Asia Fuel Oil-VLSFO dips on multiple selling interest

Asia Fuel Oil-VLSFO dips on multiple selling interest
Asia’s very low sulphur fuel oil (VLSFO) softened Monday as more competitive offers emerged at the start of the new trading week. Cash differential for 0.5% VLSFO eased at a premium of $5.30 a metric ton, while crack spread closed at a premium of $11.84 a barrel. More...
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Historic drought, hot seas slow Panama Canal shipping

Historic drought, hot seas slow Panama Canal shipping
Before the Ever Max shipcarrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month, a historic drought forced it to drop weight by offloading hundreds of containers. Weather-related disruptions...
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