According to an article published in ArgusMedia, several ports across Asia are coping with limited availability of high-sulphur fuel oil (HSFO) for bunkers, with price spreads relative to Singapore rising to record highs.
Cargo market all time highFewer fuel oil arbitrage arrivals into Singapore during June and July caused the cargo market to strengthen to all-time highs, with delivered bunker premiums also sustaining record highs around $30/t since the second week of July.
Shortages at portsThe...
http://mfame.guru/bunker-shortages-spreading-across-asian-ports/