Argus Media launches Zhoushan HSFO bonded bunker price assessment
- Published
by Admin
Global energy and commodity price reporting agency Argus Media in mid-December launched a high-sulphur fuel oil (HSFO) delivered bonded bunker price assessment at Zhoushan.
“Zhejiang is growing to be one of the largest free trade zones (FTZs) in China. Currently over 3bn t of freight is being handled by Zhoushan and nearby ports, so it is crucial to have a reliable and transparent price for delivered bunker price assessments at Zhoushan,” it stated in an industry note.
“Following this launch, Argus will continue to closely monitor the development of the Zhejiang FTZ and will be looking into low-sulphur delivered bunker price assessments for Zhoushan as well.
“The daily assessment for high-sulphur 380cst in $/t is available in the Argus Marine Fuels market reporting service.”
The Argus Marine Fuels methodology is publicly available and can be found here.
Argus in 2018 expanded its marine fuels price assessments to include the following areas below:
Related: Argus expands locations for 0.5% sulphur bunker fuel assessment
Related: Argus launches ‘LSFO 0.5%S’ delivered bunker assessment for Singapore market
Related: Argus officially launches 380 cSt, MGO, LSMGO bunker price assessment
Published: 26 December, 2018
