World News
VTTI Resumes Operations at Malaysian Terminal
Monday August 29, 2016
Vitol Tank Terminals International BV (VTTI) late Friday said operations at the company's ATT Tanjung Bin Sdn Bhd (ATB) terminal had resumed, Reuters reports.
As Ship & Bunker reported on Friday, the Johor Port Authority had ordered VTTI to stop operations at the terminal after a bunker spill was discovered at the site Wednesday.
"The suspension has been lifted. ATB will resume its operations as normal, with immediate effect," said a company spokesperson.
The 1.155 million cubic meter (cbm) capacity terminal is noted to handle a variety of products, including gasoil, fuel oil, gasoline, jet fuel, and biofuels.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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