Asian companies start using 0.5% marine fuel as benchmark pricing"We are not sure how the others will bid for these cargoes, but we are in a position to bid at a differential to Marine Fuel 0.5%," a trader said.
Port of Singapore updates its guidance on IMO 2020"Our inspectors will also be equipped with portable sulfur kits for on site testing of in-use fuel," MPA Chief Executive said.
ANALYSIS: Freight rates may rise over Middle East security concernsIf such attacks persist or become more frequent, a sharp spike in rates cannot be ruled out, sources said.
Two tankers loaded with 'Japan-related cargoes' attacked near Hormuz: METI ministerThe reported attacks came to light during a visit by Japanese Minister Prime Minister Shinzo Abe to Iran.
IMO 2020 could cause Brent price spike to $80/b by end-2019: Platts AnalyticsMidgley indicated there was strong support at that $60 level.