ICE to launch 0.5% futures contracts Feb 4 ahead of IMO 2020 sulfur cap"[No one] wants to be the first to jump in there, it's the second mouse that gets the cheese," a fuel oil trader said this week.
Singapore's 2019 bunker fuel outlook seen positive amid industry restructure, changing rulesMarket sources expect the full-year volume to surpass the 50 million mt mark.
INTERVIEW: VLSFO set to be chief marine fuel choice come 2020 - Intertanko senior exec"0.50% sulfur limit compliant fuel oils, as we are told, would be much of a blended type using mixtures coming from many different sources," Wilkins said.
Shipping company Maersk targets zero carbon emissions by 2050Maersk Line consumed around 10.3 million mt of bunker fuel in 2017, representing around 3.4% of global bunker demand.
Singapore marine fuel stocks fall 20% on year ahead of new sulfur ruleA steeply backwardated market structure is forcing companies to minimize their fuel oil inventories.