S. Korea halts ship refuelling at key ports
Event
12:46 06 Sep, 2022
Ship refuelling operations were temporarily halted at South Korea's Busan and Ulsan ports on Tuesday after typhoon Hinnamnor hit the country's southern region, Qazet.az reports according to trade sources.
The halt in operations also paused spot premiums for low-sulphur bunker fuel offered at these ports this week at about $60 per tonne over Singapore fuel oil quotes, bunker fuel traders at South Korean companies said.
Operations are likely to resume gradually later in the week, though fresh slots for bunkering are likely to start only from next week onwards, the traders said.