Ship & Bunker's G20-VLSFO Index lost $1/mt to $574.50/mt on Thursday, reaching its lowest level since December 12.
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The system will provide comprehensive monitoring and alerting capabilities, covering Qatar's coastline and more than 300 offshore assets.
Arkas Bunker supplied one of Yang Ming's vessels with a B24 blend earlier this month, having made its first delivery to the firm in November.