MGO will remain a safer bet over LSFO at top bunkering port
Most licensed bunker players in Singapore will ready low-sulphur fuel oil supplies from the third quarter onwards while marine gasoil has been made widely available at the world's number one port by bunker sales, according to a guide released by MPA and SSA. The guide provides some clarity on the IMO 2020 position of licensed bunker suppliers, but observers say critical information on available volumes and fuel specifications is still not forthcoming
In light of the information made public so far with respect to the positions bunker suppliers may hold on marine gas oil and low sulphur fuel oil in Singapore, international shipping at large still have to grapple with the unwelcomed prospect of switching to higher cost marine gas oil at least during the first months of 2020, observers say
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