13 mil b/d, fulfilling extra cut pledge
BUNKERWORLD INDEX: Bullish supply conditions ahead at some key ports

Mar 5, 2021

Platts Bunkerworld .

**Firm prices likely to dampen Singapore demand **Rotterdam 0.5%S FO supply outlook limited **USGC market heard tight, congested
Singapore March ex-wharf marine fuel term settles at $6/mt premium

Mar 4, 2021

Platts Bunkerworld .

"Volumes are expected to be higher in March compared to Feb as Feb was a short month," a trader said.
OIL FUTURES: Rally accelerates as US gasoline draw offset Gulf Coast crude build

Mar 3, 2021

Platts Bunkerworld .

An overnight oil price rally extended midmorning March 3 after a larger-than-expected drop in US gasoline stocks offset the largest-ever one-week build in crude inventories.
Europe and Africa residual fuel: Key market indicators this week

Mar 2, 2021

Platts

** Support remains on lower sulfur fuel oils, as reduced refinery runs continue to dampen resupply ** Fundamentals diverge between low and high sulfur products
Lanka Marine Services starts 0.5%S marine fuel sales at Hambantota

Mar 1, 2021

Bunkerworld

"Cargo imports are done by Sinopec Sri Lanka with whom LMS has entered into a strategic partnership," company officials said.
Asia residual fuel: Key market indicators this week March 1-5

Mar 1, 2021

Platts Bunkerworld .

Higher arbitrage volumes of low sulfur fuel oil cargo arriving in Singapore in March underpinned recent trading sentiment, although the Singapore delivered bunker market is still expected to see an initial period of tightness, as most arrivals are scheduled in the latter hald of the month.
BUNKERWORLD INDEX: Prices show bullish signs, track rising crude

Feb 26, 2021

Platts

**Asian buyers securing product ahead of further rises **Tightness in 0.5%S FO expected at Rotterdam **US prices supported by post-storm recovery
Rising volatility in marine markets lifts hedging against Platts instruments: ICE

Feb 25, 2021

Platts Bunkerworld .

**ICE traded volumes of marine fuel up 114% on year **Freight contract exposure hedged as far as 2025 **Different approaches to managing risk
Singapore's MPA, Yara join ammonia-fueled tanker development project

Feb 24, 2021

Platts Bunkerworld .

The consortium will tap onto MPA's experience as a bunkering hub and flag state to gather insights on safety issues and ammonia bunkering.
Bunker markets in Panama see strong hikes on supply curbs from US Gulf Coast

Feb 23, 2021

Platts

"Supply has tightened a lot and has triggered higher levels, especially for deliveries in the next 5-10 days," a market source said.