Tight Avails at Port of Keelung

by Ship & Bunker News Team
Thursday December 22, 2016

Taiwan's CPC Corporation (CPC) Wednesday informed customers that the company is unable to receive any new fuel oil orders at Keelung Port on or before December 26, citing low stock level at the port.

According to Ship & Bunker data, the price of IFO 380 at Keelung had risen from $367.50 per metric tonne (pmt) on Friday to $374.50 pmt on Tuesday.

The news comes on the heels of a similar announcement last week by CPC, informing customers that it was experiencing tight bunker avails at Taichung.

In April, CPC Corporation announced that the company's bunker barge Chung Yu No.9 in Keelung, had resumed operations following an almost two month stoppage for annual maintenance.

Ship & Bunker News Team
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