INE Signs Delivery Deal With PetroChina for Oil Futures

  • China’s Shanghai INE had signed an agreement with PetroChina to cooperate on the overseas delivery for its LSFO futures contract ILUF1.
  • Both parties have reached a consensus on cross-border overseas delivery for the marine oil.
  • This would be the first time a Chinese futures contract would be deliverable outside of China, which could boost the liquidity and increase the pricing influence.

The Shanghai International Energy Exchange (INE) has signed an agreement with PetroChina International for...

https://mfame.guru/ine-signs-delivery-deal-with-petrochina-for-oil-futures/

Monjasa Developing English Channel As A Bunkering Hub

  • Portland Port as base to expand services along coast
  • Seen as complementary rather than competitive with ARA
  • Lack of traffic, no draft restrictions important benefits
  • Weather, price could limit competitiveness: analysts, sources

According to a Platts report written by Britt Russell-Webster   and   Paul Hickin, Danish bunker fuel supplier and shipping firm Monjasa sees huge potential in the English Channel and wants to expand its services along the key waterway in what could act as a...

https://mfame.guru/monjasa-developing-english-channel-as-a-bunkering-hub/

Top 5 Bunkering Locations Where You Can Spend Your Holiday!

Want to spend your holiday on a bustling picturesque bunkering hub watching ships in action? Is that your kind of holiday?. Well, you are in for a surprise as there are indeed places where you can do that!

Integr8 Fuels, the bunker trading and brokerage arm of Navig8, on Monday (15 June) published a list of bunkering hubs that also double up as holiday destinations for those who need to catch up on work and travel post COVID-19 lockdowns; it was written by Senior Research Analyst, Anton...

https://mfame.guru/top-5-bunkering-locations-where-you-can-spend-your-holiday/