According to several market participants, the fuel oil market has started to see International Maritime Organization-compliant marine fuel being shipped from Singapore to Fujairah, reports Platts.
LSFO voyagesThe fuel oil market has started to see compliant marine fuel being shipped from Singapore to Fujairah, confirming expectations of imminent changes to global trade flows for residual fuels going into 2020. Platts reports shows:
- Spain’s Repsol has fixed a Sovcomflot tanker for a voyage from...
http://mfame.guru/2020-decree-creates-singapore-fujairah-lsfo-arbitrage/