World News
ExxonMobil IMO 2020 Talking Points 03: Port of Singapore [VIDEO]
Monday May 6, 2019
In the latest episode of ExxonMobil's Talking Points video series, we met with the Maritime and Port Authority of Singapore (MPA) for a strategic discussion over a game of chess in the Port of Singapore.
Amidst the tactical moves, Luca Volta, Marine Fuels Venture Manager, ExxonMobil and Alan Lim, Deputy Director (Marine Services), MPA discuss the latest challenges of IMO 2020, from enforcement to alternative compliance choices such as scrubbers and LNG.
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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