Lump sum barging fee to emerge for Singapore marine gasoil deliveries from JulyA lump sum barge charge of $1,500 for volumes between 50mt to 100mt and $2,000 for volumes below 50mt likely, sources said.
Singapore Civil Defense Force says tackling fire at Jurong oil tank farm"The fire is still raging and SCDF has deployed jets to surround the fire," the SCDF said.
Iraq rocket attack hits southern oil site, but exports unaffected: source"Exports were not affected," a source at Basra Oil Co. said.
Major banks set new lending standards for shipping to aid IMO's GHG cuts targetAdditional banks, including Asian banks, are also expected to embrace Poseidon Principles.
Asian companies start using 0.5% marine fuel as benchmark pricing"We are not sure how the others will bid for these cargoes, but we are in a position to bid at a differential to Marine Fuel 0.5%," a trader said.