World News
ESG Assessments Offered by Infospectrum
Renowned marine reporting firm Infospectrum has added environment, social and governance reporting to its suite of products.
The company's multiple factor verification (MFV) process is to be put to good use to provide "clarity to ESG strategy, accountability, performance, and transparency within a consistent framework", the company said.
Included in the report's assessment of a company ESG performance is the adoption of ESG-technologies and alternative fuels.
Participation in carbon markets also are highlighted alongside key alliances, memberships and ESG investments, the company added. The report concludes with an assessment and rating.
"The ESG-A rating leverages Infospectrum's industry-recognised, comprehensive counterparty rating methodology, the core of which combines data analytics with human intelligence within our proprietary MFV process, which has been optimised over our 20-year track record," said Ruta Samant, head of strategy and development, ratings at Infospectrum.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 602.50 | 13.50 | 676.00 | 10.00 |
| Rotterdam | 540.50 | 6.50 | 665.50 | 18.00 |
| Houston | 552.50 | 21.50 | 685.50 | 25.00 |
| Fujairah | 592.50 | 17.50 | 783.00 | 10.00 |
| Global 20 Ports Average | 615.00 | 12.00 | 757.00 | 15.00 |
| Global 4 Ports Average | 572.00 | 14.50 | 702.50 | 16.00 |
| Global Average Bunker Price | 653.00 | 9.50 | 824.50 | 9.50 |
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Oct 02The new hire was previously managing director of bunker trading firm Sing Fuels from March 2018 to this month. -
Oct 03The new hire was previously managing partner of Island Gulf Energy in Dubai from July 2016 to last month. -
Oct 02The new hire was previously a bunker trader for marine fuel trading firm Pacific Bunkers in Singapore from July 2012 to last month.