By Srinivas Chowdary Sunkara // petrobazaar // 12th August 2020.
BUNKERING NEWS
The Bunker Price Index consist of a range of prices for 380 HSFO, MDO and MGO(Gasoil) in the main world hubs traded up across the major world ports yesterday. In Singapore, HSFO 380 cSt prices traded $8.50 or 3.09% up at $283.50 while MDO prices edged $3.75 or 1.08% up and MGO price indexes showed a downward evolution at $387.25 respectively. Meantime, The world crude oil benchmark prices eased yesterday on dimmed hopes over the further corona aid from U.S government and worries over increasing corona infections.
IMO-2020 NEWS
Ship&bunker published that The International Maritime Organisation (IMO) is to hold remote sessions for its various committees for the rest of 2020. The 7th meeting of the intersessional working group on reduction of GHG emissions from ships will be held on Oct 19-23 and the 75th session of the Marine Environment Protection Committee (MEPC) is scheduled for Nov 16-20.
Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com
