US' World Fuel Services sees 2018 bunker sales fall; marine segment profit risesWFS is well-positioned to meet supply challenges of fuel availability, quality and compatibility for IMO 2020, Kasbar said.
Shipping giant Maersk sees best fuel efficiency in six yearsIts total bunker consumption rose by 14.4% to 11.9 million mt/year, representing about 4% of global marine fuel demand.
First orders for Singapore 0.5%/380 CST marine fuel contract posted on ICEThe first trade for ten lots of Mini Singapore FOB Marine Fuel 0.5% (Platts) Futures for December was reported at $500/mt.
First 0.5%/3.5% FOB Rotterdam barge marine fuel futures trades on ICE"It's a start, a bit rich maybe," a broker said.
INTERVIEW: About 8% of bunkers consumed in 2020 likely to be scrubbed - MECL MDMeech estimates the spread between 0.5% and 3.5% sulfur fuel oil prices to be around $279/mt in 2020.