If gasoil remains cheaper than LSFO for sustained period buyers may turn more strongly to LSMGO, say analysts.
Observes further upside in middle distillate cracks, while pressure is likely to persist for high sulphur fuel oil.
Production at AP Oil partner facility reduces delivery times to Singapore and Malaysia ports, says spokesman.
Loading products from Bostco oil terminal and supplying all grades of marine fuels from two bunker barges.
Alexandros Margaritis brings 14 years of experience; has worked at Singapore and Dubai’s bunkering sectors.
Alexei Medvedev (pictured) and Mikhail Antonov explain how regulation will affect the company in an interview.
VLSFO percentage within total fuel oil sales increased from 1.8% in September to 51.6% in November.
With effect from 9 December, Inter-Pacific will cease to operate as a bunker supplier in the Port of Singapore.
Singapore has to date supplied LNG fuel to 170 vessels using tanker trucks, notes Teo Chee Hean in speech.
Firm has adopted an internal control policy on purchase of fuel from the Cosco Shipping Group, it says.
