FEATURE: Clean tanker owners chase dirty product opportunities for higher margins
One broker suggested a lump sum of up to $4.5 million could be made for an LR2 loading in US Gulf to ship to China, compared with $2.5 million carrying clean products.
Japan's Mitsui, Toyota Tsusho ready to supply IMO-compliant fuels from Oct
"Our first LSFO delivery will be this week, latest on October 5," a source at Mitsui said.
Sinopec's Qilu joins foray to produce 0.5% sulfur fuels Nov ahead of IMO 2020
"The LSFO barrels are set at 180 CST with 0.5% sulfur content, and the production capacity will be 300,000 mt/year," the source said.
Singapore Marine Fuel 0.5% premium to 380 CST HSFO weakens on ample supply
"Those traders who have enough storage capacity is fine, but those who don't, have to sell their stocks quickly," a trader said.
First 0.5% Rotterdam marine fuel barge indication seen in Platts MOC
The offer was left outstanding at the 16:30 London time close at $505.00/mt, below the previous day's assessment of $523/mt.
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