Prospect of Binding Global Rules on Biofouling Management

IMO approves new recom­men­da­tions for underwater management of biofouling on ship hulls and takes important steps towards binding international regulations. Biofouling on ship hulls — in the form of small algae, barnacles, and other organisms — can spread invasive...
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Asia Fuel Oil Markets stable in thin trading momentum

Fuel oil markets were largely stable in Asia on Monday against a backdrop of thin trading momentum, while spot tender discussions have also quietened. Intermonth spreads for high sulphur fuel oil (HSFO) traded at a narrower backwardation for the prompt months, while...
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